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The inflation of the 1970s in Canada had varied impacts across different regions. In resource-rich provinces like Alberta and British Columbia, rising global commodity prices initially stimulated economic growth, but later inflation eroded purchasing power. Conversely, manufacturing hubs in Ontario faced challenges due to increased production costs and reduced competitiveness. Overall, rural areas often experienced heightened economic strain, as food and transportation costs surged, exacerbating existing disparities between urban and rural regions.
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