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Inflation and better rates of interest have eroded Canadians’ purchasing power since 2022, significantly for lower-income households, a new report from the parliamentary budget officer has found. The firm said by the early 2030s it will contribute nearly half of the projected electric battery manufacturing capacity required for the UK automotive sector. “We have a mantra to go local first, so our precedence is to make use of native companies and local folks as part of our improvement,” he said. October three, 2024 • Crude oil costs have risen as Iran and …