Quebecor takes credit for drop in wireless prices as StatCan releases monthly CPI report

MONTREAL – Quebecor is patting itself on the back as Statistics Canada’s latest Consumer Price Index (CPI) report, released Tuesday, indicates cellular phone service prices have fallen considerably since this time last year. In a press release distributed Tuesday afternoon, Quebecor claims “the decisive factor in the decline of Canadian wireless service prices shown this morning in Statistics Canada’s monthly Consumer Price Index (CPI) report is increased competition from Videotron, Fizz and Freedom Mobile.” Quebecor notes in its release the overall CPI rose 3.8 per cent on a year-over-year basis between September 2022 and September 2023, “but the wireless component of the...