Secret ingredients in Calgary’s inflation rate

CALGARY — City hall’s homegrown inflation rate, a key formula for setting civic budgets and now property tax hikes, is a pioneering tool other cities have tried to emulate.

What does this exact balance of factors for Calgary’s municipal price index have in common with the KFC colonel’s blend of 11 herbs and spices? It, too, is a closely guarded secret.

Read more:  http://tinyurl.com/cbdzcp2