By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

As Canadians struggle to afford essential goods and services, the spoils of inflation are ending up largely in corporate profits, particularly in oil, gas and mining industries, a new analysis reveals.

The Canadian Centre for Policy Alternatives (CCPA) crunched the numbers to see how much more Canadians spent over the last two years due to inflation and pinpointed which industries benefited the most.