@oblongpyramid@FoodProfessor Yes, subsidizing farms is cheaper, and you won't be feeding Canadians if the majority can't afford to buy any Canadian agri products.
@oblongpyramid@FoodProfessor I don't think you understand how much more expensive dairy and poultry are because of supply management. You want that for all Canadian agri products?
It constantly amazes me how the smallest differences (to the naked eye) can make such a HUGE difference 👀
This one is one of the most common, and impactful ones I see on a day to day basis…
@stephenfgordon Do you have any conclusions as to what the data is telling us? Do you think the cpi is accurately measuring the inflating cost of raw materials? If not, it's it intentional?
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Notre Événement Démo arrive bientôt‼️ Cette année, nous commencerons à nouveau l'événement en ligne les 2 et 3 novembre, puis nous le poursuivrons en magasin les 4 et 5 novembre!
RETWEETEZ ET SUIVEZ-NOUS pour avoir une chance de gagner l'une des trois cartes-cadeaux de 500 $ offertes! Le concours se termine le 29 octobre 2023 à 23h59 (HNE).
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@jfmonfette@Callum_Thomas Inflation is the creation of more money. When people borrow money it's not someone else's deposit, it's created with a key stroke. When debt is payed off, that money creases to exist. With higher interest fewer people take out loans, thus less new money is created.
@Amangrewal1000@ronmortgageguy@danielfoch@CMHC_ca@bankofcanada@cafreeland@OSFICanada Don't trust any national institutions. They don't want affordability. Stats Can had been downplaying asset inflation for a decade, the BoC is politically captured and our fed govt is forcing banks to extend amortizations to the end of the century, all to keep RE from falling.
@mortimer_1 It's all Kabuki theater. Announced by the same people who are forcing banks to push amortizations to 90+ years to keep RE investors from going under water.
@ronmortgageguy Bought a few years before 2015, home "value" has tripled. I would be more than happy if prices declined 40% + because I have children. Canada must be a place where the next gen can hope for future. I would suspect that the majority of people in my situation feel the same way.
@SteveSaretsky@Zumper Not to worry. Stats Can says that if these increases are hedonically adjusted, it works out to a 3.25% increase. A little over the 2% target, but 🇨🇦's GDP needs all the help it can get. 😀