Mike

[Mike @sillyluu]

@ThomasWatsonCD There is a carbon tax on gasoline. Then there’s another carbon tax on the summer blend. That’s why the blend price increase more than it did last year. So essentially we are paying double carbon tax.

[Mike @sillyluu]

@MichaelPMichaud @ronmortgageguy more people shopping at Walmart/Costco. They do increasingly more budget shopping there. Walmart grocery aisles were never as crowded as a superstore or other grocers, now it’s flipped. More people at malls, less with bags in their hands. Remember GDP/capita is negative

[Mike @sillyluu]

@SteveSaretsky The report does mention that consumers rely on items they commonly purchase as their gauge on inflation. Food and fuel. Food inflation is not controlled by the BOC nor is fuel (including carbon tax). This has trickle effects though as wage demand can be affected.

[Mike @sillyluu]

@BartsQuandry Deep discounts you haven’t seen in a while? That could mean they are trying to get rid of that particular pack size. Could mean next time the pack size will be smaller for the same price. Perishable foods need to have turn over before new smaller pack sizes can be sold.

[Mike @sillyluu]

@Mikeggibbs Note: our current provincial government is a conservative majority…

[Mike @sillyluu]

@Mikeggibbs Just so everyone knows if you are Ontario works, disabled, home care, under 25YO right now living in Ontario, you get diabetes meds and contraceptives covered 100% already. If meds are too expensive we have trillium drug plan. Not sure why we needed this announcement?

[Mike @sillyluu]

@barniefh1999 Price of gas is driven by external factors while the tax is not. People are paying more when gas prices go up, but adding tax doesn’t help either. Rebates are helpful but low incomer don’t have the luxury of waiting for their rebate, if they need to drive to work.

[Mike @sillyluu]

@JohnLeePettim13 I have a feeling this engine will probably wear down exceptionally fast…

[Mike @sillyluu]

@theresemacdona6 There is a rebate yes, but the psychological effect of paying more for gas, and getting it back later is unnerving if you are literally counting your change to make sure you can fill up to get to work.

[Mike @sillyluu]

@theresemacdona6 Issue is gas prices disproportionately affect rural and lower income earners. They are the ones most likely to need to commute to work and less likely to afford low emission vehicles. They see the tax as an unnessary pile on so richer people can get tax breaks on expensive cars.

[Mike @sillyluu]

@ToewsWenda @gandrew999 5.) since elementary school we were taught that outgoing generations > incoming. Population aging, carrying capacity decreasing. Need immigration to offset. We had decades to create infrastructure but failed to do so. Now we have lots of green space but no where to live.

[Mike @sillyluu]

@ToewsWenda @gandrew999 1.) Lower government spending during times of fiscal constraint
2.) Decrease price of goods by eliminating inflationary carbon tax (wage cost spiral)
3.) less government intervention (“let market forces dictate outcome)
4.) immigration
5.) Housing

[Mike @sillyluu]

@ToewsWenda @gandrew999 4.) far too many PR and not enough citizens. Canada needs more immigration for our aging economy but not at a cost of our “soul”. Canada isn’t a bank you park your cash in. It’s a place to grow.

[Mike @sillyluu]

@ToewsWenda @gandrew999 3.) fed Left wing policies distort market order which should be driven by supply and demand. It’s why we have shortages of health care workers, expensive products and no home grown innovation.

[Mike @sillyluu]

@ToewsWenda @gandrew999 2.) The tax itself does not affect CPI but @ consumer level will cause workers to demand higher wages as they see their bills go up. Green transition is heavy handed. Lower income workers don’t see rebate as enough since higher price now =\= get money back later.

[Mike @sillyluu]

@ToewsWenda @gandrew999 1.)government debt is off the charts. More spending means more interest needs to be paid in the future. Means current spending and social programs cannot be sustained at current level. Fine for now, but will become untenable for future governments.

[Mike @sillyluu]

@RadioGenoa There is a lot of females compared to males on the street? There is about 86.7 males to 100 females.

[Mike @sillyluu]

@antnartist @SteveSaretsky This would most likely take homes off the market for longer. Flippers are just going to wait 2 years to sell. Rates will be lower too.

[Mike @sillyluu]

@SteveSaretsky Housing is only a part of the inflation calculation. Keep in mind even if BOC cuts rates, many are renewing into higher rates. This will sap demand from everything but RE. This will cause inflation to decrease despite higher RE prices.

[Mike @sillyluu]

@ShamjiAdil @BonnieCrombie @stephaniebowman You only get locums who are paid a premium. There’s lots of demand in large urban areas as well. The shortage is everywhere

[Mike @sillyluu]

@ShamjiAdil @BonnieCrombie @stephaniebowman Why would any physician, nursing staff or any health care worker want to work in a publically funded health care center 4 hours away from the city if they are paid exactly the same as if they stayed close to home? Publically funded means the same pay all around?