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> Inflation is a generational issue Inflation has been present in every country on the planet. It's not much different in Canada than elsewhere. There's a bit
by throw0101d 2y ago
> Inflation is a generational issue
Inflation has been present in every country on the planet. It's not much different in Canada than elsewhere.
There's a bit of a debate going on about how much carbon pricing ("tax") has effected food prices, with some claiming it has been a lot, but Canadian prices are about at the same (higher) level as the US and other places:
* https://twitter.com/andrew_leach/status/1875227680045723973 https://twitter.com/andrew_leach/status/1875227680045723973
On the issue of housing, there is a decent argument that immigration numbers were too high for too long and that drove up demand:
* https://mikepmoffatt.medium.com/ontarians-on-the-move-2021-edition-the-short-version-4c824722b7ca https://mikepmoffatt.medium.com/ontarians-on-the-move-2021-e...
- DwnVoteHoneyPot 2y agoInflation would have been less if there was less immigration, less gov't spending, less tax... all of which Trudeau actively increased. Consumption taxes, such as carbon taxes, are actually OK if you reduce the income taxes to offset. Consumption taxes can change behavior vs. a blanket income tax. (Inexplicably, he reduced GST (another consumption tax)... so he's not thinking deeply about tax theory or anything at all really) Trudeau planned to continue to increase carbon taxes by 200% higher than they are today. Also compare gasoline prices from the US to Canada.