5 % inflation rate.

[bucket]

Its really too bad the phucking retards in Ottawa can't get their shit together.

We make gasoline in this country with discounted oil and yet pay more than when oil was $150 a barrel and not one liberaltard can ask questions.

Meanwhile those phuckers are taking next week off. And getting a raise in April.

The bakeries get their flour from Canadian flour mills that are government funded ( P&H got 10million a few years back for their mill in Ontario) The increase in wheat price would only affect the price of a loaf by 3 pennies if that.

No one can correlate raw material to finished product? Wages are not going up to reflect an increase in a loaf. Just another price fixing by the Westons celebrated by the government.

They should use the emergency Measures act to control prices after a serious look at actual cost of goods.

Trudeau wants a socialist/dictator state, why not go all the way and impose price controls?

Just for thought, just pissed today that they will justify this by saying its a global problem.


We have resources in Canada - wood, oil, grain - we should be the lowest cost to build a house, fuel our autos and feed the people in this country, instead they are justifying kicking the shit out of the average household.

[chuckChuck]

US Inflation Rate Accelerates to 7.5%, Highest since 1982
The annual inflation rate in the US accelerated to 7.5% in January of 2022, the highest since February of 1982 and well above market forecasts of 7.3%, as soaring energy costs, labour shortages, and supply disruptions coupled with strong demand weigh.

[GALAXIE500]

This reminds me of Canada's history that we took in high school. In the early days of this country it was called Upper and Lower Canada. Of course back then it was all down in the east, and out west it was considered the wild west that consisted of Indians and fur traders.

Now we are still " the wild west" out here , but there are provincial boundaries, and of course a lot of hard working servants out here sending tax money down there to continue the elites lifestyle. Lets face it everyone , out here , we are considered to be nothing but a bunch of country rubes that can do manual labor.

They didn't give a shit about the west 150 + years ago , except to reap all of the benefits of its wealth. Same for today.

Just my 2 cents.

[bucket]

US Inflation Rate Accelerates to 7.5%, Highest since 1982
The annual inflation rate in the US accelerated to 7.5% in January of 2022, the highest since February of 1982 and well above market forecasts of 7.3%, as soaring energy costs, labour shortages, and supply disruptions coupled with strong demand weigh.

US and Canada inflation rates are measured differently. If we were doing the same metrics as the US , canada would be higher than US.

[bucket]

This reminds me of Canada's history that we took in high school. In the early days of this country it was called Upper and Lower Canada. Of course back then it was all down in the east, and out west it was considered the wild west that consisted of Indians and fur traders.

Now we are still " the wild west" out here , but there are provincial boundaries, and of course a lot of hard working servants out here sending tax money down there to continue the elites lifestyle. Lets face it everyone , out here , we are considered to be nothing but a bunch of country rubes that can do manual labor.

They didn't give a shit about the west 150 + years ago , except to reap all of the benefits of its wealth. Same for today.

Just my 2 cents.

Interesting that reap can be rearranged to spell "R A P E "

[chuckChuck]

US and Canada inflation rates are measured differently. If we were doing the same metrics as the US , canada would be higher than US.

Hiow so?

[bucket]

Hiow so?

Experts at finance committee mentioned it the other day.

[chuckChuck]

Experts at finance committee mentioned it the other day.

What are the difference in calculations and what would they be if compared apples to apples?

But the narrative on Agrisilly is inflation is only a problem in Canada.

So I guess we can lay that canard to bed.

So are you saying we should have price controls to keep prices low? That doesn't sound like conservative thinking to me? Sounds more like state intervention in the market.

[bucket]

What are the difference in calculations and what would they be if compared apples to apples?

But the narrative on Agrisilly is inflation is only a problem in Canada.

So I guess we lay that canard to bed.

So are you saying we should have price controls to keep prices low? That doesn't sound like conservative thinking to me? Sounds more like state intervention in the market.

I guess i wasn't clear, let me try again.

If Trudeau wants a socialist dictatorship then wouldn't it follow he should have price controls as well.

For nations that have no resources like canada I can understand inflation, its like an auction. But for a nation like canada to have resources why gouge the shit of Canadians for the fun of it. And then justify it as a global problem.

It shouldn't be Canadians issue.

BTW what ids the price of gasoline in Saudi Arabia?

[furrowtickler]

What are the difference in calculations and what would they be if compared apples to apples?

But the narrative on Agrisilly is inflation is only a problem in Canada.

So I guess we can lay that canard to bed.

So are you saying we should have price controls to keep prices low? That doesn't sound like conservative thinking to me? Sounds more like state intervention in the market.

It’s a problem all over because of the b/s lockdowns in many countries. It’s much higher than 5% IMO in Canada . For farmers it’s 30-40% this past 6 months alone .

[wmoebis]

I agree Bucket but you can't just blame the Liberals every party is exactly the same. The costs in Alberta for provincial goods and services has gone crazy under Kenney's deregulation and trickle down effect policies.

Not sticking up for Liberals but not letting every other party off the hook either! In fact some might be worse than others just more sneaky or underhanded.

[jazz]

Inflation comes from money supply. Last time I checked Kenney wasnt in charge of the BoC. Trudeau has out spent the capacity of our GDP to match the money supply. No productive investments were created, in fact existing investment has been destroyed, so it just seeps into the prices of everything.

The US is able to mute inflation because it has reserve currency and exports currency.

Nobody is hiding canadian dollars in their mattress around the world.

Hope people refinanced because we are looking at a doubling of the cost of capital in this country.

[Ab7]

There is a lot of crooked shit going on in the inflation calculator to keep the number lower than it really is. They use a owner rent formula
Rather than actual rents, the real number is at least 15%

[blackpowder]

Inflation will affect all countries.
Less so those who were responsible when they had the chance.

[jazz]

There is a lot of crooked shit going on in the inflation calculator to keep the number lower than it really is. They use a owner rent formula
Rather than actual rents, the real number is at least 15%

Well for example real estate accounts for 10% of our GDP. Insurance and financing of said real estate is another 10%.

Yet housing and related costs are left out of inflation metrics.

Totally made up statistics.