DEFLATION: Comin-in strong

[Sodbuster]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

[biglentil]

Deflation would mean the middle class would be better off as their dollars go further. Sorry Errol thats not the Marxists' plans for us. Remember years ago I said price inflation would remain persistent even in the face of higher rates and a stagnant economy. Stagflation is here, ignore the daily volatility and look at the big picture.

[errolanderson]

U.S. Treasury Bond crash (in-progress) now reported as one of the worst meltdowns in history. Compares to dot.com and 2008 financial crisis.

[jazz]

I appreciate your concern forage.

By the way, how much more equalization will MB need now that Wab is Premier.

[Guest]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

And not one of these spineless MSM chickenshits will dare even mention it
Blame everything else instead

[rumrocks]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

I would like to see a nation wide on stage debate with Justin and Steven Guilbeault discussing the facts with Patrick Moore and Jordan Peterson on the Carbon Tax, then finish up with climate change and its relationship to C02 levels. It would be entertaining.
It would take the liberal polling numbers down into the teens once Toronto and Montreal were exposed to reality.

[errolanderson]

Great news . . . diesel prices dropping. Diesel futures off 15% from highs seen just last week. Gasoline down about 14%. Fallout in crude oil plus swelling U.S. gasoline stocks contributing to fuel price pressure. WTI oil appears to have major line in-the-sand support nearing $73 per barrel. This may take days or weeks to test, but it’s likely to be tested at some point. Errol’s Commodity Wire, Calgary

[Taiga]

You are right Edmonton diesel rack dropped 12 cents from yesterday

[errolanderson]

You are right Edmonton diesel rack dropped 12 cents from yesterday

Selloff in diesel just beginning (IMO).

[westernvicki]

I don't think this will be as simple as saying all asset classes are facing deflation.

There will be a huge discrepancy between needs and wants going forward.

Alberta 5.

I agree.

However with Canadas debt and need to borrow to cover operating costs, some projections of interest rate up to 15%.

Based on someone who survived 22% interest rate of PET et all, survival with assets is winning.

[foragefarmer]

I appreciate your concern forage.

By the way, how much more equalization will MB need now that Wab is Premier.

You've always been concerning Jazz.

As for Wab not my choice, but the majority rules. The Manitoba PC's ran a disastrous campaign.

No stolen election here in Manitoba as yourself and Sumdum yap about to each other.

Just wondering are there any pump jacks or potash mines in your R.M. Jazz?

[biglentil]

Selloff in diesel just beginning (IMO).

That is great news! Bring on the deflation.