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Re: Sketti is Simmering on the Stove 4/23/2026

Cross-posted to 5 groups.

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On Fri, 8 May 2026 20:58:33 -0400
Dave Smith <adavid.smith@sympatico.ca> wrote:

> On 2026-05-08 8:52 p.m., Graham wrote:
> > On 2026-05-08 4:11 p.m., Dave Smith wrote:  
> >> On 2026-05-08 5:44 p.m., Cindy Hamilton wrote:  
> >>> On 2026-05-08, dsi1 <user4746@newsgrouper.org.invalid> wrote:
> >>>
> >>> Except we own all the wealth.  They whinge about that constantly.
> >>>  
> >>
> >> Of course we do. We worked all our lives. We paid for our homes.
> >> We saved money.  Now we are living off our investments.  
> 
> > and tax-supported, government pensions!  
> 
> Yes, and we paid those taxes that supported those taxes.
> 
> 
And by golly you got something nice in return didn't you ---
INFLATION!


AI Overview               

Canada is experiencing a severe
cost-of-living crisis driven by high housing costs, food inflation, and
population growth outpacing infrastructure, with inflation peaking at
8.1% in 2022 and settling around 2.9% by early 2024. Critics link
rising costs to government spending.

Cost of Living & Inflation Drivers (2025-2026)Inflation Impact: While
headlines show average incomes rising, median wage growth has trailed
behind, with the gap between high- and low-income households hitting a
record high in 2025.Food and Housing: Grocery prices are expected to
rise another 4%–6% in 2026, on top of a 27% increase over the past five
years. Shelter costs are still rising significantly above the general
inflation rate."Socialist" Policies Criticism: Critics often attribute
rising costs to a combination of high taxes (carbon tax, fuel taxes),
increased government spending, and strong union influence.Population
Growth: Rapid population growth, particularly through non-permanent
residents, has put massive pressure on housing and services, leading to
calls for policy changes.Key ConcernsHousing: Unaffordability remains
critical, especially in Vancouver and Toronto.Social Services: Quality
of public services, particularly healthcare, has declined.Food
Security: One in five Canadians is reportedly eating less to make ends
meet.The Bank of Canada raised interest rates to combat inflation,
which helped cool the economy, but the, often called, "inflation tax"
and other policies continue to spark debate on the impact of government
economic management.

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Re: Sketti is Simmering on the Stove 4/23/2026 Eldon Chance <nospam@in.valid> - 2026-05-09 11:26 -0600

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