Cost of food, housing and gas rising fast: Experts


spaminator
+2
#1
Cost of food, housing and gas rising fast: Experts
Antonella Artuso
Published:
October 12, 2019
Updated:
October 12, 2019 7:12 PM EDT
(Getty Images)
Experts say some of the basics — housing, food, energy — are going up at a rate that threatens to overwhelm household budgets.
FOOD
Sylvain Charlebois, a Dalhousie University professor of Food Distribution and Policy, said a recent Angus Reid Global survey conducted with the university’s Agri-Food Analytics Lab found three out of every five Canadians see food security and affordability as one of the most important issues in this federal election.
“The results point to how much Canadians are under pressure financially,” Charlebois said. “Vegetables are up 18% year to year, overall we’re looking at an increase (in food prices) of over 2.5%, which is actually a little higher than the core inflation rate.”
The costs of buying meals outside the home, common when people work outside the home, are up 4% this year, he said.
“It effects everyone every single day,” Charlebois said. “People are looking at prices way more than ever before.”
“On average, the Canadian household will spend anywhere between 10-15% of its budget on food,” Charlebois said. “Food affordability was barely mentioned during this campaign, so absolutely I do think this is a disappointment.”
(Postmedia Network file photo)
HOUSING
Josh Gordon, Simon Fraser University assistant professor at the School of Public Policy, said the housing market in Toronto, as in Vancouver, has decoupled from the local labour market.
In other words, it’s very difficult to purchase a home on a regular salary.
Foreign investment in real estate is the main driver of this disconnect, as a substantial portion of the money available at any one time to buy a home is coming from non-resident investors, he said.
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Local residents then find themselves competing with professional salaries for the so-called “cheaper” properties, he said.
“There has been a recognition in this campaign about the problems with foreign ownership,” he said. “The Liberal Party has put forward some version of a vacancy tax that applies mainly to non-resident non-Canadians … and the NDP has announced the potential for a foreign-buyer tax that’s applied broadly. But neither proposal addresses the dynamic of decoupling and foreign ownership nearly as effectively and aggressively as they could.”
The Conservative proposals, to review the mortgage stress test and allow 30-year amortization periods, shows no appetite to tackle the issue of foreign ownership, Gordon said.
Gas prices are sky-high thanks in part to the Liberal government’s carbon tax. (Stan Behal/Toronto Sun/Postmedia Network)
ENERGY
Dan McTeague, a petroleum/energy industry analyst, said Liberal government rebates offered in exchange for putting a carbon tax on fuels, like gasoline and natural gas, only cover the added cost if everything remains average — the temperature in winter, the number of kids in a family.
“Thank you for the $300 but if this year I’m using 70 litres a week taking my four kids around, I know full well that most of us are going to wind up with less than we began with and that’s likely to be disruptive and it’s likely to lead to a significant problem with affordability, especially when it comes to home heating,” he said.
People will also likely be expected to cover additional business costs for moving items around like food to grocery stores, he said.
Liberals would keep and increase the price of the carbon tax while offering rebates to offset the costs for the majorities, NDP would continue with the Liberal plan but end their exemptions for large polluters, and the Conservatives would kill the carbon tax.
aartuso@postmedia.com
http://torontosun.com/news/national/...g-fast-experts
 
Most helpful post: The members here have rated this post as best reply.
Mowich
+6
#2  Top Rated Post
This is very worth while reading and all Canadians should contemplate sending this item to our Members of Parliament, Prime Minister and Provincial Premiers!

Randy Pompetti is the author of the following. He lives in Hanna, Alberta.

"My fellow Canadians, you are buying into a lie regarding our energy industry and the global environment. We are a mere 35 million people, just 0.5% of this planet's 7.3 billion population. Our country covers roughly 10 million square kilometres of which probably 90% is realistically uninhabitable (explaining why over 80% of our population live in urban centres within 200 kms of the U.S. border)

We endure temperature extremes ranging from -40C or colder to 35C or warmer. Out of necessity we need to heat our homes for 6+ months of the year. We face major transportation challenges simply because of the geography of our country. Yet, through all this we are responsible for less than 0.5% of the pollution generated globally.

We ARE NOT the problem! If every one of us here in Canada chose to sacrifice ourselves for the betterment of mother earth and self-terminated, the positive effect on the global environment would be.....drum roll please......zero!

The global effect would actually be negative because we are one of the most ethical, environmentally responsible producers of energy in the world! If we were out of the picture the U.S. would be mining our oil sands before our corpses had even started giving off methane gas. They would then proceed to build the biggest pipeline imaginable, from Fort Mac to Texas.

Don't believe me? Let's look at some facts. The U.S. has no problem with pipelines; U.S. pipelines that is. They actually have over 3.2 'million' kilometres of liquid petroleum and natural gas pipelines already. There's also the 1300 kilometre, 122cm (48 inch) line running from Prudhoe Bay to the Valdez Marine Terminal (yes, big bad oil tankers). You are aware, aren't you, of the Trans Alaskan pipeline running directly through the pristine heart of that beautiful state?

As of 2010 16 'BILLION' Barrels of oil had been transported through this U.S. pipeline and terminal. The U.S. also has no problem drilling for oil in the Atlantic ocean, the Pacific ocean, the Arctic ocean or the Gulf of Mexico yet they have the audacity to condemn Canada for mining our oil sands in northern Alberta and Saskatchewan?

The opposition to our Canadian energy development is a well-organized attempt to keep our Canadian oil land locked so that we are forced to sell to the U.S. and to the U.S. only and then at a very discounted price. The U.S. is attempting and succeeding in preventing us from marketing our own natural resources globally to the highest bidder. U.S. foundations (HP, Tides - THE ROCKEFELLERS - et al) are funding the opposition to our oil sands and contrary to popular belief it has absolutely nothing to do with threats to the environment.

If they really were that concerned about our planet why are they not protesting the real polluters, the real threats to our environment?

China, the world's worst polluter (besides having a tragic human rights record)? No protests.

Why isn't David Suzuki over in Beijing chastising Jinping? What about the other major polluters? Russia? The U.S. themselves? India? I can understand a Canadian that is benefiting financially, who is receiving grants to oppose or protest or hamstring our own resource development.

What I can't understand is the rest of my fellow Canadians buying into their bovine excrement.

In the oil sands, our very own Canadian oil sands, we have the 3rd largest proven crude oil reserve in the world, behind only Saudi Arabia and Venezuela - again, both with 'stellar' human and women's rights track records. EVERY person in Canada, and EVERY province and territory in Canada has benefited tremendously, whether directly, indirectly or both from our oil sands development.

Over the next 25 years the oil sands has the potential to generate over $1.5 TRILLION in federal and provincial taxes and royalties. Of course Quebec will need their share - but, oh yeah, they don't want a pipeline either! There is the potential for well over 500,000 direct and indirect jobs.

So here's the deal my fellow Canadians. I fear our Canadian 'goose that lays the golden egg' is suffering the death by a thousand cuts. Alas, it may already be too late. Maybe it's already on life support. If you share the views of the Gore's, the Suzuki's, and the Obama's of the world, that our Canadian energy producers and those that work in this industry are bad and evil and a scourge on the Earth, a blight on Canada's reputation in the global community then fine, stick your fork into the goose as well but please do not whine and complain 10 or 15 years down the road when the wait time for your hip replacement is 3-5 years because our health care system is underfunded and there's a severe shortage of doctors and nurses in the system. Meanwhile, the Suzuki's and their ilk will be flying down to the Mayo clinic in a big bad fossil fuel burning jet for their medical needs.

Don't whine and complain when your grandchild's class has a 50:1 student to teacher ratio because our education system is underfunded and the government coffers are bare. Of course the Suzuki grandchildren will be in private schools so no problem there.

Don't whine and complain when your city's infrastructure is decaying and falling apart and there's no money to repair it. Instead of whining and complaining make sure you look into the mirror and realize you believed a lie that has cost this incredible country and our future generations an amazing opportunity to prosper and succeed globally." Kindly take note that Donald Trump's name is not included herein, but he is not excused!

 
Jinentonix
+3
#3
Gosh, who didn't see that coming? I mean other than every leftist retard in the country.
 
Cannuck
#4
https://canadiancor.com/analysis-big...l-lie-article/
 
Danbones
+3
#5
Quote: Originally Posted by Cannuck View Post

https://canadiancor.com/analysis-big...l-lie-article/

BUllshit.

Only a complete LEFTIST moron would buy that retarded pile of...



Only a really stupid person would equate canada's northern GHG output which is equal to mexico's TROPICAL output...But again, as will all your posts, it just shows how stupid you really are.



Besides the fact that CO2 is NOT even a real a green house gas ( Micheal Mann lost in court to Dr Tim ball PhD. LOL)-You didn't even read that whole artificial yah lazy b*st*d...

LoL, comparing tropical nations to northern ones in the sense you have done there is something only someone who is incapable of knowing anything about the reality of the situation would do.

Canada's forests actually emit more carbon than they absorb — despite what you've heard on Facebook
https://www.cbc.ca/news/canada/calga...urce-1.5011490


China greenhouse gas emissions soar 50% during 2005-2014: government data
https://www.reuters.com/article/us-c...-idUSKCN1UA084

...so how come china is off the hook there, Mr Genocidal Commie?

BTW, if you want less carbon emissions in Canada, just go to where the early record snow storms have shut down the power grid.
Last edited by Danbones; Oct 16th, 2019 at 04:52 AM..
 
Johnnny
#6
The NDP said they want to raise taxes if they were elected.

Nope
 
Walter
#7
As soon a you see the werd experts you know they know dick.
 
MHz
#8
You can tell what the economy will be doing by looking at welfare in it's most basic form as that is tied to the cost of living all across Canada. If the price rises all the money will go for rent/utilities/groceries. With no place to go transportation benefits can be cut-off.
 
MHz
#9
Quote: Originally Posted by Walter View Post

As soon a you see the werd experts you know they know dick.

Dick who? . . . and put in a cap when using a proper name for pete's sake.
 
petros
+5
#10
Inflation has more than doubled over the past year. That is a tax on everything you earned and will earn.
 
Cannuck
#11
https://tradingeconomics.com/canada/inflation-cpi
 
taxslave
+3
#12
The high cost of living is directly related to taxes and government regulations. Inflation is close to double the official number since the spike in gas prices and high housing costs.
 
Danbones
#13
...but you can eat at mcdonald's and get gas for free...

so, as you can see, there is NO inflation.
 
MHz
#14
People on welfare are going to be riding public transportation only soon for a variety of reasons. That should be enough to tell you that the cost of a ride will go up so the businesses and services will get the same money even with fewer vehicles on the road. The good news news, . . . 'beaters' will be a thing of the past.
 
Hoof Hearted
#15
It all went South in the mid-90's with NAFTA...it became a race to the bottom.

I've worked through the whole cycle in my life. Gas, food, housing, electricity, booze, smokes...etc were all affordable in the early part of that decade.

The company I used to work for paid top dollar and we had huge blowout Christmas parties year after year. Then it all stopped. Pleasing the shareholders became the main concern and all of the cutbacks started.

Blame Mulroney and the Cons. They screwed us for generations.
 
Cannuck
#16
That’s what all the Dippers say