Canada has a food affordability problem

It is time for tax reductions to help consumers weather food inflation

Canada has a food affordability problemDid you know that there is a global food security index? The well-known magazine The Economist has just published its 11th edition. The Global Food Security Index comprises a set of indices from more than 120 different countries. Since 2012, the index has been based on four main pillars: food access, safety, sustainable development, and…

Canadians getting desperate about higher food prices

Almost 24 per cent now cutting back on food purchases, almost 70 per cent of whom are women

Canadians getting desperate about higher food pricesWhile inflation is showing signs of dissipating, food inflation appears to be on a totally different path. Food inflation has outpaced our general inflation rate for over 12 months now. Statistics Canada just announced that the food inflation rate for retail was 10.8 per cent and 7.4 per cent in food service. Canada ranks third…

How to deal with the high cost of housing and energy

Both sectors face inflationary pressures but are being dealt with very differently

How to deal with the high cost of housing and energyAs anyone who has ever spent time in the kitchen knows, when a pot is boiling over, you do not put a lid on it. You lower the heat. Adding a cover does nothing to reduce the cause of all the excess bubbles and steam. In fact, increasing the pressure within the vessel generates an…

Putin’s War is the root cause of the cost of living crisis

The West won’t dig itself out of the crisis unless it decisively responds to Putin’s strategic aim

Putin’s War is the root cause of the cost of living crisisThe cost of living crisis is being misrepresented and mishandled by the political class. Misrepresented because only occasionally do politicians link the crisis to the Russia-Ukraine War and Putin’s use of hybrid warfare to destabilize the West; mishandled because, fundamentally, the solution lies not in economic measures but in ensuring first that Russia is defeated…

To fight inflation, we have to measure it better

The method StatsCan uses to measure inflation bears no relationship to the reality Canadians face

To fight inflation, we have to measure it betterBy Nathalie Elgrably-Lévy and Valentin Petkantchin For several months now, rising prices have dominated public consciousness and raised anxiety in most households. Not for decades has Statistics Canada’s monthly inflation rate indicator been awaited with such rapt attention. This indicator is much like a thermometer monitoring a patient’s fever while under observation. Related Stories Food…

Food inflation eases but some prices keep surging

Some trouble spots include dairy and bakery goods

Food inflation eases but some prices keep surgingStatistics Canada is reminding Canadians every month this year how painful their trips to the grocery store are. The retail inflation rate is at an astonishing 9.9 per cent, its highest point since 1981. And food inflation has exceeded the general rate since last December, which is why food prices are on everyone’s mind. Allegations…

Canada’s peak government is leading to reckless spending

Canadians must rediscover the need to link government spending with revenues

Canada’s peak government is leading to reckless spendingThe rapid expansion of government in Canada over the past decade produced an unintended experiment in the role of the state in our lives. The pandemic in particular liberated governments to expand programs, spending and interventions in a manner unprecedented outside of wartime. As Canadians get a front-row look at life in a society defined…

Expensive housing here to stay unless governments change policies

Governments must begin to address their own roles in keeping housing prices high

Expensive housing here to stay unless governments change policiesThe recent rise in interest rates has dampened demand for home sales in Canada. The hike, inevitable given how historically low rates have been, has taken some of the froth off housing prices. However, given how high home prices still are in Canada, a useful question to ask is what governments can do to reverse…

What’s really behind higher milk prices

The Canadian Dairy Commission is morally and ethically compromised. It needs to distance itself from the dairy sector immediately

What’s really behind higher milk pricesEvery year, the Canadian Dairy Commission (CDC), a branch of the federal government, hires external consultants to assess the cost of producing milk on the farm. The CDC has never released any data about costing and has recommended farm milk price increases most years, eventually impacting retail prices and Canadian families. Since February, dairy product…

Saudis turn their backs on Biden’s request for more oil

The prospects of a global economic slowdown are beginning to hit oil demand

Saudis turn their backs on Biden’s request for more oilThe much-awaited ministerial meeting of the Organization of Petroleum Exporting Countries and its allies, including Russia, in the expanded OPEC+, opted to increase its September output by just 100,000 barrels per day (bpd). Despite the urgings of U.S. President Joe Biden to open Saudi Arabia’s crude oil taps during his visit there, the announced output…
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