this post was submitted on 08 Oct 2023
16 points (90.0% liked)
Personal Finance Canada
1344 readers
1 users here now
Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This sounds like pretty traditional subsidies.
And these same products are not supply managed in other countries? If not, how come? If so, why are Canadian consumers paying a disproportionately high amount for them?
It really sounds like we (Canada) needs to revisit how this is done. Sounds like a terrible system, and consumers are losing big time.
Perhaps stories like this one will change people's minds.
Cost of living is a lot worse now than it was 50 years ago. The internet also reveals how broken things are, much faster than news on cable TV in the 70s and 80s.
Not that I think anything will change, but it seems clear that something needs to.
Not even close, from what I can tell. Annual inflation alone went up 9x more in 2022 than it did in 2020, and around 3x higher than any other year since at least 1990.
Groceries, housing, and gas are also significantly higher now than they were in 2019. And 2023 inflation rates appear to be 2-5x more as rates continue to be soul-crushingly high.
I think the majority of Canadians either don't believe they have the power to force the government to change, or don't know they can. Our voter turnout rates should give you an idea why change hasn't happened.
Personally, if I lived closer to the border, I'd probably be grocery shopping stateside, too.