RE:RE:RE:Core Retail Sales/Cpi TheCount11, I'm amused by the argument Christia Freeland made about cancelling her Disney subscription to combat higher prices. Yes, I'm sure that's going to solve the problem Canada is dealing with. Why don't they address the affordability issue with over 1 million foreigners expected to land in Canada this year. This means home prices and rent prices move higher. Not to mention that running a fiscal deficit is highly inflationary and with the Canadian dollar weakening, import prices are going higher. That's not a great situation to be in.
It's so obvious to me that Canada is *ucked at the moment. Tiff Macklem is scared of his own shadow. At least Jerome Powell has the balls to tighten the Fed funds rate to
5 - 5.25%