this post was submitted on 02 Jul 2024
179 points (98.9% liked)
Canada
7188 readers
342 users here now
What's going on Canada?
Communities
π Meta
πΊοΈ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
ποΈ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
π Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- MontrΓ©al Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown
- Toronto Blue Jays
Basketball
- List of All Teams:
unknown
- Toronto Raptors
Soccer
- List of All Teams:
unknown
- General Community: /c/CanadaSoccer
- Toronto FC
π» Universities
π΅ Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
π£οΈ Politics
- Canada Politics
- General:
- By Province:
π Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What a load of nonsense.
right.. what part?
most of it...
Not sure what to say about this. This is a failure of every level of government, some levels are more willing to try to address part of this while other levels are actively trying to make it worse. To me this statement feels like it comes from someone who is frustrated but hasn't taken the time to understand the problem that they are frustrated with.
Inflation is being dealt with... Things are nearly back to normal levels of inflation. You can't say that it's not being addressed.
This is normal and a good thing? I'm also not sure which taxes you're referring to? Our taxes haven't really changed much recently.
Unless you have meaningful examples there isn't anything I can say here.
Once again I need some sources on this, this sounds like something you heard and are repeating without taking the time to understand what was being talked about and now you're trying to pass it off as fact.
Not sure what you're talking about here. Is this referring to businesses "offshoring" the production of goods? This has been happening for a long time and I hope that we can start bring more manufacturing back "onshore"
Yes poverty is up, but not for the reasons you're suggesting(unless you have some new data I haven't seen). food inflation is going to be the new norm until the world gets the climate crisis under control. Our global agriculture system is not built to handle the rapidly changing climate we've created. droughts, floods and war are likely going to continue to cause price instability.
This is also normal? Many economists believe that economic downswings every 7-15 years is good for an economy because it helps wipe out under preforming businesses. if a company took out 60k in loans, and after 4 years hasn't been able to pay back the 40k they owe (20k was already forgiving), and also can't find a bank to move that loan to, they are likely not running a very good business.
I'm glad that we gave these businesses a lifeline during covid, but at some point they need to prove that they can adapt to the new market conditions. No one forced them to take these loans...
So ya, to me most of this was a mix of unsubstantiated opinion and vague concepts, which I feel is acceptable to call nonsense