Canadian money Inflation hits 2% in April 2014 – The Two MAJOR reasons why
Real estate and energy prices are driving the prices up for EVERYTHING in Canada. As many of you know the Dirty Oil Sands are giving Canadians a lot of high paying jobs. However these jobs are not only costing Canadians higher prices but it’s also helping to push higher real estate prices and higher energy prices as job numbers remain steady which gives the illusion that Canadians are doing just fine and can afford to purchase a home for a lot more money.
Real estate prices are still climbing? Imagine that and housing prices are climbing while the Canadian dollar is rising? How does that happen? The dollar was on par with the United States dollar and prices for homes were rising then? The Canadian dollar dipped in 2014 and prices for homes in Canada are still rising? The prices for gas were rising when the dollar was on par with the United States? The prices for food were rising when the Canadian dollar was at parity with USD? and now with a lower Canadian dollar are the same things are still occurring.
Canadians are being squeezed for every last cent and I’m warning anyone reading this be wary of the debt you have. I feel like all this debt is dumbing people down. Clearly something is wrong in Canada personally in my opinion all a person has to do is look at Canada’s artificial real estate market to see that something is wrong and if you think the Canadian real estate market is fine take a look at Canada’s energy market. Canada doesn’t refine oil Canada’s dirty oil sands does the dirty work which Albertans will start to feel very soon and then that dirty oil is shipped out of the country and then resold as finished product right back to the Canadians that are destroying Alberta just to dig it up! THAT’S THE CANADIAN ENERGY POLICY IN A NUTSHELL! and that’s why prices for things in Canada continue to rise. Canadians have been SOLD OUT by their governments.
As much as some Canadians like to pride themselves and being better than those Americans the truth is Canada going forward is going to run into a host of problems if they don’t start to tackle these problems. HYPER INFLATION could be coming to Canada and I’ll say this again Canada can’t print it’s way out the way the United States did and the world would love to be able to buy out Canada for cheap. Canadians have been sold out by their governments 2% inflation to me is a misleading number because the Canadian dollar has been decreasing and Canadians never enjoyed any benefits when their dollar was at parity with the United States.
When the price of houses increase it also means rental prices will increase be warned Canadians hyperinflation in my opinion is already happening and will continue to happen SILENTLY in Canada. all you have to do is watch the prices for things. That’s my recommendation to people reading this just watch prices watch rental prices, watch food prices and especially watch energy prices because higher energy prices affect the price of EVERYTHING! If Alberta is going to to continue to destroy fresh drinking water for dirty Oil sands at the very least Canada should have lower energy prices right??? Or maybe I’m just going crazy
I don’t know about the rest of Canada but if we’re going to give away or water to Oil companies at the very least prices for energy should come down for this great sacrifice? Then again maybe all the dirty oil water I’ve been drinking has got me going crazy?