Gus Pump prices and airline tickets help propel Canada’s annual inflation rate to 2.3%

You can read this article in full by clicking the link below:
http://www.canadianbusiness.com/business-news/pump-prices-airline-tickets-help-propel-canadas-annual-inflation-rate-to-2-3/

It’s becoming increasingly clear that the central bank of Canada as well as Canadian politicians are not aware of what’s happening or maybe they don’t care. If the government or the central bank had nothing to do with the economy behaving the way it did, we as Canadians would have nobody to blame except for ourselves, however that’s not the reality as of April 2018, the government and the central bankers don’t seem to care much, what they seem to care about most are their failed policies and maintaining their continuations regardless of the amount of lives they destroy.

This system is rotting at it’s core and it’s only a matter of time before it starts to show on the surface. Maybe I haven’t been alive long enough, but I’ve never see Toronto roads or highways in this bad a shape.
The infrastructure of Toronto is crumbling while entitlements are getting a pay raise. The private sector is failing and being bought up while the government jobs continue to expand. Manufacturing of all kinds in Ontario is dwindling while the government offers it’s people free stuff.

In Ontario there’s a progressive conservative guy named Doug Ford running for office, his late brother Rob Ford former mayor of Toronto was great at not expanding the government and getting the most out of the current employees he did have. Doug Ford from what I’ve heard has no plans to shrink the current government we do have, instead he promises not to grow it more, which basically means that when he gets voted out and he will. If a leftist politician takes over there will still be the opportunity to grow the government in the future.

In regards to Canada’s central bank the game is over, I’m honestly surprised that the Canadian dollar is as high as it is now, because if you were to ask me I’d say .65 cents U.S should buy $1 Canadian dollar. I don’t think Canadians understand how bad things have gotten. Just as an example, most of the condominiums being built aren’t be built by Canadians and a lot of the developers and foreign builders are doing the bare minimum to not only build new houses but to build new buildings as well. What this tells me is that they’re not trying to appeal to upper class market.

This stuff doesn’t show, early on, it’s 10 years down the line when you people start to realise the disaster that’s been created. That’s what I see, I see the potential of hyperinflation while the infrastructure needs a massive correction. All this while government doesn’t shrink and this to me sounds like the potential of depression in Canada. I’ve said this before around 2015 I think it was, I said the Canadian economy is starting to look very weird. It’s also going to take outsiders a fair bit of time to unravel what really happened when the Canadian economy collapse. I believe I’m seeing things clearly but I don’t think Canadians for the most part see things the way I do.

In short the over regulations created in the 1990’s never anticipated interest rates near 0%, this lack of flexibility has sucked the wealth of Canadians and allowed foreign investors the ability to get positive yields, with insurance and government protection. However the government protection is based on the private sector growing, which it can no longer do without larger corporations. As the big companies begin to figure this stuff they’ll probably withdraw their investments and what this means in the real world in Canada is the loan shark you thought would be there when times get hard will not be there anymore, the moment credit market starts to shrink in Canada it’s game over.

I don’t think Canadians get a lot of Canadians business and personal are living beyond their means! With the ability to get credit it’s game over and don’t forget unlike the United States, Canada has raised interest rates meaning there’s no bottom, if the BoC decides to go for negative interest rates it will be dependent on the dwindling private sector to provide a boost to the economy.

Well like I said the government in Canada has been growing while the private sector is shrinking. Switzerland has been getting away with negative interest rates because it’s private sector is booming. How often have you heard about a Swiss housing bubble? How often have you heard of debt levels in Switzerland? It’s not to say this problems don’t exist there but the fundamentals of the Swiss economy are built for flexibility, something the Canadian economy does not have

Interesting times ahead.