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Sunday, November 17, 2024
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Inflation races higher in Canada — another new emergent threat to any economic recovery

Globe and Mail — They’re reporting that Canada’s inflation rate jumps to 4.1%, fastest pace since 2003, sending shockwaves to almost nobody in the news media ahead of the stupid election. For example, the state-owned CBC “news media” division of the Trudeau Liberals reports it as their news item number seven or eight from the top. The G&M, as if explaining it to the CBC, wrote:

“The Statscan report arrives just five days before a federal election that’s seen affordability emerge as a key theme on the campaign trail, with all major parties pitching ideas to rein in a variety of costs, including for housing, child care and wireless plans…”
The cost of “wireless plans” is something like priority number 18,539 for me and 99% of the country, but Jagmeet Singh and the NDP — and therefore their loyal media at every opportunity — make out like it’s more important than… I don’t know…. inflation at 4% and Canada falling out of the economic freedom top ten… to say nothing of trillion-dollar debts and out-of-control budgets, and that thing about the end of our freedom of speech ‘n junk like that. But ma wireless plan!!%#
Joel Johannesen
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