With the current prices of groceries and everything else, what has led us to this point? more in correlation to why the cost of living feels for myself anyways like it has gotten worse.
In: Economics
Canadian inflation is quite moderate compared to historical domestic and global rates. Canadian wage growth has been extremely low because the economy is still largely resource extraction/export oriented and wages are easy to suppress by importing labour force; it doesn’t help that the economy is dependent on food imports (what you feel first in day to day spending), and fast moving consumer goods manufactured in the U.S./abroad.
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