this post was submitted on 21 Nov 2023
71 points (98.6% liked)

Canada

7077 readers
1259 users here now

What's going on Canada?

Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Regions

🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social & Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca

founded 3 years ago
MODERATORS
otter@lemmy.ca
71
Canada's inflation rate slows to 3.1% (www.cbc.ca)
submitted 9 months ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca
37 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] sbv@sh.itjust.works 12 points 9 months ago (4 children)

"Slower growth in prices may be imperceptible to consumers who are still paying more than 20 per cent more for a basket of groceries relative to three years ago — the biggest such increase in 40 years," [said a TD economist]...

While the pain at the cash register for staples like food and gasoline is getting comparatively better,

I always get a kick out of these pieces. The expert says we're "still paying more". Then the writer says "the pain ... is getting comparatively better."

If that 20% is a noticeable part of your budget, it isn't getting better.

[–] Grimpen@lemmy.ca 7 points 9 months ago (3 children)

It will when you get a 20% pay raise… any day now, right?

[–] KrummsHairyBalls@lemmy.ca 2 points 9 months ago (2 children)

20% pay raise isn't enough, though. My grocery bill is OVER 2x the money for the same items. That means we need an over 100% pay raise.

[–] dzaffaires@sh.itjust.works 2 points 9 months ago (1 children)

But you're not using yourself whole salary on groceries, though.

[–] KrummsHairyBalls@lemmy.ca 3 points 9 months ago

Rent went from $900 to $1600. Gas went from $1 to $2.20.

So ya. Everything has doubled or more.