For many Torontonians, the weekly grocery run has become stressful. From produce to pantry staples, the cost of food continues to climb, pushing more people toward food banks and leaving some neighbourhoods with limited options for affordable groceries. At least one Toronto councillor says the city should try something bold, and he’s proposing opening city-run […]
What makes you think its greed more than something like this:
https://tradingeconomics.com/canada/money-supply-m2
What I think happened is during Covid the BoC bought all the covid debt the federal government issued via QE, ignoring their inflation mandate; then when we had a labor shortage from inflation the Federal government did mass immigration to depress salaries. Usually the labor pressure leads to wage pressure, but we tamped it down by tripling population growth. If you see the phillips curve you can see how labor and inflation are correlated.