Liberal Minority Government 2025 - ???

[Czech_pivo]

Anecdotally, the pain level seems to have gone down, and the noise level around it certainly has- atleast in my area of rural SW Ontario.

Gas isn't 1.85, mortgage rates have come down, housing prices are dropping as the urban-> rural flow has stalled/reversed.

There are still angry and hurting people, but it seems like a much less universal state- even though there's still a lingering pessimistic feeling.

That 'lingering pessimistic feeling' is a cultural trait of Canadians. Its why we say 'sorry' so much.

 

[Czech_pivo]

It certainly feels like Carney is taking a non-adversarial approach to politics. It's a refreshing move away from what we've seen the last 10 years I think.

Past 20+yrs

 

[Czech_pivo]

I think the atmosphere improved.

$55/kg for steak from the canex hurts my peasent sensibilities.

Here's some background info on CDN beef.

https://www.fcc-fac.ca/en/knowledge/economics/cattle-herd-declines-amidst-strong-prices

 

[Czech_pivo]

I'm sure those in support of Carney and the LPC will tell you things have improved. And I guess just not being his predecessor is an improvement, but I paid 16$ for a chicken shawarma on Saturday night...

Sit down place or take away?

 

[Halifax Tar]

Sit down place or take away?

Saturday night, Halifax, Shawarma... What do you think ? lol

 

[Czech_pivo]

Saturday night, Halifax, Shawarma... What do you think ? lol

Sounds like Uber 'surge' pricing may have been involved.

 

[Halifax Tar]

Sounds like Uber 'surge' pricing may have been involved.

Nope walked in paid for it, walked out.

I do like Uber eats though. Have you tried Instacart ? Fantastic app!

 

[Altair]

Sounds like Uber 'surge' pricing may have been involved.

Even with Uber fees, I'm seeing shawarma for 12 bucks. It's cheaper in restaurant.

Something is going on in Halifax and I don't like it.

 

[Lumber]

Even with Uber fees, I'm seeing shawarma for 12 bucks. It's cheaper in restaurant.

Something is going on in Halifax and I don't like it.

My wife and I watch this YouTube channel where a British guy does food eating challenges (BeardMeatsFood). He mostly does challenges in the UK and the US, but he's done a fair number in Canada and across Europe.

Anyways, whenever he is doing a food challenge in the UK, we are blown away by the food cost. He'll get this massive plate of food and the server will say "It's 25 quid if you don't finish it!". Like, lady, it's $25 for just a nice burger in Canada right now. (by comparison, when he does food challenges in the US or Canada, it's always like $75+ if he doesn't eat it all).

 

[Altair]

My wife and I watch this YouTube channel where a British guy does food eating challenges (BeardMeatsFood). He mostly does challenges in the UK and the US, but he's done a fair number in Canada and across Europe.

Anyways, whenever he is doing a food challenge in the UK, we are blown away by the food cost. He'll get this massive plate of food and the serveer will say "It's 25 quid if you don't finish it!". Like, lady, it's $25 for just a nice burger in Canada right now. (by comparison, when he doesn't food challenges in the US or Canada, it's always like $75+ if he doesn't eat it all).

A reminder that the reason the British conquered half the world was because they wanted access to decent food.

I'll need to check out that channel

 

[Halifax Tar]

My wife and I watch this YouTube channel where a British guy does food eating challenges (BeardMeatsFood). He mostly does challenges in the UK and the US, but he's done a fair number in Canada and across Europe.

Anyways, whenever he is doing a food challenge in the UK, we are blown away by the food cost. He'll get this massive plate of food and the serveer will say "It's 25 quid if you don't finish it!". Like, lady, it's $25 for just a nice burger in Canada right now. (by comparison, when he doesn't food challenges in the US or Canada, it's always like $75+ if he doesn't eat it all).

Last year in Souda Bay I was impressed with price I was paying for the portions I was getting.

 

[PPCLI Guy]

My wife and I watch this YouTube channel where a British guy does food eating challenges (BeardMeatsFood). He mostly does challenges in the UK and the US, but he's done a fair number in Canada and across Europe.

Anyways, whenever he is doing a food challenge in the UK, we are blown away by the food cost. He'll get this massive plate of food and the serveer will say "It's 25 quid if you don't finish it!". Like, lady, it's $25 for just a nice burger in Canada right now. (by comparison, when he doesn't food challenges in the US or Canada, it's always like $75+ if he doesn't eat it all).

I love that guy!

I will offer that the average UK salary is 32K GBP (England is 37K), and ours is 63K CAD....so 25$ is half the relative cost

 

[IKnowNothing]

One can't easily just obtain the current lower mortgage rate unless their renewal is due now, for example.

Technically true in the micro sense- but overly pessimistic in the macro. Variable rates (which caused a disproportionate amount of the hurt) decrease in almost real time. Many institutions have blend and extend offers to lower rates early. Many customers wisely took shorter fixed terms during the spike in the (now realized) hope that rates would fall. The aggregate system bent but didn't break, and subset of the population still dealing with it (the 2022-23 spike) is getting smaller everyday. The last hurdle is the 2021-2022 purchases assuming non-floor rate mortgages- but rates are currently well within their stress tests.

Groceries are still sky high and set to increase. Overall price of commodities hasn't improved, look at the price of vehicles for example. Time will tell.

And yet, demand for meat hasn't abated. New Car sales- up year over year, substantially since 2022.

New motor vehicle sales, monthly

Number of units and total sales of new motor vehicles by fuel type, vehicle type and origin of manufacture, monthly.

www150.statcan.gc.ca

 

[HavokFour]

Even with Uber fees, I'm seeing shawarma for 12 bucks. It's cheaper in restaurant.

Something is going on in Halifax and I don't like it.

Indeed. There are a couple places I know of here in Ottawa with shawarma's so big they can feed a man for 2 days at that price.

 

[MilEME09]

A little bit fo good news for Ontario manufacturing

Canadian auto sector gets some good news as Stellantis begins hiring for third shift at Windsor Assembly Plant - Spencer Fernando

The Canadian auto sector has been hit hard in recent months as the Trump Administration attempts to fulfill its stated goal of moving North American auto

spencerfernando.com

 

[RangerRay]

Indeed. There are a couple places I know of here in Ottawa with shawarma's so big they can feed a man for 2 days at that price.

Shawarma Queen in Brandon makes the biggest shawarmas and donairs I’ve ever seen!

I think the atmosphere improved.

$55/kg for steak from the canex hurts my peasent sensibilities.

High beef prices are the result of drastic herd reductions by producers to staunch the losses from successive drought years out West. Without imports of frozen beef, prices would be even higher.

 

[PPCLI Guy]

Shawarma Queen in Brandon makes the biggest shawarmas and donairs I’ve ever seen!



High beef prices are the result of drastic herd reductions by producers to staunch the losses from successive drought years out West. Without imports of frozen beef, prices would be even higher.

Great clarification.

It turns out that correlation is not necessarily causation.......

Who knew?

 

[Brad Sallows]

Much of the vague relief people are experiencing might just be that the tone of federal politics, and consequently of the state of the country, has changed. We've gone from having three federal party leaders willing to pig-wrestle - and doing so frequently - to only one. None of the underlying real conditions have changed much. We're in an "everyone talking optimistically about big plans" phase which inevitably precedes a "quiet climb-down in the face of political feather-bedding, grassroots activism, and exploding costs" phase.

I wonder if Poilievre ever watches clips of himself speaking and realizes how uninspiring it is for a prospective leader to always be so flat-affect, negative, and ankle-biting. He isn't an aspiring "morning in Canada happy warrior", and it won't be as easy to fix that as it was to lose the eyeglasses.

 

[PrairieFella]

Remember guys, commodity prices are global, there are certainly things governments can do to reign in costs but the lionshare is due to global trends, with a healthy dose of corporate greed and supplier consolidation leading to price increases.

If we want government action on groceries, we need anti-trust action and blow up loblaws, empire, etc.

 

[Brad Sallows]

Who knew?

Past predictions of higher beef prices right now for exactly those (and other) causes were made, but I suspect most people tune out when farmers are interviewed and don't even bother to read the print/online articles.

Another example: predictions that retailers have been trying to hold status quo supply/price together just long enough to get consumers through Christmas have been made, with expectations there will be shake-ups in the new year. These are founded on practical analyses of inventory and what retailers were able to do to front-load as much as they could at mostly pre-tariff-world prices and compensate other ways, all through the past 8 months.

If adverse supply/price shocks do happen, people will still be surprised.