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 37K GBP, and ours is 72K 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