So you admit that you whine about this issue but know the conservatives will not do any better.
Carney platform promises $130B in new spending, deficits until 2029 :Heart Attack:
- Thread starter DesRicardo
- Start date
his masters @ the WEF / Gerald butts/ Katie Telford informed him he was going to lose the election , so he needed to be replaced
Sylvain Charlebois covers this in a report on Carbon Taxing Policies in Canada. While unable to give an exact percentage, as the metrics are many and varied, as the impact goes well beyond the nickel more that you see as an increase in the cost of items at the grocery store, the report states that it is undeniable that there is an impact. The tax goes further in how it impacts the competitiveness of Canada's agri-foods.
In the midst of polarized debates about the carbon tax and its impact on Canadians, one truth often gets buried: this is not just a conversation about food prices. The real issue lies in the competitiveness of Canada’s agri-food sector and the broader economic dynamics shaped by carbon pricing policies.
Our latest peer-reviewed paper, “Implications of Carbon Pricing on Food Affordability and the Agri-Food Sector in Canada: A Scoping Review,” co-authored by 11 scholars, offers a comprehensive dive into this topic. Complementing this is an upcoming special issue of Trends in Food Science and Technology, set to be released in early 2025, for which I served as guest editor. This issue features 11 new peer-reviewed studies exploring the relationship between carbon taxes, food supply chains, and food affordability. These works highlight insights that demand attention:
1. Carbon Taxes Impact Economic Dynamics, Not Just Retail Prices
Retail food prices fluctuate daily due to promotions, consumer behaviour, loss-leading strategies, and other market forces. It’s misleading to attribute retail price changes solely to the carbon tax.
Instead, the tax exerts its influence upstream in the supply chain. By increasing production and transportation costs, carbon pricing pressures domestic producers, making their goods less competitive. To maintain affordability, grocers often resort to importing cheaper food, masking the real impact of carbon pricing on the Canadian agri-food sector. Over time, this erodes the resilience and competitiveness of our domestic food system.
2. The Hidden Cost of Competitiveness
Our studies show that carbon pricing indirectly undermines Canada’s agri-food competitiveness. Increased production costs force producers to cut margins or pass costs onto the supply chain. Grocers, facing consumer resistance to higher retail prices, often absorb these costs by importing more affordable alternatives. While this may keep grocery prices relatively stable in the short term, it creates a long-term structural problem: domestic food producers struggle to compete, weakening Canada’s food sovereignty and security.
3. The Bigger Picture: Food Security and Equity
The burden of carbon pricing doesn’t fall evenly. Low-income households spend a larger portion of their income on essentials, including food. Carbon taxes, by reducing disposable income and increasing indirect costs, exacerbate existing inequalities. This is especially troubling in a country like Canada, where food insecurity has risen sharply in recent years.
While proponents of the carbon tax argue that rebates offset increased costs, our findings challenge this assumption. Rebates might cushion households temporarily, but they do little to address the underlying issue of rising production and transport costs in the food sector.
When scholars argue the carbon tax has minimal effects on retail food prices, they fail to acknowledge that retail prices are an unreliable metric for assessing policy impacts, given the myriad factors influencing them. Instead, our work highlights wholesale price analysis as a more accurate lens for understanding the carbon tax’s real effects.
Grocers must recognize that while carbon pricing may not directly affect retail food prices, it significantly impacts supply chain costs and the competitiveness of domestic producers. To sustain long-term resilience, they should prioritize partnerships with Canadian suppliers, invest in sustainable practices, and advocate for policies that balance environmental goals with food affordability.
Sylvain Charlebois
I agree with you wholeheartedly about Galen Weston.
I maintain that you have your head in the sand, when it comes to fuel costs and how they play a role in the rise in grocery costs and it's not just me saying it, the Bank of Canada uses this as a metric, when it speaks about inflation; https://www.bankofcanada.ca/2024/07/what-drives-up-the-price-of-groceries/
" So, when energy prices go up, so too can food prices. Farmers, fertilizer producers and transportation companies all have to pay more for fuel. That makes it more expensive to take food from the fields and get it to grocery store shelves. These costs may be passed on to consumers and can contribute to price increases."
Also, Dalhousie University backs this further; https://cdn.dal.ca/content/dam/dalh...d/Canada's Food Price Report 2023_Digital.pdf
Without regurgitating the whole report, it states that high fuel costs impact the cost of food, right down to the end and its transportation to the consumer. Just for clarification purposes, Carbon Taxing is part of the rise in fuel costs, not just the market price for oil.
Answer the question...stop deflecting...why did Trudeau quit? He should be prancing his way to another term
Oh, this is pretty bad. But I’m not very worried because our interest rate is not high like the Americans. Debt isn’t so bad when the interest rate is low. That said, this, spending beyond our means is still a bad habit to get into. We must not make the mistake of the Americans of creating a budget deficit that they cannot recover from, too afraid to fire everyone they need to fire or issue pay decreases or tax increases to save the budget and their future.
Last edited:
Well we know that it impacts the cost of doing business in general.
But the question was how much is that impact and how significant is it?
What is the impact of it downstream at the consumer level when those costs are passed down?
As your article suggests it is misleading to attribute grocery price increases or inflation in general solely to the carbon tax.
Which was my point because people were talking about the carbon tax as if it was the death of Canada.
While it may even be ineffective, it is rather a weak reason to vote conservative.
The carbon tax added less than 1% to food costs. Pee Pee lied.
You are proof that the Liberal propaganda machine works well in fooling people.
"Fooling people" lol.
Says someone who engages in Olympic level mental gymnastics to defend Trump.
based on your usual echoing of Liberal talking points, my comment was not trying to troll you...it was confirming how easily you buy the Liberal propaganda.
You keep proving it.
H
Hardcockbruv
Why are you harping on this when the party you love has does even worse historically?
H
Hardcockbruv
The same can be said about you though? You've fallen for Republican lies hook line and sinker bruv
Did we post PP's plan?
He's promising to NEVER balance the budget.
And, in exactly what Trudeau got skewered for, he's promising to grow the economy, so that the budget will balance itself.
Deeply unserious man. Do not let run country.
He's promising to NEVER balance the budget.
And, in exactly what Trudeau got skewered for, he's promising to grow the economy, so that the budget will balance itself.
The man's been calling for an election for 2 years, and shows up LAST with a platform, and fails to account for our current economic realities!
Deeply unserious man. Do not let run country.
$75 billion in tax cuts but he has no idea how he'll pay for them.
This is desperation times for the righties like you. We know that Trudeau would have been annihilated at the polls if he stayed on. But now that Carney has taken over at the helm, your idol called Pee Pee's fake rants with no actual substance has turned the tide quite remarkably. At most Pee Pee could win just a minority Government. Pee Pee is the actual one who promised huge tax breaks to the elitists and corporations while issuing crumbs to the middle and lower income earners. The sensible Canadians are fully aware of it!!
I guess you didn't see the new tax platform for seniors. As I'm heading into that category in a few years it bought my vote.
So much better than anything Mr Private Equity has to say.
