It’s not great.

The median mortgage payment is over 50% of the median income, which historically should be 30%. Houses are over 60%. But the numbers are getting better than their 2023 records highs.

Our biggest grocers were fixing bread prices for over a decade and were only given a slap in the wrist. People can ask for a $20 rebate.

Almost all of our grocery stores are owned by 3 companies (Loblaws, Metro, and Sobeys (made up of former Loblaws employees)). 3 companies own almost all our phone providers, so they gouge prices too.

You can really see a trend — we seem to concentrate all our industries into 3 or so companies and the competition bureau thinks that’s fine. Historically I think that’s because we were a colony and got too used to being exploited and having our wealth shipped off.