54
ANALYSIS | There's now a Bank of Canada number for carbon tax's impact on inflation. It's small (www.cbc.ca)
submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca
17 comments fedilink hide all child comments

Conservatives argue the Liberal government's climate measure drives up the cost on everything. The inflation-watching head of the central bank offered some perspective on this.

you are viewing a single comment's thread
view the rest of the comments
[-] Nouveau_Burnswick@lemmy.world 14 points 1 year ago

That number: 0.15 percentage points of the inflation increase can be attributed to the carbon tax.

Or 15¢ per $100.

[-] Phil_in_here@lemmy.ca 5 points 1 year ago

'My business is literally ruined.'

Or

'0.15 is 15%, so we need to raise our prices 15% (plus our standard markup (which is a minimum 100% markup)). The Left is ruining the economy for everyday people like you!'

[-] Nouveau_Burnswick@lemmy.world 5 points 1 year ago

No no, it's 0.15%.

[-] Rentlar@lemmy.ca 2 points 1 year ago

Yes, but businesses can say that without the consumer knowing better.

[-] Nouveau_Burnswick@lemmy.world 2 points 1 year ago

They absolutely cannot. Have you seen this somewhere?

[-] Rentlar@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

For the first half of just plain incorrect math, I'll point to the Verizon support call how they can't figure out the difference between dollars and cents...

For the second half I'll point to deranged salesmen like Mike Lindell.

What laws or rules are preventing a businesses from raising prices for any bullshit reason they like?

[-] PipedLinkBot@feddit.rocks 1 points 1 year ago

Here is an alternative Piped link(s): https://piped.video/watch?v=MShv_74FNWU

https://piped.video/watch?v=JAbmm-1BdNI

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source, check me out at GitHub.

[-] Nouveau_Burnswick@lemmy.world 1 points 1 year ago

Laws to prevent price increases? No.

Laws to prevent lies in advertising? Yes.

Unfortunately they're usually smart enough to keep the connection vague.

this post was submitted on 09 Sep 2023
54 points (98.2% liked)

Canada

7206 readers
342 users here now

What's going on Canada?

Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca

founded 3 years ago
MODERATORS
otter@lemmy.ca