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Homelessness Explodes In Canada As Rents, Housing Prices Soar
(www.barrons.com)
What's going on Canada?
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That was just a short-lived aberration due to the conflict in Ukraine, temporary fertilizer supply issues, and a weather event causing large crop loss. The latter two are dealt with and the former isn't the worry we thought it was. Farmers are already well on the other side of high prices, and the rest of the supply chain is quickly catching up.
What is concerning is how the grocers have petitioned the government to implement a price freeze. They claim it is stop prices from going higher, but we all know it is to ensure the prices don't go lower amid that crashing food supply chain.