189
City councillor proposes city-run grocery store to tackle rising food costs
(toronto.citynews.ca)
this post was submitted on 18 Mar 2026
189 points (99.5% liked)
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What makes you think its greed more than something like this:
https://tradingeconomics.com/canada/money-supply-m2
What I think happened is during Covid the BoC bought all the covid debt the federal government issued via QE, ignoring their inflation mandate; then when we had a labor shortage from inflation the Federal government did mass immigration to depress salaries. Usually the labor pressure leads to wage pressure, but we tamped it down by tripling population growth. If you see the phillips curve you can see how labor and inflation are correlated.