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View Full Version : Canada Consumer Prices Fall for the First Time in 15 Years

Canadian
07-17-2009, 02:26 PM
Well we obviously have deflation for now (with the exception of the housing market), for the first time in 15 years:

http://www.bloomberg.com/apps/news?pid=20601082&sid=ae6FODvC1D1U
sunshine
07-18-2009, 01:25 AM
I don't know where they took the impression that the prices are going down. Personally my impression is that the prices of everything go up each month. Apart from the huge sales that are on now (retailers are saying because of the cooler summer all the clothing stores have less than expected sales).
Canadian
07-20-2009, 06:31 PM
I'm not so sure about the deflation thing either. I just received a notification that PC Insurance is increasing my car insurance premium :(
trent
07-22-2009, 06:03 PM
Well we obviously have deflation for now (with the exception of the housing market), for the first time in 15 years:

http://www.bloomberg.com/apps/news?pid=20601082&sid=ae6FODvC1D1U

Yeah, right! Have you seen food prices recently?
Steven
08-06-2009, 05:15 PM
Rents are going up, real estate is going up, food is going up, and gas is going up. Where exactly is the deflation here?
Canadian
08-10-2009, 08:57 PM
Rents are going up, real estate is going up, food is going up, and gas is going up. Where exactly is the deflation here?

I don't see the deflation either. This looks like a huge scam to me!
trent
08-18-2009, 02:37 PM
Taxes are going up as well, with the HST due in Ontario next year.
Canadian
08-19-2009, 02:39 PM
Taxes are going up as well, with the HST due in Ontario next year.

I suspect that the HST is just the beginning, and capital gain and income tax increases will follow.
Canadian
09-11-2009, 01:12 PM
i noticed that Inflation is gone negative for first time in 15 years in Canada.It was the first time that the government used wage and price controls in peacetime.

What wage and price controls are you talking about?