Rough Math

The Food Professor- The bottom line, the BoC’s calculations on the CTAX only encompass three components of the CPI: heating oil, natural gas, and gasoline. Moreover, it not only excludes other components but also fails to consider the tax’s compounding effect throughout the supply chain.

11 Replies to “Rough Math”

  1. Well duh.
    Bank of Canada will never contradict Dear Leader.
    Current default,if they are government minions..they are lying.
    The Parasitic Overload lies by choice,for it does not enhance ones freeloading success to tell your host the truth..
    Waste and Destruction is their speciality.

    1. Now look at that BoneHead Charlie Angus trying to pass a bill making it illegal to advertise oil products. He need intervention.

  2. Government arithmetic: If we like it, only include immediate costs. If we don’t like it, include every possible cost.

  3. Stats Canada has for years “adjusted” their basket of goods to ensure that inflation is under-reported.

  4. Well the supply chain doesn’t move on natural gas, heating oil or gasoline.

    SO if they ignore diesel, then only a little bit will count.

  5. We know the Bank of Canada isn’t actually this stupid.

    They have chosen to be brazenly dishonest. Yet another institution that needs a housecleaning.

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