Canada’s inflation rate rises to new 30-year high of 4.8%

The Consumer Price Index increased at an annual pace of 4.8 per cent in December, as food and energy led to the cost of living going up at its fastest rate since 1991.

Statistics Canada reported Wednesday that grocery prices increased by 5.7 per cent, the biggest annual gain since 2011.

The increase in the inflation rate was in line with expectations. For comparison purposes, the United States currently has an inflation rate of seven per cent, its highest since 1982.

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Liberals move to have tax payers fully fund propaganda organ

Liberals move to ‘modernize’ CBC, making public broadcaster less reliant on advertising

A year after CBC president Catherine Tait defended the public broadcaster’s foray into sponsored content in front of the country’s broadcast regulator, the Liberal government has set its sights on moving the CBC away from the advertising business.

The Liberals have promised $400 million over four years to make the CBC less reliant on advertising, and are aiming to ensure the public broadcaster’s programming is more distinct from its private sector competition.

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Documents give glimpse of Finance Department’s grim outlook, warnings on inflation

OTTAWA — Newly released documents show the Finance Department last year warned that the pace of price increases could gain speed, even as the Liberal government and central bank maintained that inflationary pressures were temporary.

In a briefing note to Finance Minister Chrystia Freeland from the spring, officials outlined “the case for runaway inflation” as part of a larger review of consumer prices.

 

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Canada’s shift to net-zero emissions likely to drive higher inflation

Solar-powered homes, electric tractors and hydrogen-cell trucking fleets: Canada has big net-zero ambitions, but getting there will require trillions of dollars in investment and will likely fuel hotter inflation for years to come, economists said.

One way or another, he’s going to wreck the economy.

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Trudeau plays dangerous game demanding U.S. truckers have shots

Canada plans to start turning away unvaccinated U.S. truckers at the border this weekend, a move that threatens to upend the flow of everything from food to auto parts to building supplies between two of the world’s largest trading partners.

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Rex Murphy: Trudeau Liberals no longer care about Canada’s Charter of Rights and Freedoms

B.C., or Before COVID, if you were searching for pure rhapsody in political circles, then you had little to explore. Head to any high-toned Liberal gathering, one of their festal summits where the glories and landmarks of Liberal tenure were, almost liturgically, being celebrated, and inevitably some chosen hero of the Liberal moment would expatiate on the monumental achievements of 1982.

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Diane Francis: Canada’s immigration policy needs to focus on what’s best for the economy

The South China Morning Post published a disturbing story recently about an immigration to Canada scheme involving bogus credentials.

“Hongkongers keen to move to Canada offered MBAs for cash, without classes or homework,” read the headline to a January 8 story. “For the tidy sum of up to HK$250,000 (US$32,000) emigration firms offer no-show degrees and experts to write dissertations for ‘postgraduate students’,” it said.

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Trudeau’s China Suck Up: Dominic Barton’s job appointment to be probed and quickly swept under rug by Watchdog

Watchdog asked to probe former China envoy Dominic Barton’s job appointment

The federal Ethics Commissioner has been formally asked to investigate whether Canada’s former ambassador to Beijing, Dominic Barton, violated ethics rules when he accepted an offer to become chair of Rio Tinto, a global mining company that does much of its business in China.

Two New Democratic MPs wrote to the commissioner, Mario Dion, on Friday. Their letter says they believe Mr. Barton is in breach of the Conflict of Interest Act because he met with executives of Rio Tinto shortly before the end of his time as a diplomat.

This is your Quisling China Class at work folks.

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