Inflation | Page 23 | GTAMotorcycle.com

Inflation

GreyGhost said:
Flying out of pearson in the near future. Value park isnt so value anymore. A decade ago it was $10/day for surface and $12/day for garage. Now it's $23/day for surface and $27/day for garage. I doubt traffic has increased much. Building cost was fixed long ago. All that changed was they realized how much more they could turn the screws.
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There was a news bite I saw yesterday ‘airports raising their fees to make up for lost income during COVID’.

Inflation my ***…it’s all profit driven.
 
FML….16$ for 2 Whipping Cremes….I am so out of touch it’s ridiculous.
 
You ether run a Canadian quota system or you use the American farm subsidy system . Neither addresses the real problems of farming .

I’m hating the massive tariffs on imported cheese 275% . Gimme my real Parmesan , not Parmesan style cheese product .


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crankcall said:
You ether run a Canadian quota system or you use the American farm subsidy system . Neither addresses the real problems of farming .

I’m hating the massive tariffs on imported cheese 275% . Gimme my real Parmesan , not Parmesan style cheese product .


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There is probably a viable middle ground. Use quota but extra gets sold cheap for very specific uses that cant afford the volume they need at full price (shelters, breakfast program at schools, etc.). Actually contribute to society while having a minimal effect on profit instead of focusing on extracting every last cent even if it means dumping food while people are hungry.
 
mimico_polak said:
There was a news bite I saw yesterday ‘airports raising their fees to make up for lost income during COVID’.

Inflation my ***…it’s all profit driven.
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Yup. Keep the shareholders happy.

When they say profits are down, THEY STILL MADE A PROFIT.

The problem is that when the profit trajectory flattens the share price drops. Share holders, used to big dividend cheques, get butt hurt and don't care how the curve gets back up. It can be government intervention, staff cuts, outsourcing, price hikes, MIC or creative accounting.

Problem #2 is that the easy fixes have already been used. The new ones will be less moral and less ethical.
 
Gas pricing gets me every time.
Profit driven? You tell me:
What was the profit for Exxon in 2022?
Full-year 2022 earnings were $15.0 billion compared to a loss of $0.3 billion last year. Identified items reduced earnings by $0.7 billion mainly from additional European taxes on the energy sector and asset impairments. Earnings excluding identified items were $15.7 billion, an increase of $16 billion from last year.
 

despite continued talk of a wage-price spiral, wages have not led the post-COVID bout of inflation. Wage hikes have steadily been below inflation. Latest Canadian jobs figures show wage hikes are declining, currently running at 4.5 per cent, more than a full percentage point below rising prices.
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In economics, the general principle is that sellers want to raise their prices as much as possible to maximize their profits. One of the reasons businesses have trouble doing that in normal, non-inflationary times is that consumers keep an eagle eye on price hikes and shun sellers they think are being greedy. But during periods of high inflation, unjustified individual price hikes are harder to distinguish and therefore retailers are harder to punish.
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It’s always been buy low sell high as most business models . Easy enough .

But let’s look at the grocery group , up on average 11% , when inflation was 7 , unless you are in the ‘regional’ price zone like forest hill or Oakville and you have seen 15-18 % on many items . Everyone has to eat so let’s be a bit more fair here .


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CBC has been lost for a decade . It’s move to go streaming, when it’s original mandate was an OTA signal for all Canadians is just wrong . Another ‘crown corp’ that has figured out how to suck the most out of an opportunity.


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crankcall said:
CBC has been lost for a decade . It’s move to go streaming, when it’s original mandate was an OTA signal for all Canadians is just wrong . Another ‘crown corp’ that has figured out how to suck the most out of an opportunity.


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As a long time CBC radio fan I have to agree. I used to listen to different programs at different times. Always entertaining with the likes of Peter Gzowski and Vicki Gabereau. Now they run the same programming 2-3 times in course of the week. Maybe more. That's only the short while I'm tuned in thru the week.
I for one am not seeing any benifit from this extra cash.
 
Noticed some more price increases at the grocery store this morning. No Frills. Funny thing I was at Walmart the other day and spotted some of the usual stuff I buy and they hadn't increased over there. Might be time to switch things up.
Plus pretty sure No Frills is loblaws, the same people who price fixed bread, no wonder.
 
 
As a long time Superstore customer it's hard getting the wife to switch but last fall I noticed that The blackforest ham that we put in the kids lunches was cheaper at Franz's (local butcher). Allot of other meat was also cheaper at the butchers. We also get significantly better meat now for the same or less. Speaking of quality we're trying to order through RJ's (local Ontario produce shop near the butcher) as the produce at the grocery store has been terrible.

The convenience of getting everything in one place has a value but I hate over-paying and then ending up with rotten fruit.
 
Most smaller butchers and produce guys seem to know they can only boutique things to a point , and then they need to offer a value . It’s often better product at a similar price , and even if it’s a bit more you can not throw out half and that’s a savings


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Inflation makes the rich richer. Record profits posted by these companies gets me a little ******. inflation my azz more like theft
 
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just-me said:

www.seachoice.org

- SeaChoice

www.seachoice.org www.seachoice.org

STORES OWNED BY LOBLAW COMPANIES LTD.​

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We switched from being No Frills loyal (We were once PC Points millionaires lol) to Food Basics.

Better prices, and not Loblaws. We only go to No Frills anymore for a small handful of PC Products we still really enjoy, but that's it.

If you're not happy with the Westons, speak with your wallet.
 
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