Alberta
Canada’s food costs expected to increase by $700 per family in 2024: report
From LifeSiteNews
‘When Trudeau’s carbon tax makes it more expensive for farmers to grow food and truckers to deliver food, his carbon tax makes it more expensive for families to buy food’
A new report estimates that food costs for a family of four in Canada will increase by $700 in 2024 amid the ongoing carbon tax and rising inflation.
On November 27, researchers from Dalhousie University, the University of Guelph, the University of Saskatchewan, and the University of British Columbia published Canada’s Food Price Report 2024, which reveals that food prices will only rise in 2024.
“The current rate for food price increases is within the predicted range at 5.9% according to the latest available CPI data,” the report stated. The report further revealed that the increases are expected to be less than in 2023.
According to the research, the total grocery bill for a family of four in 2024 is projected to be $16,297.20, which is a $701.79 increase from last year.
Bakery, meat, and vegetables are expected to see a 5% to 7% increase, while dairy and fruit prices are projected to ride 1-3%. Restaurant and seafood costs are estimated to increase 3-5%.
The report further revealed that, “Canadians are spending less on food this year despite inflation,” instead choosing either to buy less food or to buy poorer quality of food.
“Food retail sales data indicates a decline from a monthly spend of $261.24 per capita in August 2022 to a monthly spend of $252.89 per capita in August 2023, indicating that Canadians are reducing their expenditures on groceries, either by reducing the quantity or quality of food they are buying or by substituting less expensive alternatives,” it continued.
In addition to food prices, the report found that “household expenses like rent and utilities are also increasing year over year.”
“A recent report by TransUnion found that the average Canadian has a credit card bill of $4,000 and a 4.2% increase in household debt compared to last year, all of which are possible contributors to reduced food expenditures for Canadians,” it continued.
Canadian Taxpayer Federation Director Franco Terrazzano told LifeSiteNews, “The carbon tax makes grocery prices more expensive.”
“When Trudeau’s carbon tax makes it more expensive for farmers to grow food and truckers to deliver food, his carbon tax makes it more expensive for families to buy food,” he explained.
“The carbon tax will cost Canadian farmers $1 billion by 2030,” Terrazzano added. “The government could make groceries more affordable for Canadians by scrapping the carbon tax.”
Conservative leader Pierre Poilievre referenced the report, blaming the increased prices on Prime Minister Justin Trudeau’s policies, saying, “EVERYTHING is more expensive after 8 years of Trudeau. He’s not worth the cost.”
EVERYTHING is more expensive after 8 years of Trudeau.
He's not worth the cost. pic.twitter.com/0tCwaRJHwC
— Pierre Poilievre (@PierrePoilievre) December 7, 2023
The report should not come as a surprise to Canadians considering a September report by Statistics Canada revealing that food prices are rising faster than the headline inflation rate – the overall inflation rate in the country – as staple food items are increasing at a rate of 10 to 18 percent year-over-year.
Despite numerous reports indicating Canadians are experiencing financial hardship, the Trudeau government has largely ignored the pleas of those asking for help, while consistently denying their policies have any impact on inflation or the economy more broadly.
Trudeau has continued to refuse to extend the carbon tax exemption to all forms of home heating, instead only giving relief to Liberal voting provinces.
The carbon tax, framed as a way to reduce carbon emissions, has cost Canadians hundreds more annually despite rebates.
The increased costs are only expected to rise, as a recent report revealed that a carbon tax of more than $350 per tonne is needed to reach Trudeau’s net-zero goals by 2050.
Currently, Canadians living in provinces under the federal carbon pricing scheme pay $65 per tonne, but the Trudeau government has a goal of $170 per tonne by 2030.
The Trudeau government’s current environmental goals – which are in lockstep with the United Nations’ “2030 Agenda for Sustainable Development” – include phasing out coal-fired power plants, reducing fertilizer usage, and curbing natural gas use over the coming decades.
The reduction and eventual elimination of so-called “fossil fuels” and a transition to unreliable “green” energy has also been pushed by the World Economic Forum (WEF) – the globalist group behind the socialist “Great Reset” agenda in which Trudeau and some of his cabinet are involved.
However, some western provinces have declared they will not follow the regulations but instead focus on the wellbeing of Canadians.
Both Alberta and Saskatchewan have repeatedly promised to place the interests of their people above the Trudeau government’s “unconstitutional” demands, while consistently reminding the federal government that their infrastructures and economies depend upon oil, gas, and coal.
“We will never allow these regulations to be implemented here, full stop,” Alberta Premier Danielle Smith recently declared. “If they become the law of the land, they would crush Albertans’ finances, and they would also cause dramatic increases in electricity bills for families and businesses across Canada.”
Saskatchewan Premier Scott Moe has likewise promised to fight back against Trudeau’s new regulations, saying recently that “Trudeau’s net-zero electricity regulations are unaffordable, unrealistic and unconstitutional.”
“They will drive electricity rates through the roof and leave Saskatchewan with an unreliable power supply. Our government will not let the federal government do that to the Saskatchewan people,” he charged.
Alberta
Alberta’s licence plate vote is down to four
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It’s time to vote again.
After Albertans had their say in the first round, the eight original licence plate designs are down to the final four. Danielle Smith has been clear that this choice will be up to Albertans.
So now it’s your turn to help pick which designs move to the final round.
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Don’t wait. Cast your vote now and help decide what Alberta’s new licence plate will look like.
– Your United Conservative Team
P.S. Every licence plate on the road is a rolling billboard for Alberta. Your vote helps decide what that billboard looks like. Vote here. |
Alberta
Calgary’s High Property Taxes Run Counter to the ‘Alberta Advantage’
By David Hunt and Jeff Park
Of major cities, none compare to Calgary’s nearly 50 percent property tax burden increase between censuses.
Alberta once again leads the country in taking in more new residents than it loses to other provinces and territories. But if Canadians move to Calgary seeking greater affordability, are they in for a nasty surprise?
In light of declining home values and falling household incomes amidst rising property taxes, Calgary’s overall property tax burden has skyrocketed 47 percent between the last two national censuses, according to a new study by the Aristotle Foundation for Public Policy.
Between 2016 and 2021 (the latest year of available data), Calgary’s property tax burden increased about twice as fast as second-place Saskatoon and three-and-a-half times faster than Vancouver.
The average Calgary homeowner paid $3,496 in property taxes at the last census, compared to $2,736 five years prior (using constant 2020 dollars; i.e., adjusting for inflation). By contrast, the average Edmonton homeowner paid $2,600 in 2021 compared to $2,384 in 2016 (in constant dollars). In other words, Calgary’s annual property tax bill rose three-and-a-half times more than Edmonton’s.
This is because Edmonton’s effective property tax rate remained relatively flat, while Calgary’s rose steeply. The effective rate is property tax as a share of the market value of a home. For Edmontonians, it rose from 0.56 percent to 0.62 percent—after rounding, a steady 0.6 percent across the two most recent censuses. For Calgarians? Falling home prices collided with rising taxes so that property taxes as a share of (market) home value rose from below 0.5 percent to nearly 0.7 percent.
Plug into the equation sliding household incomes, and we see that Calgary’s property tax burden ballooned nearly 50 percent between censuses.
This matters for at least three reasons. First, property tax is an essential source of revenue for municipalities across Canada. City councils set their property tax rate and the payments made by homeowners are the backbone of municipal finances.
Property taxes are also an essential source of revenue for schools. The province has historically required municipalities to directly transfer 33 percent of the total education budget via property taxes, but in the period under consideration that proportion fell (ultimately, to 28 percent).
Second, a home purchase is the largest expense most Canadians will ever make. Local taxes play a major role in how affordable life is from one city to another. When municipalities unexpectedly raise property taxes, it can push homeownership out of reach for many families. Thus, homeoowners (or prospective homeowners) naturally consider property tax rates and other local costs when choosing where to live and what home to buy.
And third, municipalities can fall into a vicious spiral if they’re not careful. When incomes decline and residential property values fall, as Calgary experienced during the period we studied, municipalities must either trim their budgets or increase property taxes. For many governments, it’s easier to raise taxes than cut spending.
But rising property tax burdens could lead to the city becoming a less desirable place to live. This could mean weaker residential property values, weaker population growth, and weaker growth in the number of residential properties. The municipality then again faces the choice of trimming budgets or raising taxes. And on and on it goes.
Cities fall into these downward spirals because they fall victim to a central planner’s bias. While $853 million for a new arena for the Calgary Flames or $11 million for Calgary Economic Development—how City Hall prefers to attract new business to Calgary—invite ribbon-cuttings, it’s the decisions about Calgary’s half a million private dwellings that really drive the city’s finances.
Yet, a virtuous spiral remains in reach. Municipalities tend to see the advantage of “affordable housing” when it’s centrally planned and taxpayer-funded but miss the easiest way to generate more affordable housing: simply charge city residents less—in taxes—for their housing.
When you reduce property taxes, you make housing more affordable to more people and make the city a more desirable place to live. This could mean stronger residential property values, stronger population growth, and stronger growth in the number of residential properties. Then, the municipality again faces a choice of making the city even more attractive by increasing services or further cutting taxes. And on and on it goes.
The economy is not a series of levers in the mayor’s office; it’s all of the million individual decisions that all of us, collectively, make. Calgary city council should reduce property taxes and leave more money for people to make the big decisions in life.
Jeff Park is a visiting fellow with the Aristotle Foundation for Public Policy and father of four who left Calgary for better affordability. David Hunt is the research director at the Calgary-based Aristotle Foundation for Public Policy. They are co-authors of the new study, Taxing our way to unaffordable housing: A brief comparison of municipal property taxes.
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