- Those 60+: 89.4% have at least one dose and 19.4% have two
- 18-59: it's 66.6% and 8.3%
- Adults: 73.6% and 11.7%
Note: data comes with a 6-13 day lag; these are my own estimates
In total, Canada is now up to 27.3 million shots given -- which is 90.0% of the total 30.3 million doses available. Over the past 7 days, 2,141,010 doses have been delivered to provinces.
And so far 3.4 million are fully vaccinated with two shots.
Canada's daily pace:
Today's 401,833 shots given compares to an average of 390,774/day over the past week and 369,003/day the week prior.
We can use the latest average daily pace to project where vaccination rates are soon headed.
Based on that average pace, and a model of 1st vs 2nd shots, here's a projection of where we're headed:
- 75% of people with a shot: June 14
- By Canada Day: 80.5% with 1+ doses and 27.5% with 2
- Match current U.S. fully vax rate: July 22
- 75% fully vaccinated: August 13
Dose projections are informative, but effective protection is lower than the share with a shot. One dose is less effective than two, plus effects lag and are uncertain. Roughly, current "coverage" is ~22-47%
Turning to individual provinces, here's total shots given and share of delivered doses used.
- Most shots given: YT at 130 doses per 100 people
- Fewest: PE at 65
- Highest share of delivered doses used: AB with 96%
- Lowest: NU with 65%
A more detailed look at provs/terrs:
- Highest overall: YT at 69% receiving at least one shot
- Most 1st doses only: NL at 59% receiving that shot
- Most Fully Vaccinated: YT at 60%
- Fewest Vaccinated: NU at 45%
How does Canada compare to others? Here's all 37 OECD (i.e., developed) countries:
- Share of pop. w/ at least one dose: Canada ranks 2nd
- Total doses per 100: 7th
- Fully vaccinated: 31st
The above picture hasn't changed much in a while, but it looks like tomorrow Canada will move into 1st in the OECD for the share of its total population with at least one dose.
Canada/US comparison.
Received at least one dose:
- Top Prov: QC, 66.1% of pop
- Top State: VT, 71.7
- Top Terr: YT, 69.2
Fully vaccinated:
- Top Prov: AB, 13.5% of pop
- Top State: VT, 59.5
- Top Terr: YT, 60.5
Going forward, here's a cdn/usa comparison of total doses per 100 people.
- In Canada, this rises by 1.03 per day. The US rises by 0.34 per day.
- Projected out, we match the US in 29 days
- Reaching the current US rate takes 20 days.
Of course, there's lots of countries and many ways to compare. Here's a selection across several metrics/groups of how Canada ranks globally. Pick your preferred measure!
Fin.
Note: all graphs (and more!) are automatically updated and posted online for later review and easy sharing at the following site: trevortombe.github.io/covidgraphs/
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Today's data: inflation rate falls to 2.7% in April. Would have fallen more, but gasoline pushed the rate up. Shelter remains largest contributor, but pace of increase is falling.
The key Bank of Canada core measures of inflation have also remained within the target range -- lower than 2% -- over the past 3 months. This is what the bank is looking forward before lowering rates.
Here are the contributors to the drop. Most items down, but energy prices offset some of that.
This accounts for *changes* in the CPI annual rate of increase. Alternatively, had energy prices remained flat yoy, then CPI growth would have been 2.4% in April.
Today's data: inflation! 🥳 Prices were 2.9%, on average, higher in January than a year earlier. Inflation down from 3.4% in Dec. Biggest contributors to the drop were energy, food, travel. Cell phones offsetting some.
Looking at the headline rate, shelter is larger contributor. Rent accounts for ~0.5 points of the 2.9, mortgage interest costs ~1.0 points.
Important: note the strong decline in the pace of grocery price growth. Now in line with historical norm.
The decline in inflation has also been fairly broad based, with now fewer than half of items seeing a pace of price growth above 3% -- although still a larger share than normal, which is ~0.3-0.4.
This is higher than last month, true, but it doesn't mean the inflation situation is worsening. I noted this yesterday, saying 3.4% was the number to watch.
This is a *very* important point to keep in mind for the next *several* months. Even if things are completely normal month-by-month, the headline rate won't fall much over the next quarter.
As expected, inflation fell in October. A lot. From 3.8% in September to 3.1% in October. And monthly, adjusted for seasonality, prices were lower in October than Sept.
A big part of the reason is from lower gasoline prices. That's anticipated because oil prices were down. There's a tight connection between energy's contribution to CPI and oil prices (obviously). This has been a consistent story over the past two years.
You can see the size of the contribution from energy to the change in inflation since September here 👇 . Basically everything else was a net wash.
Some Alberta Pension Plan proponents are concerned about Albertans paying more in contributions than they receive in benefits. Is this "overcontribution" legitimate? If so, does it imply the CPP is unfair? Would an APP solve it?
Allow me to explain. 🧵🤓 #cdnpoli #ableg #cdnecon
The Government of Alberta regularly cites $60 billion in excess contributions over what has been received in benefits. The report commissioned by the government includes this figure. Red is Alberta. Positive means contributions > benefits. 👇
The data are accurate. You don't even need an actuary. Statistics Canada reports this annually. Total contributions from 1966-2021 amount to approximately $60 billion. Adjusting for inflation provides a clearer perspective.
The GST adds 5% to the cost of purchasing a good or service subject to this tax. Not all items are subject to it, though. I (roughly) estimate that, overall, the GST adds an average of 2.3% for consumer expenditures as a whole. (From here: )www150.statcan.gc.ca/t1/tbl1/en/tv.…
So, eliminating the GST would drop the CPI by 2.3%. Since the latest inflation reading is 3.8%, that would leave us at 1.5% (assuming nothing else changed). And 1.5% is 61% lower than 3.8%.