The authors rely on an input-output model that assumes static production methods and cost shares. This ignores how businesses might adapt by adopting more efficient technologies or practices in response to carbon pricing.
Ironically, both Tombe & Winter have argued for considering such adaptive behaviours in other work. Why ignore it here?
Oct 29, 2023 • 5 tweets • 2 min read
How many reporters contacted Statistics Canada to inquire about anomalies in the food pricing databases?
Not a single one...
At least 17 products have exhibited two different prices between 2017 and 2022, with 14 of them currently reflecting lower prices ranging from 2% to 25%...
Mar 5, 2023 • 8 tweets • 2 min read
Perspective (follow thread): The average family of four in Canada will likely spend about $1,050 more on food in 2023 for the entire year.
Top Canadian grocers, made $3.4B in net profit last year...
Payments for a $300,000 mortgage (5y variable rate) is now $520 more per month, compared to last year. That's $6,240 a year more, for shelter. More than 5 million Canadians have a mortgage with a variable rate in Canada.
Canadian banks made $50.4B in net profit last year...