this post was submitted on 25 Feb 2026
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Canada

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[–] maplesaga@lemmy.world 0 points 1 day ago* (last edited 1 day ago)

Meanwhile our government are still buying half of all mortgage bonds to artificially drop shelter inflation, rewarding asset holders and leaving room for food inflation to continue higher.

I do think most of the monopoly for Loblaws and such is real estate, Canada has far too much urban sprawl and bureaucracy, leading to corporations that can sustain themselves on the back of land rising in value. Meanwhile we did mass immigration to make it worse, and here is the result.