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Housing Crisis, Packed Hospitals and Drug Overdoses: What Happened to Canada?
(www.bloomberg.com)
What's going on Canada?
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Lets break this down for you. Take beer. a bar doesn't pay gst, pst or lct when it buys it, only when it sells it, but there's already an excise and other taxes on it long before it reaches point of final sale. so say 45-55 dollars price a 24 case for the liquor store or bar if in a province with a form of LCB monopoly yet. the bar can't sell it for less than 70 bucks or it's paying you to leave with it. 75 now as of the federal increase depending on province, just to not lose money selling beer to leave the premises, and you don't want to increase it to a point you make money off that, because it's at least getting people in the door because you're price matching the liquor store, Then the carbon tax. the bills. the taxes on those, the tax tax tax on tax. if you do manage to make any money after all that, they tax that too. Small business books look like the shit people used try kill the sheriff of Nottingham and prince john for.
That's a long winded explanation for saying taxes are one part of COGS. Do taxes impact COGS? Absolutely. But so do other regulations, market pressureus, trade deals, weather, road repairs, train breakdowns, flu season intensity, water table levels, how much commission the sales guy gets, etc, etc, etc.
Awww. suddenly all the oh so serious and real arguments, totally not bullshit theories, go away when actual numbers appear.
I hope you get to live in the Canada you want. We're almost there anyways. Look around, how on earth does any of this make you feel like it's worthwhile?
This was an absolutely wondrous morning read, thank you!
You people amaze me. Do you really want to live in the Canada that's coming based on the trends of today? c-63 is coming, this entire conversation would be criminal under it.