Birdwatch Note Rating
2023-07-19 02:58:07 UTC - HELPFUL
Rated by Participant: A2B8C99325F35866649B07BF8E4688FA94ED5A6C608D75E91D199D76C96473EB
Participant Details
Original Note:
The governments calculations of inflation do not take into account the cost of groceries, energy and taxes which makes this a misleading and false claim. This causes more total debt in Canada compared to 🇨🇦 s total GDP. https://www.bankofcanada.ca/2001/01/technical-report-no89/#:~:text=The%20Bank%20of%20Canada%20uses,operational%20guide%20for%20monetary%20policy. https://vancouver.citynews.ca/2023/05/24/canadian-household-debt-economy/#:~:text=CMHC%20Deputy%20Chief%20Economist%20Aled,of%20household%20debt%20in%20Canada.
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