Sunday, March 21, 2010

Live Small and Prosper Pt 3: Things going North ($$$)

I may have missed something, but to my limited knowledge I don’t think anything has gone North ($$$) in Canada since Tuesday, March 9, 2010.

However, I just spotted news about another item that will soon cause monthly expenses for the citizens of Canada to rise, so I need to add it to the bottom of my growing list.

The list so far:

1. Canada’s national debt will pass $620 billion in 2014, according to Canada’s Dept. of Finance. So far, PM Harper and his Conservatives have not lowered our country’s debt by one thin dime, only added to it.

2. Hydro bills will rise once we switch to the new ‘smart meter’ rates, leaving many to wonder, what’s so smart about a smart meter?

3. Oil recently past $82 US per barrel.

4. Canada’s average household debt to income ratio just went from 140 to 145 percent (predicted by experts to be at 160 soon). So, what happened to 150 and 155? I guess our debt is moving so fast we’re skipping certain levels.

5. Experts predict that higher interests are on the way, so mortgages and lines of credit will cost Canadians more. Where’s your wallet?


["Are we sinking the pig?"]

6. The HST (Hiked Sales Tax) will be starting on July 1, 2010 and many shopping purchases and monthly bills will cost Canadians more.

7. Ontario’s provincial debt is approaching $200 billion. Is there a province or territory actually in the black?.

8. A copy of Batman’s debut in a 1939 comic book sold recently for $1.075 million US. So, if you’re into rare comics and other extras in life, start saving up.

9. This just in - Canadians are paying an average of 12 cents a litre more for gasoline at the pumps than a year ago ($1.04 average/litre at present), and they tend to move even higher in the spring, causing many drivers to wonder if they should drive fewer kilometres to save money.

Okay, that’s enough good news for one day.

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Did I miss anything else going North ($$$)

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