We had interactions with the Bank of Canada on how they calculated the 0.15%. They only looked at three components of the CPI, excluding food, so I thought it was a very simplistic calculation. In fact, with their permission, I posted their calculation on X, and I think a lot of people were surprised by the simplicity of the arithmetic used by the Bank of Canada.
Again, that’s why I’m recommending a pause on the carbon tax for the entire food industry, from the farm gate to stores and restaurants. It’s because nobody, including the Bank of Canada, understands how this policy could compromise Canada’s food security over time.