The point is that my Dad isn’t the man he once was in the physicality department yet regardless of his age, his mind is sharp and he is very creative. He still acts like the Foreman on the construction site, making his drawings and then directing his men to complete the task.  In my case, there are many tasks that become overwhelming because more often than not I am the only man. I recently had to tell him, Dad I am a man, not a machine! Unfortunately, it went into one ear and out the other as he told me to leave and never come back. Yet, before You leave can you do me one more favour?

I know he is trying to teach me as many lessons as he can. Making a grid to plant the beans, putting a fountain bowl back together when others would simply trash it, fixing a broken $4 shovel which would have been garbage bound if it wasn’t for his ingenuity. I am still a boy in his mind living in a Man’s world. Patience and understanding are all I can offer by learning the lessons for as long as they are being provided.

Speaking of lessons, they will be getting more difficult for those that have mismanaged their finances. The Bank of Canada just announced interest rates will increase another 0.50% today. This brings the Bank-rate to 1.50%,  despite Canadian  GDP (Gross Domestic Product)  not meeting the BOC’s expectation of (6%). 

To reiterate, the aim of the Central Bank is to curb the out-of-control inflation that they themselves created. Accomplished by printing money to fund enormous spending initiatives by the Trudeau government. The BOC has become the proverbial  ATM,  as the PM thinks he is Santa Claus,  without a clue of the economic repercussions. Zero transparency or accountability as the country faces real economic challenges. It seems the BOC is more concerned about Social Justice, not part of their mandate than controlling inflation. This article below kind of summarizes the overreach and ends by stating, go Woke or go broke?

  https://apple.news/Ao0unDO-2TvCIg8-j9DMtEw

Inflation is real and the cost of living is skyrocketing making families choose between where they live or what they eat. I love to shop for groceries and I use to roll my eyes at a package of the organic chicken breast for around $30. This week that same package was $45, approximately a 50% increase when they are telling us inflation is at 6.8%? Do you realize that Government pensions and raises are indexed to inflation? Therefore when the costs go up it is the taxpayer that ends up picking up the tab and becoming the scapegoat.

Trades like Carpentry, Plumbing and Electrical for example have negotiated wage increases of 20% plus over the next three years with the majority of the increase based on the first year of the contracts.  The value of money keeps eroding, the purchasing power is dwindling with no end in sight, that is until ultimately a collapse occurs. In such an event, Cash will be King again. Those with money and leveraging power will be able to scoop up bargains at the expense of another’s inability to maintain the prize.