Inflation Isn't The Only Thing That's Triggering Exploding Prices in Canada

In modern history rising prices of just about everything isn't something that's new. Every year prices of products and services rise gradually over the years due to inflation. However in recent years prices of just about everything have been exploding in Canada. Prices of groceries and services have been climbing so quickly that the average Canadian is struggling to afford the basic essentials. Politicians would have you believe that the out of control prices is due to the pandemic. But that's not the only reason why prices are unaffordable in Canada. The lack of competitors in all major sectors of the economy is leaving Canadians few options allowing these oligopolies to raise prices at an unsustainable rate. In this video we cover why the lack of competition is creating a huge economic debacle in Canada Check out more of our content! Homelessness: Justin Trudeau: How to Save Canada: Canada Overview: Canada Housing Bubble: Canada Immigration: 00:00 Let's start off with Canada's depressing stats 01:02 Why food so expensive? 01:37 Why competition is needed for a reasonable prices 02:04 How the big three are scamming the average Canadian 02:45 The Great Canadian Food Pricing Scandal 03:24 Why are they allowed to be in business still? Like seriously? 03:47 Banks scamming citizens? Never heard that one before... 04:37 Phone companies overcharging Canadians too? 05:31 Introducing the 2 worst airlines in North America.... 06:22 The rise of Canada's oligopolies 07:00 The Great Depression 07:35 No competition becomes the new normal 08:09 The government actually did a good thing and helped the citizens. Too bad it failed... 09:35 Modern Canadians lack the ability to compete because they have no experience competing