Lousy journalism.

A Nov. 22, 2024, CBC News artcile, "Justin Trudeau tries to find a cure for 'inflationitis'," introduces an insultingly idiotic term, "inflationitis," to reframe ruthless price-gouging and profiteering – not to mention the perverse redefinition of "investing" as the financialization of everything – as a challenging political-messaging environment where voters' "perceptions" and "feelings" must be managed carefully if one is to cultivate successfully the illusion that everything is fine for the millions of Canadians who cannot afford a roof over their heads if they lose their apartment for any reason and the millions more who do not have a family doctor.

The first two sentences of this article state clearly who CBC works for and the snake oil it is selling:

"The political and public policy challenges posed by inflation" are not "easy to overcome"; and "the current moment" is "arguably the most hostile environment in history for incumbent parties and politicians across the developed world."

Yes. Finance capital has the entire Golden Billion by the throat and neither the compradore political establishment nor their mouthpieces in neoliberal think tanks, media, and academia are willing to rock that boat.

1. Tax away YOY increases in profit, beginning in 2022, across every corporation with a market cap greater than $5 billion. The corporate tax rate in Canada was 50.9% in 1981, declined to 26.1% in 2012, and has stayed there ever since. Tax YOY profit increases, especially in telecommunications, housing, and food packaging and distribution, at 100%. Distribute a share of that revenue to the public, and use the rest to train medical personnel and build not-for-profit housing.

2. Tax 100% of lifetime capital gains over $500,000 for an individual and all corporate capital gains as ordinary income to make so-called "investment" in land and housing as unattractive as possible and lure capital instead to invest in productive economic activity. End "money for nothing" as the largest sector of Canada's economy.

3. Stop approving for-profit housing development across Canada. Build only not-for-profit, purpose-built affordable rental housing on a massive scale on public land financed with effectively zero-interest public loans to not-for-profit public or private entities contractually obligated to rent in perpetuity what is built for what it costs to build and maintain it.

4. Implement an R&D investment tax credit and a production tax credit to support investment in developing new technologies, innovative materials, industrial machinery, and consumer products, especially for export, and diversify trading partners away from the United States.

That 30% of the housing that changes hands in Canada each year is bought by so-called "investors" is a cultural, political, and economic failure of enormous proportions. Canada as a nation has no project, just greedy individuals grabbing all they can draining the life out of a feeble, declining economy. It is despicable.