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Merry Christmas, Highspeed Internet a right, Inflation at 1.2 and #MoneyTalk

in Best of, Random Thoughts

Christmas is finally here (on Sunday) and I hope it will be an enjoyable, festive season for you, your family and friends. Christmas is a special time in our household, and I am hoping this year will be no different. Remember to give to charity this time of year as well, especially if you are feeling especially fortunate, help them have a Merry Christmas. Charity should be part of your financial planning (if you are thinking of starting your 2017 plans, add that in).

The CRTC announced on Thursday that High Speed Internet access is a right for all Canadians. The line I like the most in the report was:

High quality and reliable digital connectivity is essential for the quality of life of Canadians and Canada’s economic prosperity.

– Jean-Pierre Blais, Chairman and CEO, CRTC

Will this somehow cause the big Internet Service providers in Canada make sure there are affordable (yet high quality) solutions available to all Canadians? My skepticism meter is reading high that things will change without a legislated solution in place (but we saw how well the whole $25 cable TV solution did). It would be a Merry Christmas if everyone could have access to basic internet, which is defined as:

  • speeds of 50 megabits per second (Mbps) download/10 Mbps upload for fixed broadband Internet access services.
  • an unlimited data option for fixed broadband access services.
  • the latest mobile wireless technology available not only in homes and businesses, but also along major Canadian roads.
Inflation by Category November 2016
Inflation By Category (November 2016)

Stats Canada published the November Consumer Price Index numbers and year over year inflation is running at a lowly 1.2%, but is it really? After a cursory look, it seems that it might be good this month with Food being a category where prices actually dropped.

As we have learned, there is a much more detailed report for the CPI, which answers a few more questions for us and gives us some tangible highlights:

Main contributors to the 12-month change in the CPI:

Main upward contributors:

  1. Purchase of passenger vehicles (+3.0%)
  2. Homeowners’ replacement cost (+4.4%)
  3. Food purchased from restaurants (+2.5%)
  4. Electricity (+3.5%)
  5. Homeowners’ home and mortgage insurance (+4.4%)

Main downward contributors:

  1. Gasoline (-1.7%)
  2. Fresh vegetables (-4.7%)
  3. Meat (-2.0%)
  4. Fresh fruit (-4.5%)
  5. Travel tours (-4.2%)

The fact that Gas is down in price is not nearly as interesting as how Fresh Veggies, Fruit and Meat are down in price. This is actual good news (for now), however remember the prices on those food stuffs have been going up big time over the whole summer. On the downside of things, Electricity prices continue to rise, not a good thing to see going into this Winter.

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My Writings for Week Ending December 23rd

As most of my regular readers know, I am not a very big fan of New Years Resolutions, but having a plan for 2017 (financially) is a prudent thing to do, so thus I give you Smart Financial Goals for 2017. However you want to motivate yourself to plan for the New Year is your business, but get a plan down, and start using it.

I found 8 Holiday Ideas to Save Money in my archive of unfinished stories, so I dusted it off and published it for a small Ho Ho Ho for this Christmas season. It is a sarcastic commentary, but would you expect anything less from me ?

A Warm Coat for the Winter

But do you really need this coat, for that price? I doubt it, and yes Kerry wrote about this two years ago (I note other folks are only talking about it now):

It’s a Festivus Miracle!


For those of you who might not celebrate a Merry Christmas, Happy Kwanza, Merry Festivus, and any other holiday that I may have missed.


Merry Christmas Noddy

Nothing says Merry Christmas more to me than Noddy and the boys from Slade singing Merry Christmas Everybody.

Sing it Noddy!

Christmas in Heaven

A festive tune, by Monty Python

What is Christmas in Heaven really like?

2016 Random Thoughts

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