Quote:
Originally Posted by crazy_eoj
Why include MPI, the city's secret inflation number, instead of CPI at all ? The City is doing a great job of conflating data and numbers to obfuscate people, the same way that Nenshi refers to comparatively low provincial taxes as a justification for high city taxes on business.
|
I had to google what is this secret inflation number MPI. Seems pretty reasonable to me
"Consumer inflation is typically measured through the Consumer Price Index (CPI) produced by Statistics Canada. The CPI represents the purchasing patterns of an average consumer and is a generally accepted measure of inflation. The CPI, however, is not the best tool to assess inflationary pressures the City of Edmonton faces because it does not adequately represent the municipal purchasing patterns.
The Municipal Price Index (MPI) serves to measure inflation for the City of Edmonton and reflects the mix of goods and services purchased by the City of Edmonton. Development of an MPI was undertaken as a means to measure inflation the City of Edmonton's operating budget faces."
Im sure Calgary has a similair report to this somewhere out there
https://www.edmonton.ca/business_eco...MPI%202016.pdf