The laughable Bank of Canada report even includes the line
Why did this increase in markups not contribute significantly to inflation? We show that markup growth reached its highest level because of a contraction in firms’ costs [...] during the pandemic-related public health interventions
So when their costs go down they keep the prices the same and pocket the difference, BoC report verdict "profit growth without inflation". So what happens when costs go back up?
We observe a mild contribution of markup growth to inflation in 2021, partially explained by demand rebounding faster than costs. However, the fact that markup growth fell to zero the following year indicates that firms were likely smoothing out their price increases [...] rather than leveraging increases in market power.
So when the costs go back up, they pass 100% of the cost to the consumer and keep their new higher profit margins (no change in markup). BoC verdict "the inflation has nothing to do with profit growth". Amazing!
If industry follows this "price ratchet" mechanism profit margins can go to infinity "without causing inflation" according to BoC. Absolutely galaxy brain levels of economic genius.
They really think we're idiots.
You're looking at someone who not only raised more money, but did so using a larger number of smaller individual donations. Both of these speak highly to the chances of winning a federal election on two fronts:
1: Election campaigns are expensive, and you need to fundraise. If you can fundraiser from a large number of ordinary Canadians you won't be compromised by big corporations
2: If you can convince 3x more people than your opponent to give you money, you can likely convince 3x more people to go out and vote for you. The number of donors strongly correlates with voters because both are a form of political action. They both show a candidate who can mobilise individuals to commit to political action.
Neither of these are "buying an election", because this isn't his money he's using to buy votes, nor is it corporations buying influence that he will have to pay back with preferential treatment.