Federal Budget 2016: $29B Deficit

[GirlySports]

Originally Posted by transplant99

Just read this as well.



Why? Why in the hell does the CBC even need to exist any longer? Sink or swim on its own and quit being government funded competition to private companies.

Just absurd.

i might be the only person who likes CBC.

[Enoch Root]

Originally Posted by zamler

• $8.4 billion over five years to help indigenous communities
• $2 billion over three years for a new strategic investment fund for infrastructure improvements at colleges and universities
• $2 billion over two years for a low-carbon economy fund, beginning in 2017-18

There may be more although the last one no idea what that actually is. I would hope it is for building some form of sustainable energy production.

Originally Posted by transplant99

3.4 B for public transit.

2.24B for water and waste infrastructure for First Nations communities

1.48B for affordable housing.

1.22B for social infrastructure for First Nations, Inuit, and Northern communities.

500M for climate change mitigation and adaptation.

400M for early learning and childcare.

342M for cultural and recreational.....something or other.


Yup.

So maybe $3B per year, about half of which is allocated for Aboriginal communities

[Enoch Root]

Originally Posted by GirlySports

i might be the only person who likes CBC.

do you $675M like it?

[GirlySports]

Originally Posted by Enoch Root

do you $675M like it?

yes, we need a public broadcaster to show Canadian stuff.
or else we get ctv which just copies american stuff and has stupid tabloid shows

[Red]

Originally Posted by Jacks

Oh FFS, read your own link. The sale was in this fiscal year ending this month not last year. The sale of the shares had to be booked eventually. If Harper just wanted to look good he would have sold them before the last year end to inflate the surplus. I'm done with this though, not going to convince you with facts obviously.

Wow, talk about semantics. He sold to fulfil the promise of balanced budget by 2016. He cheated...simple as that. I guess Trudeau could sell off bunch of crown possessions and balance this monster too. That's the point I was making to counter some Cons ass licker's nonsense about Harper having this awesome record.

[calgarygeologist]

Originally Posted by GirlySports

yes, we need a public broadcaster to show Canadian stuff.
or else we get ctv which just copies american stuff and has stupid tabloid shows

I like CBC News Network but I wish they could do more investigative programming.

The only thing that CBC is good for is sports on Saturday and Sunday afternoons and their Olympics coverage. I would like it more if they showed more stand up comedy like Just For Laughs and whatever. More documentaries would be great as well (stuff like Nova and the likes.)

[corporatejay]

[GirlySports]

Originally Posted by calgarygeologist

I like CBC News Network but I wish they could do more investigative programming.

The only thing that CBC is good for is sports on Saturday and Sunday afternoons and their Olympics coverage. I would like it more if they showed more stand up comedy like Just For Laughs and whatever. More documentaries would be great as well (stuff like Nova and the likes.)

CBC Radio docs and podcasts is good. CBC Radio music is good, gives an avenue for Canadian artists to go forward. Shows are good too, although im in the minority.

[killer_carlson]

Mark me down as a CBC supporter.

[EldrickOnIce]

Originally Posted by GirlySports

CBC Radio docs and podcasts is good. CBC Radio music is good, gives an avenue for Canadian artists to go forward. Shows are good too, although im in the minority.

CBC radio is excellent.
CBC television, outside of sports, not so much.

[Enoch Root]

Originally Posted by Red

Wow, talk about semantics. He sold to fulfil the promise of balanced budget by 2016. He cheated...simple as that. I guess Trudeau could sell off bunch of crown possessions and balance this monster too. That's the point I was making to counter some Cons ass licker's nonsense about Harper having this awesome record.

Nice to see we're keeping it mature and civil.

Okay, here's the thing... the government bailed out GM with an injection of cash. For that, they got an equity stake. Then they sold that stake. They didn't donate your money, they invested it. And got a return.

That's not the same thing as selling off crown possessions.

And it's not cheating.

Hate on the Conservatives all you want. But try to be honest and intelligent about it.

[transplant99]

Originally Posted by GirlySports

CBC Radio docs and podcasts is good. CBC Radio music is good, gives an avenue for Canadian artists to go forward. Shows are good too, although im in the minority.

CBC radio is fine and has a niche that they can easily fill without government funding.

CBC TV needs to disappear. yeah they have canadian shows etc, but here's the rub...no one watches them and they are not good enough to exist on their own.

The government simply shouldn't be in competition with private business in such a direct manner. The CBC can try and go the way of PBS and survive on public donations and all the power to them in that case. In no way, shape or form should they be artificially propped up by taxpayer money though.

[OMG!WTF!]

I hope we get another episode of Atanarjuat The Fast Runner for 675 million.

[Red]

Originally Posted by Enoch Root

Nice to see we're keeping it mature and civil.

Okay, here's the thing... the government bailed out GM with an injection of cash. For that, they got an equity stake. Then they sold that stake. They didn't donate your money, they invested it. And got a return.

That's not the same thing as selling off crown possessions.

And it's not cheating.

Hate on the Conservatives all you want. But try to be honest and intelligent about it.

Oh please, dude goes off with his FFS etc and you talk about maturity? Like what I said (or repeated what the media said actually) was so bloody off the charts that FFS response was fine?

And then you of all people on here question my intelligence? Mature and civil of you.

Hypocrite.

As for your "on topic" attempt at a response, I think you are a very naive individual. I myself don't see selling something for less than I paid for as getting a return. To each its own I guess.

[Looch City]

Does the budget include the US/Canada border wall? I can't seem to find it.

[Enoch Root]

Originally Posted by Red

Oh please, dude goes off with his FFS etc and you talk about maturity? Like what I said (or repeated what the media said actually) was so bloody off the charts that FFS response was fine?

And then you of all people on here question my intelligence? Mature and civil of you.

Hypocrite.

As for your "on topic" attempt at a response, I think you are a very naive individual. I myself don't see selling something for less than I paid for as getting a return. To each its own I guess.

A loss is still a return. That is different than a donation. They got equity for a cash injection. And then they sold that equity.

And nice to see that you're raising the bar on civility.

[Regorium]

Originally Posted by Red

Wow, talk about semantics. He sold to fulfil the promise of balanced budget by 2016. He cheated...simple as that. I guess Trudeau could sell off bunch of crown possessions and balance this monster too. That's the point I was making to counter some Cons ass licker's nonsense about Harper having this awesome record.

If you read my post, which was actually helpful, you would know that he was actually a year early on this. The GM shares were for THIS year, not last year, which also had a surplus.

[IliketoPuck]

This budget is very difficult for me.

A certain amount of targeted stimulus is reasonable in my opinion given the prevailing economic conditions in energy producing provinces. But this budget doesn't do any of that. Extended EI in affected provinces? Right then. Don't confuse that change with anything more than lip service.

A $30Bn deficit is staggering. Staggering. Especially given the massive amount of that directed towards obscure initiatives. And the Canadian economy as a whole is GROWING. Growing slower, yes, but still growing. $30Bn is indefensible.

This budget reeks to me of reckless fiscal policy. We will regret this as a country for years.

What are we mortgaging our future for exactly? I'm sick to my stomach with the way our provincial and federal governments are conducting themselves.

[LanceUppercut]

Originally Posted by IliketoPuck

What are we mortgaging our future for exactly?

Unicorn farts and fairy tales. It sure isn't for economic development or activity.

[2Stonedbirds]

Originally Posted by transplant99

Just read this as well.



Why? Why in the hell does the CBC even need to exist any longer? Sink or swim on its own and quit being government funded competition to private companies.

Just absurd.

The CPC made cuts to the CBC in the past; during the election night while the east was turning red and it was spreading west you could actually hear Mansbridge's pants getting tight. He was borderline giddy.

Probably a nice cushy ceremonial govt position for dear old Peter sometime down the road.