PP on CPAC now with his first speech since Carney was elevated and predictably, all about how Carney is Justin Trudeau 2.0... not likely to convince anyone who wasn't already with him IMO.
Normally I'd at least give a guy like PP credit for being willing to get in front of reporters as often as he does to make sure he's getting his message out there and communicating what he plans to do, but in this case I have to say it seems just ego-driven. It's hard to imagine that no one has noticed that seeing more of PP just makes you less likely to want to vote for him, not more.
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
Can someone sell me on Pollivier on his own merit, without mentioning how bad the liberals are?
If you're a social conservative who denies the existence of trans people, would as an MP vote against your own father's right to live a happily married life, and think that the key to being tough on crime is bringing more guns in like our neighbors to the south, Pierre Poilievre is the right choice for you! And he's backed by Stephen Harper's IDU, the same "center"far-right organization backing USA's Republicans and guiding its members with seminars on manipulating elections so you know he has Canada's best interests in mind - he's even smart enough to cover his ass by not getting security clearance that would inform him of foreign interference within his party. A smart, smart man who knows how to maintain plausible deniability and use the power of populist rhetoric rather than actual policy. And he has years of experience in parliament, so he won't have to relocate!
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Last edited by GranteedEV; 03-10-2025 at 10:22 AM.
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It's like he's a tape recorder stuck on infinite loop. I tuned in for the last 5min and it was all Carbon Tax Carney's carbon tax will be taxing on steel workers who use carbon that'll be taxed in Carbon Carney's carbon tax policy.
You have to ask why the investment community feels that growth in Canada is not worth investing in? Why is the US market more attractive? What market forces or policy measures are limiting Canadian growth?
It's not that Canada is not worth investing in; it's that the US presents many opportunities you can't get domestically.
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It's like he's a tape recorder stuck on infinite loop. I tuned in for the last 5min and it was all Carbon Tax Carney's carbon tax will be taxing on steel workers who use carbon that'll be taxed in Carbon Carney's carbon tax policy.
There were a few zingers in there about him moving Brookfield south and investing in middle eastern pipelines while opposing Canadian pipeline development that were well delivered. Some of that might stick, kind of like what they did with Ignatieff. The slogans though are just extremely cringe.
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
At what point do you hold the Canadian free market accountable? Since around 2010-ish, investment behaviour has gone in these directions
a) Canadians invest in S&P 500 index funds. That hurts the Canadian economy because we are putting our money into the growth of US corporations.
b) Canadians invest in Canadian dividend stocks, like banks and O&G companies. Dividend stocks inherently lack growth potential
c) Canadians invest in real estate, which is a secondary economy, and was his hard by unexpected foreign investments that few would have predicted
In general, Canadians' refusal to invest in Canadian small businesses and the growth of Canadian corporations in lieu of the above three options is a problem at the grassroots level, not a political problem. Maybe government can add regulation on these three things, but most of that would be anti-Free Market regulation.
Ummm, what does this have to do with Sylvan blaming the NDP for our economic problems?
It's not that Canada is not worth investing in; it's that the US presents many opportunities you can't get domestically.
Which still brings up the question of what can be done to grow business in Canada and make investment worthwhile. I guess in my previous reply to GranteedEV I didn't mention that I disagree with his notion that the investment issue is at the grassroots level. I don't think Canadians have an issue with investing in the TSX but as you mention there are better opportunities in other markets. So it comes back to what policies are holding back Canadian growth and investment? I don't view adding investment regulations as a good solution to keeping money in Canada.
Realistically, only because HockeyDB hasn't been around that long. Lester Pearson won a Spengler cup for Oxford. That would surely show up on HockeyDB now.
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Which still brings up the question of what can be done to grow business in Canada and make investment worthwhile. I guess in my previous reply to GranteedEV I didn't mention that I disagree with his notion that the investment issue is at the grassroots level. I don't think Canadians have an issue with investing in the TSX but as you mention there are better opportunities in other markets. So it comes back to what policies are holding back Canadian growth and investment? I don't view adding investment regulations as a good solution to keeping money in Canada.
It's not just about regulations and Canadians' unwillingness, though. From a sector perspective, about half of the TSX is financials and energy. You can get some IT exposure with the TSX (about 8% of the market), but after a decade or so, when those stocks in the US were absolutely crushing it, people just wanted more. And then you have areas like healthcare, consumer staples, and such that were only small percentages of the market in Canada. It makes that difficult.
To me, the issue isn't policy or regulations; it's that the TSX doesn't offer enough diversity.
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It's not just about regulations and Canadians' unwillingness, though. From a sector perspective, about half of the TSX is financials and energy. You can get some IT exposure with the TSX (about 8% of the market), but after a decade or so, when those stocks in the US were absolutely crushing it, people just wanted more. And then you have areas like healthcare, consumer staples, and such that were only small percentages of the market in Canada. It makes that difficult.
To me, the issue isn't policy or regulations; it's that the TSX doesn't offer enough diversity.
Oh now you've done it. What about equity?
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PP on CPAC now with his first speech since Carney was elevated and predictably, all about how Carney is Justin Trudeau 2.0... not likely to convince anyone who wasn't already with him IMO.
Normally I'd at least give a guy like PP credit for being willing to get in front of reporters as often as he does to make sure he's getting his message out there and communicating what he plans to do, but in this case I have to say it seems just ego-driven. It's hard to imagine that no one has noticed that seeing more of PP just makes you less likely to want to vote for him, not more.
The problem is Poilievre ran on the Canada is broken message since he became leader. It works great when everyone is rightfully angry at the current government, it's leader and poor policies. Not so great when everyone is united and angry at foreign enemies.
I have no idea who his campaign handlers are but they need a different message. Trudeau 2.0 and Carbon Tax isn't what Canadians really care about right now. Starting again in French in what I believe is another plea to Quebec against Carney.
27:00 MAGA question dismissed, he's just not strong enough on it. Canadians want to hear strong anti-American talk from him and he simply isn't doing it. Ford just instituted 25% export tax on electricity today for example, he could have praised this and more actions, and even support the Liberals on their tariff plans but how he would do much more.
He's too stuck on his past rethoric and trying to just change Trudeau with Carney with no change when Canadians priority have completely been turned upside down recently.
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Which still brings up the question of what can be done to grow business in Canada and make investment worthwhile. I guess in my previous reply to GranteedEV I didn't mention that I disagree with his notion that the investment issue is at the grassroots level. I don't think Canadians have an issue with investing in the TSX but as you mention there are better opportunities in other markets. So it comes back to what policies are holding back Canadian growth and investment? I don't view adding investment regulations as a good solution to keeping money in Canada.
Well, personally, I don't really like the concept of regulations on the market, but we're in a similar position to Europe right now where we just can't compete with China or USA in terms of growth. We're an export economy that is surrounded on three sides by oceans, and the last side is the USA
I don't really have an answer, but if we were to introduce regulations on the market, my thought would be something along the lines of:
- bump up the tax on capital gains in non-regulated accounts that are outside of Canada. Give Canadians an exempt exit period to liquidate those investments. It would have to be a post-election thing though, the conservatives would fight this one tooth and nail during the election.
- meanwhile notch down the current tax on capital gains on Canadian investments. Down from 50% to 33%?
It wouldn't really affect peoples' RRSPs and TFSAs, but could influence the larger investment market a little.
Beyond that, though, I think we're just kinda hooped without Canadians in general actively wanting to invest in our economy - buying local as much as possible. The Free Market is what it is, our top performers are companies like Constellation, Shopify, the banks, Enbridge, and Circle K, their top performers are global companies like Apple, Google and Nvidia. It's just a totally different tier of corporation we don't have.
Part of me hopes this trade war will influence investing patterns. If Vietnam can have an EV manufacturer, why exactly can't we?
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People's concerns right now are pivoting away from what Trudeau and Liberals have done wrong in the past, to how are we going to fight against the American threat. PP needs to get away from his MAGA style smear campaign against Trudeau and focus more on how he's going to mitigate against Trump's threats. The more he refuses to, the more he's going to alienate the Canadian public IMO.
Either way, he can thank Trump for kyboshing his majority government. Unless things drastically change, I can't see either side winning a majority currently.
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People's concerns right now are pivoting away from what Trudeau and Liberals have done wrong in the past, to how are we going to fight against the American threat. PP needs to get away from his MAGA style smear campaign against Trudeau and focus more on how he's going to mitigate against Trump's threats. The more he refuses to, the more he's going to alienate the Canadian public IMO.
Either way, he can thank Trump for kyboshing his majority government. Unless things drastically change, I can't see either side winning a majority currently.
He can only thank himself for being a supporter the whole time. Zero empathy for public officials that attached themselves to this clown thinking it would help them or anyone else.
Ontario is making $400k/day with their new American Moron Tax. BC should do the same.
I’m fine with this move, especially with Trump’s lumber and dairy tariffs supposedly coming sometime this week. And I assume Ford ran this plan by the Feds first before implementing it.
I just want Ford to ease up on the rhetoric a little bit in regards to shutting off the power completely. Canada has to be very careful here not to escalate anything and make things worse than they already are.
People's concerns right now are pivoting away from what Trudeau and Liberals have done wrong in the past, to how are we going to fight against the American threat. PP needs to get away from his MAGA style smear campaign against Trudeau and focus more on how he's going to mitigate against Trump's threats. The more he refuses to, the more he's going to alienate the Canadian public IMO.
Either way, he can thank Trump for kyboshing his majority government. Unless things drastically change, I can't see either side winning a majority currently.
Preferred outcomes in order:
PC majority
PC minority
LIB majority
The worst outcome would be another LIB minority supported by the NDP. This country can’t afford any result where Singh is afforded continued relevance.
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