Canadian Federal Politics Thread v5

[Torture]

Originally Posted by bizaro86

The "Ekos Only" peojection Torture linked has BQ at zero seats. That suggests to me its flawed.

Yeah I agree that seems pretty absurd. Was just laughing at the idea that PP loses his seat but I'm sure it won't happen. Dare to dream, right?

[GGG]

Originally Posted by Jason14h

But having an internationally diverse portfolio getting taxes vs Canadian not taxed plays into the ROI on the full portfolio

This only (really) affects people with maxed TSFA and RRSP's or post RRSP retiries with a high investment portfolio, but if one asset class is taxed (non Canadian) and another isn't (TSFA) the ROI on Canadian investments goes up

This is only the case if the individual currently invests less than 5k per year into Canadian stocks

In fact if you wanted to do it better you’d do it on the RRSP side as that would means the governments portion is also invested in Canadian companies. You could also do it as a restriction on existing TFSA investments rather than an increase. There is really only a small edge case where this extra 5k would change investment make up.

It also encourages more active management which is a disaster for most people. Buying an all in ETF like your Vgro or Veqt is a very good solution for the self directed investor. This program creates incentive to split that into multiple funds and add complexity to the system.

Either an extra 10 k per year of TFSA room per couple it will make it very easy for people to collect GIS from 65 to 70 by delaying CPP shifting funds to Capital gains only products, and living off the TFSA.

[GGG]

Originally Posted by Firebot

Poilievre is an such an open book. He buys into index funds, one of which is Vanguard which also buys Brookfield a 900$ billion dollar TSX Canadian headquartered company (at least until very recently). He even owns 0.06 BTC!

Let's look at Carney's investments.

Oh we can't because he hasn't disclosed them publicly.

Of all this things to point out, this is quite the absurd one. It just reaffirms why Carney should still voluntarily disclose assets even though he technically doesn't need until after the election is done, if Poilievre's Canadian index fund investments and 8000$ of bitcoin is apparently important enough it makes news cycles that can influence this election.

No it reaffirms this issue is stupid.

The problem here is he is going to have options in Brookfield that people are going to over react on and have US investments and Private equity investments making up large portions of his portfolio. He legally isn’t allowed now to change that allocation or ask for it to be changed.

The goal of this exercise is to smear him and it works either way. If he discloses he is criticized if he doesn’t disclose he is criticized. It’s politically well crafted. It’s just irrelevant and stupid.

[Jason14h]

Originally Posted by GGG

This is only the case if the individual currently invests less than 5k per year into Canadian stocks

In fact if you wanted to do it better you’d do it on the RRSP side as that would means the governments portion is also invested in Canadian companies. You could also do it as a restriction on existing TFSA investments rather than an increase. There is really only a small edge case where this extra 5k would change investment make up.

It also encourages more active management which is a disaster for most people. Buying an all in ETF like your Vgro or Veqt is a very good solution for the self directed investor. This program creates incentive to split that into multiple funds and add complexity to the system.

Either an extra 10 k per year of TFSA room per couple it will make it very easy for people to collect GIS from 65 to 70 by delaying CPP shifting funds to Capital gains only products, and living off the TFSA.

Issue with increasing RRSP side is people who are self employed and pay themselves in dividends , etc who don’t generate any space aren’t affected - and a lot of these people are the ones you want contributing as they actually have more potential for having excess taxed savings currently as they can’t use RRSPs

[calgarygeologist]

Originally Posted by bizaro86

I have a hard time believing the BQ goes to zero...

If anything crazy happened this election it would be more likely that BQ sweeps Quebec over the Liberals sweeping Quebec.

[#-3]

Originally Posted by GGG

This is a ridiculous complaint.

PP here is exactly what the law should be. Politicians should only be able to hold total market index funds weighted to the economy with some home country bias. This is exactly how you remove conflicts of interest.

Can we talk about the stupidity of wanting proven successful people to run our country as one of the key talking points for decades (he's a just drama teacher). But successful people are going to have substantial business holdings. But we are going to scrutinized and make baseless accusations about their ethics related to their business holdings (as long as they aren't playing for our team).

It's just such a stupid line of reasoning, or as they say, have your cake and eat it too.

Again
Is Carney Successful? Yes
Is he Rich? Yes he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

Is Poilievre Successful? I guess so
Is he Rich? I guess he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

The substitution works either way you look at it.

[dammage79]

I'm no separatist or even Quebexican, but when the party leader of the Bloc sounds like the most sane and well grounded of the bunch , we have to be in trouble.

I'm fine with Carney I just really dislike his Central Banker background, and his Edmonton-ness. It so bad in Canadian politics that the Cons are confused as to why the majority seem to be happy going back to the Liberal cool-aid without actually taking a look in the mirror themselves.

There's a bigly , YUGE reason why Pollievre is going to lose an election that was gift wrapped and served on a platter for him and it's not because of Carney.

It because of the western separatist kookoos and the maple magas that wave the blue flag for PP.

They're gonna get crushed because they let their ugly show.

[belsarius]

Originally Posted by #-3

Can we talk about the stupidity of wanting proven successful people to run our country as one of the key talking points for decades (he's a just drama teacher). But successful people are going to have substantial business holdings. But we are going to scrutinized and make baseless accusations about their ethics related to their business holdings (as long as they aren't playing for our team).

It's just such a stupid line of reasoning, or as they say, have your cake and eat it too.

Again
Is Carney Successful? Yes
Is he Rich? Yes he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

Is Poilievre Successful? I guess so
Is he Rich? I guess he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

The substitution works either way you look at it.

It's the same kind of thing with the Bermuda tax haven.

When you worked for private industry did you do your best in the interests of your clients/shareholders? Yes
Did you follow all laws of Canada? Yes

It's really a situation of don't hate the player, hate the game.

[Monahammer]

Originally Posted by #-3

Can we talk about the stupidity of wanting proven successful people to run our country as one of the key talking points for decades (he's a just drama teacher). But successful people are going to have substantial business holdings. But we are going to scrutinized and make baseless accusations about their ethics related to their business holdings (as long as they aren't playing for our team).

It's just such a stupid line of reasoning, or as they say, have your cake and eat it too.

Again
Is Carney Successful? Yes
Is he Rich? Yes he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

Is Poilievre Successful? I guess so
Is he Rich? I guess he's successful
Does he have money invested in businesses? Yes, he's rich
Do those businesses employ finance professionals to reduce their tax burden? Yes it's a business with investors.
Does government policy effect those business? Yes they operate in Canada, or sell good into Canada, or Buy resources from Canada.

The substitution works either way you look at it.

https://www.pierrepoilievrenews.ca/p...itical-leader/

I actually think the argument gets substantially worse for Poilievre if you add a "why is he rich/ how did he get rich" question in the middle.

It's pretty obvious how Carney got rich. He has held numerous high paying positions involving investment and clearly invested his own money diligently alongside this.

Poilievre seems to have gathered a net worth between 4-25 million on a government salary for 20 years? That is actually absolutely wild and reeks of something foul taking place. Real estate speculation and being a landlord, yet we expect him to actually value affordability in homes? Vague references to crypto investments boosting his worth? Sounds very familiar to a specific cadre in power now in the US.

[Ashasx]

Originally Posted by Monahammer

https://www.pierrepoilievrenews.ca/p...itical-leader/

I actually think the argument gets substantially worse for Poilievre if you add a "why is he rich/ how did he get rich" question in the middle.

It's pretty obvious how Carney got rich. He has held numerous high paying positions involving investment and clearly invested his own money diligently alongside this.

Poilievre seems to have gathered a net worth between 4-25 million on a government salary for 20 years? That is actually absolutely wild and reeks of something foul taking place. Real estate speculation and being a landlord, yet we expect him to actually value affordability in homes? Vague references to crypto investments boosting his worth? Sounds very familiar to a specific cadre in power now in the US.

After this was brought up last week, I have found nothing concrete online about Poilievre's net worth. As per the article posted here today, he only has $8200 in crypto assets.

If he has a net worth anywhere close to that, it would have to be in his declared investment in Liberty West Properties - but there is very little information for that publicly available.

I'm not sure how anyone would know his net worth.

[Johnny Makarov]

Originally Posted by dammage79

I'm no separatist or even Quebexican, but when the party leader of the Bloc sounds like the most sane and well grounded of the bunch , we have to be in trouble.

I'm fine with Carney I just really dislike his Central Banker background, and his Edmonton-ness. It so bad in Canadian politics that the Cons are confused as to why the majority seem to be happy going back to the Liberal cool-aid without actually taking a look in the mirror themselves.

There's a bigly , YUGE reason why Pollievre is going to lose an election that was gift wrapped and served on a platter for him and it's not because of Carney.

It because of the western separatist kookoos and the maple magas that wave the blue flag for PP.

They're gonna get crushed because they let their ugly show.

What kind of loser statement is this? In fact if you think about it, Calgary is No Good when it comes to politics. We effing elected Rob Anders, Rempelstiltksin, Jason Kenney X2 and Danielle Smith. We suck ass.

[Muta]

I don't give a #### if someone is from Edmonton or has 'Edmonton-ness'. If they're a smart, capable leader, it's irrelevant where in Canada they're from. This isn't hockey or sports.

[dammage79]

Originally Posted by Muta

I don't give a #### if someone is from Edmonton or has 'Edmonton-ness'. If they're a smart, capable leader, it's irrelevant where in Canada they're from. This isn't hockey or sports.

He still has my vote but I am free to dislike things about the people who are going to be guiding the populace through these times. Conversely there not one redeeming quality I like about any other the other party leaders that matter outside of QC. In fact if the Bloc Leader was leading a main federal party he would be in the conversation for my vote.

Again, Carney is clearly the individual who can take it to the current U.S administration and I believe the election will give him a majority before the votes even start to be counted in Manitoba and westward. If we want an adult in the room , It's Carney. Still don't like his Edmonton-ness. I like Iginla too even though he's an edmontonian.

[Fuzz]

Sukhman Singh Gill will be the candidate running in the Abbotsford-South Langley riding for the Conservative Party of Canada, after winning the nomination on Saturday, March 8.

Long-time politician Mike de Jong had also hoped to seek the nomination, but he found out on March 3 that his application to run had been denied by the national office. He said he was told the reason was that he was "unqualified." His appeal of the matter was rejected.


De Jong, 60, served as the Abbotsford West MLA under BC United (formerly the Liberals) for 30 years.

https://www.abbynews.com/local-news/...angley-7870274


Kinda curious what Gill has in his pocket for the party to claim an MLA of 30 years isn't qualified, yet a 24 year old farmer is? What exactly are these qualifications? I mean, I know it's a cover for some other bull####, it's just a sign of how little they care to offer actual answers that they'd make something up so obviously bull####.

[CorsiHockeyLeague]

Originally Posted by Muta

I don't give a #### if someone is from Edmonton or has 'Edmonton-ness'. If they're a smart, capable leader, it's irrelevant where in Canada they're from. This isn't hockey or sports.

Really? Think what sort of image it projects to the rest of the world if the leader of our country is showing up to international summits in sweatpants.

[Blaster86]

Originally Posted by bizaro86

The "Ekos Only" peojection Torture linked has BQ at zero seats. That suggests to me its flawed.

The way Graves does this is really good at finding current trends and the way things are leaning but it's a really bad way to try and judge the actual outcome.

[Cappy]

Originally Posted by calgarygeologist

If anything crazy happened this election it would be more likely that BQ sweeps Quebec over the Liberals sweeping Quebec.

I know we are talking hypotheticals but i think its the opposite. By all accounts many PQ/BQ voters are moving towards Lib/Nationalist parties as they see MAGA as a major threat to Quebec identity.

[Bring_Back_Shantz]

Originally Posted by belsarius

It's the same kind of thing with the Bermuda tax haven.

When you worked for private industry did you do your best in the interests of your clients/shareholders? Yes
Did you follow all laws of Canada? Yes

It's really a situation of don't hate the player, hate the game.

Aren't Conservatives also the ones who are always saying "We should run the government like a business"

Me: So you would like to elect someone who has extensive experience running a successful business?

Typical Conservative voter: Ahh, no, I'd rather vote for the guy who as ONLY EVER worked in government.

[Party Elephant]

Originally Posted by calgarygeologist

If anything crazy happened this election it would be more likely that BQ sweeps Quebec over the Liberals sweeping Quebec.

I've yet to see a Bloc or Conservative campaign sign in Montreal. Tons of Liberal, NDP and even Green signs. I'm sure the bloc is more popular in the suburbs but the city does not appear to be swinging that way.

[fotze2]

Originally Posted by Bring_Back_Shantz

Aren't Conservatives also the ones who are always saying "We should run the government like a business"

So you would like to elect someone who has extensive experience running a successful business?

Ahh, no, I'd rather vote for the guy who as ONLY EVER worked in government.

But you think it should not be run like a business, why on earth would you have a business guy? I thought being good at business meant you had to exploit the poor and is a general indicator of greed and nogoodness.

Much prefer Carney over Trudeau because of business success. Carney much less likely to have a team of fifty photographers snapping pics of his turds that float above the water.