Canadian Federal Politics Thread v5

[timun]

Woke causes forest fires, I guess...?

[Fuzz]

It's amazing how he manages to start with a few extremely misleading "facts" as a springboard to justifying why the right votes Trump.



It's not comedy, it's not news, and it's not even true. Why do people watch this loser again? To get a glimpse of Piers Morgan maybe? Baffling.

[Yamer]

Originally Posted by Fuzz

It's amazing how he manages to start with a few extremely misleading "facts" as a springboard to justifying why the right votes Trump.



It's not comedy, it's not news, and it's not even true. Why do people watch this loser again? To get a glimpse of Piers Morgan maybe? Baffling.

Much like Ben Shapiro, he's a stupid person's idea of a smart person.

[Wormius]

There were a lot of non-sequiturs, that for sure.

[curves2000]

Absolute crushing interview on CTV Power Play with Vassy Kapelos with former Bank of Canada Gov. David Dodge.

Summary is

1) This budget will probably be the worst budget in terms of strategy and direction in decades, especially the rumored tax on corporations and wealthy Canadians.

2) This government and it's complete lack of investment in innovation, capital, equipment and more has resulted in a significant less wealth affect for low and middle class Canadians. Poor policy has resulted in people not having the savings for rent, housing, food and more.

3) Canada has pretty much gone all in on a housing strategy over these years that hasn't worked and is now doubling down on it.

4) Canada needs to change course.

I will update with video once it gets uploaded

[Mr.Coffee]

Rumblings that tomorrow’s budget is gonna be quite the doozy… increased taxes here we come. And I have my doubts it stops at “the wealthy” (what does this mean)?

If only the government could like, ya know, tell us where they spend the money… maybe they’d get more buy-in.

[Looch City]

Originally Posted by curves2000

Absolute crushing interview on CTV Power Play with Vassy Kapelos with former Bank of Canada Gov. David Dodge.

Summary is

1) This budget will probably be the worst budget in terms of strategy and direction in decades, especially the rumored tax on corporations and wealthy Canadians.

2) This government and it's complete lack of investment in innovation, capital, equipment and more has resulted in a significant less wealth affect for low and middle class Canadians. Poor policy has resulted in people not having the savings for rent, housing, food and more.

3) Canada has pretty much gone all in on a housing strategy over these years that hasn't worked and is now doubling down on it.

4) Canada needs to change course.

I will update with video once it gets uploaded

Oh no, not the corporations and wealthy Canadians!! Stop right there and take it all back!

[Mathgod]

Originally Posted by curves2000

Poor policy has resulted in people not having the savings for rent, housing, food and more.

Couldn't be because private equity firms and the ultra wealthy buying up all the housing and pricing Canadians out of the market? Couldn't be commodity speculators continually pushing prices of goods higher and higher? Nah, couldn't be that.

Quick, give more tax cuts to the rich, tell Putin to invade a few more countries, and remind everyone that climate change isn't real. That'll solve everything!

[fotze2]

I have no idea but there is a poster called BanfuzzfromCP watching this thread which is hilarious.

[Slava]

Originally Posted by Mr.Coffee

Rumblings that tomorrow’s budget is gonna be quite the doozy… increased taxes here we come. And I have my doubts it stops at “the wealthy” (what does this mean)?

If only the government could like, ya know, tell us where they spend the money… maybe they’d get more buy-in.

I would expect that this is an "election budget" where tax increases aren't going to hit everyone. In my view, they can't do anything too crazy facing an election in a year and with where they are in the polls these days. I also think that they've trotted a lot of this out over the past couple weeks.

[PepsiFree]

Originally Posted by fotze2

I have no idea but there is a poster called BanfuzzfromCP watching this thread which is hilarious.

I think there was something like “AntiFuzz” or before as well.

Fuzz pissed off someone crazy.

[Azure]

I'm all for taxing corporations who use real estate to pad their pockets, AirBNB owners, and rich 'middle' class people who are buying 3rd and 4th properties.

But hey, thats just me.

[photon]

Originally Posted by fotze2

I have no idea but there is a poster called BanfuzzfromCP watching this thread which is hilarious.

It was a user that was banned more than a year ago (or maybe even 2).

They still send abusive emails constantly, register accounts like that constantly, etc.

At least confirming it was the correct decision.

[chemgear]

Originally Posted by Mr.Coffee

Rumblings that tomorrow’s budget is gonna be quite the doozy… increased taxes here we come. And I have my doubts it stops at “the wealthy” (what does this mean)?

If only the government could like, ya know, tell us where they spend the money… maybe they’d get more buy-in.

The budget will balance itself don't cha know?

[curves2000]

Originally Posted by Mathgod

Couldn't be because private equity firms and the ultra wealthy buying up all the housing and pricing Canadians out of the market? Couldn't be commodity speculators continually pushing prices of goods higher and higher? Nah, couldn't be that.

Quick, give more tax cuts to the rich, tell Putin to invade a few more countries, and remind everyone that climate change isn't real. That'll solve everything!

As I had indicated, this was former BOC Gov speaking, and he was quite critical. A lot of the concerns people have with the Canadian government, this budget, Canada's competitiveness both with it's people and it's business have been long standing issues.

The points you made are accurate but so are criticisms that were and have been discussed for years.

Productivity: You and Me's counterparts in the USA blow us out of the water. It's not even a comparison. They are hungrier, smarter, more competitive and want it more. This does lead to a more national income.

Energy Policy: It's become quite clear that the Liberals position on this hasn't been the best, as rightly predicted. America has become such an energy superpower and is exporting energy, building pipelines and more. Our energy capital (Calgary/AB) has loads of empty real estate, significantly less total employment and we are just now about to finish a national pipeline by the government to the tune of maybe nearly $40 billion or 8-10 times the original cost. Well done work there by all.

Overall competitiveness: This is something that people have been critical of this government from a policy perspective and previous governments. Canada isn't some small country, we are 40 million people. We need to be innovative. Canadians as a whole aren't the smartest. We rely on natural resource extraction, some stable banking/insurance, trade with the US and not a whole lot else. Take those out and look at the top companies in Canada vs other G8 countries and we can all see just how piss poor of a global job we do.

It's not PM Trudeau's fault for everything here, I am not suggesting that. His government has been in power for 9 years so they do share a lot of blame. I don't think another Conservative government would do anything extremely substantially better.

The concerns being raised by the business community, individual Canadians, small business, economists and global forces should also be listened to. We can all do better

[ThisIsAnOutrage]

Originally Posted by Mr.Coffee

Rumblings that tomorrow’s budget is gonna be quite the doozy… increased taxes here we come. And I have my doubts it stops at “the wealthy” (what does this mean)?

If only the government could like, ya know, tell us where they spend the money… maybe they’d get more buy-in.

Is there a source for the said rumblings? I need to prepare some outrage in advance.

[curves2000]

For those who would like to see the interview with former BOC Gov. Dodge with CTV's Vassy Kapelos

https://www.ctvnews.ca/video/c290432...stId=1.6735503

[GGG]

Originally Posted by photon

It was a user that was banned more than a year ago (or maybe even 2).

They still send abusive emails constantly, register accounts like that constantly, etc.

At least confirming it was the correct decision.

Now I want to know who.

[GGG]

I know it’s not politically palatable but I think a broad based tax increase like raising the 20.5% bracket would be a good idea if not even the 15% bracket. The middle class needs to pay more in taxes if they want the level of services required. We can target tax relief and benefits to those in need with income based programs but base taxation needs to be higher to meaningfully impact revenues.

[calgarygeologist]

Originally Posted by GGG

I know it’s not politically palatable but I think a broad based tax increase like raising the 20.5% bracket would be a good idea if not even the 15% bracket. The middle class needs to pay more in taxes if they want the level of services required. We can target tax relief and benefits to those in need with income based programs but base taxation needs to be higher to meaningfully impact revenues.

Damn, you want the poorest Canadians to contribute even more in taxes as their struggles to live grow every year? That is harsh.