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On 3/20/2021 at 11:14 AM, Jaydee said:

What Conservatives disagree with is “the debate is over” crap pushed by Leftists. 

Not the guy at the top...

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“I am the leader and this is an important issue for me”. “The debate is closed.”

Erin O’Toole to campaign on climate-change plan despite party skepticism on issue

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Looks like April’s fools day has been moved back by 19 days. I can see this triggering an election. For TWO years they have been unable to produce a budget with a million reasons as to why not..COVID usually the convenient excuse..yet all of a sudden, it’s doable..:Scratch-Head: ..and yet....Canada is still in a Pandemic induced coma......Watch the freebies fly far and wide. YOU get a free car....and YOU get a free car....and YOU get a free car....

 

Freeland says federal budget will be tabled April 19

 

https://www.theglobeandmail.com/politics/article-freeland-says-federal-budget-will-be-tabled-april-19/?utm_medium=Referrer%3A+Social+Network+%2F+Media&utm_campaign=Shared+Web+Article+Links&fbclid=IwAR1WMZhO1iJJmQDDzCcAZR0o2wwBPwzbHGbpOOsuP2m1_aaJ58twZkgAFcY

 

 

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What was amusing were the questions in QP yesterday.....the cons were peppering the libs with questions about a budget but it took a set up question from lib Mark Gerretson (tool!) for Freeland to announce the budget date.... 10 mins later.

Personally, I have lost confidence in the country and its citizens. I feel we are headed down a path to join Italy and Greece . No talk of paying down debt or cutting red tape to encourage business and industry. People are seemingly happy with a government that tells them how to think, behave, a government that picks winners and losers, as long as the those people are bought off with housing subsidies, child subsidies, energy rebates, etc. Standby for guaranteed annual income, national pharmacare, and national daycare.

I hope Trudeau is around for the financial day of reckoning, the day the people lending the government money will say enough!  Ask Chrétien and Martin what that was like. No more downloading program costs to the provinces. They are broke too. Again, do people realize this or even care. 

Since 2007/08, combined federal and provincial net debt (inflation-adjusted) has doubled from $1.0 trillion to a projected $2.0 trillion in 2020/21. In 2020/21, combined federal and provincial net debt is expected to equal 91.6% of the Canadian economy, up from 65.2% last year.”

Sadly, we will all eventually suffer for Trudeau’s utopian dreams.

Oh....hot off the press....after the disastrous years of the liberals, and now Covid..this is new Ontario reality...

”Deep deficits are then expected to continue for several subsequent years, and Ontario will be facing about a half-trillion dollars of total debt by 2024.” (Of course the teachers unions aren’t happy).

But it’s ok...thousands of green jobs in clean tech are just around the corner.

 

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One of my young minions (and definitely my favourite) expresses disgust at how many of her friends think the last year has been some magical dreamland of free money and good times that they never want to end. Giving up travel and bars for no real expectation they will get out of bed before 14:00 seems like a dream come true.

If you're guessing she wasn't born in Canada you're correct.

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1 hour ago, boestar said:

Magical dreamland of free money......They haven't filed their taxes yet,,,,,All debts come due

 

 

Waiting 25 months for Godot's first pandemic budget 

Expect extravagant spending in the guise of investment, undeserved self-congratulation, wokeness on steroids, empty promises of fiscal rectitude and soak-the-rich cash grabs

Last Friday marked two years since the last federal budget, the longest such gap ever, including during two world wars. So it is timely to consider the significance of the unprecedented delay, the parlous state of Canada’s finances and the possible content of the budget, all while waiting for Godot, who now apparently will show up on April 19th, precisely 25 months after his last visit.

The federal government has exploited the COVID-19 pandemic to avoid scrutiny of expenditures that have created an eye-watering deficit of $380 billion and driven the national debt up to almost $1.1 trillion. People are focused on their health and tolerant of massive spending to help their fellow citizens who have been devastated by government-mandated closures, and even some who were not. That explains the lacklustre public reaction to a government that has imposed a crushing financial burden on this generation and the next with minimal oversight or transparency and no fiscal anchor.

Over the last year, many members of the Fourth Estate have abdicated their core mission to hold power accountable and became apologists and even cheerleaders for dubious Liberal tactics. Our national broadcaster has abandoned any pretence of objectivity by downplaying the erosion of our democratic traditions and the conventions of responsible government. Where was the outrage? Freed from mainstream media criticism and abetted by a complicit NDP, Prime Minister Trudeau stymied Parliament, covered up the WE scandal and spent hundreds of billions of dollars without submitting to detailed review by the House of Commons what turned out in many cases to be badly flawed programs.

His next cynical move will be to engineer an election this year, calculating that by lavishing cash on voters he can win before the dire consequences of his profligacy start to bite. And bite they will, but not immediately.

That federal help was more generous than necessary is revealed by the paradox that although many small businesses have closed insolvency firms have been laying off employees for lack of work. Firms that were about to file for bankruptcy were bailed out by government funding; landlords did not evict delinquent tenants lest premises remain vacant; financial institutions deferred loan payments; and income taxes were postponed.

On top of it all, Finance Minister Chrystia Freeland promises $100 billion in stimulus spending over the next three years — despite what is likely to be an explosion of pent-up consumer demand financed by a huge spike in disposable cash, partly from government handouts to people who clearly did not need the money to buy food or other essentials and saved it instead.

Even so, the Canadian Federation of Independent Business predicts over 239,000 businesses may not reopen, an unsettling backdrop for the government in power. And rising interest rates portend a looming liquidity squeeze for mortgage borrowers, highly indebted small and medium-sized enterprises and maxed-out consumers.

It is no surprise that Mr. Trudeau has signalled his pre-election budget will not inflict brutal tax hikes on most Canadians. That won’t happen until after he gets his coveted majority — it would be terribly naive to believe campaign assurances to the contrary. When this budget finally does arrive, we can expect extravagant spending in the guise of investment, undeserved self-congratulation, wokeness on steroids, empty promises of fiscal rectitude and soak-the-rich cash grabs.

Speculation is rife about a wealth tax on individuals with a net worth of over $20 million. That NDP favourite may appeal to Freeland who, inspired by French Marxist Thomas Piketty, has long been mesmerized by income inequality. It would be much less popular among the Liberal Party’s ultra-wealthy inner circle. According to the Parliamentary Budget Office, 14,000 families (many of them Liberal voters) might end up paying $5.6 billion. Whether the tax would actually raise that much money depends on the “behavioural response” to it, which Liberals typically pooh-pooh — even as they adjust their own portfolios to maximize tax advantages. It clearly would generate endless virtue-signalling about fairness and fuel the politics of envy.

 

There is also much conjecture about a possible increase in the capital gains inclusion rate, which would impact the roughly half of Canadians who own stocks directly or through mutual funds. But it would discourage savings and capital formation, undermine growth, unfairly target inflationary gains and produce a lock-in effect. A succession duty or tax on principal residences, even with sizeable deductions, would be poorly received by voters. Definitely off the table for now is a major hike in personal income tax rates or the GST. Unlike the other measures, they would bring in significant revenue but are vote-killers.

Federal fiscal forecasts are already off the rails, due to an increase in interest rates caused by rising demand and inflation. If interest obligations grow faster than GDP, Canada will eventually hit the wall, with credit downgrades and a financial crisis. For a spendthrift progressive government encroaching on the NDP base, that may seem boring stuff, the obsession of economists and always-suspect conservative prognosticators. Unfortunately, confronting the tedious has a way of becoming unavoidable when the bailiff starts pounding on your door. The scandal-ridden Liberals may be gone by then and it will be up to the next government to bring back fiscal prudence and parliamentary democracy to a population suffering a severe bout of buyer’s remorse.

Joe Oliver was minister of finance 2014-15.

https://financialpost.com/opinion/joe-oliver-waiting-25-months-for-godots-first-pandemic-budget?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR3XoLZwvam9atKQRkrUZ5n4BVBaTUIiQxBfL76JdEgRCCulbOArpHYydjE#Echobox=1616669095

Edited by Jaydee
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On 3/25/2021 at 5:29 AM, boestar said:

Magical dreamland of free money......They haven't filed their taxes yet,,,,,All debts come due

 

You know those Antipodean workers at Canadian ski resorts that had trouble getting back home a year ago.

The Federal Government decided that they should get CERB payments

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  • 2 weeks later...

Don Martin: It's a stimulus budget all right -- for votes in the next election

Published Monday, April 19, 2021 7:51PM EDT
 
 
 
 
 
 
 
 
 
Volume 90%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Finance Minister Chrystia Freeland says 'women have been fighting' for a national childcare plan for years, and her government will deliver.
The federal government unveiled the 2021 budget, with $101.4B in new spending. Omar Sachedina breaks down the key points.
Pollster Nik Nanos discusses the 2021 federal budget and the advantage the Liberal Party holds if an election were called.
Federal Finance Minister Chrystia Freeland delivers the Liberals' 2021 budget in the House of Commons.
Finance Minister Chrystia Freeland unveiled the federal government's 2021 budget, the first since the COVID-19 pandemic began.
In Quebec, reactions to the federal budget focused on money allotted to childcare.
Conservative Leader Erin O'Toole says Canadians can expect the Liberal o 'incur massive new financial commitments' in 2021 federal budget.
 
 
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OTTAWA -- Reading the federal budget spending spree as it scrolls on for 720-plus pages, a certain numbness takes hold.

The columns traditionally assigned millions of dollars are now given extra zeros to become billions in what my CTV colleagues tallied up as 280 handouts in Monday’s epic fiscal blueprint for 2021.

It was a super-spreader event for spending. 

 

Complete Coverage special promo image

Budget 2021: Government unveils $101.4B in new spending, with deficit declining

How the 2021 federal budget impacts you

New taxes on vaping products, tobacco proposed in federal budget

Luxury tax on yachts, cars and personal aircraft laid out in new federal budget

Quick highlights from the federal budget

Liberals pledge $30B for child care with eye to reducing fees

Ottawa adds $1B to broadband fund for rural, remote communities

Highlights from Chrystia Freeland's speech and reaction

Criminal pardons would be less expensive, easier to get under Liberal budget plan

Liberals pledge $18 billion for Indigenous communities

Your health and the federal budget: Long-term care standards, vaccine production, more

Money promised for military sex misconduct fight, NORAD upgrades

Long-term plan for affordable housing topped up in federal budget

Liberals spend billions on clean technology, target private sector

Several votes following budget could trigger an election, at least in theory

Federal government's extension of CEWS in budget is some good news for CFL franchises

Read the full federal budget document here

Finance Minister Chrystia Freeland’s first budget had something everywhere for everyone who might conceivably enter the polling booth with Liberal-leaning inclinations.

Some moves were incremental, others were revolutionary.

Supported boosts for the wine sector, farmers, entrepreneurs of every minority, the CBC and that old election-goodie of fixing up small craft harbours were among the incremental variety.

And then there’s the revolutionary signature move, a $30-billion kickstart that could make $10-a-day child care as much of a Canadian birthright as Medicare. More about that later.

But it’s not until the devilish details buried in the back pages where the dilemma dawns.

Freeland advance-billed her budget as a $354-billion-deficit rescue mission to save Canada from a devastating pandemic.

But, but, but, right there in the budget forward the document proclaims that “the Canadian economy is poised to come roaring back. The rebound has already started.”

Indeed, the oracles of economic forecasting are projecting buoyant optimism above where they were just six months ago.

The 4.8 per cent growth spike is now forecast to be break-necking at 5.8 per cent, an unsustainable howl of economic activity. And it will rocket-boost another four per cent next year as unemployment drops quickly to pre-pandemic levels.

And yet, Freeland seems intent on painting this Roaring 20s rerun as a smouldering economic ruin in need of a government-financed, red-inked rebuild.

She couldn’t even stay below the cap she imposed on herself last fall when she mused about $70-to-$100 billion worth of upcoming economic stimulus. She went right off the fiscal guardrails to go $1.4 billion above that outer marker.

Of course, there are victims of this unprecedented health care horror who deserve unprecedented support.

Extending assistance programs to those stuck at home while the third wave pounds the non-essential workforce into a stay-at-home lifestyle is a justified broadening of the safety net.

And child care help is a Liberal pledge dating back decades which has been exposed by this pandemic as vital to helping spouses return to the workforce.

Once in place with provincial partnership, it will never be dismantled and we may wonder why it took this long to launch a program that returns up to $6 for every government dollar invested.

Meanwhile, lost in the slosh of deficit spending, some pandemic casualties were strangely overlooked.  

It’s still tough luck for the frustrated wannabe first-time homebuyer facing obscene price increases in real estate.

The national pharmacare program remains in palliative. 

And any boost in health transfers to help struggling provinces is simply ignored because, after all, transfers to areas of provincial jurisdiction don’t shine any light on the federal brand.

But this is not anything like a classic budget. 

It’s a document rooted more in social engineering than stimulus, one painting the economy in many shades of green and one clearly immune from the risk of being defeated by unified opposition in the House of Commons.

This is the Trudeau government taking advantage of pandemic panic to launch the spending of Liberal ideological dreams.

They know voters are scared right now and increasingly pointing the finger of blame for third wave woes at provincial premiers.

And they’re well aware voters are wide open to government help in these helpless times and disinclined to fret how their grandkids will pay for it.

If this document screams anything, it is indeed a form of stimulus – not for the ailing economy, but for polling numbers in an election campaign they’re salivating to launch this summer or fall.

That’s the bottom line

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Blacklock’s Reporter, we follow the money.


April 23, 2021 www.blacklocks.ca


• Government will never raise carbon tax, Environment Minister promises, follows identical 2019 pre-election promise prior to 240% hike 


• Government will never tax Canadians' home equity, finance secretary promises


• Documents filed in House of Commons show proposed “extreme wealth" tax affects only 16,000 Canadians


• MPs question what became of $2 billion ‘Safe Return To Class Fund’ earmarked to Covid-proof classrooms: "This is purely wrong” says Liberal MP


• Canada Mortgage and Housing Corporation okays $246,000 research project to find homes for ex-convicts who have difficulty getting a lease or mortgage

 

https://www.blacklocks.ca/?fbclid=IwAR0oVxcZYPxiNOR3jPJPaYFd0nsQI8h4HQQyxJQPhouJgmvsE4ygh7UwgCw

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NDP promises foreign buyers' tax, half a million new homes to cool housing market

OTTAWA — NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers' tax and "massive" investment in housing to chill a boiling-hot real estate market

Singh's election campaign-style promise, unveiled today at a virtual news conference, proposes to pour $14 billion into housing construction to help build 500,000 units over four years.

It also aims to drive down increasingly unaffordable rental and home prices that have rippled beyond Toronto and Vancouver into outlying towns and cities from Nova Scotia to British Columbia's Fraser Valley.

The pledge seeks to outshine last month's federal budget by the Liberals, who plan to spend $2.4 billion over five years on affordable housing and follow through on a pledge to tax non-residents who own vacant homes in Canada at one per cent of the assessed value.

In B.C., a 15 per cent foreign buyers' tax imposed in Metro Vancouver in 2016 — since raised to 20 per cent and expanded to other communities — had a short-term cooling effect, but prices have been on a stratospheric rise for the past two-and-a-half years, spiking at in recent months.

Experts say a countrywide tax on non-resident home buyers amounts to a ham-fisted approach to real estate, which comes down to local conditions, and could have unintended consequences in tourist spots such as Banff and Mont-Tremblant.

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  • 2 weeks later...

Contrary to popular opinion on this topic.

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Analysis: The path to a Trudeau majority this spring is in the West

David Akin  1 hour agoimage.png.c249b3d4cbc3338ddb3daed7b79dfae2.png

A bevy of recent polls, including one done exclusively for Global News by Ipsos, show that Justin Trudeau's Liberals enjoy the kind of support that would likely translate into a majority government if a Canadian election were held this month.

But a deeper dive into the numbers shows one regional shift that is perhaps startling — any general election this spring that would bring the Liberals back to a majority would be powered by gains in Western Canada.

Based on a Global News analysis of five polls released this month, Trudeau’s Liberals might pick up as many as 17 seats west of Ontario — including in Alberta and Saskatchewan — if an election were held this spring. All of those seats would come at the expense of Erin O’Toole’s Conservatives.

Jagmeet Singh’s New Democrats also appear to be showing some strength in Western Canada and could pick up more seats in Alberta and B.C., also at the expense of the Conservatives.

The Global News analysis shows support for Yves-Francois Blanchet's Bloc Québecois ebbing in Quebec versus the support it received in the 2019 election, a development that, if it held through to a general election, would see the BQ losing a handful of seats to the Liberals.

Mapping the combined results of those five polls against Canada’s 338 ridings, the analysis shows that the Liberals would comfortably eclipse the 170 seats needed for a majority. The Liberals hold 154 seats now and need the support of at least one of the Conservatives, BQ, or NDP to win any confidence vote.

Read more: Majority of Canadians say election during COVID-19 would be unsafe, unfair: poll

The Conservatives would be a significantly weakened official opposition, if current polling levels held in a general election, losing as many as 20 seats versus the 119 they hold now. The NDP would leapfrog the BQ to become the third party in the House of Commons.

In its poll released Tuesday, Ipsos found that among the 818 Canadians surveyed May 12-14 who said they were decided or leaning towards a particular party, 38 per cent would vote Liberal, 29 per cent would vote Conservative, 21 per cent would vote for the NDP and five per cent would choose the Greens. Ipsos found the BQ had 30 per cent of the support of decided or leaning Quebec voters — just slightly under the 31.8 per cent of support it received in the 2019 election.

Ipsos is the fifth pollster to release horse-race numbers this month and they are all broadly similar in their results so far as the national trend goes. Where Ipsos had a nine-point Liberal lead over the Tories, Innovative Research (May 5) was at the high end with a 13-point Liberal lead while Abacus Data (May 12) was at the low end with a two-point Liberal lead.

And the trend of Liberal dominance in the 107 public polls released since O’Toole became leader last August continues. Of all those polls, the Liberals led the Conservatives in all but two: On Sept. 25, Nanos found the Tories tied with the Liberals and on Sept. 1, Angus Reid Institute found the same — a tie.

Read more: A first look at Canada’s next federal election battlegrounds

And while the Conservatives continue to set record fundraising numbers that easily eclipse all other parties, the demonstration of loyalty and generosity by its base is not translating into broader support.

Many in the party had been hopeful that O’Toole, an Ontario MP, would help move his party’s numbers in that province — a province where the Conservatives must absolutely do better than 2019 to have any hope of winning government.

But there is little movement among all parties right now in Ontario. The Global News analysis of the five polls finds that of the 3,163 Ontarians surveyed by those five pollsters this month, just under 29 per cent would vote Conservative. That compares with 33 per cent who voted Tory in the 2019 general election. The Liberals won 41 per cent of the popular vote in 2019 while the Global News poll analysis puts them at 42 per cent right now. But those numbers translate neither into huge losses nor gains for any party. Of the 121 seats in Ontario, perhaps five would change hands if current polling levels matched a general election.

By contrast, Western Canada seems more politically volatile. Among the 104 seats in the four provinces west of Ontario, as many as 21 seats could move to another party.

Nowhere is that volatility more evident right now than in Alberta. In the 2019 election, a whopping 69 per cent of voters cast their ballots for Andrew Scheer’s Conservatives, translating into a win of 33 of 34 seats there. But O’Toole’s Conservatives have not been polling anywhere near that level for months. Again, aggregating the results of the five polls out this month, which surveyed a combined 1,031 Albertans, O’Toole’s Conservatives are at 45 per cent — a drop of more than 20 points versus the 2019 result under Scheer.

Read more: O’Toole talks a good game about change, but let’s see the follow-through

Meanwhile, Trudeau’s Liberals, who won 14 per cent of the vote in Alberta in 2019, are now polling at about 22 per cent. And Jagmeet Singh’s NDP is at 20 per cent now in Alberta versus 12 per cent in 2019. Net result: a very good chance that, in a general election this month, the Conservatives would lose five seats — two in Calgary and three in Edmonton — of which four would go Liberal and one would go NDP.

It’s not much better for the Tories in Saskatchewan, where Scheer’s Conservatives won 64 per cent in 2019 to sweep all 14 seats in the province, where support for O’Toole’s Conservatives is now at 41 per cent in the Global News model. Meanwhile, the Liberals are at 28 per cent versus 12 per cent in 2019 and the NDP is at 24 per cent now versus 20 per cent in 2019. The Conservatives would still dominate the Saskatchewan seat count but would likely lose two seats, one each to the Liberals and the NDP.

And in British Columbia, the Liberals could have their biggest gains of any province, knocking out as many as nine Conservatives, mostly in the lower mainland but also potentially in Kamloops and Kelowna.

David Akin is the chief political correspondent 

 

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From another POV

John Ivison: O'Toole closes gap with Trudeau amid discontent among centrist voters

John Ivison  2 hrs ago
Has Erin O’Toole turned a corner?
%7B© Provided by National Post Conservative Party leader Erin O'Toole has been gaining support amid frustration over Prime Minister Justin Trudeau's handling of the COVID-19 pandemic.

Three out of four opinion polls released in the last week have his Conservative Party neck-and-neck with Justin Trudeau’s Liberals.

Leger poll of 1,516 adults for Postmedia suggests 32 per cent of decided voters would vote Liberal, if an election were held tomorrow, compared to 31 per cent for the Conservatives and 18 per cent for the NDP. That is a much tighter political picture than in late January, when there was a nine point gap between the two front-runners.

The Leger poll coincides with an Angus Reid Institute survey that showed the Liberals with 34 per cent support, compared to 32 per cent for the Conservatives, and an Abacus Data poll that had exactly the same numbers. (An Ipsos poll appeared on Tuesday that had the Liberals well ahead on 38 per cent support, compared to 29 per cent for O’Toole’s party but that is out of step with the other polls.)

It is clear that Canadians are impatient with governments at all levels, as they look south of the border and see Americans enjoying their spring. The Leger poll suggested 63 per cent of respondents feel their trust in the federal government has been eroded by the pandemic. Half said they feel the government’s border policy has been ineffective.

O’Toole has been trying to ferment that disquiet. “You look at those kids in the nightclub in the U.K. and just realize, ‘Man, we screwed this up’,” he told The Line’s Jen Gerson. “Since the Middle Ages, they’ve been controlling the border to stop the spread of pandemics. (But) minister (Patty) Hajdu said it was ineffective at the beginning of the outbreak.”

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On 5/7/2020 at 9:40 PM, Jaydee said:

I don’t foresee an election until at least fall of 2021. Too many newbie MP’s of all stripes don’t have their 6 years in yet in order to qualify for their golden parachute pension for life.

:whistling:

 

“ Dozens of MPs stand to lose access to pensions if they're defeated in an early election”

More than 90 Liberal MPs — including 23 ministers — could lose access to pensions in an early election 

For the 142 MPs elected for the first time on October 19, 2015, defeat in an election taking place before October 19, 2021 would deprive them of access to an MP's pension.

At a minimum, they could lose a retirement allowance of just over $32,000 per year starting at age 65. This amount is indexed and becomes more generous based on the number of additional years of service.

https://www.cbc.ca/news/politics/mps-lose-pension-early-election-1.6042861

Edited by Jaydee
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On 5/31/2021 at 1:47 PM, Kargokings said:

Liberal Campaign Slogan:

Vote Liberal  if we lose the election, all the $$$$ promised for 2022 and beyond by Justin will be nothing but a pipedream . image.png.55061a81cc1015427d3ad8dd0118f584.png

Most Liberal promises are pipedreams anyway

 

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If Justin wanted to impress the average western voter, he would stop giving away our money to other countries, acknowledge he has put future generations into debt they will never be able to pay for and instead give away money to other countries from his $$$,$$$,$$$ trust fund.

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