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Chrystia Freeland’s fall fiscal update pledges nearly $30-billion in new COVID-19 spending over six years

Chrystia Freeland’s fall fiscal update pledges nearly $30-billion in new COVID-19 spending over six years

 

Finance Minister Chrystia Freeland has released a fall fiscal update that sets aside almost $30-billion over six years for additional pandemic spending, including $4.5-billion specifically to respond to the Omicron variant.

The update also states that the $40-billion announced this week to compensate First Nations children and to reform Canada’s child-welfare system will be spread over seven years, with the government booking almost a quarter of that amount in the fiscal year that ended more than eight months ago.

Tuesday’s update was released on the same day as the tabling of the public accounts, the official books of what was spent in the previous fiscal year, which ended March 31. The update says last year’s deficit – covering the height of the pandemic –

 $354.2 billion

 

The deficit for the current fiscal year is now projected to be $154.7-billion.

A senior government official said the decision to add $9.6-billion of the almost $40-billion cost of the package for First Nations children to last year’s books was done through consultation with the Auditor-General. The Globe and Mail is not identifying the official because they briefed reporters during a media lockup on the condition that they not be named.

 

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14 hours ago, Jaydee said:

The update also states that the $40-billion announced this week to compensate First Nations children and to reform Canada’s child-welfare system will be spread over seven years, with the government booking almost a quarter of that amount in the fiscal year that ended more than eight months ago.

“ Nothing is more permanent than a ‘temporary’ government program.”

 

 

20968DBE-4087-4B5A-8713-E008F75B2416.jpeg

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“!Instead of reversing this high-cost, high-inflation agenda, today the government announced yet another $71 billion of inflation spending, costing nearly $5000 for every family in Canada. Worse, they plan to raise taxes on energy, wages and alcohol on January 1st."

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Greetings......

 

To All My Liberal Friends:

 

Please accept with no obligation, implied or implicit, my best wishes for an environmentally conscious, socially responsible, low-stress, non-addictive, gender-neutral celebration of the winter solstice holiday, practiced within the most enjoyable traditions of the religious persuasion of your choice, or secular practices of your choice, with respect for the religious/secular persuasion and/or traditions of others, or their choice not to practice religious or secular traditions at all. I also wish you a fiscally successful, personally fulfilling and medically uncomplicated recognition of the onset of the generally accepted calendar year 2022, but not without due respect for the calendars of choice of other cultures whose contributions to society have helped make Canada great. Not to imply that Canada is necessarily greater than any other country nor the only country in the Western Hemisphere . Also, this wish is made without regard to the race, creed, color, age, physical ability, religious faith or sexual preference of the wishee.

 

To All My Conservative Friends:

 

Merry Christmas !!

Edited by Jaydee
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:head::head::head:
How Trudeau spent YOUR Borrowed EMERGENCY $$$$

Private ski club runs big surplus…..buys new snow-making gear, largely thanks to federal COVID relief

 

An exclusive Ontario ski club accumulated an $815,000 surplus after receiving more than a half-million dollars in federal wage subsidies during the pandemic, using the windfall to upgrade its snow-making system and make other capital improvements.

Mansfield Ski Club in Mulmur, Ont., about 100 kilometres northwest of Toronto, enjoyed a banner 2020-21 fiscal year, according to financial statements obtained by CBC News.

With increased revenue from membership dues, initiation fees and $563,371 in Canada emergency wage subsidy (CEWS), the resulting surplus was 15.6 times greater than the $52,000 reported in the prior fiscal year, when the not-for-profit club received $65,645 in CEWS support.

"This season's solid financial position (primarily driven by the wage subsidy and high level of initiation fees) has made essential capital work possible and also provided us with the funds to replace our 50-year-old snow-making compressors, a year earlier than planned," club treasurer Gary Walters wrote in a report to members earlier this fall.

Walters described the 2020-21 season as the club's "best new member year in several decades," with the club collecting $492,000 in initiation fees. Mansfield charges new members a one-time, $15,000-per-family buy-in. 

Even with fewer ski days due to pandemic restrictions, Mansfield's bottom line improved, with a decline in operating revenue more than offset by fewer expenses. The club reported $2.889 million in overall revenues — $147,000 more than in fiscal 2019-20.

https://www.cbc.ca/news/canada/mansfield-cews-surplus-snow-making-1.6285652
 

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:Scratch-Head: First Trudeau couldn’t get along with Trump , now he can’t get along with Biden …maybe the US isn’t the problem child.

 

“ Prime Minister Justin Trudeau is instructing his top economic ministers to take tough positions on trade issues amid growing disputes with the U.S., potentially signaling a more protectionist approach from Canada. 

The marching orders were contained in mandate letters to cabinet ministers released Thursday afternoon, nearly three months after Trudeau was re-elected to a third term in September.

The letters to Canada’s finance, trade and procurement ministers all included language that could be seen as a veiled threat to counter Buy American policies put forward by President Joe Biden’s administration -- a notable change of tone from a prime minister who has been a strong proponent of open trade.

Finance Minister Chrystia Freeland’s mandate letter sets out a reciprocal procurement policy that “will ensure goods and services are procured from countries that grant Canadian businesses a similar level of market access.”

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On 12/8/2021 at 8:38 PM, st27 said:

Yeah, I’m sure the Afghans would rather wait in terror while the liberals make sure they have a nice place to come to…..funny how the libs weren’t so concerned for the welfare of the bogus refugees that they allowed to walk into the country at Roxham road.

 

From a previous post where our new immigration minister was trying to cover the ass of his pos boss….I hope this will be a reminder for them choosing an election over helping our allies:

Quote

A 10-year-old girl was shot and killed by the Taliban while her family was waiting for the federal government to bring them to Canada. Her father had worked for the Canadian military in Afghanistan and they had been approved for resettlement. The family was driving through a Taliban checkpoint in Kandahar on Dec. 10 when gunmen fired on its vehicle. Aman Lara, an organization that’s providing support to Afghans who meet Canada’s resettlement criteria and is working to get people out of the country, confirmed that the family is on its evacuation list. Bashir, the father of Nazifa, the girl who was killed, told Global News through an interpreter that he is asking the Canadian government “to help us get out of this country, and get us out of this fear we are living in now.”


our pm escapes scrutiny again……is this why parliament recessed a day early? (They said it was Covid but Trudeau escapes another question period!)

 

 

Taliban shoots dead 10-year-old Afghan girl whose family was waiting for Canada to rescue them
JANICE DICKSON
THE GLOBE AND MAIL
PUBLISHED DECEMBER 16, 2021
UPDATED 12 HOURS AGO

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Unbelievable!!   sockboys’s vanity has taken Canada to a new low…..rather than listen to unflattering questions as he got out of a car, he had his security rough up a reporter…just like in the dictatorships he admires so much….seems he has also made his mind up on which media groups are bona fide… saving Canadians from having to decide for themselves……and yes, this involves Rebel media, but a citizen of Canada shouldn’t be beaten up for just standing on a sidewalk, posing no threat to anybody. Sadly, another black mark for the current government.

 

 

And don’t expect coverage from other outlets….Trudeau has ensured them to toe the party line through $$$$payments

(unless this happened to a CBC reporter).

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A knee jerk reaction to a crisis……so where are they now?
 

Quote

The 40,000 ventilators the government ordered came with a $1.1-billion price tag. Few ventilators were made in Canada before the pandemic and most of the companies awarded contracts had to start from scratch. To date, the government has received just 3,210, but they also haven’t been needed.

According to Canadian Institutes of Health Information, there are approximately 75,000 hospital beds in Canada, but having a bed is just half of the problem. Chagla said even if all 40,000 ventilators the government ordered were put into service, you would still need the doctors, respiratory technologists and critical care nurses to operate them.

Some of them may unfortunately be stockpiled, which is not the end of the world. We will have pandemics in the future and hopefully the stock that’s being bought up in Canada is relatively future proof.”

From a year ago:

https://nationalpost.com/news/politics/manufacturers-start-to-deliver-40000-ventilators-but-with-lower-demand-canada-may-not-need-them 

 

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Life under Liberalism…
 

  • "Nothing is normal anymore, everything is a crisis," writes Kelly McParland. "We have a climate emergency, a global pandemic and a crisis of democracy, all at the same time. We keep finding new terms to ramp up the anxiety factor. We no longer have weather, we have heat domes, atmospheric rivers and polar vortexes. We face emergency lockdowns, border bans, growing debt and rising inflation. The Arctic is melting, the forests are burning. “Now is not the time to travel,” our (latest) health minister informs us piously."

 

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“ Care about workers rights? Forget about socialism “

Adam Zivo: If you care about workers, the best thing to do is to improve capitalism by mitigating its monopolistic impulses, which, in practice, means supporting free enterprise and competition

 

“ One of socialism’s great myths is that it maximizes the prosperity of workers," writes Adam Zivo in the Post's Capitalist Manifesto series. "Yet historically, the opposite has been true. Rather than emancipate the working class, socialism crushes it under the yoke of exploitation. Instead of uplifting labour activists who call for fairer wages and better working conditions, socialist countries have often punished them with beatings and imprisonment."

 

https://nationalpost.com/opinion/the-capitalist-manifesto-care-about-workers-rights-forget-about-socialism?utm_source=Sailthru&utm_medium=email&utm_campaign=NP Platformed newsletter 2021-12-22&utm_term=NP_Comments

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