BAD NEWS: Liberals, NDP "tentative" agreement to keep Trudeau government in power until 2025

[cc]

Liberals, NDP have tentative deal that would keep Trudeau government in power until 2025



The federal Liberals and the New Democrats have worked out a tentative agreement that if finalized, would keep Prime Minister Justin Trudeau's government in power until 2025, in exchange for progress on longstanding NDP priorities, CTV News has confirmed.

https://www.ctvnews.ca/">https://www.ctvnews.ca/



This is not how democracy is supposed to work. We are finished .. by 2025 there will not be enough of Canada left to put it back together

[Oliver Clotheshoffe]

[Anonymous]

[Frood]

All of you need to turn out and trucker convoy that worthless and arrogant motherfucker.

[Anonymous]

Trudeau says the deal is a "confidence and supply" agreement and it takes effect today.



This kind of agreement, which is a version of the deal the B.C. NDP struck with the Greens in that province in 2017, generally involves an opposition party agreeing to support the government on confidence motions and budget or appropriation votes for a certain period of time.



Trudeau says it is about focusing on what each party agrees on, rather than disagrees on, and adds that will include action on areas such as dental care, [size=150]climate change[/size], housing and paid sick leave.

[cc]

Climate, already a Lib biggy will get even more monies and affect lives even more ...

i.e. needlessly set the country back further



Actually, Trudy is quite happy to move further left especially on climate



Question is .. is this democracy? Is this what people voted for? Backroom deals instead of floor discussion?

[Anonymous]

Climate, already a Lib biggy will get even more monies and affect lives even more ...

i.e. needlessly set the country back further



Actually, Trudy is quite happy to move further left especially on climate



Question is .. is this democracy? Is this what people voted for? Backroom deals instead of floor discussion?

Democracy is dead in Canada. Seizing bank accounts and jailing dissidents like Tamara Lich was a warm up for what's coming.

[Anonymous]

The Liberals/NDP  are laying the groundwork for a larger, structural deficit beyond three years. New pharma-care program will be an $11 billion dollar a year by 2025. You add on universal dental care, you're easily adding about half a percentage of GDP on to your structural deficit.



At a time when inflation is squeezing Canadians' pocketbooks and the economic outlook is fraught with uncertainty, we need to ask ourselves whether more spending, more debt and bigger government are really what's needed. As our country emerges from the pandemic, we should be doubling down on policies to strengthen economic growth. The right path is to grow the economy to pay for new spending measures – not the other way around.

[Anonymous]

Liberals, NDP have tentative deal that would keep Trudeau government in power until 2025



The federal Liberals and the New Democrats have worked out a tentative agreement that if finalized, would keep Prime Minister Justin Trudeau's government in power until 2025, in exchange for progress on longstanding NDP priorities, CTV News has confirmed.

https://www.ctvnews.ca/">https://www.ctvnews.ca/



This is not how democracy is supposed to work. We are finished .. by 2025 there will not be enough of Canada left to put it back together

We are so frickin screwed.

[Anonymous]

I am afraid that this unofficial coalition could have some dire consequences for Canadians.



Frank Stronach: Out-of-control government spending hurts average Canadians

It's high time that we forced our political leaders to stop spending more than they take in



Because countries are able to print money, they can postpone the process of going broke for a long time. But eventually even countries do go bankrupt, with Argentina being one of the more prominent examples in recent history. That country's bankruptcy decimated the wealth and savings of millions of citizens. Or consider Greece. Following the economic meltdown in 2010, Greece was rescued with one of the biggest financial bailouts in history, but in turn the country was forced to adopt a number of austerity measures that included higher taxes and reduced pensions for seniors.



Canada is not immune from experiencing the same sort of slide into bankruptcy. On the contrary, at the rate we're going, we're moving closer and closer toward that scenario. Canada's debt-to-GDP ratio in 2021 was approximately 109 per cent — the same percentage as Greece just a few short years before it was bailed out. In other words, the amount of money Canada owes is more than the amount we produce in goods and services. That's never a good sign.



Governments have the power to raise all the money they need through taxation. So why do governments borrow money? And why do financial institutions not only willingly lend governments money but encourage them to borrow even more? The truth of the matter is this arrangement suits both governments and financial institutions. Banks prefer the safety and security of government bonds over riskier investments in private industry, and governments prefer spending borrowed money rather than raising taxes and risking the wrath of voters. As a result, I believe we need to handcuff the ability of governments to borrow money by lobbying for legislation that will permanently prevent politicians from spending more revenue than they collect in taxes.



In any sort of national economic collapse, like the one that happened in Greece, the wealthy will be hurt the least, since they will have the greatest number of opportunities to protect their assets and move their money to safe havens. The poor and those living on welfare assistance will get poorer, as the state will inevitably have to start cutting social benefits because of falling tax revenues and because a higher percentage of the government budget will have to go toward paying the interest needed to finance the debt.



The middle class will also be hit hard. These are the people who will also have the most to lose, from personal retirement funds and government pensions, to devalued properties, higher tax burdens and reduced buying power. The decline in the value of a country's currency — one of the inevitable consequences of debt – means a decline in purchasing power, especially for a country that imports most of the products its citizens buy.



But the ones who will hurt most are our children and grandchildren — the people who will be shackled with the obligation to pay back money that we borrowed.



Every citizen can feel deep down in their bones that the country's growing mountain of debt is a problem. Our political leaders are driving us deeper and deeper into debt and we're getting to the point where we may never be able to repay the debt we owe. It's high time that we forced our political leaders to stop spending more than they take in.



There is no escaping the consequences of runaway government spending and debt: one way or another, we will all have to pay for it. In the final analysis, we're harming our children's and our grandchildren's futures.

https://nationalpost.com/opinion/frank-stronach-out-of-control-government-spending-hurts-average-canadians">https://nationalpost.com/opinion/frank- ... -canadians">https://nationalpost.com/opinion/frank-stronach-out-of-control-government-spending-hurts-average-canadians

[Anonymous]

The Liberals/NDP  are laying the groundwork for a larger, structural deficit beyond three years. New pharma-care program will be an $11 billion dollar a year by 2025. You add on universal dental care, you're easily adding about half a percentage of GDP on to your structural deficit.



At a time when inflation is squeezing Canadians' pocketbooks and the economic outlook is fraught with uncertainty, we need to ask ourselves whether more spending, more debt and bigger government are really what's needed. As our country emerges from the pandemic, we should be doubling down on policies to strengthen economic growth. The right path is to grow the economy to pay for new spending measures – not the other way around.

More spending, but less revenue from resources to pay for it. We are totally screwed.

[Anonymous]

Welcome to white libtard fascism. Freedom and prosperity are overrated according to these liberal brown shirts.

[Anonymous]

This guy could be on to something.



Is this deal, the death of the NDP party?

It is not dirty because it is within the rules. However, there will be repercussions during the next election. My prediction, the NDP will be the big losers at the ballot box.

>Strong Conservative voters will not change their votes.

>Left-leaning Conservative voters who often swing to the Liberals will think the Liberal party has gone too far to the left and will remain in the Conservative camp.

>right-leaning Liberals will think the Liberals are too far left and may vote conservative. After the past Trudeau governments. there probably aren't too many of them left, to negatively impact the Liberals.

>Left-leaning Liberals will be happy because their party is in the driver's seat and will stay put.

>Anti-Conservative (NDP voters) who fear a Conservative government may vote for the Liberals because they are going to get a Liberal gov't anyways and the NDP will be unable to vocally oppose a legislation they have to support. So why bother voting NDP? This will be a big segment.

>Anti-Trudeau (NDP Voters) won't vote Conservative and they hate the corruption of the Trudeau Gov't. They will probably vote for the Greens.

>The NDP voters who support the NDP because they think they will never form government but will hold a Liberal or Conservative gov't accountable may feel betrayed by the deal. They will vote Green because the NDP opposition will be neutered.

My prediction is a 25% bleed in NDP seats. There are loyal partisans who will always vote NDP. The Greens are disorganized and won't gain a significant amount of seats leaving the Liberals to scoop up a majority gov't. Canada will move closer to a two party system.

[Anonymous]

An NDP-Liberal coalition isn't serious about reconciliation when they ally with special interest groups who are undermining First Nations who have been working so hard to grow their energy projects and achieve self-determination.

[Anonymous]

Last September, Singh called Justine an "abject failure" who had "made things worse, not better." Around the same time, Singh also told an interviewer he was "afraid" of Justine. "I'm afraid he's going to let our kids have no hope for the future," he said.