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Re: Forum gossip thread by formosan

Justin Troodo

Started by Obvious Li, October 07, 2012, 06:47:47 PM

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Herman

Canadians had higher incomes than Americans when Obama was in the White House and Stephen Harper was in 24 Sussex Drive in Ottawa. Man, has Justine ever destroyed this country.


https://www.msn.com/en-ca/money/topstories/gunter-canadian-cities-on-low-end-of-employment-income-scale/ar-AA1fOUtj?ocid=mailsignout&pc=U591&cvid=12d66ea23e9d416cae2887700215e636&ei=32
This week, Vancouver's Fraser Institute put out tables showing the median employment income in the 141 largest cities in North America.

San Jose, California, the home of Silicon Valley, has the best-paid population with a median income of nearly $74,000 a year (in Canadian dollars). New York City is eighth at $56,700. And Chicago is 22nd at $50,700.

Our top performer, Ottawa, clocks in at just $45,500, more than a third lower than San Jose. Ottawa is smack dab in the middle of Ohio rust-belt cities Cincinnati and Cleveland.

Canada's runner-up is Edmonton (54th), another government town full of well-paid civil servants. Oil hub Calgary, which is third in Canada, is just 72nd on the continent. Very middling.

Government pays extremely well in both countries. Washington, D.C. is third overall with a median annual income of just over $64,000.

Surprisingly, perhaps, Toronto (127), Vancouver (131) and Montreal (134) had incomes just over half that of the chart toppers.

Curiously, as Fraser points out, the largest Canadian cities have among the worst-paid populations in our country. Toronto, Montreal and Vancouver together represent about a third of Canada's population, yet are all in the bottom 10% continent-wide.


Canada's 14 largest cities are clustered near the bottom of the list.

The highest-ranked Canadian city is Ottawa because bureaucrats have higher incomes on average than private-sector workers. Still, our nation's capital was only 53rd best on the continent.

San Jose, California, the home of Silicon Valley, has the best-paid population with a median income of nearly $74,000 a year (in Canadian dollars). New York City is eighth at $56,700. And Chicago is 22nd at $50,700.

Our top performer, Ottawa, clocks in at just $45,500, more than a third lower than San Jose. Ottawa is smack dab in the middle of Ohio rust-belt cities Cincinnati and Cleveland.

Canada's runner-up is Edmonton (54th), another government town full of well-paid civil servants. Oil hub Calgary, which is third in Canada, is just 72nd on the continent. Very middling.

Government pays extremely well in both countries. Washington, D.C. is third overall with a median annual income of just over $64,000.

Surprisingly, perhaps, Toronto (127), Vancouver (131) and Montreal (134) had incomes just over half that of the chart toppers.

Curiously, as Fraser points out, the largest Canadian cities have among the worst-paid populations in our country. Toronto, Montreal and Vancouver together represent about a third of Canada's population, yet are all in the bottom 10% continent-wide.

Meanwhile, in the U.S., the largest cities also tend to be the richest centres.

These calculations recall work done three years ago by University of Calgary economist Trevor Tombe, which showed that only Alberta among the provinces had per-capita Gross Domestic Product equivalent to the upper third of American states. Even Ontario and Quebec had per-capita GDPs closer to Louisiana, Alabama and Kentucky.

These dismal numbers are not solely the result of eight years of Trudeau government economic policy. But since coming to power in 2015, the Liberals have made things much, much worse with their higher taxes (particularly carbon taxes), their massive increase (+40%) in the size of the federal civil service, their lack of attention to our falling innovation, productivity and investment numbers, our declining standard of living and, now, our soaring housing prices and general inflation.

Incompetent and negligent are not too strong to describe the Trudeau government's handling of the Canadian economy.

Take, for instance, its self-defeating immigration and housing policies.
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DKG

Third, that's where Justin Trudeau's Liberals rank among voters born after 1979. Those are the shock numbers from the latest poll by Abacus Data that doesn't offer any good news for Trudeau.

The truth is, Trudeau's Liberals don't lead in any age group just like they don't lead in any part of the country.

This is why Poilievre leading strongly among voters between the ages of 18 and 44 is so important, it's these voters who put Trudeau into office in the first place and now, eight years on, this same group is having second thoughts.

Young people leaving Trudeau's Liberals would have been unthinkable even two years ago. In the last Abacus poll showing age breakdowns before the 2021 election, Trudeau's Liberals were polling at 43% among those aged 18-29 and competitive in every other age group.

The Conservatives have long held a lead over Trudeau and the Liberals among male voters but struggled to bring women into the fold. Now, in poll after poll, women are more likely to say they will vote Conservative than Liberal.

The latest Abacus numbers have 35% of women saying they will vote blue compared to 26% for the red team and 22% for the orange team. Among men, 41% say they will vote Conservative, 25% Liberal and 16% NDP.

These are shocking numbers for Trudeau's Liberals and should send shockwaves through the entire apparatus. It's one poll, voters are fickle, things could swing back but this is the strongest poll in Poilievre's favour in a string of polls showing momentum for the Conservative leader.

Abacus also found 56% of Canadians think Trudeau shouldn't run again, just 27% think he should and 17% don't know. Among those who voted Liberal in the last election, one in four say Trudeau should go.

Meanwhile, perceptions of Poilievre are improving and according to Abacus, those new ads are working.

Summer isn't often a time for a significant political shift, in fact, governing parties often do better during the summer recess with the daily glare of Question Period creating bad headlines for them.

This summer, there has been a marked shift that started in June and continues now. If this shift holds, get ready for big changes in Canadian politics.
https://torontosun.com/opinion/columnists/trudeaus-liberals-at-third-among-younger-voters-must-sting

This is now a trend. Will Trudeau resign. Stay tuned.

DKG

Even the reliably liberal Toronto Star ran a column headlined "This is what happens when Justin Trudeau neglects issues that really matter to Canadians."

Trudeau has proven he can ride out scandals such as Blackface, ethics violations, alleged groping and condescension toward Aboriginals wanting nothing more than clean drinking water on the reserve.

Unless you are Aboriginal, none of those scandals impact you where you live. No amount of Conservative bluster about the prime minister's lack of moral character has had an impact on the Liberals' base.

Polling in Atlantic Canada shows that in just two months the Liberals dropped from 50% support to 32%. Now that's a drop!

What caused it? A carbon tax.

Does Trudeau have enough ego to want to go out on top, explaining that he has served long enough, recent personal events make it time to spend more time with family, etc.?

Possibly. Nobody likes to lose.


Herman

A recent Abacus Data poll found that 56 per cent of Canadians thought Trudeau should step down and allow a new Liberal leader to take his place. In June, another Abacus survey found that an incredible 81 per cent of respondents wanted "a change in government."

In the world's other Westminster democracies, this is usually the point where a leader either resigns voluntarily or is forced out by a caucus desperate to retain their party's hold on power.
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Herman

#109
It is looking dire for Justine. The prog leaning Abacus polling firm has Pollivere's Conservatives with a fourteen point lead over the Liberals. The Conservatives are in big majority territory now.

https://abacusdata.ca/conservatives-open-up-a-14-point-lead-over-the-liberals-as-poilievres-personal-rating-turns-positive/
If an election were held today, 40% of committed voters would vote Conservatives with the Liberals at 26%, the NDP at 19% and the Greens at 4%. The BQ is at 30% in Quebec.


This is after an Angus Reid poll had the Conservatives with a twelve point lead. This is a trend not a poll or two. Canadians are sick and tired of Justine and we want him gone.

Herman

Justine was in India for a G20 summit. Indian prime minister Narendra Modi. While Justine was snubbed by Modi, Joe Biden had a bilateral meeting and Australian PM Anthony Albanese had one on the schedule. Modi also held official meetings with the leaders of Italy , Japan , the United Kingdom , Mauritius and Bangladesh.

The Indian pm does not take Justine seriously. He is a smart guy.

DKG

This is one of the reasons why Pollivere is soaring in the polls.

PM's green plans will raise cost of housing

While the Trudeau government is readying a new plan to increase affordable housing, it's a good time to look at what its green energy plans will do to the cost of housing for Canadians.

In a new study for the fiscally conservative Fraser Institute, Guelph University economist Ross McKitrick says they will increase the price of a new home by an average of 8% across Canada, or by $55,000 by 2030.

McKitrick estimates the costs will be highest in B.C. at $78,093 followed in descending order by Ontario ($71,818); Quebec ($38,070); Alberta ($35,499); Nova Scotia ($30,677); P.E.I ($28,369); Manitoba ($26,894); Saskatchewan ($26,436); Newfoundland and Labrador ($22,966) and New Brunswick ($22,144).

In "Wrong Move at the Wrong Time: Economic Impacts of the New Federal Building Energy Efficiency Mandates", McKitrick estimates this will reduce Canada's total greenhouse gas emissions by just 0.9% and lower Canada's GDP by 1.8% by 2030.

McKitrick says the main reason for the higher costs is a proposal in the Trudeau government's Building Energy Efficiency components of its 2030 Emissions Reduction Plan that requires energy consumption in new residential buildings to be reduced to 65% below 2019 levels by 2030.

"These are very high costs to impose on Canadians at a time when the economy is struggling and housing is already unaffordable for so many people," McKitrick said.

These increased costs don't just apply to new homes.

The C.D. Howe Institute reported last year that it would cost up to $18,000 to retrofit existing homes.

That study by Charles DeLand and Alexander Vanderhoof, "Only Hot Air? The Implications of Replacing Oil and Gas in Canadian Homes", concluded that "even in an extreme scenario where no new emitting buildings came on the market after 2022, emissions only fall by about 26% to 2030, still not enough to meet government targets (of 42%)."

That said, the cost of lowering residential housing emissions drives home the reality that carbon pricing raises the cost of almost everything.
https://torontosun.com/opinion/editorials/editorial-pms-green-plans-will-raise-cost-of-housing
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Thiel

Justin Trudeau has announced a GST holiday to encourage home building. In provinces that have an HST, it has the potential to save 13 percent on construction costs.

Do you know what his plan is to reduce grocery costs? Threaten an excess profits tax on companies like Loblaws if they do not lower food prices. How will grocwery retailers respond to Jagmeet Singh's beloeved excess profits tax? They will raise the price of food for Canadians. :crazy:

A simple way to lower food costs and encourage building is give a carbon tax and clean fuels tax holiday. Watch food prices drop as transportaiton and growing costs are lowered and passed on to families.
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gay, conservative and proud

JOE

#113
Even this seemingly Liberal Supporter admits the Liberals are slipping drastically in the polls:


Thiel

Quote from: JOE on September 18, 2023, 02:18:17 AMEven this seemingly Liberal Supporter admits the Liberals are slipping drastically in the polls:

Hi Jo Jo :jawdrop:
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DKG

It turns out that unrestrained eugenics is not the only thing out of the Third Reich that Justin Trudeau's Liberal Party of Canada has found cause to celebrate.

After Ukrainian President Volodymyr Zelenskyy delivered an address to the Canadian Parliament on Friday, Liberal House Speaker Anthony Rota lavished praise on a 98-year-old who had served with Heinrich Himmler's Waffen-SS in World War II. Trudeau and his socialist ally Jagmeet Singh, head of the NDP, joined Rota and their respective parties in honoring the Nazi veteran with two standing ovations just days ahead of Yom Kippur.

House Speaker Rota, a parliamentary member of Trudeau's Liberal Party, invited Yaroslav Hunka to Parliament, introducing him Friday as a war hero "who fought [for] the Ukrainian independence against the Russians and continues to support the troops today."

The Western Standard reported that among those cheering on Hunka was Ya'ara Saks, a Liberal member of Parliament who previously accused the peaceful trucker convoy protesters of being Nazis, claiming that "honk honk" "is an acronym for 'heil Hitler.'"

Trudeau, who similarly cheered on the Nazi veteran, previously accused Conservative politicians who supported the trucker convoy of standing with "people who wave swastikas" whilst his own government discussed possibly using German Leopard 2 tanks on unarmed protesters.

DKG

This year, the Trudeau government is on track to spend almost $500 billion (equivalent to almost 18% of Canada's Gross Domestic Product), with $447 billion for programs and services and the remainder for interest payments on the federal debt, which now stands at $1.9 trillion — more than double the level a decade ago.

Federal spending has climbed significantly over time, with a dramatic jump under Prime Minister Justin Trudeau's administration. Back in 2015-16, annual spending was running at $295 billion. Total federal expenditures have therefore risen by two-thirds in just eight years, comfortably outpacing the growth of Canada's population and economy.

On the other side of the fiscal ledger, Ottawa expects to receive $457 billion in revenues in 2023-24, which is 56% more than it collected in 2015-16.

Where does all this money come from?

Surprisingly, the national government relies heavily on a single revenue source — personal income tax (PIT). Indeed, depending on the year, 45% to 50% of all federal revenues come from the PIT.

As the Chartered Professional Accountants of Canada and other prominent organizations have argued, Canada's tax system has become creaky, inefficient and needlessly complicated. Tax compliance costs continue to escalate. To fashion a tax system suited for a 21st-century economy, policymakers must re-tool and simplify our cumbersome and growth-inhibiting income tax system.

If a future federal government decides to pursue broad tax reform, it should commit to reducing the role of income tax in providing revenues. When provincial taxes are added to those levied by Ottawa, top combined marginal tax rates exceed 50% in seven provinces; these top rates apply at income thresholds well below those in peer jurisdictions including the United States and the United Kingdom. In Canada, the income tax burden is excessive for skilled workers, managers, professionals, innovators, top researchers and entrepreneurs — in other words, the people we need to drive wealth creation, fuel business growth and build a more productive economy. Today, a growing number of talented individuals with these kinds of qualifications and experience are either leaving Canada or contemplating doing so, due in part to uncompetitive income taxes.

A reformed tax system should lower income tax rates for most households and reduce the role of tax preferences, loopholes and special rules that often serve to increase complexity. Most economists agree that lower tax rates and a broader tax base would be positive for economic growth in Canada. But the tax system also must provide the revenues needed to fund the government sector, which is why it's important to keep spending in check and avoid the helter-skelter expansion of government programs seen under Trudeau's watch.
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Oerdin

That anyone would still vote LP amazes me.

JOE

#118
Quote from: DKG on September 27, 2023, 02:17:20 PMThis year, the Trudeau government is on track to spend almost $500 billion (equivalent to almost 18% of Canada's Gross Domestic Product), with $447 billion for programs and services and the remainder for interest payments on the federal debt, which now stands at $1.9 trillion — more than double the level a decade ago.

Next administration that comes in is gonna have ta cut.

...even if it's the Liberal Party.

They can't keep on spending like that.
Unfortunately the Party will have to come to an end.
And it'll be a rude shock for some who have become beholden and too dependent on the Government teat.

Imagine that if it's a Conservative administration, particularly a Majority guv, will take out the axe.

If like-minded socialist countries like France, Sweden and Norway are cutting the welfare state & pensions for their own citizens, Canada can't be too far behind. All 3 of them raised the retirement ages for pensions recently.

Post 2025 election Canada might be a grim place for many.

DKG

Trudeau is looking to slash $1 billion from the budget of the Department of National Defense. This government has wasted hundreds of billions of dollars that have caused inflation and reduced living standards, yet the only cuts to spending they will make are to the one federal department that has not seen any largesse.
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