EntrepreneurOne

Mastering the art of making money online and sharing strategies that work. Join me in the journey of turning clicks into cash.

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@MarkJCarney Brookfield Asset Management posts 11% profit boost in first quarter, raises $21-billion

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Brookfield Asset Management posts 11% profit boost in first quarter, raises $21-billion

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@Dave_Eby

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@Dave_Eby Reddit
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From a $5.7 billion surplus to an $11.6 billion deficit: How did B.C.'s finances go astray?

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@Dave_Eby In summary, while BC has experienced periods of economic growth, recent trends indicate a challenging economic environment characterized by high deficits, declining per capita income, and the need for strategic fiscal management to ensure sustainable growth moving forward.

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@Dave_Eby Calls for Fiscal Discipline: Organizations like the Canadian Federation of Independent Business (CFIB) are urging the provincial government to exercise fiscal discipline and limit spending to address the growing deficit and debt concerns.

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@Dave_Eby Cautious Projections: Economists predict that BC's economic performance may decline further in 2025, with growth rates revised down to 1.5% for 2025 and 1.3% for 2026. This reflects a broader trend of economic uncertainty and potential underperformance compared to historically

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@Dave_Eby Impact of Mega-Projects: The completion of significant projects like the Site C Dam and LNG Canada has led to a temporary boost in employment and productivity. However, as these projects wind down, the province is struggling to maintain economic momentum.

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@Dave_Eby GDP Growth: BC's real GDP growth has been underwhelming, with a 1.8% decline in GDP per capita in 2024, marking the second-worst performance among Canadian provinces. This follows a 0.8% decrease in 2023, indicating a troubling trend of shrinking economic output per person.

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@Dave_Eby Rising Debt: The province's debt is expected to increase significantly, potentially reaching over $212 billion by 2027-2028, up from about $155 billion currently. This raises concerns about the sustainability of public finances.

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@Dave_Eby Economic Deficit and Financial Challenges
Record Deficit: BC's provincial government is projecting a record deficit of $11.6 billion for the 2025-2026 fiscal year, largely due to the elimination of the carbon tax and global trade uncertainties.

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@Dave_Eby British Columbia's economy is facing significant challenges, including a record high deficit, declining GDP per capita, and the aftermath of major construction projects, leading to a cautious economic outlook.

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@JasJohalBC the reason we don't have good ferries is because the NDP complained about the fast ferries when there was absolutely nothing wrong with those ferries. The NDP are the most incompetent party ever thats why there were stickers that had NDP NFG looking like a BC Licence

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My 2025 wrap on NightCafe https://t.co/R1dipYuxjH #aiart #nightcafe #digitalart via @NightcafeStudio

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My 2024 wrap on NightCafe https://t.co/vIXzyH8ls6 #aiart #nightcafe #digitalart via @NightcafeStudio

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@PM_ViktorOrban ONZO

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@CTVNews The Deterioration of Canada's Finances Internationally | Fraser Institute

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@HedyFry The Deterioration of Canada's Finances Internationally | Fraser Institute

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@ABDanielleSmith @s_guilbeault The Deterioration of Canada's Finances Internationally | Fraser Institute

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@ISED_CA The Deterioration of Canada's Finances Internationally | Fraser Institute