So, I've slept on it, and I am still incensed about this condo bailout.
Mining and Oil & Gas companies have to beg, BEG, to sell our natural resources, which pay Canadians billions in taxes and royalties.
And then the Feds give that money to condo developers who "don't want to sell at a loss".
Are you effing kidding me?
Anyway, let the BOC know I've solved the mystery of Canada's weak productivity!
@ronmortgageguy Does this mean that someone who bought into one of these condos gets his/her money back?
Or does it mean that there will be a mixture of social housing and condo owners (a recipe for disaster, not to mention a further devaluation of the condo value)?
@GreatBig_Sea@andrewaperez@OntLiberal Kind of agree. The state of Canada is not completely a Ford issue. Although his Reagan ad was a contributing factor and a stupid move.
But it can be explained by stating the obvious.
Ford is a Provincial Liberal.
@GasPriceWizard Once their OAS is clawed back and their houses are taxed to pay for a combination of increased EI usage and company bail-outs.
And the final kicker will be the Liberal government realizing that they have to raise income taxes, to pay for the debt servicing charges.
Fife on Carney being a Commons no-show "Well, I think it's a serious issue."
"But the fact of the matter, when he's in Canada, he rarely shows up at the House of Commons."
"And that's a real to me as a really serious concern."
"You have a responsibility, the Prime Minister, to show up and take questions."
So where is column, article or Globe editorial, Bob? @RobertFife
@WorkingCdns No penalty for lying in Parliament. Just being stupid will be up to the voters in her riding the next election. However as Forest Gump said, "stupid is as stupid does".
Mark Carney thought he picked the perfect Budget Officer to protect his fiscal fairy tale.
He picked the wrong person.
Today in committee, Annette Ryan dropped the bombshell:
The government’s own fiscal plan to bring the deficit-to-GDP ratio down has **less than a 1% chance** of actually happening.
That’s not my words. That’s the Parliamentary Budget Officer’s office saying there’s a **99% chance** the Liberals’ numbers are pure fiction.
Kelly Block asked the obvious follow-up:
“So for the average Canadian watching at home… there’s a 99% chance the government’s plan doesn’t unfold the way they say it will?”
Annette Ryan: “I think that is a fair statement.”
She then laid out the risks: trade war with the U.S., Middle East chaos hitting oil and supply chains, and wildly inflated stock markets that could unwind painfully.
Meanwhile, the same government that can’t even hit its own cooked-up targets is still spending like drunken sailors, importing millions more people, and sending billions overseas while Canadians can’t afford rent or groceries.
This is the same crowd the ex-military veteran warned about yesterday — the one saying if they don’t fix this, we’re heading for civil war in ten years.
Now their own numbers guy just admitted the plan has a **1% chance** of working.
Carney didn’t accidentally pick an honest person.
He picked someone who just torched his entire economic pitch in front of the country.
The mask is off.
#cdnpoli #Carney #LiberalFail #Budget #CanadaFirst
Tobi, since a few Conservative MPs betrayed their constituents & joined the Liberals earlier this year, the Liberals have a majority.
Essentially they can initiate and pass any legislation they want.
The only thing that can stop them is public pressure.
But people barely even hear about these Bills because legacy media is covering for Carney / Liberals non-stop by scaring people with “orange man bad” never ending rhetoric.
From late last night where the Liberals shut down all debate & discussion regarding Bill C-22
Frank Caputo @FrankCaputoKTN lets it be known how absolutely abhorrent it is that the Liberals have shut down all debate & discussion regarding Bill C-22 which has unbelievable privacy & constitutional issues. They just pushed through amendment after amendment with votes.
Do you know what the G7 leaders didn't discuss? Climate change.
No one cares about carbon tax.
No one cares for decarbonized oil.
No one volunteered to increase costs on their economy. They want predictable and reliable supply.
Time for Mark Carney to move beyond his wealth transfer engineering and green agenda fantasies and listen to the market.