lol No worries. I'm just razzing you.
Not from me. I am an Anna, a Sue would be my youngest daughter.
Canada's Federal Election 2015: The Official Thread
- Thread starter mentalfloss
- Start date
Very roughly Walter- we already have 12% P.S.T. + G.S.T. in British Columbia, income tax can anywhere from 0- 30% depending on who you are, add liquor and tobacco taxes, property taxes, gasoline taxes and then there's permits and levies etc. etc. Granted 40% was a pretty wild guess and I'd welcome hearing another figure. Oops forgot airline taxes that can be anywhere up to 30%.
Economists agree the budget surplus is of no economic value.
Doug Porter, chief economist with BMO Financial Group:
“First, it’s not a huge shock, as the preliminary figures were pointing to a similar outcome. Second, the size of the improvement versus initial estimates is quite modest; a surplus of 0.1 per cent of GDP versus a deficit of 0.1 per cent – that’s almost rounding error from a financial market standpoint.
Jim Stanford, economist with Canada’s largest private sector:
“While the existence or disappearance of a small deficit is economically irrelevant, the means by which the budget was balanced is important. In the Conservative government’s case, this was accomplished through a sustained, premature, and damaging fiscal tightening that began shortly after the government received its majority mandate in 2011. Real, crucial public services have been damaged by this austerity: services ranging from Coast Guard bases to veterans’ offices to Statistics Canada to food and railway safety inspections.
“This small surplus does not represent a ‘triumph.’ It represents the extent to which Canadian economic policy has been subverted to short-term political calculus.”
Craig Alexander, vice-president, economic analysis with the C.D. Howe Institute:
“From an economic point of view, it really didn’t matter whether Canada balanced in 2014 or 2015 or 2016 because the size of the projected deficit was very, very small relative to the size of the economy, so it wasn’t dramatic … It was in fiscal year 2014 and what really matters now is 2015.
Three economists on balancing the federal budget | Ottawa Citizen
Doug Porter, chief economist with BMO Financial Group:
“First, it’s not a huge shock, as the preliminary figures were pointing to a similar outcome. Second, the size of the improvement versus initial estimates is quite modest; a surplus of 0.1 per cent of GDP versus a deficit of 0.1 per cent – that’s almost rounding error from a financial market standpoint.
Jim Stanford, economist with Canada’s largest private sector:
“While the existence or disappearance of a small deficit is economically irrelevant, the means by which the budget was balanced is important. In the Conservative government’s case, this was accomplished through a sustained, premature, and damaging fiscal tightening that began shortly after the government received its majority mandate in 2011. Real, crucial public services have been damaged by this austerity: services ranging from Coast Guard bases to veterans’ offices to Statistics Canada to food and railway safety inspections.
“This small surplus does not represent a ‘triumph.’ It represents the extent to which Canadian economic policy has been subverted to short-term political calculus.”
Craig Alexander, vice-president, economic analysis with the C.D. Howe Institute:
“From an economic point of view, it really didn’t matter whether Canada balanced in 2014 or 2015 or 2016 because the size of the projected deficit was very, very small relative to the size of the economy, so it wasn’t dramatic … It was in fiscal year 2014 and what really matters now is 2015.
Three economists on balancing the federal budget | Ottawa Citizen
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Ah the last vestige of the defeated.
I'm sure there will be a healthy boost for the conbots in the polls.
I'm sure there will be a healthy boost for the conbots in the polls.
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Economic issues, not the refugee crisis, at the top of mind for Canadian voters
Economic issues, not the refugee crisis, at the top of mind for Canadian voters: Ipsos poll - National | Globalnews.ca
uh oh...:lol:
David Coletto @Colettod
NDP voter pool shrinks by 6-points. LPC and CPC holds steady New Poll https://shar.es/17nxY5 #elxn42 #cdnpoli
Economic issues, not the refugee crisis, at the top of mind for Canadian voters: Ipsos poll - National | Globalnews.ca
uh oh...:lol:
David Coletto @Colettod NDP voter pool shrinks by 6-points. LPC and CPC holds steady New Poll https://shar.es/17nxY5 #elxn42 #cdnpoli
I'm actually surprised the refugee crisis is even on that list.
Just goes to show how much Harper borked that issue.
Also, you're fear mongering when the NDP is still in the lead?
What happened to your astroturfing skills?
You had one job!
Just goes to show how much Harper borked that issue.
Also, you're fear mongering when the NDP is still in the lead?
What happened to your astroturfing skills?
You had one job!
RD Simper @RDSimper Glad @davidakin broke down some of the numbers. Sure breaks down some narratives. #cdnpoli #elxn42
Lol at the spin.
You're supposed to be comparing projected budget numbers to actual numbers.
Not 2015 to 2014 numbers lol
I thought conbots were supposed to be good at the economy stuff.
You're supposed to be comparing projected budget numbers to actual numbers.
Not 2015 to 2014 numbers lol
I thought conbots were supposed to be good at the economy stuff.
You are funnyto watch. I don't think I have seen anyone back paddle as fast as you are.
When it was a 1.5billion dollar deficit, you were screaming for tar and feathers, now that it is a 1.9billion surplus, you want to poop on it
When it was a 1.5billion dollar deficit, you were screaming for tar and feathers, now that it is a 1.9billion surplus, you want to poop on it
Get used to it, the Conservatives will probably win because they've proven they are fiscally responsible!
Get used to bad spin because the Conservatives deserve to win the election.
That makes plenty of sense.
Well I guess it's consistent at least as it's still bad spin.
That makes plenty of sense.
Well I guess it's consistent at least as it's still bad spin.
I can read.
Federal departments left $8.7 billion unspent last year
But federal departments and agencies also chipped in by handing back an estimated $8.7 billion for different programs that had been requested — and in some cases publicly announced — by the government and approved by Parliament.
Speaking at an event in Kamloops, B.C., Harper seized on the surplus to bolster his economic credentials heading into the second half of this year’s marathon election campaign. He dismissed concerns about the unspent billions, including whether the measures may have pushed the economy back into recession.
Last year’s lapse, as unspent federal funds are called, was anything but normal. The Conservatives’ own budget plan in April, which projected only a $7.2-billion lapse, said government spending through February was “well below the historical average.” Spending to that point was also “at the lowest level in a decade.”
Federal departments left $8.7 billion unspent last year | Ottawa Citizen
Katewerk @katewerk #Mulcaring: "Here's some money, you ignorant old rednecks." #NDP #elexn42 http://www.smalldeadanimals.com/2015/09/this-bigotry-br.html …
Lorrie Goldstein Verified account @sunlorrie Nanos: Nightly Ballot Tracking:
Conservative (31%),
NDP (30.4%)
Liberal (29.6%),
Green (4.8%) -
3-day Tracking Ending Sept. 14 #cdnpoli