Trudeau Is Going To Bury Us In Debt
- Thread starter Decapoda
- Start date
financial news of note : housing was the biggest inflation driver this past quarter as prices rise 2.4%
any time you have other asset classes in trouble money flows to housing (look what has happened since 2008 )
housing has long since replaced gold as a safe haven.
any time you have other asset classes in trouble money flows to housing (look what has happened since 2008 )
housing has long since replaced gold as a safe haven.
Of course there's a catch.
Why you won’t want Trudeau’s $5,000 EV rebate
More virtue signalling than good public policy, Trudeau’s EV subsidy speaks to good intentions but bad planning
What’s perhaps even more interesting is the Liberal’s choice of $45,000 as the break point for this subsidy — vehicles with a “manufacturer’s suggested retail price” greater than 45-large are not eligible for the federal rebate. While choosing $45,000 as the limit may seem politically astute — so as not seen to be a sop to rich Tesla buyers— it’s horribly obvious that no one in the Liberal finance department spent even a minute researching the actual price of electric vehicles. If they had, they would have quickly determined that $45,000 was a particularly unfortunate/inconvenient/market-altering cut-off.
To wit:While some of the new major players — Nissan’s Leaf and the Chevrolet Bolt, for instance —have base MSRPs just below $45,000, their popular trim levels are all well above that demarcation. For instance, while Chevrolet’s base Bolt EV starts at $44,800, the Premier versions go for $49,800. Indeed, of the 403 Bolts currently for sale on Chevrolet Canada’s online auction, only 54 would qualify for the rebate. Nissan’s Leaf is in the same boat: While the two base modelsdo sneak in under the $45,000 mark, the two more popular versions of the new, longer-range Leaf Plus are both over $45,000. And pity poor Hyundai — the Kona Electric — hardly what anyone would consider a“luxury” vehicle — starts at $45,599 and will not be eligible for the new federal rebate.
What about businesses buying a bunch of EV's for fleet vehicles? There's precedent for this as well...
In the Netherlands, which tried a similar business-oriented subsidy, leasing company Arval reported that corporate-driven Opel Amperas — the European version of our Chevrolet Volt — were consuming 80% more fuel than their government rating. It seems that while Dutch corporations loved the tax exemptions, the people actually driving their plug-in write-offs, not nearly as sold on their emissions-reducing benefits, weren’t bothering to plug them in. Instead, they often drove them as if they were simply gasoline-powered.
You would imagine incorrectly.
The budget allocates $300 million over three years for a national $5,000 incentive for purchases of eligible vehicles priced less than $45,000.
Porter said the cap appears to be an effort to head off criticism the incentives are aimed at consumers who can afford expensive vehicles, suggesting the Liberals’ target market is long distance commuters in regions including the GTA.
Key federal budget items explained by experts
Pretty much sums up Trudeau's leadership overall. Of course some of us knew this long ago, others are just catching up.
Idiot compares himself to a genius. Spells the genius's name wrong. Now THAT's entertainment. :lol:
It's called being self-employed and only having one vehicle. You keep a log of how much you use it for work and you can deduct the business use portion. No different really than writing off part of your housing expenses if you have a home office or run your business out of your home.
Is your daughter working in the PRIVATE and for PROFIT private day care sector?????????????????????
Or is she one of the PRIVILEGED Quebec ELITES benefiting from that $11 billion dollar federal LIE- beral transfer payment GIFT to Quebec that is being used to ensure that Quebec daycare workers are WELL COMPENSATED???????????????????
Or maybe your daughter is one of the privileged ELITES working in the Ontari-owe school system day care deal that LIE-berals created so they could get a bunch more civil service union Hogs squeezed onto the LIE-beral gravy train at HUGE COST to tax payers!!!!!!!!!!!!!!!!!!!!!!!!!
That Wynne-bag LIE-beral $16 billion dollar deficit did not create itself you know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Or maybe your daughter is working for one of the LIE-beral sponsered day care deals down east in a place like Nova Scotia.............
where ANY govt wages are comparatively HIGH......................and house prices are LOW???????????????????????
So before we accept your statements about your daughter and how virtuous and frugal she ALLEGEDLY IS..............WE FIRST NEED honesty and clarity about her situation!!!!!!!!!!!!!!!!!!!!!
Wenn Sie ein richtiger Kerl wären, hätten Sie keine kommunistischen Freunde.
POOR STUPID HOID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
He does not understand ANYTHING about the private sector!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
he does not understand how many people use their personal vehicle for BUSINESS!!!!!!!!!!!!!!!!!!!!!!!!!
Traveling to sales meetings and work sites and sometimes hauling materials or stock etc...................................
Hoid thinks most working Cdns spend their days spouting BULLSH+T about FAILED LIE-beral policy as he does!!!!!!!!!!!!!!!!!!!!!!!!!!!
Talkingtogether talks to his German alter ego .......................and they still talk at cross purposes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!