Canada in a 'very good fiscal situation' to run deficits

MHz

Time Out
Mar 16, 2007
41,030
43
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Red Deer AB
I would like to suggest the oil patch worker from AB that was told to 'hang in there' be given the first medical pot card and check back and see how unemployment is then.

He could write a book and that would solve his 'problem'. 'What To Do When There Is nothing To do.'
 

Johnnny

Frontiersman
Jun 8, 2007
9,388
124
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Third rock from the Sun
Like i said im going to wait till i make a conclusion on the economy...

And while i wait i will continue to read about how household debt is increasing across the country, how the bank of Canada almost lowered the interest, how people are fighting for crap jobs but we still bring in foreign nationals to do those jobs because they will work for cheaper, how retirement for my generation is a dream unless i save all that money i don't have now... etc etc etc

Oh what am i talking about i must of dreamnt those last points in a nightmare or something because the economy is doing well and those things arent happening right now as i speak...

what am i talking about

:p
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
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HMMMMMMMMMMMMMM
HMMMMMMMMMMMMMM
HMMMMMMMMMMMMMM
HMMMMMMMMMMMMMM
HMMMMMMMMMMMMMM
HMMMMMMMMMMMMMM

That's the sound of the Royal Canadian Mint's printing presses gearing up to produce LOTS more Canadian dollars!

Yaahooo! The Liberals are back!
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
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RR1 Distopia 666 Discordia
And as Canada is governed by the citizens guess who gets stuck with the debt. Of course the bridges and highways will be named J Treudow this and J Truedow that and never be paid off while any of us are still sucking air.

How can we be in good fiscal condition when the GDP is not and tax revenues are down. I suspect good means something else in this case. Perhaps we are in good condition to be raped by the fukking banks again. We have to borrow to print. The paper is debt and debt is money.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
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All of you must be more intelligent than the Governor of the Bank of Canada.

I mean, clearly, I'm just posting this because I want to rile you all up and because I know that, deep down, a TV mogul like Kevin O'Leary knows more about the economy than Poloz does.


Also, you're all very sad and will continue to be until you die.