It's Official! Conservative Surplus......

lone wolf

Grossly Underrated
Nov 25, 2006
32,493
210
63
In the bush near Sudbury
Mararet Atwood is exactly the kind of elitist, arrogant, condescending twit that the people of Canada, in general, don't give a damn about.

And, she couldn't write a decent obituary. I tried reading her......nope.

So.... When do we get to read one of your many books? My money's on Maggie....
 

Socrates the Greek

I Remember them....
Apr 15, 2006
4,968
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Colpy here my point about Quebec and Margaret Atwood.........

It is no coincidence that the Bloc has this week enjoyed a resurgence, mostly at the Tories' expense. That Gilles Duceppe's party has risen several points in the polls to hover around 40 per cent in the province is partly owing to opposition to the Conservatives' anti-crime strategy, which has helped light a fire under Mr. Duceppe. But in Quebec, unlike elsewhere in the country, arts funding is widely viewed as an essential component to maintaining a unique cultural identity. Even fairly small cuts of $45-million to that funding, accompanied by Mr. Harper's sneering about "ordinary people" not caring about the arts, have allowed Mr. Duceppe to play to previously waning nationalist impulses.
 

Scott Free

House Member
May 9, 2007
3,893
46
48
BC
1.7 billion dollars in plunder!

Which group of political elite bastards will return it to us (the rightful owners) that's what I want to know.
 

Avro

Time Out
Feb 12, 2007
7,815
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Oshawa
This morning bureaucrats from the Finance Dep't released their regular report........in the first four months of the fiscal year of 2008 (up to the end of July), the Canadian gov't has had a surplus of 1.7 billion dollars.

So much for the accusations of Conservative deficit spending.........it is not happening.....just more bafflegab and BS.

I never thought Colpy would be happy that we were over taxed by 1.7 billion.:-?
 

Walter

Hall of Fame Member
Jan 28, 2007
34,884
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WALTER ARE YOU OUT OF YOUR MIND?????:roll:
Economists praise Canada's debt reduction record

Last Updated: Wednesday, September 27, 2006 | 4:08 PM ET

CBC News


Many economists say Canadians should congratulate themselves for the steady progress in reducing the country's national debt.
At a time when many industrialized countries are still running deficits, the federal government announced this week that Canada's national debt will drop by another $13.2 billion when last year's fiscal surplus is applied to debt repayment.





Canada's Budget Surplus to Shrink to C$2.3 Billion (Update4) Wed Feb-27-08 12:20 AM

By Theophilos Argitis



Feb. 26 (Bloomberg) -- Canada's budget surplus will shrink to the lowest since 2004 in the next fiscal year and to the smallest in a decade in the year after that, as the country suffers from the U.S. economic slowdown.
Finance Minister Jim Flaherty released a C$239.6 billion ($244 billion) budget today that projects a C$2.3 billion surplus for the fiscal year that starts April 1, down 77 percent from the current year. The surplus will drop further to C$1.3 billion in 2009-10, the smallest since 1998.
Revenue will drop this year for the first time since 2001, leaving the government little room for new tax cuts and spending programs as Prime Minister Stephen Harper seeks to protect a decade of consecutive budget surpluses in the world's eighth- biggest economy.
``We've prepared well for a period of slowdown,'' Flaherty, 58, told Bloomberg Television today, calling his budget ``prudent'' and ``realistic.''
The Bank of Canada says the country's economic growth will slow to 1.3 percent by the middle of 2008, compared with 3.7 percent in the same period last year. The government today lowered its own forecast for 2008 growth to 1.7 percent from an October projection of 2.4 percent.
Revenue will decline 1.1 percent to C$241.9 billion next fiscal year, from C$244.5 billion. Program expenses will rise 3.4 percent to C$208.1 billion, about half the projected pace for the fiscal year that ends next month.
Sending Signal
Canada has benefited from a global commodities boom that allowed governments to reduce the national debt by almost C$100 billion since 1997 even as spending rose. Debt reduction over the next three years will total C$6.6 billion, compared with C$37 billion over the previous three years.

Paying off Turdoh and Baloney's debt.
 

GreenFish66

House Member
Apr 16, 2008
2,717
10
38
www.myspace.com
The Conservative surplus came from ripping off Seniors at the Casino's!!!...Bus them in, keep them there till the bus picks them up...At $60 every 20mins...WOW!...where did the rest of the money go!...Do we really need a Casino every 30mins away(ontario)?..Good money grab!..Of course the liberals started this!...GREED !
 

Socrates the Greek

I Remember them....
Apr 15, 2006
4,968
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Economists praise Canada's debt reduction record

Last Updated: Wednesday, September 27, 2006 | 4:08 PM ET

CBC News


Many economists say Canadians should congratulate themselves for the steady progress in reducing the country's national debt.
At a time when many industrialized countries are still running deficits, the federal government announced this week that Canada's national debt will drop by another $13.2 billion when last year's fiscal surplus is applied to debt repayment.





Canada's Budget Surplus to Shrink to C$2.3 Billion (Update4) Wed Feb-27-08 12:20 AM

By Theophilos Argitis



Feb. 26 (Bloomberg) -- Canada's budget surplus will shrink to the lowest since 2004 in the next fiscal year and to the smallest in a decade in the year after that, as the country suffers from the U.S. economic slowdown.
Finance Minister Jim Flaherty released a C$239.6 billion ($244 billion) budget today that projects a C$2.3 billion surplus for the fiscal year that starts April 1, down 77 percent from the current year. The surplus will drop further to C$1.3 billion in 2009-10, the smallest since 1998.
Revenue will drop this year for the first time since 2001, leaving the government little room for new tax cuts and spending programs as Prime Minister Stephen Harper seeks to protect a decade of consecutive budget surpluses in the world's eighth- biggest economy.
``We've prepared well for a period of slowdown,'' Flaherty, 58, told Bloomberg Television today, calling his budget ``prudent'' and ``realistic.''
The Bank of Canada says the country's economic growth will slow to 1.3 percent by the middle of 2008, compared with 3.7 percent in the same period last year. The government today lowered its own forecast for 2008 growth to 1.7 percent from an October projection of 2.4 percent.
Revenue will decline 1.1 percent to C$241.9 billion next fiscal year, from C$244.5 billion. Program expenses will rise 3.4 percent to C$208.1 billion, about half the projected pace for the fiscal year that ends next month.
Sending Signal
Canada has benefited from a global commodities boom that allowed governments to reduce the national debt by almost C$100 billion since 1997 even as spending rose. Debt reduction over the next three years will total C$6.6 billion, compared with C$37 billion over the previous three years.

Paying off Turdoh and Baloney's debt.

Ye and now we are around the corne in having to pay for Harpers expiramentation....
FYI
http://www.reuters.com/article/bondsNews/idUSN2143128620080421


OTTAWA, April 21 (Reuters) - Canada's government may post a small budget deficit this year for the first time since 1996-97, rating agency DBRS said on Monday while praising Ottawa's overall fiscal management and confirming its highest credit rating.
DBRS said the Conservative government's assumption of 1.7 percent economic growth this year "may turn out to be optimistic" and that more sluggish growth could lead to lower-than-expected revenue in the 2008-09 fiscal year.
"Given the short-term inflexibility inherent in expenditures, it is likely that the government would run its first budgetary deficit in over a decade," DBRS said in a release.
Finance Minister Jim Flaherty has forecast a surplus of C$2.3 billion. But if the economy grows one percentage point less than expected, he predicts the budgetary balance will fall by C$3.3 billion.
 

Colpy

Hall of Fame Member
Nov 5, 2005
21,887
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Socrates, you are posting projections that are 4 to 6 months old, and that have been shown to be incorrect by today's figures.

What they predicted months ago doesn't matter.....it was incorrect.

We have a 1.7 billion dollar surplus in only four months, no deficit. None predicted now, in fact, the surplus numbers predicted in April are way too low........

The Conservatives are doing a very good job of balancing the books.....that is the only possible honest conclusion.
 

Socrates the Greek

I Remember them....
Apr 15, 2006
4,968
36
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Socrates, you are posting projections that are 4 to 6 months old, and that have been shown to be incorrect by today's figures.

What they predicted months ago doesn't matter.....it was incorrect.

We have a 1.7 billion dollar surplus in only four months, no deficit. None predicted now, in fact, the surplus numbers predicted in April are way too low........

The Conservatives are doing a very good job of balancing the books.....that is the only possible honest conclusion.

The Country has an investment infrastructure deficit and to day the cost for this infrastructure is much greater then that of the elusive 1.7Billion surplus………….

I think that makes good economics when we look at the total Canadian economic picture with out excluding elements such as infrastructure….



http://dcnonl.com/article/id25221

Infrastructure Investment Deficit

Recent research from various associations in Canada shows that there is a growing infrastructure investment deficit occurring in many sectors. This results in deteriorating infrastructure and escalating costs since the longer roads and buildings remain in a state of disrepair, the higher the costs to refurbish or replace.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
28,691
10,821
113
Regina, Saskatchewan
It's Official! Conservative Surplus......

I wonder....this infrastructure investment deficit is a new thing in the last two and a half years then?
It's all hit its expiration date just recently, or this has been a work in (a lack of...) progress for some
time now? The Conservatives haven't even been in power for a full term yet. What lead up to this???
 

Avro

Time Out
Feb 12, 2007
7,815
65
48
55
Oshawa
Economists praise Canada's debt reduction record

Last Updated: Wednesday, September 27, 2006 | 4:08 PM ET

CBC News


Many economists say Canadians should congratulate themselves for the steady progress in reducing the country's national debt.
At a time when many industrialized countries are still running deficits, the federal government announced this week that Canada's national debt will drop by another $13.2 billion when last year's fiscal surplus is applied to debt repayment.





Canada's Budget Surplus to Shrink to C$2.3 Billion (Update4) Wed Feb-27-08 12:20 AM

By Theophilos Argitis



Feb. 26 (Bloomberg) -- Canada's budget surplus will shrink to the lowest since 2004 in the next fiscal year and to the smallest in a decade in the year after that, as the country suffers from the U.S. economic slowdown.
Finance Minister Jim Flaherty released a C$239.6 billion ($244 billion) budget today that projects a C$2.3 billion surplus for the fiscal year that starts April 1, down 77 percent from the current year. The surplus will drop further to C$1.3 billion in 2009-10, the smallest since 1998.
Revenue will drop this year for the first time since 2001, leaving the government little room for new tax cuts and spending programs as Prime Minister Stephen Harper seeks to protect a decade of consecutive budget surpluses in the world's eighth- biggest economy.
``We've prepared well for a period of slowdown,'' Flaherty, 58, told Bloomberg Television today, calling his budget ``prudent'' and ``realistic.''
The Bank of Canada says the country's economic growth will slow to 1.3 percent by the middle of 2008, compared with 3.7 percent in the same period last year. The government today lowered its own forecast for 2008 growth to 1.7 percent from an October projection of 2.4 percent.
Revenue will decline 1.1 percent to C$241.9 billion next fiscal year, from C$244.5 billion. Program expenses will rise 3.4 percent to C$208.1 billion, about half the projected pace for the fiscal year that ends next month.
Sending Signal
Canada has benefited from a global commodities boom that allowed governments to reduce the national debt by almost C$100 billion since 1997 even as spending rose. Debt reduction over the next three years will total C$6.6 billion, compared with C$37 billion over the previous three years.

Paying off Turdoh and Baloney's debt.

:roll:

Oh, so now cons come out of the woodwork and give praise to our sound fiscal managment which may I remind you all was started many years ago under Cretien and Martin and that legacy was handed to the cons by the Libs not earned.

You cons sure are goofs.:lol:

Also, when the Libs had surpluses you cons whined about being over taxed, now you're jumping up and down with glee about it.:roll:

Give me a break.:p
 

Socrates the Greek

I Remember them....
Apr 15, 2006
4,968
36
48
I wonder....this infrastructure investment deficit is a new thing in the last two and a half years then?
It's all hit its expiration date just recently, or this has been a work in (a lack of...) progress for some
time now? The Conservatives haven't even been in power for a full term yet. What lead up to this???


Back in the Mulroney days studies were conducted in the Country’s infrastructure, but nothing was done about it just talk, I have no problem admitting that under the Liberals progress on Canada’s infrastructure did not reach marquee levels…

http://www.liberal.ca/story_14134_e.aspx


Bottom line looking at this liability facing the country we are fooling our self’s if we believe that a 1.7B is a surplus….and I am sure many social programs have been put on hold so the doe can stay on the surface pretending that we are indeed looking good………That smells to me bad economics.
 
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elevennevele

Electoral Member
Mar 13, 2006
787
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Canada
This morning bureaucrats from the Finance Dep't released their regular report........in the first four months of the fiscal year of 2008 (up to the end of July), the Canadian gov't has had a surplus of 1.7 billion dollars.

So much for the accusations of Conservative deficit spending.........it is not happening.....just more bafflegab and BS.

.

You know what they say... Don't count on your eggs if the Conservatives have counted them for you.
 

elevennevele

Electoral Member
Mar 13, 2006
787
11
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Canada
I think coalition has been discussed ... and Dion doesn't want any part of it unless he can be boss....

.


It shouldn't matter what Dion wants if he loses this. I'm thinking he'll get the boot if he loses. I would be surprised if they still kept him.

I'm a realist. Right now it looks like Harper will win this and he could very well win this with a majority. He's been campaigning since day one and spending a lot of money defining Dion. I've already said what I've has to say about Dion. For the life of me I don't know why Dion hasn't counteracted the image Harper has been moulding on him. The guy is always playing defence (not a good approach in politics) and it's not like he should have been. It's also not like it should have been hard to capitalize on what is negative about Harper. A party that even Judge Gomery slammed for dangerously concentrating power and taking us even farther away from an environment of government accountability.

Harper leads a party that put out a book on how to make parliament dysfunctional. And Dion ended up playing defence on the call of this election with Harper saying the opposition made parliament dysfunction! Talk about reverse psychology.

Harper blew the surpluses, ignored the pleas of our manufacturing base, ignored economists on the GST cut, and spent like a drunken sailor and now has Canadians convinced he is the more sensible leader to steward and economy. Talk about controlling the message with an uninformed electorate.

Harper even campaign on accountability and transparency! That he would give Canada an ethical clean way of doing government and then it came out that he was trying to skirt election laws for that very same election with a scheme that gives the impression of money laundering as a way to exceed federal election spending limits. And here we are in an election. Nothing on the opposition about informing Canadians on how big a hypocrite Harper is. How big a hypocrite he is at the very core of this governments inception.

Dion will either need to win those debates or if he is foolish, count on an electorate that will suddenly get really informed about policy differences and the substance about policy differences. That in my opinion is taking a lot for granted with the average Canadian who will probably watch the Vice Presidential debates over our very own leadership debate! A scheduling by the networks I am completely miffed with.

Dion missed a lot of opportunities attacking Harper on that parties dirty politics, methodology, and scandals. He just wasn't aggressive and let the news pass and get old. Harper used to sing like an opera singer on anything that he could come up with on the Liberals and then repeat and rinse. I remembered in conversation when I use to call Harper 'the whiner'. Oh look, there is 'the whiner' again.

The opposition should have pummelled this government from the very beginning. Instead they had a long leadership contest while Harper was consolidating and letting the public get comfortable with the good time of still having a surplus (which he blew, that is right Colpy) and all that vote buying with it along with teasers like the GST cut and a strong dollar. Harper was able to work on his position with a distracted opposition across from him.

It was like I said, and so here we are. An election of Harper's choosing (against his own law), and with a playing field he has set up for himself.

For the love of this country, I sure hope the divided majority, left and centre left, at least have the sense to come together with some form of coalitions. In the very least to keep Harper in a minority that would have to still be accountable to the actual progressive majority which make up this country.

Also in another minority, Harper will run out of time. His term with his stewardship over the economy will begin to show. The numbers will begin to surface. His court case on the Cadman issue which he has been trying to stall will get resolved I imagine unfavourably for him (he is trying to stall it until after the election). Election Canada will also let us know about the money schemes they pulled. And Canadians will feel this government personally with their wallets. Also it's not going to look good having taken us into a $300 million dollar election against his own law during potential economic times and then not be able to work with parliament.

And at that time, hopefully he will have an opposition finally taking him to task and pummelling him regarding his responsibility to the citizenry of this country and the direction that most of us want for our kids.
 
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Socrates the Greek

I Remember them....
Apr 15, 2006
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.

You know what they say... Don't count on your eggs if the Conservatives have counted them for you.

Very profound saying…………………..

In the front door they give families $1200 on this election and in the back door the Conservative taxation formula has taken a much greater number…. Where is the benefit to that?????
 

Colpy

Hall of Fame Member
Nov 5, 2005
21,887
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But Elevenelle, they do have a surplus.....they do! They do! :)

I also would be happier if the CPC had kept the GST points.....and paid down debt. But that is not what they promised.

I am also disappointed that Harper passed a fixed election date......then called the G-G the minute it looked advantageous to do so.

But then I look at the alternatives.

OMG! Vote CPC.
 

lone wolf

Grossly Underrated
Nov 25, 2006
32,493
210
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In the bush near Sudbury
But then I look at the alternatives.

OMG! Vote CPC.

No thanks. I lived the Conservative lie in Ontario. Then, Harris' cabinet went to be Harper's. I heard Flaherty announce a surplus ... that turned into the 5.6 billion dollar deficit by the time the paper shredders were fed. I recognize the smell....
 
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elevennevele

Electoral Member
Mar 13, 2006
787
11
18
Canada
I also would be happier if the CPC had kept the GST points.....and paid down debt. But that is not what they promised.

I am also disappointed that Harper passed a fixed election date......then called the G-G the minute it looked advantageous to do so.

But then I look at the alternatives.

OMG! Vote CPC.

.

Yeah, you sure sound disappointed. As disappointed as a little schoolgirl who just got taken to Willy Wonka's Chocolate Factory.



.
 

Colpy

Hall of Fame Member
Nov 5, 2005
21,887
848
113
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Saint John, N.B.
.

Yeah, you sure sound disappointed. As disappointed as a little schoolgirl who just got taken to Willy Wonka's Chocolate Factory.



.

The Top Three things that force me to vote against the Liberals, NDP, and Greens are as follows:

1. Carbon taxes. Absolute idiocy. An assault on low-income people, the working poor, retirees......who pay very little income tax now, but who will be forced to pay higher prices for everything in a damaged economy.

2. Gun Control. Every party except the CPC has promised to steal some of my firearms. Completely outrageous.

3. Foreign Affairs. The other parties want much closer relations with both China and the United Nations.........and they despise our close relationship with the United States, and our support for Israel. This is the absolute antithesis of my position.

So, I vote CPC.
 

Colpy

Hall of Fame Member
Nov 5, 2005
21,887
848
113
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Saint John, N.B.
Here are the spending promises totals by Party.........from the Globe and Mail online edition.

The Greens have promised 22.5 billion per year of new spending.

The Liberals have promised 54.5 billion of new spending over 4 years.......a total of 13.6 billion a year.

The NDP have promised 41.9 billion of new spending over 4 years...... a total of 10.4 billion a year. (less than the Liberals!!!!!)

The Conservatives have promised 5.7 billion of new spending over 5 years......a total of 1.1 billion a year.

And WHO is going to drive us into deficit????????

just another reason:

VOTE CONSERVATIVE!
It's the only choice.