Trudeau Is Going To Bury Us In Debt

[taxme]

First thing any prime minister would do on day 1 is to check to determine what could threaten his nation. Expenses always go here first. These enemies could be in the form of potential viruses, or the threatening two legged variety. These being kooks` of other nations, especially those who carry silo keys around their necks. The first case would be to ensure labs and hospitals could carry the extra burden of an epidemic if it should happen, and also to develop a curiosity to learn why other nations are walking around with masks on for the past 2 years. The second priority to keep the defenses of the nation up to modern standards and to pass a law that defense monies never get diverted to other interests unless of a defense nature regardless. This would be an entrenched law aCanadian essential norm, no notwithstanding clauses. No more bad decisions of the past. Interceptors we build are our own and Canadians have proved we can build strait off the assembly line, expert, best quality arms for our safety. Nuclear weapons get to be produced here also. I know, I don't like the idea either.

Right now, we have a PM in other places except here. Not a good idea given where we're at now in global politics. Allocate. Send our defense reps instead. They need the diplomatic exposure and political practice. The PM allots 80 billion for defense. But now is not the time to start a spending on a new defense system. We need to train our guys on the new fighters now. No more Avro embarrassments. We fly what we make and put them to test with the yearly war games with our friendly neighbours. We need to have permanent people in our "contested" waters and shores.

Anyway, we have all the fuel we need for Canada now, and jobs and pensions for our young families. Not necessary for fracking either. We will need to plant crops and farm for our own people now here and start nation wide greenhouses now for the coming food crises. We need to start producing for ourselves. When asked by other nations to do the impossible, we showed them we can surpass their needs. Lets make this crisis a starting point for the future. Our natural resources stay here for us and our neighbors. So we can now repeat what one PM quoted, to the question "what will you do in this crises"?. "What can Canada do in this global crises" the answer being "Just watch Us".

Canada should be one of the most richest countries on earth. But that will never happen as long as the buffoons out there keep voting for those leftist liberal socialists, the NDP Marxists, and the Green"environ"mental"ists political party's that are now running and ruining the show in Canada. They are all in for turning Canada into a third world hell hole of a country. The only thing that can save Canada from becoming a third world poor as hell country is to get a Trump like conservative politician in Ottawa. It looks like conservative Pierre Poilievre is the man for the job whom I believe will put an end to all of this crazy spending spree that has been going on by that Fascist tyrannical dictator in Ottawa. That dictator is now trying to shut down the internet. He wants discussion website forums like this one to be gone. That buffoon must go now. Works for me.

 

[taxme]

I believe your last statement is what their goal is.

That fascist tyrannical dictator in Ottawa is trying very hard to try and turn Canada into a third world hell hole. This is why the majority of our new immigrants are mostly, 85%, coming from the third world. The only reason as to why we have not reach that goal yet is because there are way too many white people around. The great reset globalists like Turdeau and Freeland needs more non-whites in this country to be able to place white people into a minority situation and then it will be a lot more easier to implement his fascist great reset globalist plans for Canada. The white people are in his way.

The dictator wants white folk out of the way because white people are not so easily controlled like non-whites can be although it does appear as though there are many white people out there who are on his Fascist side. Those white fools will pay a heavy price for their ignorance and stupidity especially their children and grandchildren one day. Just saying.

 

[Tecumsehsbones]

Canada should be one of the most richest countries on earth. But that will never happen as long as the buffoons out there keep voting for those leftist liberal socialists, the NDP Marxists, and the Green"environ"mental"ists political party's that are now running and ruining the show in Canada. They are all in for turning Canada into a third world hell hole of a country. The only thing that can save Canada from becoming a third world poor as hell country is to get a Trump like conservative politician in Ottawa. It looks like conservative Pierre Poilievre is the man for the job whom I believe will put an end to all of this crazy spending spree that has been going on by that Fascist tyrannical dictator in Ottawa. That dictator is now trying to shut down the internet. He wants discussion website forums like this one to be gone. That buffoon must go now. Works for me.

You're the #9 GDP on the planet. 1-8 have much larger populations.

 

[taxme]

You're the #9 GDP on the planet. 1-8 have much larger populations.

So says the woke toddler. I have a new book out now for you to read. Its called: How To be "Right". Great reading. LOL.

 

[Tecumsehsbones]

So says the woke toddler. I have a new book out now for you to read. Its called: How To be "Right". Great reading. LOL.

Yep. Can't dispute the facts. Canada is one of the richest 10 countries (out of about 200) on the planet.

 

[B00Mer]

Yep. Can't dispute the facts. Canada is one of the richest 10 countries (out of about 200) on the planet.

Smell that money

 

[taxme]

Yep. Can't dispute the facts. Canada is one of the richest 10 countries (out of about 200) on the planet.

Only the rich are getting richer. There are more billionaires today then there ever has been. They did not get rich from being a bunch of nice guys. They got rich off your lefty back. When they talk about a rich country, they are referring to the billionaires that got rich, and not the country. There are more poor people today then there ever was, Chief Spreading Bull.

Canada has become more like one of the poorest richest countries in the world. But how much longer will that last the way your dear comrade leader in Ottawa keeps borrowing and spending that borrowed money on useless communist programs and agendas. You know those programs and agendas that you love so uch chief.

I better watch what i say here because I may get my account frozen by your dear Marxist leader in Ottawa. Then I will not feel so rich anymore not that I ever was. I will have no money to spend anymore. Thank you oh dear Marxist leader. So, will be able to spare me a dollar if I need it? Thanks buddy. Your the best.

 

[Tecumsehsbones]

Only the rich are getting richer. There are more billionaires today then there ever has been. They did not get rich from being a bunch of nice guys. They got rich off your lefty back. When they talk about a rich country, they are referring to the billionaires that got rich, and not the country. There are more poor people today then there ever was, Chief Spreading Bull.

Canada has become more like one of the poorest richest countries in the world. But how much longer will that last the way your dear comrade leader in Ottawa keeps borrowing and spending that borrowed money on useless communist programs and agendas. You know those programs and agendas that you love so uch chief.

I better watch what i say here because I may get my account frozen by your dear Marxist leader in Ottawa. Then I will not feel so rich anymore not that I ever was. I will have no money to spend anymore. Thank you oh dear Marxist leader. So, will be able to spare me a dollar if I need it? Thanks buddy. Your the best.

Cool. Sounds like capitalism's working just great in Canada.

Anybody who objects to people becoming billionaires don't have much room to call other folks Marxist.

 

[taxslave]

Cool. Sounds like capitalism's working just great in Canada.

Anybody who objects to people becoming billionaires don't have much room to call other folks Marxist.

Trouble is, most of the ones getting super rich are not doing it by hard work. Some get lucky with tech stocks most have political connections. The odd one is just in the right place at the right time.

 

[Tecumsehsbones]

Trouble is, most of the ones getting super rich are not doing it by hard work. Some get lucky with tech stocks most have political connections. The odd one is just in the right place at the right time.

'Twas ever thus.

The fun part is, once you get that first billion, you can hire a battalion of lawyers and lobbyists to take advantage of the tax laws that are only available to the rich and buy yourself a few MPs (always a good investment), and the second and subsequent billions are much easier.

And sadly, I must remind you once again that the main method of getting rich remains falling out of the right vagina.

 

[pgs]

'Twas ever thus.

The fun part is, once you get that first billion, you can hire a battalion of lawyers and lobbyists to take advantage of the tax laws that are only available to the rich and buy yourself a few MPs (always a good investment), and the second and subsequent billions are much easier.

And sadly, I must remind you once again that the main method of getting rich remains falling out of the right vagina.

Yes if your mother has brains there is a good chance of having them passed down .

 

[taxme]

Cool. Sounds like capitalism's working just great in Canada.

Anybody who objects to people becoming billionaires don't have much room to call other folks Marxist.

I have no problem with anyone becoming a billionaire or three. With most billionaires, like Soros, Zuckerberg, Gates, Bezos, Bloomberg and so many more billionaires are all trying to silence us from being able to be free to say, go or do what we want to say and do. They all believe in globalist censorship control . They all want total control of our minds and bodies.

It's funny how all of a sudden scum like Obamarama, Hitlery and the MSM are now openly crying like a bunch of crybabies about Musk and Trump as being the enemy of we the peasants for owning their own social media platforms where those three above will say that we will all start to see more dis and misinformation coming from those two social media outfits.

As if we have not seen that already happening by big tech social media outfits like Twitter, Youtube, Google and Apple. Those three mentioned above now want some kind of control and censorship for social media platforms because TRUTH may become harmful to we the peasants now. Social media platforms that Trump and Musk now own may start to spread dis and misinformation. What was once good and okay for the goose(big tech)once upon a time, is now not so good and okay for the Trump and Elon gander.

It's nice to see now that the big tech globalists censors are all in a state of fear and panic over Elon Musk buying Twitter, and Donald Trump starting up his own social media. We are fortunate enough today that we have billionaires like Elon Musk and Donald Trump buying up and starting their own social media platforms. The big tech censorship giants now have to face and deal with real and truthful competition, and they phukin well hate it. Awe, cry me a river will ya.


Just say no to digital currency.

 

[Tecumsehsbones]

I have no problem with anyone becoming a billionaire or three. With most billionaires, like Soros, Zuckerberg, Gates, Bezos, Bloomberg and so many more billionaires are all trying to silence us from being able to be free to say, go or do what we want to say and do. They all believe in globalist censorship control . They all want total control of our minds and bodies.

It's funny how all of a sudden scum like Obamarama, Hitlery and the MSM are now openly crying like a bunch of crybabies about Musk and Trump as being the enemy of we the peasants for owning their own social media platforms where those three above will say that we will all start to see more dis and misinformation coming from those two social media outfits.

As if we have not seen that already happening by big tech social media outfits like Twitter, Youtube, Google and Apple. Those three mentioned above now want some kind of control and censorship for social media platforms because TRUTH may become harmful to we the peasants now. Social media platforms that Trump and Musk now own may start to spread dis and misinformation. What was once good and okay for the goose(big tech)once upon a time, is now not so good and okay for the Trump and Elon gander.

It's nice to see now that the big tech globalists censors are all in a state of fear and panic over Elon Musk buying Twitter, and Donald Trump starting up his own social media. We are fortunate enough today that we have billionaires like Elon Musk and Donald Trump buying up and starting their own social media platforms. The big tech censorship giants now have to face and deal with real and truthful competition, and they phukin well hate it. Awe, cry me a river will ya.


Just say no to digital currency.

Funny how none of those you name are Canadian. . .

Poor little Canuck, gazing south, green with envy.

 

[taxme]

Funny how none of those you name are Canadian. . .

Poor little Canuck, gazing south, green with envy.

That is because we have no billionaires in Canada who come anywhere close to freedom loving conservatives like Trump and Musk. I would have to say that pretty much all of our billionaires in Canada are all in for fascist globalism for Canada which I am pretty dam sure makes your day, eh,chief Spreading Bull? When are you going to finally admit it that you are a Marxist? Come on, man.

Poor little Chief Spreading Bull. Always out to protect and promote his comrade globalist and millionaire buddies here in Canada. But I will admit that I am quite jealous that America has Trump and Musk, while here in Canada, we are stuck with millionaires like Marxist Turdeau, Freeland and Singh. Dam right, I envy America because there is nothing to really envy about or here in Canada anymore unless you are one of those Marxists out there in Canuckistan.

But maybe you can tell me as to what there is to envy about Canada today? Here is your opportunity to make your Canada look great. Well Chief?

 

[spaminator]

Economy to 'stagnate,' federal deficit expected to balloon to $46.5B this year: PBO
Author of the article:Canadian Press
Canadian Press
Nojoud Al Mallees
Published Oct 13, 2023 • Last updated 2 days ago • 2 minute read

OTTAWA — The parliamentary budget officer says higher interest rates will lead the economy to stagnate in the second half of the year, with a new report suggesting the federal deficit will rise significantly this fiscal year.


The PBO released its economic and fiscal outlook Friday, providing updated projections for the economy and federal finances as high interest rates weigh on growth.


The budget officer also says it expects consumer spending to remain weak in the second half of 2023 and throughout the first half of 2024.

Faced with slower growth in government revenues and higher expenses, the federal deficit is projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23.

Assuming no new measures and temporary measures expire, the deficit is expected to track downward, falling to $8.2 billion in 2028-29.

The PBO also projects the debt-to-GDP ratio to jump this fiscal year to 42.6 per cent.

That ratio is expected to fall to 37.8 per cent in 2028-29 — assuming no new measures — which is above its pre-pandemic level of 31.2 per cent of GDP in 2019-20.


Higher interest rates are raising the cost of debt for the federal government. The PBO says it expects the debt servicing ratio, which refers to public debt charges relative to tax revenues, will peak at 12.0 per cent this fiscal year before gradually falling back to 11.0 per cent in 2028-29.

As the Bank of Canada gears up for a rate decision this month, the PBO’s projection assumes no further rate hikes. Instead, it projects the central bank will hold its key interest rate at five per cent and begin cutting rates in April 2024.

Its inflation forecast anticipates a return to two per cent inflation by the end of next year.

The Bank of Canada is set to make its next interest rate decision on Oct. 25. During a virtual roundtable with reporters on Friday, governor Tiff Macklem said he expects the governing council will debate whether it should exert patience or raise rates further.

The economy has softened this year, shrinking in the second quarter as consumer spending slows. The labour market is no longer as hot as it was last year: job vacancies have fallen and the unemployment rate has inched higher.

While this downward momentum is expected to continue, inflation has proven to be sticky.

Canada’s inflation rate fell to 2.8 per cent in June but climbed back up to 4.0 per cent in August as underlying price pressures remain high.

Economy to 'stagnate,' federal deficit expected to balloon to $46.5B this year: PBO

The parliamentary budget officer says higher interest rates will lead the economy to stagnate in the second half of the year.

torontosun.com

 

[spaminator]

Federal government posts $4.3 billion deficit between April and August this year
Author of the article:Canadian Press
Canadian Press
Published Oct 27, 2023 • < 1 minute read

OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August.

In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.


Government revenues increased $2.4 billion, or 1.4 per cent, largely due to higher interest revenues and other non-tax revenues.

Program expenses excluding net actuarial losses increased $7.4 billion, or 4.8 per cent.

Public debt charges grew by $4.1 billion, or 27.7 per cent, largely due to higher interest rates.

Net actuarial losses decreased by $0.9 billion, or 22.7 per cent, compared to the same period last year.

Federal government posts $4.3 billion deficit between April and August this year

The federal government posted a budgetary deficit of $4.3 billion from April to August.

torontosun.com