Well, today is the Liberal/NDP Non-Coalition Coalition Budget Day!

petros

The Central Scrutinizer
Nov 21, 2008
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Hold onto your wallets — the Trudeau government looks set to start spending plenty of money once again.

Finance Minister Chrystia Freeland gave that hint when asked what the focus of the federal budget will be when it’s released on April 16.
Interest rates were kept high to sell bonds. When interest rates drop, so will the spending.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
23,585
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Regina, Saskatchewan
Interest rates were kept high to sell bonds. When interest rates drop, so will the spending.
Justin Trudeau has been declaring his determination to improve life for the middle class since even before he became Liberal leader. “You grow the economy by strengthening the middle class and those hoping to join it,” he said in his very first speech of the 2015 campaign. He’s been prime minister for eight years now and millions of ordinary Canadians are living paycheque to paycheque, unable to find a doctor, worried about the mortgage, pessimistic about the future and struggling just to hang on.

If the Liberals knew what to do about it all you’d think they’d have done it already. Still, there’s reason to expect Freeland will try.
What really worries me about the upcoming federal budget is the risk that Finance Minister Chrystia Freeland will feel compelled to try to fix something.

It’s a real possibility. When the Liberals were first elected in 2015 they seemed convinced there was something wrong with Canada they needed to change. They’ve been working at it ever since and the results haven’t been inspiring.
 
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petros

The Central Scrutinizer
Nov 21, 2008
109,821
11,611
113
Low Earth Orbit
Justin Trudeau has been declaring his determination to improve life for the middle class since even before he became Liberal leader. “You grow the economy by strengthening the middle class and those hoping to join it,” he said in his very first speech of the 2015 campaign. He’s been prime minister for eight years now and millions of ordinary Canadians are living paycheque to paycheque, unable to find a doctor, worried about the mortgage, pessimistic about the future and struggling just to hang on.

If the Liberals knew what to do about it all you’d think they’d have done it already. Still, there’s reason to expect Freeland will try.
What really worries me about the upcoming federal budget is the risk that Finance Minister Chrystia Freeland will feel compelled to try to fix something.

It’s a real possibility. When the Liberals were first elected in 2015 they seemed convinced there was something wrong with Canada they needed to change. They’ve been working at it ever since and the results haven’t been inspiring.
Unparalleled arrogance. There is no middle class. Its have and have not.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
23,585
8,284
113
Regina, Saskatchewan
Recession and war...
Good times, & the Budgies balance themselves…but at least this time, it’s not just a fringe minority with unacceptable views…unless it is? All a matter of perspective I guess.

Had Steven Harper not been elected in 2006, brewing regional resentments in the West and in Quebec, not to mention a testy relationship with the Bush administration in Washington, may have boiled over.

Harper, like Chrétien before him, was not a prime minister who made decisions he didn’t have to. For both men, good government was boring government.

But he did provide pragmatic leadership during the financial crisis of 2008/09, going against type by buying a stake in GM to preserve auto jobs and inspiring confidence in Canada’s future when it was in short supply.

He initiated trade deals in Europe and Asia, and began the process of Indigenous reconciliation with his emotional apology on the floor of the House of Commons for the residential school program in 2008.

After the financial crisis subsided, he had a plan of fiscal restraint and stuck to it, creating a stable environment for business. Critics argue that the lacklustre performance on jobs and growth was not helped by austerity and shrinking the size of the public service, and they have a point.

But by his penultimate year in power, he had shrunk government to a size he was more comfortable with: program spending as a percentage of GDP was 13.2 per cent in 2013/14. And he returned more money to taxpayers: Tax Freedom Day, when theoretically Canadians start working for themselves, fell two weeks earlier than it had in 2005.
Someone is going to have to come in behind Trudeau/Singh & clean up after them. It’ll be a monumental undertaking & they won’t be popular for doing so, but it’ll need to be done.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Good times, & the Budgies balance themselves…but at least this time, it’s not just a fringe minority with unacceptable views…unless it is? All a matter of perspective I guess.
It's going to start with the real estate market. Commercial first then residential.

Remember the 80s when you were 16 competing with guys who were 40 with 3 kids for a job pumping gas if someone at Turbo died?

Like that again.

The only out is knowing a trade or skills to run and fix the big machine. Journeymen will be big money earners.
 
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petros

The Central Scrutinizer
Nov 21, 2008
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These two are screaming "shit is hitting the fan".

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Bit Coin.

Cash is losing its value not fast but real fucking fast.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
23,585
8,284
113
Regina, Saskatchewan
The Trudeau government began a series of pre-budget announcements Wednesday targeting Millennials and Gen Z voters in a bid to attract two generations that have largely abandoned the Liberal party.
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Trudeau made an announcement in Vancouver, while other ministers made similar announcements in Toronto and Montreal about new programs that will be included in next month’s budget. Wednesday’s announcement included $15 million to go to Legal Aid organizations across the country to help those organizations provide more services to renters dealing with “renovictions” or other issues with their landlord.
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The Liberals are also promising to create a renter’s bill of rights, working with provinces that would require landlords to disclose previous rents and create a nationwide standard lease. The government is also pledging to work with banks and credit bureaus to ensure regular on-time rent payments become part of a person’s credit history.
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The prime minister said the millennial and Gen-Z generations, born from the 1980s to the early 2000s, are key to Canada’s economic future and they need help to join the middle class for the betterment of the country.
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“You make up the largest share of our working age population. You work hard. You’re creating, inventing and developing incredible things that are building the future of Canada. You hustle. You are the heartbeat of the economy,” he said.
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A source speaking on background because they were not authorized to speak publicly said this was the beginning of several announcements in the weeks leading up to the April 16 budget designed to help Millennial and Gen Z voters.

“We will be making concrete announcements about economic growth and fairness, and many will have been designed with Gen Z (and) Millennials in mind,” they said.
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Since coming to office in 2015, the Liberals have increased the Canada Child Benefit and increased Old Age Security benefits, lowering poverty levels among both seniors and children, according to Statistics Canada.
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The source said the government now intends to focus on Gen Z and Millennials, who they believe are facing significant challenges.

“Our renewed focus is on getting younger Canadians, Gen Z and Millennials, who are facing unfair burdens, to access what they deserve — a good middle class life. That means housing, affordability, and jobs and growth.”

The Gen Z & Millennials aren’t complete retards though….& must see through this, & realize the generational debt incurred through “Budgets Balance Themselves” & “I don’t think of fiscal policy” & “I’ll buy my way out with the taxpayers money” and they’ll be paying for their lifetime and their children’s lifetime for this Trudeau 2.0 experiment…

Millennial voters were crucial to Trudeau’s first victory in 2015, but polling now shows they have largely moved to supporting Conservative Leader Pierre Poilievre.
 

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petros

The Central Scrutinizer
Nov 21, 2008
109,821
11,611
113
Low Earth Orbit
The Trudeau government began a series of pre-budget announcements Wednesday targeting Millennials and Gen Z voters in a bid to attract two generations that have largely abandoned the Liberal party.
Not true. He rescued them from climate change and lifted the burden and responsibility of home ownership.
 
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Taxslave2

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The Liberals are also promising to create a renter’s bill of rights, working with provinces that would require landlords to disclose previous rents and create a nationwide standard lease. The government is also pledging to work with banks and credit bureaus to ensure regular on-time rent payments become part of a person’s credit history.
Seems like turdOWE is infringing on provincial turf again. That said, the last part makes sense. I always found it odd that people that pay $2200 rent don't qualify for $1500 mortgage.