Bank of Canada says the country faces a productivity 'emergency'

[Zeitgeist]

19 minutes ago, eyeball said:

And as I've been warning you voters will put up with PP's austerity for about half of his first term at which point even the RCMP are predicting there will be rioting in streets.

The solution is easy enough...tax the snot out of the rich...he'll have little choice but to become...a socialist.

Canada is socialist.  

[eyeball]

1 minute ago, Zeitgeist said:

Canada is socialist.

Don't you mean communist?

Oh well it's not completely hopeless for PP or Canada. Biden will have likely started the process of taxing the rich before PP's elected so maybe he can turn Canada into a tax haven for all the wealth that will be fleeing the US.

I'm betting however that he'll be following Biden's lead.

[Venandi]

1 hour ago, eyeball said:

...even the RCMP are predicting there will be rioting in streets.

I think that threat assessment was based on JT's policy trajectory with a view toward future events based on the existing liberal plan.

IMO, Canadians are just beginning to feel the climate change burn associated with getting what they voted for. Those who asserted that they think they might maybe want this have been punched in the face. Up until now, they thought they had a plan.

I'm convinced that Canadians still don't realize the magnitude of effort required, the looming time crunch, or  even that we're desperately astern of station in our efforts to reach the target.

I'm not sure what they were thinking in the voting booth either because anyone with a hand held calculator is asking "what did you think was going to happen?" 

I'm not surprised at the carbon tax backlash, I'm surprised liberal voters are surprised. In that context it makes me fear for the future, I'm not sure there's been enough pain yet to penetrate the narrative and drive the lesson home. 

 

 

Edited March 29 by Venandi

[eyeball]

21 minutes ago, Venandi said:

I think that threat assessment was based on JT's policy trajectory with a view toward future events based on the existing liberal plan.

I think it's based on their being 8 billion people stretching the planet to its limits in what it can both produce and absorb.

 

22 minutes ago, Venandi said:

IMO, Canadians are just beginning to feel the climate change burn associated with getting what they voted for.

IMO that burn is associated with nearly 50 years of screwing the pooch. A lot of people voted for doing that too.

 

25 minutes ago, Venandi said:

I'm convinced that Canadians still don't realize the magnitude of effort required, the looming time crunch, or  even that we're desperately astern of station in our efforts to reach the target.

What I can't understand is why you guy's aren't cheering, emissions are up action is down and dropping. You've won. And I'm quite serious when I say that between his carve outs and subsidizing fossil fuel industry and now seemingly open to alternative suggestions on the carbon tax, Trudeau has singlehandedly done more to throw us off target than anyone who's ever governed Canada. Liberals always have been to right wing and beholden to Canada's biggest corporations for my liking.

$10 says the rich got richer faster under Trudeau too.

34 minutes ago, Venandi said:

I'm not sure there's been enough pain yet to penetrate the narrative and drive the lesson home. 

Nope. It's just getting started. Poor old PP is so fuc ked.

Here's what I think is in store.  Conservatism appears to be on the rise around the world and just in time for the shit to hit the fan and when the economy is on the brink - this will be global btw - people will be blaming the guys in charge and governments and voters alike will be desperate for anything.

Your guys are going to leave the Big Reset in the hands of the left. Lol!

[CdnFox]

2 hours ago, eyeball said:

And as I've been warning you voters will put up with PP's austerity for about half of his first term at which point even the RCMP are predicting there will be rioting in streets.

 

Nope. they'll see rent coming under control and they'll be able to afford more food and they will rush to the polls to vote for him a second time.

And we'll have a census in there too - more seats for the west, fewer for quebec.

And the RCMP are predicting the riots could happen NOW.  Under justin. If things stay as they are.  LOL!! Nice try tho.

Quote

The solution is easy enough...tax the snot out of the rich...he'll have little choice but to become...a socialist.

You had your chance with that - you've burned the country down.  Your simple solution has been a disaster.

So we'll try another simple solution. Let people keep their money and make it worth while for businesses to be here and create wealth and jobs.  And no more useless services like the cbc.

[Zeitgeist]

9 hours ago, CdnFox said:

Nope. they'll see rent coming under control and they'll be able to afford more food and they will rush to the polls to vote for him a second time.

And we'll have a census in there too - more seats for the west, fewer for quebec.

And the RCMP are predicting the riots could happen NOW.  Under justin. If things stay as they are.  LOL!! Nice try tho.

You had your chance with that - you've burned the country down.  Your simple solution has been a disaster.

So we'll try another simple solution. Let people keep their money and make it worth while for businesses to be here and create wealth and jobs.  And no more useless services like the cbc.

Yup.  It’s clear that much of Canada’s current hardship is self-made: too many stupid ideological projects that cater to the NDP and left wing radicals, too much red tape for resource development, too much emphasis on international projects like climate change purity and eugenics programs, too many morally dubious incursions into family life and individual freedoms (compelled speech for pronouns and child gender identity affirmation, vaccine mandates and dubious science), too much abuse of power to silence political opposition (banning protests and denigrating protesters, funding and control of media, anti-free speech legislation), too much spending and imposition of racist DEI staffing and pseudoscience, too many government programs in general that are paid for through taxes and borrowing.

Danielle Smith has it right on carbon taxes: They’re just another collectivist income redistribution scheme.  The Liberals have become the out of touch Politburo who think that they know better how you should spend your money and live your life, so they’re taking your money and regulating your life, getting media on board to scare you into compliance, and cancelling or denigrating anyone who speaks up.

Of course they have no idea what challenges ordinary people face, but if they can convince people that they’re saving them by overtaxing them to pay for questionable schemes, then maybe they can keep their seats long enough to get those gold plated pensions, which they already have, so the thrill is gone.  That’s why Trudeau and his yes people are bored.  They already pulled the wool over people’s eyes successfully.

Edited March 29 by Zeitgeist

[I am Groot]

On 3/27/2024 at 2:54 PM, herbie said:

Then how abour taxing what they spend more and what they earn less?

Because cross-border shopping would explode.

Edited March 29 by I am Groot

[herbie]

You gonna get a passport and spend hours in line plus $50 or more in gas to save very much on a $200 limit?
Yeah when there's no lineup and you're close you can pop over for a tank of gas, but that's dumb to think of when you're near a major crossing. Yeah my BIL pulls out of Costco in Abbotsford, sees there's no line from a block away and pops across to fill up all the time. Try that at Pacific crossing....

[CdnFox]

12 minutes ago, herbie said:

You gonna get a passport and spend hours in line plus $50 or more in gas to save very much on a $200 limit?

You forget. Due to the carbon tax just filling up across the line SAVES you about 30 or 40 dollars these days even after the extra gas to get there.

And yeah - there's ALWAYS an uptick in cross border shopping when costs up here get high.  Most of us live near a border.

The only thing that prevents it being a problem right now is that Trudeau has trashed our country so bad that our dollar is weak against American money.

[I am Groot]

23 minutes ago, herbie said:

You gonna get a passport and spend hours in line plus $50 or more in gas to save very much on a $200 limit?
Yeah when there's no lineup and you're close you can pop over for a tank of gas, but that's dumb to think of when you're near a major crossing. Yeah my BIL pulls out of Costco in Abbotsford, sees there's no line from a block away and pops across to fill up all the time. Try that at Pacific crossing....

You don't really think people are going to report all the stuff they buy, do you? They want a new winter coat, they'll go down there, buy one, dump the old one, and wear the new one home. Same for boots, shoes, shirts, pants, etc. How much would buying an Iphone down there save vs here? Or getting some new tires for your car?

The last time the C$ was significantly higher than the US$ we had tons of people going down there for shopping.

[CdnFox]

7 minutes ago, I am Groot said:

You don't really think people are going to report all the stuff they buy, do you? They want a new winter coat, they'll go down there, buy one, dump the old one, and wear the new one home. Same for boots, shoes, shirts, pants, etc. How much would buying an Iphone down there save vs here? Or getting some new tires for your car?

The last time the C$ was significantly higher than the US$ we had tons of people going down there for shopping.

Some items like tires don't even count if you have them put on down there.  It's considered "car repair' and you can report it and still not pay a nickle.

We used to save a couple of empty packs of cigarettes, buy some down there and just put them in our empty packs and it looks like you just got a pack or two of Canadian cigarettes with you. Nobody actually looks. Nowadays of course smokers just buy them straight from the natives. There's even websites you can order from.

There is always a way. The way taxes work is that if they are modest and fair and not too large then people just pay them. The moment you raise them above that it becomes worth it for people to spend the effort to find a way to avoid them. And they will find a way.

[I am Groot]

1 hour ago, CdnFox said:

There is always a way. The way taxes work is that if they are modest and fair and not too large then people just pay them. The moment you raise them above that it becomes worth it for people to spend the effort to find a way to avoid them. And they will find a way.

Not anymore. That is the Canada of the past. The way it works now is if people can find a way to avoid it they will, regardless of how fair. You have to make them unavoidable, inescapable, or you'll wind up with a huge black market and people hiding money everywhere they can. The population can't be trusted to do the right thing or we wouldn't have Trudeau as PM.

[CdnFox]

1 hour ago, I am Groot said:

The population can't be trusted to do the right thing or we wouldn't have Trudeau as PM.

I mean.... you're not wrong.....

Most people are too lazy to bother if it doesn't "hurt".  For the wealthy it's a simple question of whether or not it's cheaper to move their money elsewhere (as they are doing now and fleeing canada for the first time in our history).

 

[herbie]

I used to live 4 miles from the truck crossing, went down there all the time to crab fish off the dock, shop, hit the restaurants. The dollar was 69¢ at the time. Had propane vehicles, that cost more there at the time if you could even find auto propane.

Friends would buy new tires, cruise around gravel lots dirtying them up. One got stopped at the border cuz he did that without realizing he was line of sight from the crossing! Still; had the nubs on his tires.
Our trick was to hide the booze in the diaper bag and the kids would all be tired and whiney on the way home. Almost always they just nodded and waved us through. Never once did they even go inside the travel trailer or the camper we had before that.

Edited March 30 by herbie

[Nefarious Banana]

1 hour ago, herbie said:

I used to live 4 miles from the truck crossing, went down there all the time to crab fish off the dock, shop, hit the restaurants. The dollar was 69¢ at the time. Had propane vehicles, that cost more there at the time if you could even find auto propane.

Friends would buy new tires, cruise around gravel lots dirtying them up. One got stopped at the border cuz he did that without realizing he was line of sight from the crossing! Still; had the nubs on his tires.
Our trick was to hide the booze in the diaper bag and the kids would all be tired and whiney on the way home. Almost always they just nodded and waved us through. Never once did they even go inside the travel trailer or the camper we had before that.

Wow . . . a lawbreaker.

[CdnFox]

2 hours ago, herbie said:

I used to live 4 miles from the truck crossing, went down there all the time to crab fish off the dock, shop, hit the restaurants.

No, that's UnPossible!!