Feckless, unqualified and greedy.
That is the government people voted for and entrust their entire lives to.
It is not at all working for the better:
Canada’s unemployment rate is on a path to hit or exceed seven per cent this year if the Bank of Canada (BoC) doesn’t make interest rate cuts “sooner than later,” a National Bank economist warns.
The labour market is “gasping for air” and should not be ignored because of a fixation on inflation figures alone, National Bank Financial Markets director of economics and strategy Taylor Schleich wrote in a note published Monday.
“To us, a July cut should be considered a higher probability outcome, as only a disastrous June CPI report should leave the BoC sidelined.”
Although the May inflation print “wasn’t ideal, we don’t think it’s wise to miss the forest for the trees” as far as unemployment signals go, Schleich says, with “inflation much better behaved” than in the recent past.
“Left unabated, a seven per cent plus unemployment rate would be in store this year if recent (worsening) labour market dynamics persist.”
Who wants to invest in a country with high inflation and taxes, no innovation, a depressed resources department, with skilled workers either not existing or leaving the country, and a government whose financial acumen can be adequately described as savvy as a peach pit?
No one.
**
Justin's family has off-shore accounts.
Is that rich?:
The Canada Revenue Agency polled Canadians on whether they resent tax avoidance by the rich. In-house records show the Agency hired researchers at $174,047 to poll public resentment about the tax habits of wealthy Canadians: “There was specific interest in gauging how respondents view the Agency’s treatment of ‘rich’ people without defining ‘rich.'”
**
Milei cut out useless departments in his government. That government now has a surplus.
In Canada, we reward sloth with $428 a night hotel room stays:
Climate Change Ambassador Catherine Stewart billed taxpayers $428 per night to stay at a hotel in downtown Paris to “inform” the French about Canada’s carbon tax, Access To Information records show. The hotel near the Eiffel Tower charged $22 for croissants and coffee: “Outreach was required to have candid conversations to help inform the development of a strategy.”
**
Look - if it appears that the Liberal government handled the Covid crisis well, one might accuse them of being competent.
As the sky hangs over the Earth, that will NEVER happen!:
Almost 14,000 ventilators bought under a $700 million Covid program were immediately warehoused as surplus including devices promptly sold for scrap, according to auditors. The figures were disclosed at the request of Conservative MP Cheryl Gallant (Renfrew-Nipissing, Ont.): ‘This is destruction of value for taxpayers.’
**
Communism holds that no one can own property.
A month after Deputy Prime Minister Chrystia Freeland did her best to talk up a class war, her boss now appears intent on using the housing crisis to pit young Canadians against the old.
Prime Minister Justin Trudeau says older Canadians who “scrimped and saved” to own homes don’t understand the hardships of a younger generation who can’t get a foot on the housing ladder.
(Sidebar: they did, which is why they worked and saved money. Newer generations do not understand such struggles because the paths to their advancement have been well-worn. They are highly susceptible to the complete dingo kidneys dished out by a failed substitute drama teacher who inherited but never generated his wealth, which he keeps off-shore. This failed "educator" is hoping that no one figures out that his sloth and idiocy are the reasons why even food is out-of-reach.)
Trudeau, in a podcast interview with the Generation Squeeze advocacy group, refused to take any responsibility for the current affordability crisis, but said the “challenge” was getting seniors and older Canadians to “understand” the fundamental shift in the housing market.
What does that mean for older Canadians with homes?
Trudeau didn’t spell out any new policy in the podcast, but it is telling that he appeared on the podcast for Generation Squeeze, an organization in favour of taxing people’s primary residence.
A report by the group advocates for an annual surtax on all homes over $1 million. Homes valued at $1 million to $1.5 million would face a surtax of 0.2 per cent (possibly rising to 0.5 per cent over time) and homes of $2 million would be hit with a one per cent tax. ...
Kershaw said that Generation X and Boomers had benefitted from the “sacrifice” of younger generations who were “tolerating” high rents and putting off home ownership dreams, all to protect the home equity of those “who came before.”
The prime minister seemed to agree. Older Canadians had got the message about such things as climate change, but still needed instruction on the changing housing market.
“The place where I think there’s still work, because it doesn’t feel intuitively like there’s a solution, is around housing,” said Trudeau. “You talk to (an) older generation of folks and they say, “Oh no, I remember I had to scrimp and save for years before we could set a down payment on a home. It was really hard. It was a big expense. Housing is always hard’.”
For Trudeau, young people are saying, “Oh, it’s hard to get into housing,” only to hear older people saying, “We lived that.”
“No, you didn’t,” said Trudeau. “There is something foundationally different in this generation that young people have great jobs and a solid side hustle and shifted expectations and they still can’t find a place to actually start on that path towards home equity or home ownership. That shift is different.”
(Sidebar: they remember the bad leadership of your dad, Justin.)
But while the PM finds no problem making older Canadians feel guilty, or creating division with youth, he accepts no responsibility himself for the problem.
“Part of it is the under-investment in housing construction over decades,” said Trudeau, before quickly moving on. “But there’s other things happening and getting seniors to understand that there is something different, I think, is a bit of a challenge that we’re still working on.” ...
It appears that for the Liberals, anyone who has accumulated any money or wealth is now a target to pay for their mistakes.
Can anyone forget last month when Freeland was predicting a revolt by the enraged proletariat against the castles of the rich?
“Do we want to live in a country where those at the very top live lives of luxury but must do so in gated communities behind ever higher fences using private health care and airplanes because the public sphere is so degraded and the wrath of the vast majority of their lesser privileged compatriots burns so hot,” she asked.
In the podcast, Trudeau thanked Kershaw for being so “incredibly helpful in our thinking.” And when Kershaw asked about appointing a minister for generational fairness, Trudeau replied, “I think it’s a really interesting idea and I think it’s something that you and I can probably work together on.”
But remember, it won’t be a home equity tax, just a technical change to the tax system.
The sad thing is not that Justin uses the tired, old tactic of division (the only thing he is capable of) but that people fall for it.
This must be why Canadians, in the fog of their reasoning, continue supporting Liberals despite their shocking ineptitude and contempt for the common voter. Imagine having to come to terms with the fact that one was serially duped by the village idiot.
It's hard.
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