Because taxpayers are loaded, right?:
Parliament must closely watch federal departments profiting from fees, the Commons industry committee was told. Cabinet five years ago passed a little-noticed law allowing departments to perpetually increase fees to inflation, currently 6.7 percent: “They are making a profit and not disclosing it to Parliament.”
B@$#@rds.
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Cabinet’s omnibus budget bill will criminalize wage fixing following an outcry over conduct of leading grocers. The ban would apply to every employer nationwide, a Department of Industry manager said yesterday: “The law applies broadly across the entire economy.”
I'll just leave this right here:
David Williams, policy analyst for the Business Council of B.C., is helping ring the national alarm bells.
“Past generations of young Canadians entering the workforce could look forward to favourable tailwinds lifting real incomes during their working lives. That’s no longer the case,” he said.
“If the OECD’s long-range projections prove correct, young people entering the workforce today will not feel much of a tailwind at all. Rather, they face a long period of stagnating average real incomes that will last most of their working lives.”
Ottawa’s economic strategy is based on several “shaky pillars,” which include using “record immigration levels to turbo-charge population growth and housing demand in major cities,” Williams said.
“The political class appears to have lost interest in efforts to raise workers’ productivity and real wage growth through higher business investment per worker.”
Toronto-based analyst Stephen Punwasi says Canada is on its way to becoming the “next Greece,” referring to the way Greeks’ personal incomes tanked more than almost anywhere else after 2009 because of the housing-mortgage-ignited recession.
“Canada has embraced cheap growth by way of residential investment and debt,” Punwasi says. Canada has been putting too much emphasis on home construction, he said, as well as on printing money at a faster rate than almost any other country.
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We ought to be flooding the market with fuel, and we should be receiving encouragement from governments to do so. Affordable reliable energy brought us here and is a necessity to keep us here. Here’s a paradoxical statement from someone who benefits: it would be fantastic to see fuel prices come down. Canada’s less populated circles won’t produce the vast quantities of things that they do, if prices don’t come down.
But in urban centres far away, the laptop class is infinitely more interested in EVs and crypto and COP26 and cartoon villains. This divide between people that buy Carhartt because it lasts forever and those who buy it for the cool factor is dangerous and revolting and a harbinger of very bad things to come. The divide is nothing new, of course; rural and urban people have long had different concerns.
It used to cost Chris Polis about $60 to fill up his gas tank. On Saturday, he shelled out more than $105.
"It's going to be hard to swallow," said Polis, while pumping gas at the Costco station in Nepean.
Polis lives in Almonte, Ont., and makes the 40-minute drive into Ottawa almost every day. Driving is the only way he can get to the city, he said.
"That's why I bought a hybrid — to cut the cost of gas," he said, letting out a sigh.
(Sidebar: moron. What do you think charges the battery of your pious-mobile?)
Gas prices hovered around the $1.92 to $1.95 mark in Ottawa Saturday, but according to Gas Wizard, a site that tracks prices across Canada, they're expected to jump by four cents a litre and sit just shy of two dollars a litre Sunday.
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The number of periodicals in Canada fell nine percent in five years despite almost a third of a billion in federal subsidies, says a Department of Canadian Heritage audit. The disclosure follows confirmation a separate $595 million newspaper bailout did not create jobs as promised: “The industry is facing major challenges.”
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More than $50 million in unpaid student loans will be forgiven at taxpayers’ expense this year, says the Department of Employment that manages the program. Cabinet had suspended debt collections as a temporary Covid relief measure in 2020: “The value of unpaid student loans will continue to grow.”
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Highly recommend everyone watch this interview with @GasPriceWizard as gas prices continue to skyrocket in price across Canada due to the Liberals reckless and destructive policies on Canadians #cdnpoli #polqc #nlpoli pic.twitter.com/7H4OVyNV4U
— RealKrisKo🇨🇦 (@RealKrisKo) May 9, 2022
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The dream of ever owning a home is looking bleak for a majority of Canadians shut out of the housing market, according to new polling from Ipsos.
The new survey conducted exclusively for Global News shows six in 10 (63 per cent) non-home owners have “given up” on ever owning a home.
“As housing prices rise, inflation continues and interest rates go up… we can see that there’s a bunch of Canadians who have kind of given up on the idea of home ownership,” says Gregory Jack, vice-president of public affairs at Ipsos.
Those sentiments are highest in British Columbia (74 per cent), Quebec (72 per cent) and Ontario (62 per cent), but lowest in the Prairies and Atlantic Canada, the polling shows.
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Your government is spying on your online charitable contributions:
Canada has become one of the first countries in the world to require online crowdfunding platforms to report to its anti-money laundering and terrorist financing watchdog, government officials told a special committee examining the truck convoy protest and the steps the government took to end it.
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