Federal Government & Politics II

[someone123]

Originally Posted by theman23

It’s easy to criticize in hindsight, but likely this young family has never seen high interest rates before and were being given advice by people who had a similar experience.

Maybe they were just following the advice of the Governor of the Bank of Canada who told us rates would stay low for a long time.

I'd guess that in practice timing interest rates is a lot like timing the stock market, and it's basically a random walk that depends on a lot of factors. If the Bank of Canada governor doesn't know this we can't blame average people.

[Changing City]

Originally Posted by someone123

Maybe they were just following the advice of the Governor of the Bank of Canada who told us rates would stay low for a long time.

I'd guess that in practice timing interest rates is a lot like timing the stock market, and it's basically a random walk that depends on a lot of factors. If the Bank of Canada governor doesn't know this we can't blame average people.

No, they didn't follow the advice of the Governor, because he said rates would stay low in 2020. By April of 2021 it was already apparent, and widely reported, that interest rates would be going up. By January 2022, when the couple in the Maclean's article qualified for their mortgage, it was already clear that rates would rise, and that "This would be the first of multiple interest rate hikes over the course of the year".

[lio45]

Originally Posted by Marshsparrow

The government is responsible for Canadians assuming tremendous amounts of debt?

Obviously, unless you think that inflationary Covid-era policies and an immigration scheme designed to greatly boost the values of real estate (and thus, of mortgages) are the work of the Flying Spaghetti Monster

Not sure which of the two is worse: that the Liberals are actually unaware of what they did to most Canadians who aren’t Landed Gentry, or that they know but did it anyway. Ineptitude or malevolence? (Actually, there’s a saying in favor of the former, when in doubt!)

[O-tacular]

StatsCan just released a report showing Calgary is the most expensive city in the country for basic necessities and Edmonton is #4. Reasons besides housing include insurance which has shot up as much as 30% due to our Conservative provincial government switching to no fault insurance for their lobbyist friends in the industry, as well as deregulated energy prices that are also the most expensive in the country. And our bloviating potato head, alternative facts Premier is blaming it all on the Carbon Tax and the Federal government. Hope this helps people see that the CPC won't magically make everything cheaper. In fact their deregulation is bound to bite us all in the ass and only benefit the rich.

https://calgary.ctvnews.ca/wake-up-c...nd%20Vancouver.

[MolsonExport]

Even without PST and even with lower provincial income taxes, the cost of living is higher in Calgary? Wait, I thought conservatives were the party of low cost of living! Ayn Randian economics isn't the best approach? What about the bootstraps? Oh, I forgot, its all Trudeau's fault.

out here in Ontario, conservatives want to keep wages way below inflation. 1.25% is all that public sector workers deserve. Year after year, mind you. Education? Cut transfers to universities by 10% (6 years ago) and then hold spending at 2016 levels. Oh, and cut tuition too! Ontario is at the very bottom of all provinces for provincial spending per university student.

And then there is Mike Harris, and his common nonsense revolution, whereby taxpayers pay for the 407 highway, but then it is sold to some Swiss firm so that they can charge people 100 bucks to drive on it!

[lio45]

“Expensive” isn’t the same concept as “unaffordable”. Alberta has higher wages and more disposable income, it’s logical it would be the most “expensive” not-relatively-speaking (i.e. sheer numbers).

Without looking it up I’m sure 1) a Big Mac is more expensive in Zurich than in Caracas and simultaneously 2) a Big Mac is more affordable in Zurich than in Caracas (i.e. the average local has to work a lot less minutes to become able to buy one).

[O-tacular]

Originally Posted by lio45

“Expensive” isn’t the same concept as “unaffordable”. Alberta has higher wages and more disposable income, it’s logical it would be the most “expensive” not-relatively-speaking (i.e. sheer numbers).

Without looking it up I’m sure 1) a Big Mac is more expensive in Zurich than in Caracas and simultaneously 2) a Big Mac is more affordable in Zurich than in Caracas (i.e. the average local has to work a lot less minutes to become able to buy one).

Calgary has the highest level of wealth inequality in the country. Just because we have billionaire hockey team owners being subsidized by tax payers for their sports franchises to the tune of $700 million doesn't mean the average Calgarian can afford the essentials. In fact 1 in 5 Calgarians are home insecure at the moment. Beyond the rising cost of housing there are no rent controls here or provincially. The Conservative free market strikes again!

[O-tacular]

Originally Posted by MolsonExport

Even without PST and even with lower provincial income taxes, the cost of living is higher in Calgary? Wait, I thought conservatives were the party of low cost of living! Ayn Randian economics isn't the best approach? What about the bootstraps? Oh, I forgot, its all Trudeau's fault.

out here in Ontario, conservatives want to keep wages way below inflation. 1.25% is all that public sector workers deserve. Year after year, mind you. Education? Cut transfers to universities by 10% (6 years ago) and then hold spending at 2016 levels. Oh, and cut tuition too! Ontario is at the very bottom of all provinces for provincial spending per university student.

And then there is Mike Harris, and his common nonsense revolution, whereby taxpayers pay for the 407 highway, but then it is sold to some Swiss firm so that they can charge people 100 bucks to drive on it!

It's the economy stupid! Tax bad! Carbon good! Ottawa bad! Okotoks good! Poor people bad! Billionaires good!

[Hackslack]

Calgary, and Alberta is terrible. So terrible there’s a population boom that saw the highest annual net interprovincial gains ever recorded. Shitty place, shitty premier, shitty political party, with the population a bunch of climate change deniars that only drive F-150’s. Bitch bitch bitch bitch bitch bitch Danielle smith, bitch bitch bitch. What a completely, ass backwards loser place Alberta is lead by loser politicians. Eeeeek. Alberta rednecks be like God Bless ‘Berta yeeeehawwww

[casper]

Originally Posted by Hackslack

Calgary, and Alberta is terrible. So terrible there’s a population boom that saw the highest annual net interprovincial gains ever recorded. Shitty place, shitty premier, shitty political party, with the population a bunch of climate change deniars that only drive F-150’s. Bitch bitch bitch bitch bitch bitch Danielle smith, bitch bitch bitch. What a loser place Alberta is.

Highest years of oil exports
From Canada has been under this liberal government. Highest peek years of population growth in Alberta under this liberal government. Building a new secure pipeline to delivers Alberta’s most import export product to market Bruning built by a Piberal government.

Food for thought.

[O-tacular]

Originally Posted by Hackslack

Calgary, and Alberta is terrible. So terrible there’s a population boom that saw the highest annual net interprovincial gains ever recorded. Shitty place, shitty premier, shitty political party, with the population a bunch of climate change deniars that only drive F-150’s. Bitch bitch bitch bitch bitch bitch Danielle smith, bitch bitch bitch. What a completely, ass backwards loser place Alberta is lead by loser politicians. Eeeeek. Alberta rednecks be like God Bless ‘Berta yeeeehawwww

Trudeau and Ottawa are terrible! The carbon tax is terrible! The rest of Canada are freeloaders! Bitch bitch bitch! Carbon tax! Waaaahhhhhhh! Bitch bitch bitch! All Trudeau’s fault! Waaaahhhhhhh!!!!

[Tvisforme]

Originally Posted by O-tacular

Trudeau and Ottawa are terrible! The carbon tax is terrible! The rest of Canada are freeloaders! Bitch bitch bitch! Carbon tax! Waaaahhhhhhh! Bitch bitch bitch! All Trudeau’s fault! Waaaahhhhhhh!!!!

The Oilers would still have Gretzky if not for the carbon tax, no doubt.

[acottawa]

Originally Posted by TorontoDrew

The The Conservatives and Bloc Québécois calling for the Speaker of the House of Commons to resign after he appeared wearing his parliamentary uniform in a video paying tribute to the outgoing interim leader of the Ontario Liberals.

This shit is just so petty. Canadian's don't care about the speaker of the house, they hold very little power over our politics, nothing like the speaker of the houses job in the U.S.

It’s a pretty basic element of parliament that the speaker is supposed to be non-partisan. Donning the speaker’s uniform to film a partisan commercial for a partisan political convention is pretty much the opposite of non-partisan.

The Russians are still milking the last idiot who held the job for propaganda purposes.

[1overcosc]

Originally Posted by O-tacular

Calgary has the highest level of wealth inequality in the country. Just because we have billionaire hockey team owners being subsidized by tax payers for their sports franchises to the tune of $700 million doesn't mean the average Calgarian can afford the essentials. In fact 1 in 5 Calgarians are home insecure at the moment. Beyond the rising cost of housing there are no rent controls here or provincially. The Conservative free market strikes again!

Rent control doesn't make rent more affordable. It makes it more stable. If Calgary had rent control, prices wouldn't be going up as much for existing renters but average rent for new leases would have gone up by even more.

[Innsertnamehere]

Calgary has one of if not the highest median household incomes in the country for a major metro area.

And that’s median, not average, so don’t talk about billionaires driving it up.

[Loco101]

Originally Posted by TorontoDrew

Gotta love the Con's little stunt the other day taking from the MAGA playbook in the Senate with their failed filibuster that went nowhere. The The Conservatives and Bloc Québécois calling for the Speaker of the House of Commons to resign after he appeared wearing his parliamentary uniform in a video paying tribute to the outgoing interim leader of the Ontario Liberals.

This shit is just so petty. Canadian's don't care about the speaker of the house, they hold very little power over our politics, nothing like the speaker of the houses job in the U.S. Sure polls might be in favour of the conservatives right now but in another election the NDP and Liberals can just form another joint government seeing as left leaning voters far out number right leaning voters in this country.

Continue down you pathetic little wanna be Trump path PP, and see where that gets you next election. Just like the Republican Party your party offers nothing but blame and no solutions. All you can offer is quick intensives like killing the carbon tax to win a few cheap votes at the expense of the future of the planet. Well done sir.

https://www.instagram.com/reel/C0CzvFUgeRJ/

I thought that the CPC would get arrogant and cocky if they got a big lead in the polls and PP is definitely being that way. PP trying to halt parliamentary business was such a joke. He did such a poor job at it and wasn't even there! He was at a party fundraiser yet JT was in parliament all night. We're starting to see signs of what PP is really like. He's not much of a leader.

PP is now starting to fail on a number of issues because he won't abandon his far-right supporters.

[whatnext]

Originally Posted by Loco101

I thought that the CPC would get arrogant and cocky if they got a big lead in the polls and PP is definitely being that way. PP trying to halt parliamentary business was such a joke. He did such a poor job at it and wasn't even there! He was at a party fundraiser yet JT was in parliament all night. We're starting to see signs of what PP is really like. He's not much of a leader.

PP is now starting to fail on a number of issues because he won't abandon his far-right supporters.

Yeah, he was at a party raising more money than the Liberals probably raised in a month.

[Loco101]

Originally Posted by whatnext

Yeah, he was at a party raising more money than the Liberals probably raised in a month.

The CPC does cater to wealthier than average people so it shouldn't be difficult to raise a lot.

[Loco101]

Abacus poll:



Link: https://abacusdata.ca/conservative-l...over-liberals/

[Black Star]

Originally Posted by Loco101

I thought that the CPC would get arrogant and cocky if they got a big lead in the polls and PP is definitely being that way. PP trying to halt parliamentary business was such a joke. He did such a poor job at it and wasn't even there! He was at a party fundraiser yet JT was in parliament all night. We're starting to see signs of what PP is really like. He's not much of a leader.

PP is now starting to fail on a number of issues because he won't abandon his far-right supporters.

Holy hell... i'm glad you exposed yourself for how blatantly Ignorant and uneducated you are lol. You have NO shame! Just LIES.