Good morning, it’s Thursday, November 6th. In today’s news, Conservatives and Bloc reject the federal budget as NDP considers playing Liberal saviour, D’Entremont’s defection reveals the weak spine of Canadian conservatism, Study: men are more tolerant than the women who preach tolerance, NYC mayor-elect Mamdani stokes fire with Trump, and much more.
All true Anne, and probably a long time closet liberal at heart. It is shameful that an elected official can be a turncoat and be celebrated for that decision.
I hope it passes so we can all see what a debacle it will be. Unfortunately, the elbows up crowd needs to suffer before they wake up. I'm going to continue focusing on things I actually have control over - my family, my friends, my work and my community. Screw Ottawa.
Cental banks, bonds, securities, global finance unless you're involved in that world, do you ever think about it? Inflation, cost of living, this tax, that tax - these are things we see and feel on a daily basis. And debt, with talk of the Budget and what will amount to trillions in new debt (or is it investment as Carney touts?) now I'm rambling, my point is that the world runs on debt. The establishment of The Bank of England, in 1694, marked the beginning of the modern national debt system and parliamentary taxation. Canada will never pay off it's debt, it was never intended to. The world pays it's debt to itself and taxpayers,well we can expect higher interest rates, higher cost of living, slower wage growth, risk to public services and of course future tax increases. It's depressing to look into this topic but we all should have a basic understanding of how it works.
Im sure there are discontented Liberals as well. Just like within
the Trudeau era. None of them crossed the floor though and won’t. D’ENTREMONT is a weak bitter man he wasn’t granted a speaker roll so he bailed.
All true Anne, and probably a long time closet liberal at heart. It is shameful that an elected official can be a turncoat and be celebrated for that decision.
As far as I’m concerned it’s criminal for a member of parliament to cross the floor from his party and defect to the Liberals.
There should have been an election in his riding and the constituents allowed to vote for what they want, not what he decided.
This is just another example of our terrible election process. I wonder what Carney promised him?
I hope it passes so we can all see what a debacle it will be. Unfortunately, the elbows up crowd needs to suffer before they wake up. I'm going to continue focusing on things I actually have control over - my family, my friends, my work and my community. Screw Ottawa.
Cental banks, bonds, securities, global finance unless you're involved in that world, do you ever think about it? Inflation, cost of living, this tax, that tax - these are things we see and feel on a daily basis. And debt, with talk of the Budget and what will amount to trillions in new debt (or is it investment as Carney touts?) now I'm rambling, my point is that the world runs on debt. The establishment of The Bank of England, in 1694, marked the beginning of the modern national debt system and parliamentary taxation. Canada will never pay off it's debt, it was never intended to. The world pays it's debt to itself and taxpayers,well we can expect higher interest rates, higher cost of living, slower wage growth, risk to public services and of course future tax increases. It's depressing to look into this topic but we all should have a basic understanding of how it works.
Great summary! I can’t find anywhere that says this budget is hiking taxes on food, fuel and building materials. Can you elaborate on this? Thanks!
I think a debt of 78 billion dollars takes care of where those increases will come from.
By the increased inflation - yes I get that. It was very specific categories, so I was curious if I missed something.