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2026 Canadian Political Thread

Sheen

Well-known member
Aug 2, 2020
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If no one can afford the place, lower the price.

But no, the contractors and owners don't want that, they need to make a big profit on it. Or else they walk away and the place burns down. All covered by insurance.

Look if these places sold at a reduced price, the banks and insurance companies lose money, and then they start charging more for lending money....which could lead to reduce housing market and houses will fall below the mortgage value...
I read that they are going to purchase the condos below the cost of construction. They are lowering the price, but for the government not us

https://www.cbc.ca/news/canada/brit...ey-responds-vancouver-bc-condo-plan-9.7248862
 

80watts

Well-known member
May 20, 2004
3,515
1,340
113
Victoria
If the Canadian Federal Government wants a better tax income.....

Tax the generational wealth aspect, especially if families are hiding the money in a tax shelter, off -shore tax haven, or a family trust.

All of these things should be taxed at personal income for the next generation (takes up to 50% of their wealth). My thinking here is why should generational wealth not help the rest of Canadians in Canada.

The problem here is that Canadian Citizens have better access to accountants and tax strategists, who can start a person to start a "generational wealth" fund. As more people in Canada do this, less money is available for tax income from these wealth savings shelters.

Also banks should be taxed 2 - 3 X on what they make from "borrowing funds" repaymen,t than just plain interest. Interest made from borrowing off stocks (3X), interest off "lines of credits" , Visa interest. Banks have to pay this outright every quarter.... this is the case where the Fed government reaps the benefits of borrow money in Canada....

Also all first time buyers get "simple" interest on their mortgages on 1 house only. This applies to couples (only 1 house allowed only), if they divorce, it only goes to the person who gets the house... The other spose gets the benefit back, and then only a lifetime of 3 houses (3 divorces) applies.

People that have a tax haven shelter outside Canada, when found out, the Cdn government can extract up to 75% of the funds for government use.

Rich people leaving Canada have to leave 80% of assets behind over 2,000,000.00. (taxed of course)
 

licks2nite

Well-known member
Nov 30, 2006
1,321
283
83
Canada's former chief trade negotiator said Monday he doesn't expect Ottawa to reach a tariff deal with Washington before the U.S. midterm elections.

Steve Verheul told an online business audience Monday that there could be a window when U.S. President Donald Trump and his administration are looking for a political win before American voters head to the polls in the fall.

"But I think it's more likely that the discussions will continue beyond the midterms and possibly even into next year."

While Canada and Mexico have both signalled they'd like to see CUSMA renewed for another 16-year period, the U.S. could opt to send the deal to rolling annual reviews. Trump could also trigger a clause to exit the agreement at any point with six months' notice.

While Trump has mused openly about walking away from CUSMA, Verheul noted there's broad support among the U.S. public, businesses, senators and members of Congress for renewing the trade pact.

https://www.biv.com/news/canadas-fo...ts-no-tariff-deal-before-us-midterms-12486721

We're still looking for a better Canadian economy.
 

licks2nite

Well-known member
Nov 30, 2006
1,321
283
83
Consider a reverse mortgage, 80watts. You get the projected value of your equity in cash tax free. You spend freely and when you pass the bank's agent sells to recover the bank's cash. Caveat: if you sell you have to pay the cash back yourself.
 

licks2nite

Well-known member
Nov 30, 2006
1,321
283
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1000000758.jpg
A bit of west coast Canadiana. Historic heritage stern paddle wheeler and bush planes adapted for flights to Victoria and a few other places nearby. Burrard Inlet at east end of Coal Harbour next to Vancouver Convention Centre. 4x zoom and then compressed from 2.4 MB to 195 kB.

Happy Canada Day.
 
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licks2nite

Well-known member
Nov 30, 2006
1,321
283
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Canada can’t trade its way back to prosperity

The Economist even floated Canadian membership in the European Union.

The premise is appealing, but mistakes Canada’s problem. No trading partner can compensate for an economy that has spent years producing too little from each hour of work.

Workers produce more with better tools, and better tools come from investment, the machinery, software and infrastructure that let each worker produce more. Canadian firms have invested less than their American rivals for years.

Between 2013 and 2023, capital spending per worker grew about 28 per cent in the United States and roughly 7 per cent in Canada, and investment in the resource industries fell about 15 per cent. Business makes that investment. Government sets the climate in which firms decide.

Much of the gap between American and European incomes is a choice. Europeans take longer holidays, shorter weeks, earlier retirements. They traded income for time.

American output per person sits near US$85,000 and the European Union near US$43,000. Canada, around US$54,000.

By OECD estimates, an hour of Canadian work produced about US$75 of value in 2023, against US$89 in France and US$97 in the United States. Canada reaches European income only by working longer hours, and still produces less value per hour.

https://www.todayville.com/canada-cant-trade-its-way-back-to-prosperity/

Through extensive Public-Private Partnership (PPP) frameworks Canada builds infrastructure. Either the private sector continues operating the infrastructure after completion and gets paid in accordance with performance. Or alternately government operates the completed infrastructure.

The workforce needs be better familiarised yet and aquire aptitude preferably at an early age to operate infrastructure. Science demonstrations in elementary class. Full fledged hands-on experience on their own space starting by 7th grade. Comprehensive shop and laboratory science courses to the end of 12th grade. Supplemented with maths, English composition, world history, geography. Efficient early learning allowing youths to learn-on-job complex work environments straight out of secondary school.
 

80watts

Well-known member
May 20, 2004
3,515
1,340
113
Victoria
I would add 2 extra languages. And at a early age, cause its easier for kids to learn them.
Spanish and Chinese, (Indonesian, Thai, Japanese, Vietnese, Korean).

Forestry- has to get rid of clearcut (except for emergency cut for infestations), and go to Swedish/Norweigan model of selective cutting. Using wood to build houses is just wasteful (although cheaper), a more permanent solution is cement, ICF.

For mining the government should charge 15-20% mineral take (this sets aside minerals for future use), plus usual take on bussiness taxes. Of the business tax (10%) into a "Rainy day fund/Canadian future fund" of which only partial interest can be used by the Government. It a pay it forward fund for future generations

The main sources for taxes today are: 1. oil and gas taxes 2. income tax 3. GST and PST. 4. Stock market taxes (dividends and captital gains taxes)
 

licks2nite

Well-known member
Nov 30, 2006
1,321
283
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Nurses are governed by an essential service designation, meaning the Labour Relations Board can determine what work functions nurses can and can’t withdraw.

Nurses could decide they are banning non-nursing administrative duties, leaving them to the managers at health authorities to cover.

The union could also restrict overtime, which would quickly decimate the capacity and operating hours of the system due to the fact overtime is widely used just to keep core services, like emergency room departments, available.

An offer of a 12 per cent raise over four years, plus improvements to benefits, shift premiums, and nurse-to-patient ratios, was rejected by 67 per cent of voting members.

Government health authorities tap private nursing agencies to backfill nursing vacancies in care. The move has angered the BCNU president Adriane Gear, which says the government should be spending that money on filling the more than 4,000 vacant nursing positions.

Nurses have cited crowded hospitals, understaffed facilities, reductions in benefits, workplace violence and low-wage increases as roadblocks in the negotiations.

https://www.biv.com/news/commentary...as-pressure-builds-on-eby-government-12500425

Children need to learn how to avoid strain on healthcare facilities throughout elementary school. Nutrition, hygiene, safety, lunch programmes, exercise regimes, manual dexterity.
 
Ashley Madison
Vancouver Escorts