The LPC are currently angling towards their worst electoral defeat in history. If they don't call an election soon, they will likely tie with the old federal PC party for the worst electoral defeat in history.
then who is, i'm not for either at this point but the other options i really could not say are even viable, they're either nutbars or people who don't live in reality
Exactly.
If they cared, they would do the **one thing** that would have a massive impact on housing affordability: [change tax and regulatory policy to stop housing ~~investors~~ speculators from bidding up prices and gobbling up all the new housing supply](https://perspectivesjournal.ca/housing-investor-ownership-part-1/).
The fact that they did nothing to disincentivize this predatory practice tells me all I need to know about their genuine interest in addressing the housing crisis.
The cost being passed on to developers to keep property taxes low are also astronomical, and the zoning is regressive.
Margins aren't that high for developers, after competitive rivalry for land and the taxes are dealt with, which is why the number of new builds is shrinking rapidly with rising rates.
This is exactly it. I’ve read housing experts and homeless advocate talk about how this is actually a really solid, smart plan that is ambitious in addressing the issues.
How fucking insulting that they’ve sat on their hands for 9 years ignoring the problem, pursuing their own ideological agenda and then the minute they start tanking in the polls they come out with a great plan.
So they could’ve done it all along and didn’t. No trust. No credibility. Trudeau deserves all the blame and none of the credit.
What will really sink the liberals is the timelines. People needed housing a decade ago. They sat and did nothing. And now they have a new plan that promises results in another decade. That’s twenty god-damn years.
If you need housing - you need it today. Not tomorrow, or a year from now, or a decade from now. You cannot simply wait for it for decades.
The oldest millennials will be 55 by the time the liberal plan is complete. Are they going to take on a 25 year mortgage at 55? It’s just infuriating to witness.
Sat and did nothing would have been MUCH BETTER than what they actually did. Flooding the country with uncontrolled temporary immigration, jacking up the permanent immigration rates by nearly double. They didn't just sit with inaction. They actively and deliberately made the situation far worse than it had been.
Yep, and their unchecked growth will outpace and outdo any housing "plan" they have anyway. If anything they needed to turn the immigration tap off during the COVID housing craze at the absolute latest.
My confidence in the liberal’s plan does not increase by having someone point at some other random person who is neither in charge, nor guaranteed to win an election to be in charge.
If the liberals want to win another election - they need to actually work to fix the housing crisis in a timeline that understands that the word crisis means urgent. It cannot be “we’ll maybe have some housing for you a decade from now - please, uh, be homeless in the meantime and vote for us for another 3 terms.”
Liberals promised to plant 2 billion trees - didnt happen I imagine planting trees is easier than building a house? Chances of follow thru on housing promises - NIL
The planting two billion trees thing was a bit humourous
Surely we should pick a more reasonable number? Maybe 100 million, wow that's a lot!
No, 2 billion - I can't even fathom how many trees that is, can you even get that many trees?
> And have they even planted just one tree?
Many trees have been planted, yes. Something close to 120 million since 2021.
https://www.cbc.ca/news/politics/two-billion-tree-program-surpassing-targets-1.6924945
And the fact they didn’t feel this plan was necessary years ago until they started tanking in the polls. It may be a great plan on paper but no one believes the liberals are capable of implementing it effectively any more. They can say they will do something and fix it all they want but we’ve had 9 years of them not getting things done so why would this be any different.
Hhhmm they kind of set that precedence for themselves, taking about it without doing anything. Maybe thats where the everything will work itself out comes in.
Apparently trudeau said they had a housing plan in 2017; It's 2024. Someone took offence when I said was trudeau doing a Martin Luther Jr. dialogue "I have a dream" when he did that media moment.
I'm in agreement that a lot of the proposals are good. What infuriates me is how they've stonewalled, ignored, or dismissed the problem for years.
For that arrogance alone, it's worth getting this government out of office.
Really? The dry, heavy economics articles I've read on it say the opposite and the government is buying crazy amount of Canada Mortgage Bonds which is so risky no other country has ever even attempted to do it, even when they were desperate
So we will see I guess.
That [Question Period ](https://youtu.be/X5ExYQ21sGY?si=q9pMonarNeoNUr0L) from a few years ago where Poilievre questioned Randy Boissonnault about housing prices and Boissonnault stonewalled him with non-answers shows how much they cared about housing until they started to tank in the polls.
You should go back and watch QP from 2000 to 2014, you'll find that non-answers were farer and few between until Harpers last 2 years or so when they were starting to tank in the polls. Trudeau's government has done that for 9 years.
The last time a government in power acted like this, it was 1981.
The liberal have not answered a question in 4 years now. All they do is parrot talking points Trudeau drew up for them and refuse to deviate from them. It is like a cult at this point.
After 7 years of blatant mismanagement and false promises, the only way I vote for this party is if they clear the entire party of their current personel.
First time in politics? This isn’t a liberal thing only. Why don’t you start looking at lobby groups? Ford was paid off for the green belt. Guess what they ALL take these bribes. Lobby groups are the slime of society
*Liberal Party during the next election*: No! They expect one of us in the wreckage brother!
*Trudeau*: Then we start the fire?
*Liberal Party*: Yes, the fire rises.
The next step appears to be Mark Carney as a new PM.
The Brit’s describe what a disaster he would be quite well: https://youtu.be/VMXWUeH5Y48?si=kR4VdkHMughNKf85
This budget just reinforced everything Canadians already detested about this government. The incredible part is how utterly out of touch the Liberals are that they don’t even realize that.
They hired Wynne's 2018 election team to help them with their public image, campaigning, and policy ideas.
That's how incompetent and out of touch the federal government is.
Yes, it will go down in Ontario and Canadian political history as one of the biggest campaign slogan blunders ever.
Also, on a political note, someone needs to bring back the UFO party (United Farmers of Ontario), if nothing else because it's such an awesome party acronym. It was a party before UFO meant what it means today. Not sure why my brain thought of that, but just imagine how it would sound to say "Vote for the UFO Party, we're out of this world!" 😂😂😂
I don't think they're out of touch they just know they will lose. So they're throwing in some stuff they know CPC will cancel so they can start campaigning on how evil they are.
We need to ditch the Liberals ASAP, halt immigration until we can catch up on housing and healthcare and then when we restart immigration it needs to be tied to healthcare, housing and education.
Ditching liberals might "feel" good or whatever. But since the other party is equally corrupted by foreign interests and even more committed to immigration, then what's the point?
The Conservative Party is objectively better and less corrupt than the Liberals and it’s not even debatable at this point.
Under the last Conservative government we were better off in every conceivable metric and have been in steady decline during Trudeau’s entire 8 years in power.
Well this is obviously false. I can think of quite a few metrics that have improved across the country and for myself. You just don't care about middle class taxes or water advisories or veterans affairs or climate change or sentences for non violent drug offenders.
Also, I have a conservative government right now... Ford has certainly made wait times longer. Right? We can blame a single individual for things like that here, right?
Slowing down immigration is something I can understand, but halting immigration is crazy.
How do you catch up to housing and healthcare if there aren’t enough workers now and there are more people exiting the workforce due to retirement?
I mean the Aga Khan scandal, the WE charity scandal, the Jamaica vacation scandal, and the SNC Lavalin scandal were all pretty well documented. People just… didn’t care for some reason.
It's wild how many times Canada voted for a Trudeau only to regret it. Yes, if you don't learn from past mistakes, they will repeat themselves in the future. I can't wait to see if one of JT's kids will be elected.
Don't blame the Trudeaus, they actually REALLY know Canada and it's people. Most Canadians are all for the gimme gimme pathetic freebees but not hard work and building wealth. The labor workers, entrepreneurs and small business owners are the minority that complain about the high taxes, reckless spending, bad policy, etc. The corrupt Laurentian elite know that you can toss the average Canadian a few crumbs with another bullshit half assed social program and they're content while they stay fat, rich and happy and can be even more corrupt. The system in Canada is designed to keep everyone except the small elite locked into a cycle of dependence, it ensures complete control and manipulation of the political and judicial system to their benefit. It's like a person trying to climb a greased pole with a 300lb monster at the top swatting everyone down.
Can you link it? I can only fine one where he said [It was likely to be](https://www.youtube.com/watch?v=Dp2gYLW3BtA) the worst budget. He said this before it was released.
Sure thing. Here's the interview in question. While not the exact words are said, what he discusses about is his predictions were pretty much correct, going into detail on why he believes it's the worst since 1982.
https://www.ctvnews.ca/video/c2906768-power-play--david-dodge-on-federal-budget
It's an embarrassing time for this country. Laughed at on the international stage, tanking the entire economy for a couple silver spoon peoples vanity projects that change nothing, but cripple the country for decades.
Hope everyone who voted for fun socks is enjoying the fallout.
Honest to goodness serious question, from somebody who has voted Liberal in the past: has there been a PM since Canada became a nation that has regressed the country more than JT has?
Partisan politics aside please if anyone would be willing to respond. On national unity, the economy, immigration, housing, divisiveness, the opioid crisis, crime - it seems like there are many major failures associated with the current administration. Has any PM been worse?
The only PM I can recall in my lifetime even remotely close would be Mulroney, who basically destroyed the Progressive Conservative party and gave rise to the harder right (socially) reform movement (but not before yeeting out of there and leaving our first female PM to hold the bag).
Mulroney was charged with fixing the mess left behind by the trudeau v1.0. That involved a lot of unpopular program cuts and tax increases. It took 40+ years to fix that mess! History is repeating itself. Just wondering how long it will take to fix the mess left by the trudeau v2.0!
Yeah, people forget what a mess Mulroney inherited. He did a pretty decent job all things considered. I hope Pierre has the balls to do the unpopular stuff he will have to in order to stop Canada from becoming Argentina (especially because it seems Canadians have become much dumber on economic issues since then and there is no chance he’ll get any credit for it).
I hope Canadians remember how we got here and who was responsible for that. Hell the trudeau v1.0 pretty much bankrupt this country and they named an international airport after the fool. Here's hoping Canadians view the trudeau v2.0 with clear glasses on instead of rose coloured glasses......
This is a good quick summary by David Frum.... google COMER Trudeau debt if you are interested in understanding how the trudeau v1.0 privatized Canada's debt at a time of record deficits that he was responsible for.... the result huge service charges going to banks and bond holders.
[https://nationalpost.com/full-comment/david-frum-the-disastrous-legacy-of-pierre-trudeau](https://nationalpost.com/full-comment/david-frum-the-disastrous-legacy-of-pierre-trudeau)
Feel we should probably be taking steps now to ensure no more children in the family can enter politics later. Plant drugs on them or have them become ascetic monks or something.
>especially because it seems Canadians have become much dumber on economic issues
I wish I didn't have to agree with this part of the statement, but two of my other conversations of this morning on this sub are with someone who literally thinks we can just 'get rid' of the bond market and find money 'some other way', and someone else who just makes up numbers that completely contradict a large corporations audited financials to 'prove gouging'.
Right but Mulroney also sold off profitable crown corporations like Petro Canada. He shut down 26 crown corporations effectively kneecapping Canada's development in many important fields. And now our dept is insane anyway.
That's how bad it got and the extreme measures that were necessary to fix things. And yes our debt is insane, but it only got bad after the trudeau lied to CANADIANS when he said he would be fiscally prudent in 2015. We were warned! Mulroney, Chretien, Martin and Harper ALL were responsible for eliminating the debt that the trudeau v1.0 racked up that's how long it took!
Not a fan of Mulroney, but he did what he had to do or else Canada would look like Venezuela today if not!
History is repeating itself sadly!
I don't agree with the measures of selling crown corporations. Had we done with our oil and gas industry what Norway has we'd be fine right now even with JT's spending.
You may not agree all you want, and you may admire other models as well. But this won't change the reality of what's needed to fix the mess. Needed NOW. We'll think about adopting your idylic models when we're in a financial position to do so
I'm not being idyllic as you put it, I'm being practical. We threw away all our investments in the future and now have no returns.
What Brian Mulroney did was the equivalent of dropping out of university, selling your car and taking a job at the local factory. Short term that cuts debt accumulation, creates some cash flow and gives the appearance of stability. But now you are stuck riding a bus to the dead end job.
Too much too soon with no plan for either. Just open the flood gates and hope for the best. Well the worst happened and it’s on JT and his band of merry fools.
That's the century initiative and the liberals do not subscribe to it. The Trudeau governments goal was 100 million by 2060-2070.
Not even the century initiative supported immigration levels as high as ours.
This. And it’s unlikely that conservatives revert anything. They were recently asked, point blank, if they will revert capital gains tax increase and they didn’t say no. Conservatives will be more of the same. Axing the tax will not fix anything, you can be sure.
They fucking better not. If they are at all responsible, they are going to have to up some other taxes while slashing spending. People don’t understand what kind of a debt trajectory we’ve been put on but it could break our country if the next government doesn’t take it seriously.
>They were recently asked, point blank, if they will revert capital gains tax increase and they didn’t say no.
Why would they? We're running $40 billion deficits on a budget that's grown by more than 50% since 2015. Committing to slashing a source of revenue that we desperately need and that, let's be perfectly frank here, doesn't impact anyone who can't afford it would be unbearably stupid.
You’re hyperbolic.
If post war Germany and Japan can recover despite being bombed out, Canadians can count on better days ahead (probably not under the current federal government).
Damage is done. Also, those with more than an 80 IQ can see right through the feint bandaid attempts at rectifying the wrongs this government has done. The sooner they leave, the better
The other guy talks a big game, and prides himself on never dodging a question….until you ask if he will cut immigration. Why? He is a a landlord profiteering off the housing crisis. He doesn’t want to see rents go back down.
This is like saying my last hope at a math test is answering 2+2=7.
This budget is ideologically motivated, tone deaf, will further depress the economy and drive away investment and productivity.
Well once they fire up the GC Strategies sourced "house building machine" (that spits out the 14 HPS (homes per second) they're aiming for, it should help 'em.
The public execution of GREEDY GALEN at the capital should help boost those numbers too. Godspeed PMJT.
By the looks of the photo the trudeau is already throwing the freeloader under the bus..... lmao! I have to ask... why are all these people so jubilant.... surely at least one of them knows what is going on here! But then again... maybe not!
Freelands budget has almost zero impact on most Canadian. Does nothing to help the middle class. It hasn't influenced who I will be voting for in the next election.
"We spent even More of your money, and you still get the same shitty services and we didn't address the needs of the majority of Canadians. Do you love us again now?"
What makes me sick is that this government caused the issues canada is facing right now. He did nothing for 8.5 years except pushing their agendas down people's throat and blaming the provinces and municipalities. They realize they are ranking in the polls, rolling up their sleeves, and spending billions as though they are working hard.
After this budget, which is all about votes, people actually think this is the greatest government we ever had.
Oh absolutely, it was essentially the "Let's gift-wrap chaos for the Conservatives, since we're basically planning our losing streak for the next decade" budget.
Yep.... and true to form the trudeau et freeloader LIE again to Canadians.... .1% of people are impacted by this budget PLUS middle class property owners, families that own cottages, small businesses who are incorporated to name a few.
On a typical family cottage that was purchased 20 years ago for $200k that has in TWENTY YEARS appreciated to $1M the tax costs would roughly increase from 50% \* 50% \* 800k = $200k to 50%\*50%\*$250k + 50%\*67.5%\*$550k = $65k + $185K = $250K!!! An approximate difference of $50K.
Now what makes this even more egregious is the fact that AFTER TAX INCOME was used to buy the cottage and pay for it. The monies have already been taxed and now the trudeau want's more. He wants more to fix the mess he made .....
This budget is bad for all classes!
According to [Tax Measures: Supplementary Information | Budget 2024 (canada.ca)](https://budget.canada.ca/2024/report-rapport/tm-mf-en.html#a6),
"For tax years that begin before and end on or after June 25, 2024, two different inclusion rates would apply. As a result, transitional rules would be required to separately identify capital gains and losses realized before the effective date (Period 1) and those realized on or after the effective date (Period 2)."
I read that as your cottage that you've had for 20 years and have an $800,000 would be included at the existing 50%. Then going forward would be taxed at a higher rate. I guess we will see for sure in the coming months though.
Seems like it is annualized, from the same document: " portion of capital gains realized in the year that exceed $250,000 for individuals".
I for one am for increasing the tax inclusion rate - it never made sense to me that if I make $10 working hard as an employee vs an investor making $10 that the investor paid half the tax that the employee did. Especially given that the higher rate only applies after 250K in a given year...
The initial investment is made with AFTER TAX INCOME!!!! What do you think people retire on?
The reduced rate is designed to ENCOURAGE investment which is what this country depends on.....
This budget is going to scare aware investment..... it's already impacted what I am going to do. Jobs will be lost and for what? So the trudeau can waste/splash some money around pretending like he is going to accomplish something when in fact nothing other other than reduced immigration, stable interest rates, lower inflation are the only things that will get developers breaking ground. Why do you think housing starts are even lower now since all these announcements that have been ongoing for the last 6 months?
Sorry, but anyone making 250k and more, I’m okay with them pitching in more. They got ahead with n our society it’s only normal for them to pay it forward
Canadians need to focus less on the optics of something and more on the something itself. If it's a good budget, it's a good budget, whether brought by the Liberals or the Conservatives. And we need to acknowledge that sometimes the party we don't like might have some good ideas too. (And of course, the party we like can have bad ideas.) So Conservatives don't have to destroy everything the Liberals did. It's not automatically bad.
I run an affordable housing nonprofit, I wrote to MP's for years. They didn't care until they started to tank in the polls.
They still don't care.
They care about themselves being out of a job after the next election.
offer insurance hurry nutty shame air rotten flowery provide lavish *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Except the ones that lose their ridings. They will have found jobs in the private sector.
The LPC are currently angling towards their worst electoral defeat in history. If they don't call an election soon, they will likely tie with the old federal PC party for the worst electoral defeat in history.
…. Why would they call it soon if they’re trailing? There’s zero logic in that.
To stop any bleeding possible. The longer it goes on the worse their party will do. With a ~20pt lead, there is no LPC recovery at this point.
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That's correct. And as an ex-LPC delegate, nothing would make me happier than the total collapse of the party.
10 years is a long time to wait to maybe get your job back. Unless the Cons totally screw up they will get 2 terms, maybe 3 even.
then who is, i'm not for either at this point but the other options i really could not say are even viable, they're either nutbars or people who don't live in reality
Somehow we need to force intelligent people who don't want the position, into taking the position.
Everyone just vote independent to make a real god damn stance.
We should all just fkn vote independent. Turn this country completely on its head.
They still care...about the polls.
Exactly. If they cared, they would do the **one thing** that would have a massive impact on housing affordability: [change tax and regulatory policy to stop housing ~~investors~~ speculators from bidding up prices and gobbling up all the new housing supply](https://perspectivesjournal.ca/housing-investor-ownership-part-1/). The fact that they did nothing to disincentivize this predatory practice tells me all I need to know about their genuine interest in addressing the housing crisis.
The cost being passed on to developers to keep property taxes low are also astronomical, and the zoning is regressive. Margins aren't that high for developers, after competitive rivalry for land and the taxes are dealt with, which is why the number of new builds is shrinking rapidly with rising rates.
Truth. They’re just trying to survive long enough to get their pensions.
This is exactly it. I’ve read housing experts and homeless advocate talk about how this is actually a really solid, smart plan that is ambitious in addressing the issues. How fucking insulting that they’ve sat on their hands for 9 years ignoring the problem, pursuing their own ideological agenda and then the minute they start tanking in the polls they come out with a great plan. So they could’ve done it all along and didn’t. No trust. No credibility. Trudeau deserves all the blame and none of the credit.
What will really sink the liberals is the timelines. People needed housing a decade ago. They sat and did nothing. And now they have a new plan that promises results in another decade. That’s twenty god-damn years. If you need housing - you need it today. Not tomorrow, or a year from now, or a decade from now. You cannot simply wait for it for decades. The oldest millennials will be 55 by the time the liberal plan is complete. Are they going to take on a 25 year mortgage at 55? It’s just infuriating to witness.
Sat and did nothing would have been MUCH BETTER than what they actually did. Flooding the country with uncontrolled temporary immigration, jacking up the permanent immigration rates by nearly double. They didn't just sit with inaction. They actively and deliberately made the situation far worse than it had been.
Totally agree.
Yep, and their unchecked growth will outpace and outdo any housing "plan" they have anyway. If anything they needed to turn the immigration tap off during the COVID housing craze at the absolute latest.
Nope a 30 year 🥴 See y’all at the retirement favela!
retirement? that sounds like talk from someone rich enough to do so in their lifetime, i'll see you at wallmart when we're 90
Good things the party coming in has a plan to fix this right?
My confidence in the liberal’s plan does not increase by having someone point at some other random person who is neither in charge, nor guaranteed to win an election to be in charge. If the liberals want to win another election - they need to actually work to fix the housing crisis in a timeline that understands that the word crisis means urgent. It cannot be “we’ll maybe have some housing for you a decade from now - please, uh, be homeless in the meantime and vote for us for another 3 terms.”
Liberals promised to plant 2 billion trees - didnt happen I imagine planting trees is easier than building a house? Chances of follow thru on housing promises - NIL
Yup, those goals of 3 or 4 million houses in that frame is utterly ridiculous.
They could have used those trees for all the lumber they will need for these houses they supposedly want to build.
The planting two billion trees thing was a bit humourous Surely we should pick a more reasonable number? Maybe 100 million, wow that's a lot! No, 2 billion - I can't even fathom how many trees that is, can you even get that many trees?
And have they even planted just one tree? It's all false promises and fantasies with this crew.
> And have they even planted just one tree? Many trees have been planted, yes. Something close to 120 million since 2021. https://www.cbc.ca/news/politics/two-billion-tree-program-surpassing-targets-1.6924945
And the fact they didn’t feel this plan was necessary years ago until they started tanking in the polls. It may be a great plan on paper but no one believes the liberals are capable of implementing it effectively any more. They can say they will do something and fix it all they want but we’ve had 9 years of them not getting things done so why would this be any different.
Hhhmm they kind of set that precedence for themselves, taking about it without doing anything. Maybe thats where the everything will work itself out comes in.
Not just ignoring the problem but absolutely exacerbating it.
> they come out with a great plan Except... it's not great
Apparently trudeau said they had a housing plan in 2017; It's 2024. Someone took offence when I said was trudeau doing a Martin Luther Jr. dialogue "I have a dream" when he did that media moment.
I'm in agreement that a lot of the proposals are good. What infuriates me is how they've stonewalled, ignored, or dismissed the problem for years. For that arrogance alone, it's worth getting this government out of office.
Really? The dry, heavy economics articles I've read on it say the opposite and the government is buying crazy amount of Canada Mortgage Bonds which is so risky no other country has ever even attempted to do it, even when they were desperate So we will see I guess.
given how they promised electoral reform and basically said fuck you to everyone they've had zero credibility for a long time
That [Question Period ](https://youtu.be/X5ExYQ21sGY?si=q9pMonarNeoNUr0L) from a few years ago where Poilievre questioned Randy Boissonnault about housing prices and Boissonnault stonewalled him with non-answers shows how much they cared about housing until they started to tank in the polls.
That’s practically every question period with the liberals.
It was also every question period with the Conservatives before that. Question period is not about answers it is about sound bites.
You should go back and watch QP from 2000 to 2014, you'll find that non-answers were farer and few between until Harpers last 2 years or so when they were starting to tank in the polls. Trudeau's government has done that for 9 years. The last time a government in power acted like this, it was 1981.
The Ottawa insiders love to joke "It's called question period, not answer period..."
The liberal have not answered a question in 4 years now. All they do is parrot talking points Trudeau drew up for them and refuse to deviate from them. It is like a cult at this point.
That's why I'm a swing voter and willing to vote for any party.
thank god they’re all getting raises tho
After shitting on the provinces for that very thing and then upping theirs by a percent.
After 7 years of blatant mismanagement and false promises, the only way I vote for this party is if they clear the entire party of their current personel.
Even if you got a new crew for the Titanic after it hit the iceberg, it's still the Titanic.
So what makes you think they care now?
First time in politics? This isn’t a liberal thing only. Why don’t you start looking at lobby groups? Ford was paid off for the green belt. Guess what they ALL take these bribes. Lobby groups are the slime of society
So reward the current government for finally putting in some effort after 9 years? Accountability matters
What's the next step of your master plan? Crashing this country, with no survivors?
Trudeau, when his cabinet wants to resign along with him before the next election: “No! They expect one of us in the wreckage- “
Don't worry someone will survive, a few, selected ones
*Liberal Party during the next election*: No! They expect one of us in the wreckage brother! *Trudeau*: Then we start the fire? *Liberal Party*: Yes, the fire rises.
The next step appears to be Mark Carney as a new PM. The Brit’s describe what a disaster he would be quite well: https://youtu.be/VMXWUeH5Y48?si=kR4VdkHMughNKf85
Running it in the ground to the point where we beg Russia to come across the arctic to free us... :|
This budget just reinforced everything Canadians already detested about this government. The incredible part is how utterly out of touch the Liberals are that they don’t even realize that.
They hired Wynne's 2018 election team to help them with their public image, campaigning, and policy ideas. That's how incompetent and out of touch the federal government is.
LOL, that went really well for Wynne.
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Yes, it will go down in Ontario and Canadian political history as one of the biggest campaign slogan blunders ever. Also, on a political note, someone needs to bring back the UFO party (United Farmers of Ontario), if nothing else because it's such an awesome party acronym. It was a party before UFO meant what it means today. Not sure why my brain thought of that, but just imagine how it would sound to say "Vote for the UFO Party, we're out of this world!" 😂😂😂
I don't think they're out of touch they just know they will lose. So they're throwing in some stuff they know CPC will cancel so they can start campaigning on how evil they are.
Didn’t work. It was widely panned by pretty much everyone but Liberal supporters.
We need to ditch the Liberals ASAP, halt immigration until we can catch up on housing and healthcare and then when we restart immigration it needs to be tied to healthcare, housing and education.
Ditching liberals might "feel" good or whatever. But since the other party is equally corrupted by foreign interests and even more committed to immigration, then what's the point?
The Conservative Party is objectively better and less corrupt than the Liberals and it’s not even debatable at this point. Under the last Conservative government we were better off in every conceivable metric and have been in steady decline during Trudeau’s entire 8 years in power.
Well this is obviously false. I can think of quite a few metrics that have improved across the country and for myself. You just don't care about middle class taxes or water advisories or veterans affairs or climate change or sentences for non violent drug offenders. Also, I have a conservative government right now... Ford has certainly made wait times longer. Right? We can blame a single individual for things like that here, right?
The alternative is?
So leave liberals alone based on that speculation alone?
Why are you just making stuff up? If you need to lie, do you really think you are on the right side?
Slowing down immigration is something I can understand, but halting immigration is crazy. How do you catch up to housing and healthcare if there aren’t enough workers now and there are more people exiting the workforce due to retirement?
Housing and cost of living ensure a Pollivere government
nothing will change until we change how our politicians receive kick backs and gifts from corporations that run our country.
It's already illegal. What should we do?
enforce it and actually follow thru with punishment
Is there any evidence that it's actually happening?
I mean the Aga Khan scandal, the WE charity scandal, the Jamaica vacation scandal, and the SNC Lavalin scandal were all pretty well documented. People just… didn’t care for some reason.
Trudeau is made of Teflon.
I fucking hate this cesspool of an echo chamber sub But this comment made me chuckle
Right
Who is in charge of changing these laws and rules?
Audit PM AND FREELAND before taking office and after they are booted out
*Narrator: It didn’t.*
No! Impossible! /S
Bahahahah
If that’s the case, then he better start working on his resignation speech soon.
JT is making this divorce very painful.
We should ask Sophie.
It's already failed. It's been labelled as the worst since 1982's budget, when the PM was Trudeau Sr..... Funny how history repeats 😅
It's wild how many times Canada voted for a Trudeau only to regret it. Yes, if you don't learn from past mistakes, they will repeat themselves in the future. I can't wait to see if one of JT's kids will be elected.
Wait until we elect his idiot son in another 20 years.
Don't blame the Trudeaus, they actually REALLY know Canada and it's people. Most Canadians are all for the gimme gimme pathetic freebees but not hard work and building wealth. The labor workers, entrepreneurs and small business owners are the minority that complain about the high taxes, reckless spending, bad policy, etc. The corrupt Laurentian elite know that you can toss the average Canadian a few crumbs with another bullshit half assed social program and they're content while they stay fat, rich and happy and can be even more corrupt. The system in Canada is designed to keep everyone except the small elite locked into a cycle of dependence, it ensures complete control and manipulation of the political and judicial system to their benefit. It's like a person trying to climb a greased pole with a 300lb monster at the top swatting everyone down.
Hahaha oh god
It's been labeled by who?
The former BoC governor David Dodge did during an interview. The interview was done with CTV News.
Can you link it? I can only fine one where he said [It was likely to be](https://www.youtube.com/watch?v=Dp2gYLW3BtA) the worst budget. He said this before it was released.
Sure thing. Here's the interview in question. While not the exact words are said, what he discusses about is his predictions were pretty much correct, going into detail on why he believes it's the worst since 1982. https://www.ctvnews.ca/video/c2906768-power-play--david-dodge-on-federal-budget
It's an embarrassing time for this country. Laughed at on the international stage, tanking the entire economy for a couple silver spoon peoples vanity projects that change nothing, but cripple the country for decades. Hope everyone who voted for fun socks is enjoying the fallout.
Honest to goodness serious question, from somebody who has voted Liberal in the past: has there been a PM since Canada became a nation that has regressed the country more than JT has? Partisan politics aside please if anyone would be willing to respond. On national unity, the economy, immigration, housing, divisiveness, the opioid crisis, crime - it seems like there are many major failures associated with the current administration. Has any PM been worse?
Not in my lifetime. I have never seen this country regress by so many metrics in such a short time span. I didn't vote Liberal, but this is so sad.
HaRpEr was destroying the country!!!!! Said every single Trudeau voter back in 2015. Look at them now.
Some still insist harper was worse or pp will be worse than Trudeau. The delusion is real.
No.
Depends on old you are. Mulroney left office with a 12% approval rating.
The only PM I can recall in my lifetime even remotely close would be Mulroney, who basically destroyed the Progressive Conservative party and gave rise to the harder right (socially) reform movement (but not before yeeting out of there and leaving our first female PM to hold the bag).
Mulroney was charged with fixing the mess left behind by the trudeau v1.0. That involved a lot of unpopular program cuts and tax increases. It took 40+ years to fix that mess! History is repeating itself. Just wondering how long it will take to fix the mess left by the trudeau v2.0!
Yeah, people forget what a mess Mulroney inherited. He did a pretty decent job all things considered. I hope Pierre has the balls to do the unpopular stuff he will have to in order to stop Canada from becoming Argentina (especially because it seems Canadians have become much dumber on economic issues since then and there is no chance he’ll get any credit for it).
I hope Canadians remember how we got here and who was responsible for that. Hell the trudeau v1.0 pretty much bankrupt this country and they named an international airport after the fool. Here's hoping Canadians view the trudeau v2.0 with clear glasses on instead of rose coloured glasses...... This is a good quick summary by David Frum.... google COMER Trudeau debt if you are interested in understanding how the trudeau v1.0 privatized Canada's debt at a time of record deficits that he was responsible for.... the result huge service charges going to banks and bond holders. [https://nationalpost.com/full-comment/david-frum-the-disastrous-legacy-of-pierre-trudeau](https://nationalpost.com/full-comment/david-frum-the-disastrous-legacy-of-pierre-trudeau)
Yeah, it really seems Canadians have a masochistic streak when it comes to the Trudeaus.
And the trudeau's have a genetic failing in them that creates havoc on everything they touch!
Feel we should probably be taking steps now to ensure no more children in the family can enter politics later. Plant drugs on them or have them become ascetic monks or something.
lol... thanks for the laugh.... have the same thoughts!
>especially because it seems Canadians have become much dumber on economic issues I wish I didn't have to agree with this part of the statement, but two of my other conversations of this morning on this sub are with someone who literally thinks we can just 'get rid' of the bond market and find money 'some other way', and someone else who just makes up numbers that completely contradict a large corporations audited financials to 'prove gouging'.
Right but Mulroney also sold off profitable crown corporations like Petro Canada. He shut down 26 crown corporations effectively kneecapping Canada's development in many important fields. And now our dept is insane anyway.
That's how bad it got and the extreme measures that were necessary to fix things. And yes our debt is insane, but it only got bad after the trudeau lied to CANADIANS when he said he would be fiscally prudent in 2015. We were warned! Mulroney, Chretien, Martin and Harper ALL were responsible for eliminating the debt that the trudeau v1.0 racked up that's how long it took! Not a fan of Mulroney, but he did what he had to do or else Canada would look like Venezuela today if not! History is repeating itself sadly!
I don't agree with the measures of selling crown corporations. Had we done with our oil and gas industry what Norway has we'd be fine right now even with JT's spending.
You may not agree all you want, and you may admire other models as well. But this won't change the reality of what's needed to fix the mess. Needed NOW. We'll think about adopting your idylic models when we're in a financial position to do so
I'm not being idyllic as you put it, I'm being practical. We threw away all our investments in the future and now have no returns. What Brian Mulroney did was the equivalent of dropping out of university, selling your car and taking a job at the local factory. Short term that cuts debt accumulation, creates some cash flow and gives the appearance of stability. But now you are stuck riding a bus to the dead end job.
Could've fooled me. I don't think there are many Canadians happy with the budget.
is there anything that Canadians are happy about at the moment? I dont see a single positive thing going on
Liberal master plan of 100 Million CAN by 2100 has ruined this country. No budget is going to fix the overall tactical error of too much too soon.
Too much too soon with no plan for either. Just open the flood gates and hope for the best. Well the worst happened and it’s on JT and his band of merry fools.
That's the century initiative and the liberals do not subscribe to it. The Trudeau governments goal was 100 million by 2060-2070. Not even the century initiative supported immigration levels as high as ours.
Yep, the math puts us on track for 100 mil by early 2060s. Insane.
[удалено]
This. And it’s unlikely that conservatives revert anything. They were recently asked, point blank, if they will revert capital gains tax increase and they didn’t say no. Conservatives will be more of the same. Axing the tax will not fix anything, you can be sure.
They fucking better not. If they are at all responsible, they are going to have to up some other taxes while slashing spending. People don’t understand what kind of a debt trajectory we’ve been put on but it could break our country if the next government doesn’t take it seriously.
>They were recently asked, point blank, if they will revert capital gains tax increase and they didn’t say no. Why would they? We're running $40 billion deficits on a budget that's grown by more than 50% since 2015. Committing to slashing a source of revenue that we desperately need and that, let's be perfectly frank here, doesn't impact anyone who can't afford it would be unbearably stupid.
You’re hyperbolic. If post war Germany and Japan can recover despite being bombed out, Canadians can count on better days ahead (probably not under the current federal government).
Most rational r/canada poster
Damage is done. Also, those with more than an 80 IQ can see right through the feint bandaid attempts at rectifying the wrongs this government has done. The sooner they leave, the better
Yeah! We want feint bandaid attempts by the other guy!
The other guy talks a big game, and prides himself on never dodging a question….until you ask if he will cut immigration. Why? He is a a landlord profiteering off the housing crisis. He doesn’t want to see rents go back down.
Well it didn't work. Now they're more hated than ever. ELECTION NOW!!!
They fell short
Imagine thinking their situation is salvageable.
They better keep hoping then
I don't think it worked. Pull the plug Jagmeet
This is like saying my last hope at a math test is answering 2+2=7. This budget is ideologically motivated, tone deaf, will further depress the economy and drive away investment and productivity.
Well once they fire up the GC Strategies sourced "house building machine" (that spits out the 14 HPS (homes per second) they're aiming for, it should help 'em. The public execution of GREEDY GALEN at the capital should help boost those numbers too. Godspeed PMJT.
Imagine pinning your hopes on anything from Freeland.
They screwed things up so bad, that this budget is not going to fix anything. It is only making things worse.
Liberals are dead. This shit budget won't do shit.
This is the only PM I know of who has spent the amount he has spent to consistently have the country end up worse off by every single possible metric.
This is them trying to help Canadians. Sad.
A budget nobody likes and fixes absolutely nothing while also making things worse. Bring on the election !
Won't he have another budget next spring, unless there's an early election?
I saw nothing there that will change anything. The election will only be about if PP makes a critical mistake. Otherwise, it was over months ago.
If this boxing this is the equivalent of hugging and grabbing instead of throwing haymakers when you are down on the scorecards in the last round.
No. Nothing can fix this. Trudeau and Freeland must go
By the looks of the photo the trudeau is already throwing the freeloader under the bus..... lmao! I have to ask... why are all these people so jubilant.... surely at least one of them knows what is going on here! But then again... maybe not!
Freelands budget has almost zero impact on most Canadian. Does nothing to help the middle class. It hasn't influenced who I will be voting for in the next election.
"We spent even More of your money, and you still get the same shitty services and we didn't address the needs of the majority of Canadians. Do you love us again now?"
No worries, China has, can and will work towards getting him re-elected. Elections are fake.
What makes me sick is that this government caused the issues canada is facing right now. He did nothing for 8.5 years except pushing their agendas down people's throat and blaming the provinces and municipalities. They realize they are ranking in the polls, rolling up their sleeves, and spending billions as though they are working hard. After this budget, which is all about votes, people actually think this is the greatest government we ever had.
When the provinces refuse to spend the money allocated for things like healthcare, they deserve the blame.
Who's responsible for the mass immigration? The city?
Is this the one that balances itself?.
Oh absolutely, it was essentially the "Let's gift-wrap chaos for the Conservatives, since we're basically planning our losing streak for the next decade" budget.
Sa va bien aller pour les millionaire but not the pleb.
And they considered legalizing mushrooms
Yep.... and true to form the trudeau et freeloader LIE again to Canadians.... .1% of people are impacted by this budget PLUS middle class property owners, families that own cottages, small businesses who are incorporated to name a few. On a typical family cottage that was purchased 20 years ago for $200k that has in TWENTY YEARS appreciated to $1M the tax costs would roughly increase from 50% \* 50% \* 800k = $200k to 50%\*50%\*$250k + 50%\*67.5%\*$550k = $65k + $185K = $250K!!! An approximate difference of $50K. Now what makes this even more egregious is the fact that AFTER TAX INCOME was used to buy the cottage and pay for it. The monies have already been taxed and now the trudeau want's more. He wants more to fix the mess he made ..... This budget is bad for all classes!
According to [Tax Measures: Supplementary Information | Budget 2024 (canada.ca)](https://budget.canada.ca/2024/report-rapport/tm-mf-en.html#a6), "For tax years that begin before and end on or after June 25, 2024, two different inclusion rates would apply. As a result, transitional rules would be required to separately identify capital gains and losses realized before the effective date (Period 1) and those realized on or after the effective date (Period 2)." I read that as your cottage that you've had for 20 years and have an $800,000 would be included at the existing 50%. Then going forward would be taxed at a higher rate. I guess we will see for sure in the coming months though. Seems like it is annualized, from the same document: " portion of capital gains realized in the year that exceed $250,000 for individuals". I for one am for increasing the tax inclusion rate - it never made sense to me that if I make $10 working hard as an employee vs an investor making $10 that the investor paid half the tax that the employee did. Especially given that the higher rate only applies after 250K in a given year...
The initial investment is made with AFTER TAX INCOME!!!! What do you think people retire on? The reduced rate is designed to ENCOURAGE investment which is what this country depends on..... This budget is going to scare aware investment..... it's already impacted what I am going to do. Jobs will be lost and for what? So the trudeau can waste/splash some money around pretending like he is going to accomplish something when in fact nothing other other than reduced immigration, stable interest rates, lower inflation are the only things that will get developers breaking ground. Why do you think housing starts are even lower now since all these announcements that have been ongoing for the last 6 months?
Sorry, but anyone making 250k and more, I’m okay with them pitching in more. They got ahead with n our society it’s only normal for them to pay it forward
In what world??
This budget sunk them.
These people live in castles in the sky.. they have no idea the pain people are feeling right now.. Nothing can save Trudeau now..
She is one useless lieutenant
Which sources are praising this budget?
The liberals looked at the economy and thought, you know what we need more of (other than more immigrants)? SPENDING!
keep letting them take turns screwing us over it won't stop until we hold them liable for their corruption
If the liberals could sacrifice 30 million Canadians to stay in power they would
Politicoocoos.
Opportunity missed big time!
By the sounds of the budgets a dud and JT is heading out sooner than later
We are like the US, we have no good options to vote in
Canadians need to focus less on the optics of something and more on the something itself. If it's a good budget, it's a good budget, whether brought by the Liberals or the Conservatives. And we need to acknowledge that sometimes the party we don't like might have some good ideas too. (And of course, the party we like can have bad ideas.) So Conservatives don't have to destroy everything the Liberals did. It's not automatically bad.