Liberal (Minority/Majority) Government 2025 - ???

[PPCLI Guy]

Will be interesting to see if the US (hypocritically) chirps about this.

It would be interesting to find out if Trump has even been briefed on this summitt.......

 

[Cloud Cover]

It would be interesting to find out if Trump has even been briefed on this summitt.......

It would be even more interesting if he understands the briefing and comprehends what is happening.

 

[MilEME09]

$50 Billion dollar investment into sask data center. I never thought id see jean chrétien, and Stephen Harper on the same side of an announcement

Bell AI data centre project near Regina to quadruple in size

The size and scope of the Bell AI data centre near Regina have quadrupled, according to the Government of Saskatchewan.

www.ctvnews.ca

 

[MilEME09]

Conservatives are in a lot of trouble with these numbers

https://twitter.com/x/status/2099585670276657442

 

[HavokFour]

This should help get things flowing in.

C$1 Billion minimum.

[Bloomberg]Canada to Prioritize Tax Rulings for Large Investment Proposals​

Archive

So-called advance income tax rulings can provide clarity about how tax authorities will view a proposed transaction. The Canada Revenue Agency typically offers a legally binding, written statement outlining how Canadian tax law will be applied and specifying the taxes for which an entity will be responsible.

Fast-tracked rulings for projects with substantial outlays may allow firms to make decisions more quickly, removing a potential barrier to investment flows.

 

[dapaterson]

Conservatives are in a lot of trouble with these numbers

https://twitter.com/x/status/2099585670276657442

Also shows that the LPC has a vulnerable left flank; not many of the 10% leaving CPC are jumping to the NDP.

 

[HavokFour]

Another modest $50 billion.

Brookfield, CPPIB to launch $50-billion fund to invest in strategic sectors, sources say

Agreement will pave way for large-scale transactions led by major asset manager and Canada’s largest pension fund

www.theglobeandmail.com

Archive

 

[MilEME09]

Confirms imo that Carney is a 90s liberal

https://twitter.com/x/status/2099635025066983670

 

[dapaterson]

Confirms imo that Carney is a 90s liberal

https://twitter.com/x/status/2099635025066983670

Trudeau was much closer to the NDP (party of ideals) than the traditional LPC (broad tent party of power).

The resurgent NDP is evidence of that; the CPC has gone full NDP (party of ideals) rather than attempting to be a broad tent party of power.

 

[Czech_pivo]

Confirms imo that Carney is a 90s liberal

https://twitter.com/x/status/2099635025066983670

Or a 90s PC.

 

[dapaterson]

Or a 90s PC.

I'd say 1980s... The PCs spent much of the 90s exiled - remember when a table for two at Hy's Steakhouse could accommodate the complete PC House of Commons caucus?

 

[Czech_pivo]

I'd say 1980s... The PCs spent much of the 90s exiled - remember when a table for two at Hy's Steakhouse could accommodate the complete PC House of Commons caucus?

Yes, poor Jean and Elise couldn’t even get together a foursome for a golf outing.

 

[HavokFour]

Whoa, big move.

Today, at the first Canada Investment Summit, Prime Minister Carney announced that the federal government is building on that success with the new Productivity Mega Deduction. This game-changing new tax incentive will increase the amount of assets covered from roughly 15% of assets to more than 65%, including fibre-optic cable, mining property, oil and gas pipelines, software, research and development, computer equipment, aircraft and vehicles, patents, rail track, bridges, and roads.

To reinforce Canada’s tax advantage, the federal government is also making immediate expensing permanent so businesses can recover these costs sooner. This will lower the after-tax cost of investing and boost capital investment across Canada. As a result, Canada’s marginal effective tax rate on new business investment will fall from roughly 13% to 6.4% – the lowest of any major economy in the world and less than half the rate in the United States.

Prime Minister Carney introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment

To that end, the Prime Minister, Mark Carney, has introduced a series of changes to make Canada a more competitive environment for businesses.

www.pm.gc.ca

 

[Czech_pivo]

Whoa, big move.

Prime Minister Carney introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment

To that end, the Prime Minister, Mark Carney, has introduced a series of changes to make Canada a more competitive environment for businesses.

www.pm.gc.ca

That is a game changer.

 

[HavokFour]

Whoa, big move.

Prime Minister Carney introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment

To that end, the Prime Minister, Mark Carney, has introduced a series of changes to make Canada a more competitive environment for businesses.

www.pm.gc.ca

A more details.

Government of Canada introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment - Canada.ca

To boost business investment, enhance certainty and simplicity for businesses, and strengthen Canada’s tax competitiveness, the Government of Canada proposes to implement the Productivity Mega Deduction, which will provide immediate expensing for a broad-based range of depreciable property on a...

www.canada.ca

 

[PrairieFella]

I really like that its targeted at actual investment, like machinery and production equipment. I think we can all agree that this the kind of stuff we need to spur foreign investment and that good policy should be applauded.

 

[HavokFour]

More data centers physically inside Canada and better east-west connectivity both domestic and international, with less routing through the US.

Ottawa to help finance nationwide sovereign internet network, Carney says

New tax measures announced at PM’s investment summit will lower cost of building fibre-optic cables

www.theglobeandmail.com

Archive

As Mr. Carney’s government continues to seek alternatives to reduce dependence on the United States, calls have grown to develop more networking infrastructure that would avoid routing Canadian data through U.S. internet exchanges, thereby exposing that data to potential surveillance.

Researchers at the University of Toronto and York University studying the journey taken by data between two Canadian points have found that, among their data sets, about a quarter of those journeys routed through American interchanges, exposing that information to access by the U.S. National Security Agency.

 

[Czech_pivo]

Lots of risk with that.

More data centers physically inside Canada and better east-west connectivity both domestic and international, with less routing through the US.

Ottawa to help finance nationwide sovereign internet network, Carney says

New tax measures announced at PM’s investment summit will lower cost of building fibre-optic cables

www.theglobeandmail.com

Archive

 

[Good2Golf]

Lots of risk with that.

Fortuna audaces iuvat.

 

[PPCLI Guy]

Fortuna audaces iuvat.

And let's not forget the corllorary:

Fortuna timidos opprimit.