Canada moves to 2% GDP end of FY25/26 - PMMC

[Czech_pivo]

New

All of that will be additional housing stock? No reduction of existing housing?

 

[HavokFour]

What about my question? Are these 'net new' houses or just replacing existing housing on a 1 to 1 basis? If it's completely net new housing, adding to the housing stock, then that speaks to an overall desire to grow in size the CAF.

Can only offer a magic 8 ball answer, we'll have to wait and see. But I agree if the goal is a bigger CAF then these would be on top of replacing older housing.

 

[Brad Sallows]

Sorry, you're saying that Carney's government is 'left leaning' and has 'moved further left'. Is that what you meant to say?

Sure, I can understand how one could read "left-leaning parties" and assume that I wasn't writing about NDP and Liberals in general but about Carney's government specifically.

The Liberal party has had two major factions/traditions/streams going back at least five decades. Carney is in the Martin/Turner/Martin stream. That stream will not control the party indefinitely. The other stream is the one that cheerfully announced its intention in 2015 to spend all the hard-earned fiscal improvements of the preceding 30 years of governments, and more. They'll be back.

I predict that the new bottom-line spending number will remain, but gradually money will be shifted out of defence and into other portfolios. Even as that shift happens its engineers will agitate for higher taxes "because of all that defence spending increase".

 

[Czech_pivo]

Sure, I can understand how one could read "left-leaning parties" and assume that I wasn't writing about NDP and Liberals in general but about Carney's government specifically.

The Liberal party has had two major factions/traditions/streams going back at least five decades. Carney is in the Martin/Turner/Martin stream. That stream will not control the party indefinitely. The other stream is the one that cheerfully announced its intention in 2015 to spend all the hard-earned fiscal improvements of the preceding 30 years of governments, and more. They'll be back.

I predict that the new bottom-line spending number will remain, but gradually money will be shifted out of defence and into other portfolios. Even as that shift happens its engineers will agitate for higher taxes "because of all that defence spending increase".

For better or worse, all parties swing left or right based largely on the leader and not so much on the base.

 

[Brad Sallows]

For better or worse, all parties swing left or right based largely on the leader and not so much on the base.

The two streams run deep. The Liberals are the most effective federal political party at hanging together, but even they couldn't contain the damage when Chretien was manoeuvred out by Martin.