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Liberal Minority Government 2021 - 2025

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The most stupid part of the carbon tax from day one was the rebates. I think if it was used to actually fund Green infrastructure, it wouldn't have been so politically toxic. It's easy to talk shit about the carbon tax until it lowers your hydro bill when the new dam it funded comes online. Or when your commute is halved because it funded a cool rapid transit initiative. Or a new national park is funded and built out as part of a conservation project. Or a pipeline for LNG is built for export to help cut global emissions (I know, long shot on that one...). Etc etc.

I think the rebates were a necessary part of getting the "tax" through. Originally in Ontario the rebates were funding improvements. Insulation, windows, HVAC etc. Doug Ford canceled that thus the federal rebates


When carbon taxes were first envisioned by free-market economists, it was proposed that the carbon tax would be used to reduce income taxes so it wouldn’t penalize productivity. That was the case when Gordon Campbell first introduced in BC. Also, it would take the place of a whole raft of other industrial fees and regulations. I still wasn’t a fan of it under that guise, but it’s better than the current dogs’ breakfast now in BC and federally.
 
If the carbon tax applied by the LPC had done any of those things it might have been more acceptable. All the tax did was virtue signal, and make life more expensive for people.

The real problem with most "green" initiates is simply that they have no tangible benefits for people. Paying more money in Canada, so the Maldives maybe loses a few less centimetres of land over the next 50 years is not a political winner... Paying a bit more so that useful transit gets built, and maybe nuclear generating stations get built in our north? That's a much more palatable situation.
Exactly.
 
As someone who voted Reform all through the 90’s and 00’s, (PCs were non-existent west of Manitoba after 1993) I’ll just say that Maple MAGA is unrecognizable to me and the current crop has me wondering if I should spoil my ballot or vote for them in spite of them.
The term "Maple MAGA" is such utter nonsense.

Leaving aside Trump's recent comments, it completely ignores both current and historical policies and voting records. The present-day Conservative Party is actually in line with the American Democrats, if not to the left. Poilievre himself would be labeled a RINO by Republican voters.

Even with gun laws, they would be labeled anti-gun by Republicans and the NRA because the Conservative policy is only to roll back to Harper era laws, not dismantle the Firearms Act. Even the Democrats aren't asking for regulations that strict, and even California doesn't have laws quite like us.
 
If the carbon tax applied by the LPC had done any of those things it might have been more acceptable. All the tax did was virtue signal, and make life more expensive for people.

The real problem with most "green" initiates is simply that they have no tangible benefits for people. Paying more money in Canada, so the Maldives maybe loses a few less centimetres of land over the next 50 years is not a political winner... Paying a bit more so that useful transit gets built, and maybe nuclear generating stations get built in our north? That's a much more palatable situation.

When one looks back at the LPC while it was under JTs leadership one will notice they seemed to believe deliverables ended at making the announcement.

It will be on Carney to prove that has changed should he form the next Gov.

I also think most Canadians feel we are taxed enough and any new taxation from here on is going to be toxic pill.
 
Robert Fife at Globe and Mail is reporting that Carney is expected to ask the Governor General to dissolve parliament and schedule a snap election for April 28th. That would mean a writ dropping in the next 48 hours (Friday makes sense) and a shortest permissible election period of 37 days.

 
That's what I'm thinking too...

As far as I know, he hasn't met PP. He also hasn't met Carney.

Later in that same interview, he goes on to say how dealing with Trudeau was painful & how chronically dishonest and snobby the LPC was to deal with...

I can't imagine he'll have much more luck with the guy who was advising the LPC during the previous talks.


Does Trump's endorsement of Carney end up helping or hurting him? Should be fun to see how this pans out 🍿

Keep your friends close, and your enemies closer?

Reverse psychology? 🤷‍♂️


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A former Liberal MP and what he has to say about the prospects of a Mark Carney Liberal government

A Carney majority is exactly what's needed right now. Canadians aren't ready nor do they deserve change.
 
A Carney majority is exactly what's needed right now. Canadians aren't ready nor do they deserve change.
Screw You Seth Meyers GIF by Late Night with Seth Meyers
 
I think Jarnhamar is advocating for closing loopholes and taxing corporations appropriately. I'm game for that. 😉

There is no such thing as a corporate tax (a tax that is only paid by a corporation). Any tax on corporations are downloaded to the consumer through increased costs in the product in order to maintain their profit margins. The consumer pays all corporate taxes through product price increases.

When a politician says they're going to tax "corporations" what they really mean is the consumer will pay more for everything to offset the corporate tax but won't know it and can then blame big business for being greedy and protecting their profit margin to stay in business.
 
A former Liberal MP and what he has to say about the prospects of a Mark Carney Liberal government
Carney definitely has to prove that either his climate evangelism was either "just a phase" or that he has the pragmatism to react to the world we live in and shelve (or at least significantly temper) his ideology.

That being said, with "conflict of interest" and "transparency" being the phrases of the day yesterday it's kind of funny that someone actively employed as the head of a O&G lobby organization has their opinion presented and defined primarily as that of a former liberal MP.
 
There is no such thing as a corporate tax (a tax that is only paid by a corporation). Any tax on corporations are downloaded to the consumer through increased costs in the product in order to maintain their profit margins. The consumer pays all corporate taxes through product price increases.

When a politician says they're going to tax "corporations" what they really mean is the consumer will pay more for everything to offset the corporate tax but won't know it and can then blame big business for being greedy and protecting their profit margin to stay in business.
That doesn't mean corporate taxes don't exist, that is the wrong way to look at it, all costs of business are paid by the consumers, labour, product, tax, that doesn't mean I aim directly paying corporate taxes for Tim Hortons when i buy a coffee. When multi billion dollar companies making 20+ billion in profit pass on costs to the consumer, thats just greed, not to mention our tax laws are so full of holes we lose out on billions in taxes any way.
 
There is no such thing as a corporate tax (a tax that is only paid by a corporation). Any tax on corporations are downloaded to the consumer through increased costs in the product in order to maintain their profit margins. The consumer pays all corporate taxes through product price increases.

When a politician says they're going to tax "corporations" what they really mean is the consumer will pay more for everything to offset the corporate tax but won't know it and can then blame big business for being greedy and protecting their profit margin to stay in business.
Income taxes on corporations are a cost, but there are a couple of points to keep in mind about "taxes on corporations".

One is that corporations ought to pay taxes commensurate with use of public infrastructure. Mostly I would expect those to be property taxes.

Another is what ought to happen to profits that leave Canada. With respect to this one, it's not a simple matter of milking the foreign ownership cow. A country benefits from foreign investment, particularly when domestic capital is a bit in short supply because governments are sucking up so much money to fund deficits.

Overall, tax simplification/streamlining (eg. T4) and competition (eg. corporate income taxes) are worthwhile policy avenues to explore. With the all-but-certain election call speculation today, Poilievre and CPC should act as if the end of the runway is in immediate sight and pivot away from everything that grates with whatever passes for independents or persuadable voters in Canada. Campaigning as "not them" is no longer a viable option (it rarely is).
 
There is no such thing as a corporate tax (a tax that is only paid by a corporation). Any tax on corporations are downloaded to the consumer through increased costs in the product in order to maintain their profit margins. The consumer pays all corporate taxes through product price increases.

When a politician says they're going to tax "corporations" what they really mean is the consumer will pay more for everything to offset the corporate tax but won't know it and can then blame big business for being greedy and protecting their profit margin to stay in business.
Now I don't know about that. If we go back to the so-called golden age of the 50s, corporate tax rates in the states were often around 45-50%, but costs were not as frequently passed on to consumers, they just profited less and a more harmonious society ensued (unless you were a minority of course, but I digress, different dark chapter of western history).

But they were a bunch of commies in the 50s right?
 
That being said, with "conflict of interest" and "transparency" being the phrases of the day yesterday
Who says they were "yesterdays" concerns besides you? I know Liberals wish these things would go away, but you can wish in one hand and crap in another. No, I did not imply your a liberal.

These are more than just phrases, these two concerns were a big part of why Canada (and the Liberal Party) got fed up with Trudeau. Carney reign will be far, far shorter if he just ignores conflicts of interest and transparency.
 
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