Liberal Minority Government 2025 - ???

[daftandbarmy]

And the highest income tax bracket had a tax rate of 90%.

The same people lamenting the current situation are likely to lament any of that as a solution…

One solution is to start your own company and pay low taxes at the corporate rate as opposed to getting sucked in to highly paid, highly taxed, soul destroying employment with someone else.

That guy running the corner store in your 'hood might just have it all figured out .

Corporation tax rates - Canada.ca

Information for corporations about federal, provincial and territorial income tax rates.

www.canada.ca

 

[Eaglelord17]

That is grotesquely untrue. The story of class mobility in Canada (and the US) is upward movement from the middle to upper class, and lower to middle class. The wealth disparity between the extreme rich and everyone else has increased, but it's risibly absurd to resent a handful of super-rich people and pretend that particular relative measure amounts to "poorer". What matters is that real poverty and low-income subsistence continues to be eroded.

Do you believe that the current generation coming up has as much or more opportunity as previous generations? Do you believe that they will have a higher standard of living then them?

My neighbour finished highschool and three days later started work in a factory making substantially more than most make today, and was able to retire by 51. Wife worked two or three days a week well he worked.

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

Things are fine if you were locked in before the prices went up. For everyone else good luck ever getting ahead.

 

[Halifax Tar]

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

Begrudgingly I will give the Carney LPC Gov a chance to have at this. But with the rest of your post I think you are right on the money.

 

[Remius]

Do you believe that the current generation coming up has as much or more opportunity as previous generations? Do you believe that they will have a higher standard of living then them?

My neighbour finished highschool and three days later started work in a factory making substantially more than most make today, and was able to retire by 51. Wife worked two or three days a week well he worked.

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

Things are fine if you were locked in before the prices went up. For everyone else good luck ever getting ahead.

Over credentialization over OJT

Too much investment in real estate over business

4 year election cycle thinking over long term planning

This is what the previous generation has left for the one that is currently about to take over.

 

[QV]

Do you believe that the current generation coming up has as much or more opportunity as previous generations? Do you believe that they will have a higher standard of living then them?

My neighbour finished highschool and three days later started work in a factory making substantially more than most make today, and was able to retire by 51. Wife worked two or three days a week well he worked.

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

Things are fine if you were locked in before the prices went up. For everyone else good luck ever getting ahead.

PP talked about resolving this quite a lot leading up to and in his campaign. Canadians didn't vote for that. They voted for more deficit spending.

 

[Jarnhamar]

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

IMO there's already a big crisis for our youth - mental health.

Some legitimate. Some is this weird kind of social pressure to have something wrong. And some being unable to handle small inconveniences and daily life.

 

[Brad Sallows]

Do you believe that the current generation coming up has as much or more opportunity as previous generations? Do you believe that they will have a higher standard of living then them?

My neighbour finished highschool and three days later started work in a factory making substantially more than most make today, and was able to retire by 51. Wife worked two or three days a week well he worked.

We are on the verge of a crisis for our youth. Many of them are checking out because the odds are stacked against them. The government is only providing platitudes and no one is trying to resolve it in a meaningful way.

Things are fine if you were locked in before the prices went up. For everyone else good luck ever getting ahead.

I know a few people who have that beef. "Why can't I have what my father had?"

What those people have in common are fathers who lucked into exceptional circumstances. There is a widespread misconception that well-paid union jobs with lavish retirement provisions were common post-WWII up to about a couple of decades ago. They weren't. That kind of employment still exists, but mostly in public agencies and organizations. And "retire at 51" is really exceptional. Boomers and pre-Boomers I know, provided they went straight from high school into post-secondary/employment with no "gap" years were hitting the "age + years employed" thresholds at 56 or more, for the employers with those kinds of retirement provisions (ie. unionized with magic numbers around 88 or 90). Everyone else I know retired, or plans to retire, later. Many of those who chose private sector employment did not or do not expect to even formally retire by 65.

If people are going to keep throwing "retired at 51" edge cases out into the discussion, their expectations are wildly unreasonable and there's no point trying to "resolve it in a meaningful way".

There is only one hardship facing younger adults : cost of housing/rent. By earlier generations' standards, pretty much everything else is gravy. If we could confine the discussion to housing costs, it might go somewhere. Anything else thrown in just suggests that the other person has never listened to anyone describe typical earlier living standards in Canada, or failed to pay attention, or never really grasped what sorts of things they take for granted that earlier generations did not.

 

[Remius]

There is only one hardship facing younger adults : cost of housing/rent

No offense. But that is a completely disconnected from the actual reality statement.

 

[mariomike]

[

Boomers and pre-Boomers I know, provided they went straight from high school into post-secondary/employment with no "gap" years were hitting the "age + years employed" thresholds at 56 or more, for the employers with those kinds of retirement provisions (ie. unionized with magic numbers around 88 or 90).

Only familiar with one plan. 85 and 90 Factors.

went straight from high school

Right.

Normal Retirement Age | myOMERS

members.omers.com

 

[Brad Sallows]

No offense. But that is a completely disconnected from the actual reality statement.

What else constitutes hardship, in any sensible meaning of the word?

 

[IKnowNothing]

No offense. But that is a completely disconnected from the actual reality statement.

I think it depends on his meaning of "hardship." Each generation has their geopolitical hardships (wars, MAD, etc) their economic hardships (great depression, 80's inflation, their existential hardships ( questions re technological advancement and it's effect on their future). The sliders go up and down on their severity, but overall we've all always been faced with something(s). So giving Brad the benefit of the doubt that what he's saying is that Cost of Housing is the only unique and foundational hardship of the present- I would tend to agree. The rest of "it" could be borne both financially and mentally if housing wasn't completely decoupled from income across the country.

 

[The Bread Guy]

Nooooooooooot a good look, this happening twice so far ....

Carney's cabinet ministers evade journalists' questions at defence industry show

OTTAWA - For the second time in as many days, a member of Prime Minister Mark Carney’s cabinet cancelled media availabilities today and refused to take questions from reporters.

www.thecanadianpressnews.ca

 

[Remius]

Nooooooooooot a good look, this happening twice so far ....

Carney's cabinet ministers evade journalists' questions at defence industry show

OTTAWA - For the second time in as many days, a member of Prime Minister Mark Carney’s cabinet cancelled media availabilities today and refused to take questions from reporters.

www.thecanadianpressnews.ca

Agreed. Avoiding media is never a good look.

 

[Czech_pivo]

Nooooooooooot a good look, this happening twice so far ....

Carney's cabinet ministers evade journalists' questions at defence industry show

OTTAWA - For the second time in as many days, a member of Prime Minister Mark Carney’s cabinet cancelled media availabilities today and refused to take questions from reporters.

www.thecanadianpressnews.ca

Maybe its a case of 'Trust is earned, not given.' He was burned by SG about pipelines the day after his new Cabinet position so Carney is like, 'At this time I don't give any of you permission to speak to the media about topics X, Y and Z until you've proven your loyalty to me and earned my trust.'

I'm of the belief that ALL of his cabinet ministers should be viewing the time between 2 weeks ago and the fall budget as a 'trial period' and those that don't make the cut be the fall budget will be turfed in a cabinet shuffle

 

[The Bread Guy]

Maybe its a case of 'Trust is earned, not given.' He was burned by SG about pipelines the day after his new Cabinet position so Carney is like, 'At this time I don't give any of you permission to speak to the media about topics X, Y and Z until you've proven your loyalty to me and earned my trust.'

If that's the case, it's another tile in the "central control" mosaic. We'll have to see what other things happen between now and the budget.

I'm of the belief that ALL of his cabinet ministers should be viewing the time between 2 weeks ago and the fall budget as a 'trial period' and those that don't make the cut be the fall budget will be turfed in a cabinet shuffle

That WOULD be interesting to see.

 

[GR66]

Or maybe defence procurement is tied up in so many issues where there are multiple balls in the air that it's unlikely that any answer given by a minister is sure to be accurate.

• What are the defence investment asks from the US in relation to any ongoing tariff negotiations...complicated by today's trade court ruling in the United States?
• What is being discussed as far as potential Canadian involvement in the Golden Dome plan?
• What details are being hashed out with the EU with regard to the European rearmament plans?

Any one of these issues could have a significant impact on what the defence budget might look like and what money might be available for various projects so it could very well be that neither individual ministers or even the PM know at this moment what our immediate defence priorities will be.

Now the proper response by the Government should be to explain that, but we also know that in modern "gottcha" politics/journalism a response of "I don't know" is presented as incompetence rather than an honest and reasonable response.

 

[MilEME09]

PP talked about resolving this quite a lot leading up to and in his campaign. Canadians didn't vote for that. They voted for more deficit spending.

Neither leader was offering no deficit, what won out was how that deficits was being spent. Cpc was offering essentially status quo of investing in resources but not nessicarily refining and finished products. The liberals offered a from extraction to store shelf plan to boost all aspects of the process. Remains to be seen if it works out but they planned far more investment in the process not just extraction when you look at their platform costs.

 

[daftandbarmy]

IMO there's already a big crisis for our youth - mental health.

Some legitimate. Some is this weird kind of social pressure to have something wrong. And some being unable to handle small inconveniences and daily life.

You're not wrong there...

A Generation at Risk - Youth Mental Health in Canada — Mental Health Research Canada

• Youth • Mental Health • Youth mental health • Canadian youth mental health • 2SlGBTQI+ Youth • Mental Health Literacy • Youth suicide prevention • Suicide prevention • Anxiety • Depression • Indigenous youth mental health

www.mhrc.ca

 

[daftandbarmy]

Junket-Gate? Probably not....

30 MPs accepted $230K in free travel last year, mostly for trips to Taiwan​

Ethics commissioner's annual report details sponsored travel by MPs​

Members of Parliament accepted more than $230,000 in flights, hotels and gifts from foreign governments, advocacy groups and private companies last year according to an annual report from the conflict of interest and ethics commissioner.

Konrad von Finckenstein's report on the sponsored travel accepted by MPs for 2024 reveals that 30 MPs accepted trips to locations around the world including Colombia, the Ivory Coast, Bahrain, the United Arab Emirates, Jordan, France and Germany.

But more than half of the $230,000 in travel accepted by federal legislators was paid for by Taiwan, which spent just over $126,000 bringing MPs to their country.

https://www.cbc.ca/news/politics/sponsored-mp-travel-list-2024-1.7547436

 

[lenaitch]

4 year election cycle thinking over long term planning

To be fair, every representative democracy 'suffers' from that.

IMO there's already a big crisis for our youth - mental health.

Some legitimate. Some is this weird kind of social pressure to have something wrong. And some being unable to handle small inconveniences and daily life.

I would add opioid drug addiction but, admittedly, they may be related.