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Liberal Minority Government 2025 - ???

Fixed that for you. He only listens to a small group of people and it doesn’t sound like anyone acts as a devil’s advocate. In our leader-centric politics, what the leader says goes.
Which makes me wonder after the harsh treatment he got if Erin O'Toole might switch sides
 
I was mostly hoping that we would not immediately sink to "Them" or "Us".
This is all of us, and all of our descendants for eternity…

  • Public debt charges are expected to increase from $55.6 billion in 2025-26 to $76.1 billion in 2029-30 and $137 billion by 2035. Wow. That’s a $20.5 billion projected increase in 5 years or 36.9% and a $75 billion increase in 10 years or 149% in 2025 dollars.
  • By 2032 public debt charges will exceed the amount of personal income tax paid through private sector employment income tax deduction in Canada.
  • Investment taxes, capital gains taxes, investment equity transfers, home sales taxes, property equity tax, estate and other family transfer taxes will markedly increase and in the case of home equity taxation, will forever break the model of prosperity associated with home ownership in Canada.

Moody’s Investment post budget call strongly stating taxing home equity is the only way forward to sustain the massive budget in a declining GDP economy.
 
I'm really surprised at the lack of comment so far by the usual crowd of LPC haters...

I'm here. I try to turn off the internet and social media after supper. I like to watch YouTube and listen to the Todd Veinotte show while I cook.

I like the spending on defence. I hope we can keep it up.

I am concerned about our debt levels. I would have like to have seen deeper cuts.

Chris D'Entremont, all MPs, needs to do what's best for his constituents if this is it, so be it.

The CPC will get the chance to change leaders next year.
 
Interesting piece of news here:

Sahir Khan, a former deputy parliamentary budget officer and an expert on Canada’s finances, said the projected deficit, while relatively high, is manageable.

The debt-servicing costs are rising to $55.6 billion this year, which means more of every dollar the government takes in is going to pay Canada’s bondholders.

Still, “everybody in the G7 would gladly trade positions with Canada,” Khan said. “There is no fiscal crisis and we’re not on any precipice
We keep that lie about our debt position in the G7 being the best, ignoring the fact most countries don’t have sub sovereign debt and to do a apples to apples comparison you need to add our provincial debt to our federal debt. Doing so you will find we are in just as bad if not worse suituation.
I feel like more Liberals care about Poilievre being done than the financial state of Canada.
Definately some Liberals like that. Just as there is a bunch of Conservatives who are angry that Carney is doing things the Conservatives wanted to do. It isn’t about the result for those people it is about who is doing what.
 
Thanks. Doesn't look like he spent more than the other parties combined to me.

He lost his riding. Just saying.
Yeah his riding wanted change after 21 years. Singh lost his after 6 and Trudeau after 10.

People act like Poilievre losing his riding is some previously unheard of bombshell. Like it's the first time a MP had lost their seat. That just speaks to prioritizing attacking Poilievre and not what the Liberal party left us after 10 years. Besides, we would still be enjoying Trudeau and all his crying glory if it wasn't for Poilievre. He deserves a golden beaver statue for that.
 
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Definately some Liberals like that. Just as there is a bunch of Conservatives who are angry that Carney is doing things the Conservatives wanted to do. It isn’t about the result for those people it is about who is doing what.
Some are definitely angry. I find it funny watching people against Conservative platforms doing a RCR-approved about turn on the march when it comes to Carney.
 
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Maybe a bit more smoke suggesting fire: I hadn’t realized that one of the other MOs rumoured to be considered crossing, Joel Godin, had already outright threatened to do so if Poilievre won leadership:


Non-paywall: https://archive.is/ArGBL

The other most rumoured name. CPC MP Dominique Vien, is a new MP, but previously was a minister in Quebec’s National Assembly - as a Liberal. She first joined Parliament in 2021; locking in a majority and preventing election would also carry her through to being vested in the pension. Dominique Vien - Wikipedia

Since their names are already being bandied about on social media, silence from one or both of them would get distinctly uncomfortable. Godin is active on Twitter as @Joelgodinpjc and once or twice a week has posted criticism of LPC policy. If he’s true to form and sticking with CPC he should take a crap on the budget today or tomorrow, as a subtle “I’m going nowhere”. Little sign to maybe watch for.
 
And an article on what’s getting cut, with a particular emphasis on tax measures. Looks like they really want to boost business competitive by incentivizing capital investment, which I can definitely get behind. Some CRA units are getting wound down which confirms permanent ends to certain taxes (eg consumer carbon tax), and some other things are getting simplified.

 
Cutting tax rates for corporations.

Yesterday's attack ad becomes today's salvation. Love it.
 
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