Liberal Minority Government 2025 - ???

[Czech_pivo]

Maybe we could convince them to build T-7s instead.

Globaleye needs to be rejigged to include AAR.

 

[CBH99]

forget the international credits, nurses from B.C. are not qualified to work in Ontario unless they re-certify. The same applies to many other professional groups

I thought we weren't doing this interprovincial nonsense anymore?

Or did that just apply to the commercial sector?


(What tangible progress was made towards the elimination of interprovincial trade barriers, anyway?)

 

[Maxman1]

Globaleye needs to be rejigged to include AAR.

Which would require years to redesign and implement in production.

 

[Altair]

I thought we weren't doing this interprovincial nonsense anymore?

Or did that just apply to the commercial sector?


(What tangible progress was made towards the elimination of interprovincial trade barriers, anyway?)

Ontario alone has deals with
Yukon, Northwest Territories, Nunavut, Saskatchewan, Alberta, Nova Scotia, New Brunswick, Prince Edward Island and Manitoba.

The maritime provinces made a region wide trade deal.

So significant.

 

[Nvlgzr]

Globaleye needs to be rejigged to include AAR.

Tell that to the executives at Bombardier.

 

[Nvlgzr]

Maybe we could convince them to build T-7s instead.

Boeing is shopping around for a T-7 partner country.

 

[MilEME09]

Statement on the Canada - Sweden strategic partnership

Joint statement by Prime Minister Carney and Prime Minister Kristersson

We are like-minded Arctic nations with shared interests in the North Atlantic and the Arctic region, and who recognise the vital contributions and rights of Indigenous Peoples in the Arctic in keeping with the UN Declaration on the Rights of Indigenous Peoples and international law.

www.pm.gc.ca

societal resilience, civil preparedness and the Swedish total defence concept

This part raised my eye brow

 

[daftandbarmy]

I thought we weren't doing this interprovincial nonsense anymore?

Or did that just apply to the commercial sector?


(What tangible progress was made towards the elimination of interprovincial trade barriers, anyway?)

Quebec is being very generous with its doctors...

Concerns mount as more doctors eye exit from Quebec health-care system​

Ontario college has received 285 applications from Quebec doctors in under 3 weeks​

https://www.cbc.ca/news/canada/ottawa/number-of-doctors-planning-to-leave-quebec-grows-9.6976636

 

[Jarnhamar]

Statement on the Canada - Sweden strategic partnership

Joint statement by Prime Minister Carney and Prime Minister Kristersson

We are like-minded Arctic nations with shared interests in the North Atlantic and the Arctic region, and who recognise the vital contributions and rights of Indigenous Peoples in the Arctic in keeping with the UN Declaration on the Rights of Indigenous Peoples and international law.

www.pm.gc.ca

This part raised my eye brow

Yikes. What a word salad.

 

[Halifax Tar]

Yikes. What a word salad.

Its like listening to change of command speeches.

 

[MilEME09]

Its like listening to change of command speeches.

Does the defense minister come in and say "just to piggy back on what the prime minister said....."

 

[IKnowNothing]

When this budget is looked at in the broader historical context, you are right. Deficit spending, even to the current degree, is not unprecedented.

Whether it is inherently dangerous or not, I have to refrain from having an opinion because I honestly just don't know.

...

What stands out to me, in the broader context, is that it seems like we are in new territory in terms of our country's fiscal outlook.

The liberals handed Mulroney a deficit at like 8.9% of GDP in 1984, he never got it below 4%. We're looking at a 2.5% this year declining year over year. By the early 90's we were in a materially worse position than we are now, leading to the very necessary Chretien era cuts and austerity.

Maybe it's nothing to worry about, has happened before, and this is just how things are sometimes. Maybe my concerns are totally unfounded. I am the first to admit I am not an economist by any means.
...

Yes, no, all of the above? Concern is very founded. Long term structural concern, that will eventually require tough choices, serious belt tightening, and a lot of angst. If not dealt with in time, we will reach the same point as the 90's which is described as a fiscal crisis. But we're not there yet, and (opinions vary) we're not in a period of economic and geopolitical stability that makes heading off an unyet unrealized fiscal crisis the hottest fire. When the furnace breaks after a hard year financially you don't let yourself freeze to death to avoid the financial pinch of your mortgage renewal two years from now.

$78B in deficit spending just seems pretty steep, especially when factoring in that Trudeau/Freeland spent more money than all previous Canadian governments combined.

If we look at what our national debt was in 2015 (approx $612B) and we compare that to our national debt in 2025 (approx $1.46T) it just seems we are on a path that isn't sustainable

Adding $78B of new debt is going to result in us paying even more in interest than we already do, which is now already more than we pay in health transfers to the provinces...yikee

So- let's look at the budget that was tabled, with the benchmark PP put forward (without putting in the effort to show how he would do it). 78 Billion of crippling disaster vs. 42 billion of common sense affordability. Let's add them both to the $1.46T estimate, at the same level of rounding.

1.46 + .042 = 1.50
1.46 +.078 = ... 1.53

add another digit, we're looking at 1.502 vs 1.538. The difference between the two proposed deficits is 2% of the entire Federal debt.
Now- 2% adds up over time, and we have to start somewhere, sometime.. but the histrionics about the difference? Theatre.

I'm not an economist either, but here's a pretty succinct assessment by one.

Understanding Canada's Longer-Term Fiscal Outlook – Finances of the Nation

Canada’s federal finances remain on stable footing, but the long-term trajectory depends on key policy choices.

financesofthenation.ca

Not to mention this problem is being compounded even further by Carney wanting to put artificial caps on oil & gas production - the one industry that's currently paying for a majority of our expenses as a country, not just for Alberta.

That's just not true. All extactives - not just oil and gas but mining and quarrying as well- made up 5.1% of Canada's 2023 GDP

 

[Altair]

The liberals handed Mulroney a deficit at like 8.9% of GDP in 1984, he never got it below 4%. We're looking at a 2.5% this year declining year over year. By the early 90's we were in a materially worse position than we are now, leading to the very necessary Chretien era cuts and austerity.

Yes, no, all of the above? Concern is very founded. Long term structural concern, that will eventually require tough choices, serious belt tightening, and a lot of angst. If not dealt with in time, we will reach the same point as the 90's which is described as a fiscal crisis. But we're not there yet, and (opinions vary) we're not in a period of economic and geopolitical stability that makes heading off an unyet unrealized fiscal crisis the hottest fire. When the furnace breaks after a hard year financially you don't let yourself freeze to death to avoid the financial pinch of your mortgage renewal two years from now.


So- let's look at the budget that was tabled, with the benchmark PP put forward (without putting in the effort to show how he would do it). 78 Billion of crippling disaster vs. 42 billion of common sense affordability. Let's add them both to the $1.46T estimate, at the same level of rounding.

1.46 + .042 = 1.5
1.46 +.078 = ... 1.5

add another digit, we're looking at 1.502 vs 1.538. The difference between the two proposed deficits is 2% of the entire Federal debt.
Now- 2% adds up over time, and we have to start somewhere, sometime.. but the histrionics about the difference? Theatre.

I'm not an economist either, but here's a pretty succinct assessment by one.

Understanding Canada's Longer-Term Fiscal Outlook – Finances of the Nation

Canada’s federal finances remain on stable footing, but the long-term trajectory depends on key policy choices.

financesofthenation.ca

The CPC talking about massive inflationary deficits all the time tends to skew the perspective.

But I wish people looked around the G7 for comparables. USA has been spending 5 percent of GDP on their deficit. France too.

That's just not true. All extactives - not just oil and gas but mining and quarrying as well- made up 5.1% of Canada's 2023 GDP

I think it blows people's minds when they realize that 70 percent of the Canadian economy is service based, not oil and gas.

Or that the GDP of Toronto is larger than the GDP of Alberta.

 

[ArmyRick]

The CPC talking about massive inflationary deficits all the time tends to skew the perspective.

Bottom line is Canadians are seeing high rising food prices, record line up at the food banks, stagnation in housing starts, less international investment in Canada due to both high taxation and regulatory burden, more government bureaucracies, more taxation, the so called reduction in inflation is the negative kind (people can't afford to spend money), soaring rent cost, the list goes on and on.

But I wish people looked around the G7 for comparables.

No one gives a rats arse about other nations, their problems, their solutions. They can sort themselves out economically. We should be the damn resource POWERHOUSE of the planet.

ALL you keep doing is running excuses for piss poor performance of the Liberals and crap on the opposition any chance you get. Live in the real world, for once.

Deeds not words. Nor obscure articles of little chicken shit things that really don't amount to anything to actually help.

 

[Altair]

Bottom line is Canadians are seeing high rising food prices, record line up at the food banks, stagnation in housing starts, less international investment in Canada due to both high taxation and regulatory burden, more government bureaucracies, more taxation, the so called reduction in inflation is the negative kind (people can't afford to spend money), soaring rent cost, the list goes on and on.


No one gives a rats arse about other nations, their problems, their solutions. They can sort themselves out economically. We should be the damn resource POWERHOUSE of the planet.

ALL you keep doing is running excuses for piss poor performance of the Liberals and crap on the opposition any chance you get. Live in the real world, for once.

Deeds not words. Nor obscure articles of little chicken shit things that really don't amount to anything to actually help.

Ok.