Canadian election and other political stuff

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Northwind said:
The pine beetle was handled poorly across all levels. It hit BC and the recommendation was to remove the bark at the logging sites before transporting the logs. Did that happen? Nope. The beetle should never left BC to spread to AB. It could have least been thwarted so it didn't do as much damage.
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Human beings have been the best thing ever to happen to some of these species. The ash borer is much the same story. And, really, any invasive species, though not all are as destructive as these ones.
 
GordW said:
Which may be a question of philosophy not knowledge/experience/skill.
There is a balance point that needs to be found...and in a changing climate that balance point is prob ably harder to find.
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Can there be a balance point when all about is hostility of lost know-how? Eliminated psyche matter ... so it ghosts ... kind 've like essence dispersed! A cloud of grit across sa' aerie ... a hot spot! Touché ...
 
So Poilievre wants a fall election. Genuine concern for Canadians or opportunistic play to have a vote while he's still hot in the polls? I vote the latter but it's Singh that matters here. Could he gain by an early election? Or would it sink him as surely as it would Trudeau? A Conservative sweep would certainly not be in the interest of any of the other parties (well, the Bloc would likely be largely unscathed and might even gain). I am not sure it would be in Canadians' interests either to have a strong majority of any party right now, least of all the CPC.

https://www.msn.com/en-ca/news/cana...31&cvid=4d2430c3c3ab44f68c712489497ac133&ei=9
 
And I guess this poll explains why. At 43 percent, the CPC are easily looking at a majority, assuming these numbers held in a campaign which they likely would not. Trudeau is going to fight dirty if there's an election with his party down this far. Expect lots of rumours and allegations, lets put it that way.

nationalpost.com

NDP support takes a dive in new national poll, as Conservatives maintain sizeable lead

Conservatives still maintain strong national lead
nationalpost.com nationalpost.com
 
I'm looking at England and their new PM....they thought they changed the game by electing a different leaning PM, but their problems remain the same. To me one man doesn't have that much power to fix major problems, it's probably better to start coming up with plans on a more local level with more involvement from citizens to effect change.
 
A fall election would challenge BC. The BC provincial election is in October.

The "BC United" party leader just suspended his campaign and took the party out of the race. He's now supporting the Conservative party. The BCU leader tried to make over the BC Liberal image with a new name. They had been suffering by the comparison to the federal Liberal party when in fact, they were not connected and nothing like the federal party. They were also suffering because many of us will never vote for them after their 16 years in power, mostly under Gordon Campbell. We saw the cuts they made to health care in particular so it's cute that they criticise the current government for their handling of healthcare. The current Conservative leader was ousted from the BC Liberals due to his views of climate change. The BCU former leader was also criticising the conservatives as sliding into conspiracies a few days ago. What a mess.
 
Mendalla said:
So Poilievre wants a fall election. Genuine concern for Canadians or opportunistic play to have a vote while he's still hot in the polls? I vote the latter but it's Singh that matters here. Could he gain by an early election? Or would it sink him as surely as it would Trudeau? A Conservative sweep would certainly not be in the interest of any of the other parties (well, the Bloc would likely be largely unscathed and might even gain). I am not sure it would be in Canadians' interests either to have a strong majority of any party right now, least of all the CPC.

https://www.msn.com/en-ca/news/cana...31&cvid=4d2430c3c3ab44f68c712489497ac133&ei=9
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Most surely it is CPC opportunism. ANd his argument to Singh is faulty anyway as a)there is not a true coalition (though let's be honest it comes as close as one can without being a true coalition) and b) the parliamentary system is designed that as long as the government has the support of a majority of the House it is legitimate, so in the case of a minority government the system is working as designed by having the government court the support of other members. PP's argument about 'no mandate' holds no water.
 
CEO Loans Canada, Scott Satov claims there were over a BILLION$ worth of mortgage defaults in Canada 2nd quarter of 2024.

Canadians are struggling to survive and Trudeau is bragging about a not-so-free dental plan!
 
WhyCzar said:
CEO Loans Canada, Scott Satov claims there were over a BILLION$ worth of mortgage defaults in Canada 2nd quarter of 2024.

Canadians are struggling to survive and Trudeau is bragging about a not-so-free dental plan!
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See this is a good example of "in unrelated news"...

Mortgage defaults are always a consequence of rate increases. Bank of Canada decision. Deliberately arms length from governing party.

I've seen some direct results of the dental plan, and it's been huge, especially in young seniors who have never had a dental plan.
 
It's awful, but if you buy real estate, it's not a sure thing. Markets change, it's no guarantee....just like stocks. If you overpay in a seller's market and the market flips to a buyer's market, the ones who bought in the seller's market lose money. Interest rates are not stagnant, they change, people lose jobs, etc..... There are no guarantees...with stocks or every investment. No one has to bail you out if you take the chance. Some win and some lose. It's not nice, but it is what it is.
 
Actually, I haven't voted in any election for at least 6 years. I just feel it's too much of a hassle to vote from here. So, I root from the sidelines. I definitely know what party I want to win and just hope and pray that they will
 
BetteTheRed said:
See this is a good example of "in unrelated news"...

Mortgage defaults are always a consequence of rate increases. Bank of Canada decision. Deliberately arms length from governing party.
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In 1967, changes to the Bank of Canada Act affirmed the BoC’s control of day-to-day monetary policy but state that overall policy objectives are set by Ottawa (government) every five years.

The minister of finance has the power to direct a central bank governor in the event of a major disagreement about monetary policy.

BetteTheRed said:
And if the banks take a bit of a hit, due to their greediness, who actually cares?
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I do. When the Bank does not have sufficient capital to cover the losses, the government will have to bail it out with a loan or transfer. Based on market expectations for Bank of Canada rates, estimate the shortfall $1 billion in 2022, $4 billion in 2023, and $2 billion in 2024. Instead of receiving $3 billion over three years from its golden goose, the federal government will have to cover a shortfall of $7 billion, the equivalent of two percent of annual government revenues.

  • Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's fiscal policy.

​

 
BetteTheRed said:
I've seen some direct results of the dental plan, and it's been huge, especially in young seniors who have never had a dental plan.
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Canadian Dental Association president Dr. Joel Antel has not joined the program as part of his own practice.

"The concerns that were raised by the dental associations with the minister were related to the very long, complex list of terms and conditions that are quite disruptive to the smooth running of a dental office."

Antel said dental associations are particularly concerned about the government's ability to go back and reassess claims at a later date.

Dental associations have also asked the government to proactively inform patients that their coverage isn't free, and that they will likely have to pay for some portion of the service out of pocket.

"Free Dental" for 9 million possible applicants is slated to cost Ottawa 13 Billion over the first 5 years.

Are there enough dentists out there to take this on. I guess we will find out.

www.cp24.com

Toronto, Canada and Global Breaking News – CP24

Most recent News News business news stories and video from CP24
www.cp24.com www.cp24.com
 
By the sounds of things we cannot un-relate to related material that surrounds us ... an environmental enigma! That's problematic ...

If a thing is problematic is it not time to move on? Where to go? We have no mind for such things ... so where the mind is is un-touchable, often unfelt domain! Peculiar or just commonly rejected sensation? May leave one senseless until regaining the mysterious portion ... mist off philus ... rendered to Mephistopheles ... isn't that the devil as a non loving light or a cooler place? Like where the intoxicated are placed to cool off! Only the shadow knows ... if follows that people forget ... we're getting there (it may be 4 ordained)!
 
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WhyCzar said:
In 1967, changes to the Bank of Canada Act affirmed the BoC’s control of day-to-day monetary policy but state that overall policy objectives are set by Ottawa (government) every five years.

The minister of finance has the power to direct a central bank governor in the event of a major disagreement about monetary policy.



I do. When the Bank does not have sufficient capital to cover the losses, the government will have to bail it out with a loan or transfer. Based on market expectations for Bank of Canada rates, estimate the shortfall $1 billion in 2022, $4 billion in 2023, and $2 billion in 2024. Instead of receiving $3 billion over three years from its golden goose, the federal government will have to cover a shortfall of $7 billion, the equivalent of two percent of annual government revenues.

  • Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's fiscal policy.

​

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You do understand that "the Bank" is the Bank of Canada which will not lose any money regarding mortgage defaults. All that the government loses would be taxes on the banks' income lost due to mortgage defaults.

In our complicated and biased economic system, the banks will squeeze every penny they can out of home owners and write off losses on mortgage defaults by institutional investors and well connected individuals. Banks were, maybe still are, among the largest owners of farmland on the prairies.

The Trudeau government brought on new rules to make it harder for individuals to get mortgages by requiring them to be able to pay mortgages with a higher interest rate than they were getting. What is happening now is like a light shower compared to 1982.
 
jimkenney12 said:
You do understand that "the Bank" is the Bank of Canada which will not lose any money regarding mortgage defaults. All that the government loses would be taxes on the banks' income lost due to mortgage defaults.

In our complicated and biased economic system, the banks will squeeze every penny they can out of home owners and write off losses on mortgage defaults by institutional investors and well connected individuals. Banks were, maybe still are, among the largest owners of farmland on the prairies.

The Trudeau government brought on new rules to make it harder for individuals to get mortgages by requiring them to be able to pay mortgages with a higher interest rate than they were getting. What is happening now is like a light shower compared to 1982.
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Many mortgages are insured by CMHC if less than 20% was put down for a down payment.
It protects the bank and lenders if someone defaults. The buyer pays for it.
 
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