Ontario has gone to hell under NinnyBag

[1trailmaker]

10 minutes ago, 02sled said:

STILL WRONG AGAIN FAIL... do you ever get tired of just making things up. Your imagination really is worth studying by the experts. The auditors report for the TDSB 2016  shows... oh what's that word DEBT. Those numbers are in 1000's. Municipal taxes pay for the school. Look at your residential property tax and the portion marked EDUCATION.

Give up Fail... just realize that thanks to Wynnebag and the her merry band of thieves we now have more debt than anyone else in the world that isn't a country.

Only irresponsible idiots that assume the voters are even bigger idiots, which in some cases is true, would try and pass off debt as an asset even after the auditor general calls them on it.

 

 

Nice try at your usual deflection referring to Brown when you know you are wrong.

Exact.y for Ontario that portion goes up and removes debt

 

35% or more of all taxes goes to Healthcare - give it a rest

 

if you want to say California is doing a crack up job that goes with it.  

 

your chart is stupid  

[Pete Z]

I'm certainly not a fan of C u next Tuesday Wynne, but I certainly don't see any economic doom and gloom from where I'm standing, quite the opposite in fact. All the trades are busier than they have ever been, most are booked well into next summer. All of them are having trouble finding labour, even unskilled, and they all pay over $15/hr to start. A local manufacturer of extruded pipe is busier than they have ever been and are currently advertising job postings. Another manufacturer of stone products is taking orders into next spring and don't expect any winter lay offs.  The company I work for recently made a $1 billion+ aquisition and they are still expanding. They even pay a pretty generous bonus for referrals of skilled workers that get hired. Currently there is a new heavy truck dealership being built right next to our shop, and a huge medical marijuana grow op around the corner.  I could go on,  but you get the idea.  So as effed up as the Liberals social policies can be, and as badly as they have screwed up hydro with the Green Energy Act, they must be getting a few things right.

Edited December 13, 2017 by Pete Z

[Usedtoskidoo]

38 minutes ago, Pete Z said:

I'm certainly not a fan of C u next Tuesday Wynne, but I certainly don't see any economic doom and gloom from where I'm standing, quite the opposite in fact. All the trades are busier than they have ever been, most are booked well into next summer. All of them are having trouble finding labour, even unskilled, and they all pay over $15/hr to start. A local manufacturer of extruded pipe is busier than they have ever been and are currently advertising job postings. Another manufacturer of stone products is taking orders into next spring and don't expect any winter lay offs.  The company I work for recently made a $1 billion+ aquisition and they are still expanding. They even pay a pretty generous bonus for referrals of skilled workers that get hired. Currently there is a new heavy truck dealership being built right next to our shop, and a huge medical marijuana grow op around the corner.  I could go on,  but you get the idea.  So as effed up as the Liberals social policies can be, and as badly as they have screwed up hydro with the Green Energy Act, they must be getting a few things right.

That's only because the baby boomers are retiring and moving north. The real issues are the long term prospects which will be next to none.

[Kev144]

13 hours ago, 1trailmaker said:

we don't have local debt or the pension debts or school debts, they are all in Ontario's total unlike the USA.

No need to argue about it - Just saying your statement is nothing more than a meme without facts

 

Next year Brown will be premier and the debt will increase and will be the most in blah blah lbah but you want say it any more

Under the liberals debt has sky rocketed and so have the scandals.   Looks like Canada is on route for the debt too. 

[ArcticCrusher]

38 minutes ago, Usedtoskidoo said:

That's only because the baby boomers are retiring and moving north. The real issues are the long term prospects which will be next to none.

The boomers are the ones driving the economy.  The Liberals are pushing towards a socialist country, yah the long term effects are really good.

[02sled]

16 hours ago, 1trailmaker said:

Exact.y for Ontario that portion goes up and removes debt

 

35% or more of all taxes goes to Healthcare - give it a rest

 

if you want to say California is doing a crack up job that goes with it.  

 

your chart is stupid  

Poor poor STILL WRONG FAIL. First it's not my chart. It's actually copied from the external auditors report for the TDSB. Your lack of comprehension is incomprehensible. You don't really think that the $B's of debt being carried by the City of Toronto and the TDSB are included in the debt numbers for the Provincial government do you. Wait don't answer that... you really are that stupid to think that.

the average Canadian family will contribute $11,735 in taxes for public health insurance in 2015

You can get independent Platinum Health Insurance coverage for a family in California for less than $11.7K a year for the average family. Most large companies include health coverage as part of your employment.

Do you really think that the health system is operating solely on borrowed money? Borrowed money would have to be in excess of the $11,735 already contributed by the average family. Go get yourself tested. You may already be beyond help.

I would say California which is the most indebted of any of the US states is doing a much better job than Wynnebag is at managing money. The 10 year old kid on our street could do a better job at managing money.

The experts are concerned but Wynnebag and her sheep (you included) who have drank the Koolaid think it's irrelevant

 http://business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower

[02sled]

4 hours ago, Usedtoskidoo said:

That's only because the baby boomers are retiring and moving north. The real issues are the long term prospects which will be next to none.

Exactly... the hand writing has been on the wall for some time regarding the loss of people, knowledge and skills as the baby boomers retire. The demand isn't due to Wynnebag it's due to demographics.

We have the most affluent generation of retirees history has ever seen and they are spending their money. There has been a shift in attitudes as well. In my parents and grandparents era there was a focus on being thrifty in their retirement so they could leave something for the kids. The current retirees are stating they worked for it, they earned it and are going to spend it before they go having a good time in their retirement. If there happens to be some left over for the kids... so be it.

Edited December 13, 2017 by 02sled

[02sled]

And so it begins. Enbridge Gas has applied to the Ontario Energy Board to recover costs associated with our 2018 cap and trade compliance plans in our natural gas distribution rates.

https://www.enbridgegas.com/DocumentBrowser/Other Regulatory Proceedings/EB-2017-0224 2018 Cap and Trade/OEB Notices/NoA_Enbridge_Union_EPCOR_2018_Compliance Plans_20171201.pdf

 

[1trailmaker]

1 hour ago, 02sled said:

 

the average Canadian family will contribute $11,735 in taxes for public health insurance in 2015

You can get independent Platinum Health Insurance coverage for a family in California for less than $11.7K a year for the average family. Most large companies include health coverage as part of your employment.

 

 http://business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower

that the median family income in Canada is $76,000 about 12k in taxes all together

02sled their insurance plans have a 5k deductible

 

no one is arguing Ontario debt except you

[1trailmaker]

6 hours ago, Pete Z said:

I'm certainly not a fan of C u next Tuesday Wynne, but I certainly don't see any economic doom and gloom from where I'm standing, quite the opposite in fact. All the trades are busier than they have ever been, most are booked well into next summer. All of them are having trouble finding labour, even unskilled, and they all pay over $15/hr to start. A local manufacturer of extruded pipe is busier than they have ever been and are currently advertising job postings. Another manufacturer of stone products is taking orders into next spring and don't expect any winter lay offs.  The company I work for recently made a $1 billion+ aquisition and they are still expanding. They even pay a pretty generous bonus for referrals of skilled workers that get hired. Currently there is a new heavy truck dealership being built right next to our shop, and a huge medical marijuana grow op around the corner.  I could go on,  but you get the idea.  So as effed up as the Liberals social policies can be, and as badly as they have screwed up hydro with the Green Energy Act, they must be getting a few things right.

its more about the cycling of economy's and not so much about Governments.  No one here other than you will post anything positive about our economy, but the second a Conservative government is elected they will scream how great the economy is doing.

Donny said "we need massive tax cuts to get the economy going"  well the economy took off without them proving tax breaks don't fuel  or needed for massive growth.

 

People / ONEWAYs will still say we need Conservatives back regardless of what the growth or success is. 

Either way it is now time to change the government in Ontario, the question is can Brown do it?  boosting about cuts to services isn't going to win votes IMO

[02sled]

15 minutes ago, 1trailmaker said:

that the median family income in Canada is $76,000 about 12k in taxes all together

02sled their insurance plans have a 5k deductible

 

no one is arguing Ontario debt except you

  A very active imagination as usual Fail. You really do have a fertile imagination that produces lots of fertilizer. You missed your calling. You should have been a fiction writer. Fail I worked for a large American company that operates globally. I managed a significant number of employees based in the US (California, Arizona, Texas and Kentucky) that were assigned to a number of health care providers that were our customers. Some offered insurance, some operated hospitals and some both. I dealt with those employees and their medical benefit options regularly when they updated their annual enrollment and NONE, NOT ONE of our plans had anything near a $5K deductible.

Go smoke another one and see what else your imagination can dream up. Try using some real numbers for once in your life.

As for taxes... the lowest tax rate is 20% so your $12K is ludicrous. But of course you know much much more than the financial experts who crunch the numbers for a living.

Edited December 13, 2017 by 02sled

[ArcticCrusher]

5 minutes ago, 1trailmaker said:

its more about the cycling of economy's and not so much about Governments.  No one here other than you will post anything positive about our economy, but the second a Conservative government is elected they will scream how great the economy is doing.

Donny said "we need massive tax cuts to get the economy going"  well the economy took off without them proving tax breaks don't fuel  or needed for massive growth.

 

People / ONEWAYs will still say we need Conservatives back regardless of what the growth or success is. 

Either way it is now time to change the government in Ontario, the question is can Brown do it?  boosting about cuts to services isn't going to win votes IMO

Keep raising our taxes while the US lowers theirs.  The US economy is on fire, ours is OK, not great but OK.

 

The senate committee just blasted the Liberals small bus tax proposals calling them damaging.

[1trailmaker]

34 minutes ago, ArcticCrusher said:

Keep raising our taxes while the US lowers theirs.  The US economy is on fire, ours is OK, not great but OK.

 

The senate committee just blasted the Liberals small bus tax proposals calling them damaging.

USA has not lowered anything    business taxes are near double ours  

I know what else is new? 10 dollar min wage was going to bring down all businesses - I have heard it all and its always the same doom and gloom.

Canada continues to make record growth blah blah and here you are just like I said posting negative about Liberals,  still hoping for Harper to come back so you can post positive about the exact same economy numbers

 

TORONTO, September 8, 2017 - The Canadian economy is firing on all cylinders, once again growing substantially faster than its potential in the second quarter of 2017, according to the latest RBC Economic Outlook. Consumer spending, business investment and government spending are all providing the momentum that should see above-potential growth continue through the rest of this year. RBC Economics expects real gross domestic product (GDP) to grow by 3.1per cent in 2017 and 2.2 per cent in 2018.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC. “For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.”

 

seen there are people that think we are better than "just ok" 

[Usedtoskidoo]

12 minutes ago, 1trailmaker said:

USA has not lowered anything    business taxes are near double ours  

I know what else is new? 10 dollar min wage was going to bring down all businesses - I have heard it all and its always the same doom and gloom.

Canada continues to make record growth blah blah and here you are just like I said posting negative about Liberals,  still hoping for Harper to come back so you can post positive about the exact same economy numbers

 

TORONTO, September 8, 2017 - The Canadian economy is firing on all cylinders, once again growing substantially faster than its potential in the second quarter of 2017, according to the latest RBC Economic Outlook. Consumer spending, business investment and government spending are all providing the momentum that should see above-potential growth continue through the rest of this year. RBC Economics expects real gross domestic product (GDP) to grow by 3.1per cent in 2017 and 2.2 per cent in 2018.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC. “For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.”

 

seen there are people that think we are better than "just ok" 

sept 8th? took awhile to find that article?

[1trailmaker]

58 minutes ago, 02sled said:

  A very active imagination as usual Fail. You really do have a fertile imagination that produces lots of fertilizer. You missed your calling. You should have been a fiction writer. Fail I worked for a large American company that operates globally. I managed a significant number of employees based in the US (California, Arizona, Texas and Kentucky) that were assigned to a number of health care providers that were our customers. Some offered insurance, some operated hospitals and some both. I dealt with those employees and their medical benefit options regularly when they updated their annual enrollment and NONE, NOT ONE of our plans had anything near a $5K deductible.

Go smoke another one and see what else your imagination can dream up. Try using some real numbers for once in your life.

As for taxes... the lowest tax rate is 20% so your $12K is ludicrous. But of course you know much much more than the financial experts who crunch the numbers for a living.

A decade ago, only 55% of plans even had a deductible. Now, 81% do. Plus, 24% of workers are in high-deductible plans, which require that workers pay more than $1,300 out of pocket. Families in high-deductible plans must pay more than $2,600 out of pocket, $4,332 on average, according to the Kaiser Family Foundation.

Once workers have surpassed their deductibles, they pay an average $24 copay for a primary care office visit, $37 for a specialty care office visit, and $308 for a hospital admission.

 

While single employees pay an average of $89 a month in monthly premiums—compared to $90 last year—employees with family coverage pay $413 a month on average. That’s because employers require workers to cover a greater part of the cost of insuring an entire family. On average, employers pay 82% of the premium costs for single coverage, but only 71% of the premium costs for family coverage.

 

like I said tUSA Governments don't have health care costs, WE DO

[1trailmaker]

2 minutes ago, Usedtoskidoo said:

sept 8th? took awhile to find that article?

do you need one from yesterday?  the numbers haven't changed

You can post on how bad we have it all you want, it doesn't change facts that today we are double what anything in the past 10 years

[ArcticCrusher]

17 minutes ago, 1trailmaker said:

USA has not lowered anything    business taxes are near double ours  

I know what else is new? 10 dollar min wage was going to bring down all businesses - I have heard it all and its always the same doom and gloom.

Canada continues to make record growth blah blah and here you are just like I said posting negative about Liberals,  still hoping for Harper to come back so you can post positive about the exact same economy numbers

 

TORONTO, September 8, 2017 - The Canadian economy is firing on all cylinders, once again growing substantially faster than its potential in the second quarter of 2017, according to the latest RBC Economic Outlook. Consumer spending, business investment and government spending are all providing the momentum that should see above-potential growth continue through the rest of this year. RBC Economics expects real gross domestic product (GDP) to grow by 3.1per cent in 2017 and 2.2 per cent in 2018.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC. “For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.”

 

seen there are people that think we are better than "just ok" 

From the senate committee today.

 

Quote

"The United States is considering significant tax reforms," the report states. "Canada needs a strategy to ensure our tax system encourages, rather than inhibits, innovation, entrepreneurship and economic growth."

 

[Usedtoskidoo]

3 minutes ago, 1trailmaker said:

do you need one from yesterday?  the numbers haven't changed

You can post on how bad we have it all you want, it doesn't change facts that today we are double what anything in the past 10 years

I pretend the little Christmas lights on the page are little miniature liberals. It makes it much more fun.

[ArcticCrusher]

5 minutes ago, 1trailmaker said:

A decade ago, only 55% of plans even had a deductible. Now, 81% do. Plus, 24% of workers are in high-deductible plans, which require that workers pay more than $1,300 out of pocket. Families in high-deductible plans must pay more than $2,600 out of pocket, $4,332 on average, according to the Kaiser Family Foundation.

Once workers have surpassed their deductibles, they pay an average $24 copay for a primary care office visit, $37 for a specialty care office visit, and $308 for a hospital admission.

 

While single employees pay an average of $89 a month in monthly premiums—compared to $90 last year—employees with family coverage pay $413 a month on average. That’s because employers require workers to cover a greater part of the cost of insuring an entire family. On average, employers pay 82% of the premium costs for single coverage, but only 71% of the premium costs for family coverage.

 

like I said tUSA Governments don't have health care costs, WE DO

Our taxes are much higher than theirs and max out at less than half of when theirs do.  They also rely on the wealthy to pay for most of the government services.  51% of American pay no federal taxes.

[1trailmaker]

3 minutes ago, ArcticCrusher said:

From the senate committee today.

 

 

"The United States is considering significant tax reforms,"

Well first thing is I can't wait to see this new tax plan from Donny - then how he is going to pay for it.   Should be fun

 

meanwhile massive growth all around us

[ArcticCrusher]

1 minute ago, 1trailmaker said:

"The United States is considering significant tax reforms,"

Well first thing is I can't wait to see this new tax plan from Donny - then how he is going to pay for it.   Should be fun

 

meanwhile massive growth all around us

The growth from Canadian companies going forward will come from those who are paid in US dollars.

[1trailmaker]

4 minutes ago, ArcticCrusher said:

Our taxes are much higher than theirs and max out at less than half of when theirs do.  They also rely on the wealthy to pay for most of the government services.  51% of American pay no federal taxes.

Yea we keep hearing this but it isn't really true on average we pay less and get more

 

Using an average is also problematic as the very poor and the very rich skew it on both ends. In general, lower income Canadians pay less in tax for the services they receive and rich Americans are better off than rich Canadians.

 

Federal Income Taxes
U.S. federal income tax brackets range from 10% to 35% for individuals. On the Canadian side, the range is 15% to 29%. In the U.S., the lowest tax bracket bumps to 15% at $8,500 and to 25% at $34,501. The bottom Canadian bracket stays at 15% until $41,544. This is the bulk of the reason that lower-income Canadians are often better off than Americans in an identical tax situation. On the other hand, the IRS taxes the richest Americans at 35% whereas the top federal tax rate in Canada is 29%. Rich Americans, however, have access to many tax deductions that Canada's Alternative Minimum Tax does not allow.

 

[Usedtoskidoo]

10 minutes ago, ArcticCrusher said:

The growth from Canadian companies going forward will come from those who are paid in US dollars.

or federal Grants and subsidies..................cough Bombardier cough

[02sled]

43 minutes ago, 1trailmaker said:

USA has not lowered anything    business taxes are near double ours  

I know what else is new? 10 dollar min wage was going to bring down all businesses - I have heard it all and its always the same doom and gloom.

Canada continues to make record growth blah blah and here you are just like I said posting negative about Liberals,  still hoping for Harper to come back so you can post positive about the exact same economy numbers

 

TORONTO, September 8, 2017 - The Canadian economy is firing on all cylinders, once again growing substantially faster than its potential in the second quarter of 2017, according to the latest RBC Economic Outlook. Consumer spending, business investment and government spending are all providing the momentum that should see above-potential growth continue through the rest of this year. RBC Economics expects real gross domestic product (GDP) to grow by 3.1per cent in 2017 and 2.2 per cent in 2018.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC. “For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.”

 

seen there are people that think we are better than "just ok" 

Fail you lack any economic sense at all. It's a wonder your family isn't broke and in massive debt.

https://barrie.ctvnews.ca/some-daycares-raising-prices-because-of-minimum-wage-hike-1.3718799

The minimum wage going up as dramatically as it is with your fellow idiot Wynnebag is going to hurt business and consumers. In the news last night the woman sends her kid to daycare in the morning and evening. Her cost is going from $36.75 a day to $101.18. Watch the video. When it jumps yet again to $15/hr the costs will have to go up yet again. That will be a 33% increase in minimum wage from the current $11.40.

Of course you are deluded enough to think that people and business can just absorb that kind of an increase. Those who are making $15/hr today aren't going to be happy to suddenly be making minimum wage and everyone will expect to see a similar 33% increase in their income to maintain their position in life.

[1trailmaker]

3 minutes ago, 02sled said:

Fail you lack any economic sense at all. It's a wonder your family isn't broke and in massive debt.

https://barrie.ctvnews.ca/some-daycares-raising-prices-because-of-minimum-wage-hike-1.3718799

The minimum wage going up as dramatically as it is with your fellow idiot Wynnebag is going to hurt business and consumers. In the news last night the woman sends her kid to daycare in the morning and evening. Her cost is going from $36.75 a day to $101.18. Watch the video. When it jumps yet again to $15/hr the costs will have to go up yet again. That will be a 33% increase in minimum wage from the current $11.40.

Of course you are deluded enough to think that people and business can just absorb that kind of an increase. Those who are making $15/hr today aren't going to be happy to suddenly be making minimum wage and everyone will expect to see a similar 33% increase in their income to maintain their position in life.

There are many reasons why daycare costs are so high and have been for 20 years - nothing new here

if the ratio is 8-1 between student and teacher,  assuming they are min. wage earners (they are not) the added cost for that person over 10 hour day is 36$ divide that by the 8 students and it comes out to what $4.50 each?  a day

 

an infant costs 1800 a month and that is insane