Justin Trudeau is Doing a Great Job

[revrnd]

Watching Global National tonight & their reporter asked Sajjan if this new direction for the armed forces would mean increased deficit spending or budget cuts elsewhere in Federal spending? Sajjan, "Blah blah blah blah". Reporter, "So I'm to take it that the Federal government hasn't determined where the money is coming from?" Sajjan, "Blah, blah, blah blah"

They may as well just played a tape of Charlie Brown's teacher. 

 

For someone that was never a politician, he sure learned the art of BS pretty quick

Edited June 8, 2017 by revrnd

[ArcticCrusher]

15 minutes ago, revrnd said:

Watching Global National tonight & their reporter asked Sajjan if this new direction for the armed forces would mean increased spending or budget cuts elsewhere in Federal spending? Sajjan, "Blah blah blah blah". Reporter, "So I'm to take it that the Federal government hasn't determined where the money is coming from?" Sajjan, "Blah, blah, blah blah"

They may as well just played a tape of Charlie Brown's teacher. 

 

For someone that was never a politician, he sure learned the art of BS pretty quick

Well he has certainly mastered the lying part of it.

[revrnd]

http://globalnews.ca/video/3511311/federal-government-to-inject-62-billion-on-defence-over-20-years

[CarlSpackler]

What a fucking joke....It wasn't Trump that wanted 2% it was the pussies that run NATO. Canada is nowhere near that even with this imaginary budget. Pathetic!

[revrnd]

1 minute ago, CarlSpackler said:

with this imaginary budget.

LMAO!

[ArcticCrusher]

17 minutes ago, revrnd said:

http://globalnews.ca/video/3511311/federal-government-to-inject-62-billion-on-defence-over-20-years

Maybe pot revenue will pay for it.  So much for Tard transparency.

[revrnd]

Just now, ArcticCrusher said:

So much for Tard transparency.

They were going to do things so much differently than Harper & the Conservatives. 

Another letter in the Peterborough This Week from a reader today who feels betrayed that the Liberals aren't going to change the way our elections are held. Hopefully these azzhats vote NDP & split the 'left' vote in 2019.

[revrnd]

https://www.thestar.com/news/queenspark/2017/06/07/meilleur-withdraws-candidacy-for-official-languages-commissioner-amid-political-firestorm.html

Could they not finding someone w/o any political affiliation?

Quote

Former Ontario attorney general Madeleine Meilleur has withdrawn her bid to become Canada’s Official Languages Commissioner amid a political firestorm in Ottawa.

Quote

She told a Senate committee this week she initially wanted to apply to be a senator,

Once a gravy sucking pig, always a gravy sucking pig.

Why not try for a job in the private sector?

Edited June 8, 2017 by revrnd

[ArcticCrusher]

9 hours ago, ArcticCrusher said:

Maybe pot revenue will pay for it.  So much for Tard transparency.

 

Fail, here's an ETF with your name on it.  

 

https://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/summary/?id=42817

[Boered]

You guys could save a lot of time when replying to stupid steve by simply using this. He does not understand anything you post, so why bother...

 

[revrnd]

2 hours ago, Boered said:

You guys could save a lot of time when replying to stupid steve by simply using this. He does not understand anything you post, so why bother...

 

They even have a emoticon for him:

[revrnd]

What did I say?

http://www.ctvnews.ca/politics/government-uses-access-to-information-act-as-shield-against-openness-czar-1.3449339

Quote

Trudeau's promises of making the government more open and accountable must be accompanied by action, she told a news conference. "I think he needs to do more. And I think he needs to make sure that the bureaucracy does more. It's not enough to say it."

 

[ArcticCrusher]

Happy Tax Freedom Day

[revrnd]

https://www.theglobeandmail.com/news/politics/trudeau-struggling-to-find-replacements-for-independent-federal-watchdogs/article35260067/

Quote

Duff Conacher, founder of Democracy Watch, a non-partisan ethics advocacy group, echoed that suspicion. His group has repeatedly called on the government to create a truly independent appointments commission, as has been done in Britain, and is about to launch an online petition to “stop political lapdog appointments.”

But Conacher said he suspects the government is loath to end all cabinet involvement in appointments because too many Liberals who volunteered “for little or no reward” during 10 years in opposition “now want the reward of a cushy government job.”

 

[Boered]

6 hours ago, revrnd said:

https://www.theglobeandmail.com/news/politics/trudeau-struggling-to-find-replacements-for-independent-federal-watchdogs/article35260067/

 

That is how all governments have decided these matters, you first must do them favours, then you may get considered. That is why we see such utter incompetence in many of these positions.

[ArcticCrusher]

Well, what a surprise.

 

http://www.torontosun.com/2017/06/12/refugee-background-checks-may-have-been-flawed-memo

[02sled]

1 hour ago, ArcticCrusher said:

Well, what a surprise.

 

http://www.torontosun.com/2017/06/12/refugee-background-checks-may-have-been-flawed-memo

Really nothing that we didn't already know. Trudope didn't have a plan for the refugees and bungled it from the beginning just like everything else. He has an idea but doesn't have a plan of how to implement in a proper manner. Something like his carbon tax announcement that took his own ministers by surprise. No economic impact assessment, nothing. Just we're going to do it. Damn the torpedoes, full speed ahead.

[revrnd]

http://www.vancouversun.com/news/national/canada+very+apart+softwood+feds/13442650/story.html

Quote

Canada and the United States remain "quite far apart" on negotiating a softwood lumber settlement, Foreign Affairs Minister Chrystia Freeland said Monday, suggesting that any hopes for a swift resolution may be dashed.

Freeland offered the blunt assessment before meeting members of Quebec's forestry sector, who for nearly two months have been charged duties for shipping softwood south of the border.

"Our positions are still quite far apart," she said after addressing the International Economic Forum of the Americas in Montreal. "But I think that talking is always a good thing and that is something that we are doing very actively and energetically."

I wonder how she thought their positions would be? Where has she been the last 30 years when there have been softwood talks?

[revrnd]

1 hour ago, 02sled said:

Really nothing that we didn't already know. Trudope didn't have a plan for the refugees and bungled it from the beginning just like everything else. He has an idea but doesn't have a plan of how to implement in a proper manner. Something like his carbon tax announcement that took his own ministers by surprise. No economic impact assessment, nothing. Just we're going to do it. Damn the torpedoes, full speed ahead.

"Many experts have alleged that Trudeau’s decision to resettle 25,000 on a fast-tracked timeline was based not on what’s best for Canada, but on short-term thinking and partisan gain."

What do you expect from someone that has never been in charge of a project? Most of us could probably tell a superior how long a certain task/project we were working on would take.

[1trailmaker]

Good news for SK but bad for AC

 

The Canadian dollar will strengthen in 2017 as the country’s economy accelerates in the second half of the year and worries over U.S. President-elect Donald Trump’s trade policies fade, according to the most accurate forecaster of the currency.

The loonie will nudge an additional 0.75 per cent higher to 75.75 US cents by the end of the year, said Konrad Bialas, chief economist at Warsaw-based foreign-exchange broker Dom Maklerski TMS Brokers SA, who topped a Bloomberg ranking of Canadian dollar forecasters in the fourth quarter. That would extend the loonie’s 3 per cent gain from last year, which made it the best performer among Group-of-10 peers.

It’s also in contrast to the median forecast of analysts surveyed by Bloomberg for the currency to weaken to 74.07 US cents by the end of the year.

 

 

We need to get rid of this government and its rising dollar and massive gains in the  economy - chances are our dollar will be even better than projected due to USA losing big time

[ArcticCrusher]

14 minutes ago, 1trailmaker said:

Good news for SK but bad for AC

 

The Canadian dollar will strengthen in 2017 as the country’s economy accelerates in the second half of the year and worries over U.S. President-elect Donald Trump’s trade policies fade, according to the most accurate forecaster of the currency.

The loonie will nudge an additional 0.75 per cent higher to 75.75 US cents by the end of the year, said Konrad Bialas, chief economist at Warsaw-based foreign-exchange broker Dom Maklerski TMS Brokers SA, who topped a Bloomberg ranking of Canadian dollar forecasters in the fourth quarter. That would extend the loonie’s 3 per cent gain from last year, which made it the best performer among Group-of-10 peers.

It’s also in contrast to the median forecast of analysts surveyed by Bloomberg for the currency to weaken to 74.07 US cents by the end of the year.

 

 

We need to get rid of this government and its rising dollar and massive gains in the  economy - chances are our dollar will be even better than projected due to USA losing big time

Good luck with that, the US economy is steamrolling right now and growing, but not from the heart out.

I take it you are putting your money where your mouth is and hedging against the $US.

[1trailmaker]

1 minute ago, ArcticCrusher said:

Good luck with that, the US economy is steamrolling right now and growing, but not from the heart out.

I take it you are putting your money where your mouth is and hedging against the $US.

we near tripled the USA growth, where are you getting your alternative facts from?

[ArcticCrusher]

14 minutes ago, 1trailmaker said:

we near tripled the USA growth, where are you getting your alternative facts from?

All the new investment is in the USA, Trump is bringing it back home.  How is the TSX doing?

[1trailmaker]

1 minute ago, ArcticCrusher said:

All the new investment is in the USA, Trump is bringing it back home.  How is the TSX doing?

  go Trump go - you sure do give credit out to the WACKOS freely but zero for our own government

 

Tsx compared to what? yesterday or 2 years ago?

[1trailmaker]

Trump followers are funny - he is bring it back make america great again

 

U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market that is near full employment.

Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce Department said in its second estimate on Friday.

That was the weakest performance since the first quarter of 2016 and followed a 2.1 percent rate of expansion in the fourth quarter. The government revised up its initial estimate of consumer spending growth, but said inventory investment was far smaller than previously reported.

 

The sluggish first-quarter growth pace is, however, probably not a true reflection of the economy's health. GDP for the first three months of the year tends to underperform because of difficulties with the calculation of data that the government has acknowledged and is working to resolve.

Economists polled by Reuters had expected GDP growth would be revised up to a 0.9 percent rate.

Still, the weak performance at the start of the year is a blow to President Donald Trump's ambitious goal to sharply boost economic growth rates. During the 2016 campaign Trump had vowed to lift annual GDP growth to 4 percent, though administration officials now see 3 percent growth as more realistic.

The Trump administration has proposed a range of measures to spur faster economic growth, including big tax cuts. But analysts are skeptical that fiscal stimulus, if it materializes, will fire up the economy given weak productivity and labor shortages in some areas.

There are signs GDP growth regained speed early in the second quarter, with industrial production accelerating in April. But hopes of a sharp rebound in growth have been tempered by weak business spending, a modest increase in retail sales last month, a widening of the goods trade deficit and decreases in inventory investment.

Economic growth in the first quarter was hobbled by a near stall in consumer spending and a sharp slowdown in the pace of inventory accumulation by businesses.

Growth in consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose at a 0.6 percent rate instead of the previously reported 0.3 percent pace. That was still the slowest pace since the fourth quarter of 2009 and followed the fourth quarter's robust 3.5 percent growth rate.

Businesses accumulated inventories at a rate of $4.3 billion in the last quarter, rather than the $10.3 billion reported last month. Inventory investment increased at a $49.6 billion rate in the
October-December period.

Inventories subtracted 1.07 percentage point from GDP growth instead of the 0.93 percentage point estimated last month.

Business spending on equipment was revised to show it rising at a 7.2 percent rate in the first quarter rather than the 9.1 percent that was previously reported.

The government also reported that corporate profits after tax with inventory valuation and capital consumption adjustments fell at an annual rate of 2.5 percent in the first quarter after rising at a 2.3 percent pace in the previous three months.

 

 

lowest spending since 2009 doesn't sound like a booming economy to me