Justin Trudeau is Doing a Great Job

[1trailmaker]

2 hours ago, ArcticCrusher said:

Link?

sorry you don't get the new exempt if you make over 214k - I already posted the info

here is a CBC link https://www.cbc.ca/news/politics/tax-changes-2020-1.5402975

https://www.thestar.com/news/canada/2019/12/31/lower-taxes-new-rrsp-rules-and-digital-news-tax-credit-among-2020-changes.html

For this year, the exemption amount will increase from $12,069 to $13,229. That will result in federal income tax savings of $113 in Quebec and $138 in the rest of Canada, according to the Canadian

Taxpayers Federation.

The benefit will be lower for anyone earning more than $150,473 during the year and will be reduced to zero for Canadians with incomes above $214,368.

 

 

Yelling "it's not true" doesn't change the facts

 

Overall, residents of Ontario and Quebec earning less than $100,000 annually will see net savings of between $55 and $116, the federation estimated. ( adding in cost of improved CPP ) 

 

maybe DOUG can give some more  

 

 

[1trailmaker]

45 minutes ago, toslow said:

that's why i mostly stay out of the thread

 don't worry Trudeau will be gone soon, our debt and deficits will continue to go up and down that will not change.

 

If you are keeping score

CPC 72% of the debt.

28% from the Liberals 

 

 

 

 

[1trailmaker]

Remember when when everything was WYNNE's fault ( meaning ONTARIO) now its the FEDERAL governments fault  

Doug isn't losing jobs Trudeau is

Wynne isn't gaining jobs Harper is

 

Too funny how all of a sudden The Ontario government is off the hook for everything, and now its all  Trudeau\s issue  

 

 

[franks pond]

[1trailmaker]

Another record set for TSX - never has this happened before - growth outpaces DOW 

17,219.32 +51.26 (0.30%)

 

Sure did climb  high since Harper's 12000 he left 

 

 

[ArcticCrusher]

17 minutes ago, 1trailmaker said:

Another record set for TSX - never has this happened before - growth outpaces DOW 

17,219.32 +51.26 (0.30%)

 

Sure did climb  high since Harper's 12000 he left 

 

 

Minutes after Trump's address.

 

Could you ride bigger coat tails or what?

[1trailmaker]

54 minutes ago, ArcticCrusher said:

Minutes after Trump's address.

 

Could you ride bigger coat tails or what?

? 

The market has increase steady for 5 years now - what are you talking about?  Trump address    I am sure you have no idea and don't care since its a Liberal government   

 

Just waiting for the Q4 figures to come in

 

 

[ArcticCrusher]

26 minutes ago, 1trailmaker said:

? 

The market has increase steady for 5 years now - what are you talking about?  Trump address    I am sure you have no idea and don't care since its a Liberal government   

 

Just waiting for the Q4 figures to come in

 

 

Here's a story for you.  

 

https://www.thepostmillennial.com/pot-hole-trudeau-government-gives-100000-to-pot-store-with-one-employee/

[1trailmaker]

5 minutes ago, ArcticCrusher said:

Here's a story for you.  

 

https://www.thepostmillennial.com/pot-hole-trudeau-government-gives-100000-to-pot-store-with-one-employee/

? 

Taxpayer have subsidizes all sorts of businesses from small to billion dollar ones    what is you issue here?  

Postmillennial articles are hard to read as they really jump around and make no point 

 

is it the Kindergarten   

[ArcticCrusher]

Just now, 1trailmaker said:

? 

Taxpayer have subsidizes all sorts of businesses from small to billion dollar ones    what is you issue here?  

Postmillennial articles are hard to read as they really jump around and make no point 

 

is it the Kindergarten   

Federal funds for a one people indigenous pot operation?

Are you high? 

[1trailmaker]

6 minutes ago, ArcticCrusher said:

Federal funds for a one people indigenous pot operation?

Are you high? 

Do you understand what a Territory is compared to a Province   clearly you need to read up on the subject - 

 

Here are plenty of investments for you to be angered over - postmellinial loves people like yourself

https://www.canada.ca/en/news/advanced-news-search/news-results.html?_=1548787725116&dprtmnt=canadiannortherneconomicdevelopmentagency&start=&end=

Edited January 8, 2020 by 1trailmaker

[ArcticCrusher]

3 minutes ago, 1trailmaker said:

Do you understand what a Territory is compared to a Province   clearly you need to read up on the subject - 

 

Here are plenty of investments for you to be angered over - postmellinial loves people like yourself

https://www.canada.ca/en/news/advanced-news-search/news-results.html?_=1548787725116&dprtmnt=canadiannortherneconomicdevelopmentagency&start=&end=

Those are fluff with little chance of going anywhere.

That's welfare, not investing.  

[1trailmaker]

17 minutes ago, ArcticCrusher said:

Those are fluff with little chance of going anywhere.

That's welfare, not investing.  

  but a million dollar tax break is okay for businesses making billions  

Just a question - how much does it take to open a store front?  100k cover it    

 

Anyway the reason FEDs are investing is due to they don't have Territory governments, its FEDERAL -  But you and your FORD followers are insisting Trudeau fix Ontario  

really does it get any more funny  

 

at least you learned something about Canada today 

[Tinker]

59 minutes ago, ArcticCrusher said:

Federal funds for a one people indigenous pot operation?

Are you high? 

Yes and he's a complete fn idiot, the entire forum is a joke with this incoherent belligerent fool around. 

[irv]

1 hour ago, Tinker said:

Yes and he's a complete fn idiot, the entire forum is a joke with this incoherent belligerent fool around. 

Trail's got this disorder bad. 

Dunning-Kruger Effect: Why People Think They’re Smart Even When They’re Not

The Dunning-Kruger effect is a cognitive bias in which people believe that they are smarter and more capable than they really are. Essentially, low ability people do not possess the skills needed to recognize their own incompetence. The combination of poor self-awareness and low cognitive ability leads them to overestimate their own capabilities

[ManOnManOral]

Welfare breeders got another raise, so there is that. Spitting out babies is now a career choice for stupid girls.

[1trailmaker]

Donald J. Trump

 

@realDonaldTrump

 

 

STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?

[ArcticCrusher]

Does this sound familiar.

 

https://www.theglobeandmail.com/canada/article-global-affairs-canada-has-faced-billions-in-legal-claims-since-201/

[1trailmaker]

Another RECORD SETTING DAY enjoy 

17,234.49

MORE WINNING   

[1trailmaker]

I bet if it was Trudeau that broke all relations with IRAN (which you all cheered) there would be hell to pay,

THE WACKOS ARE SILENT 

I hope they get their bodies back here soon....  

 

Do you guys hate the Iranians as much as the Syrian immigrants   

[1trailmaker]

9 hours ago, ArcticCrusher said:

Does this sound familiar.

 

https://www.theglobeandmail.com/canada/article-global-affairs-canada-has-faced-billions-in-legal-claims-since-201/

seems someone has cost us a ton of money - do you know who that was?  my bet is you are wrong  

 

Do you sometimes feel all this TERRORIST stuff is very similar to the 1950's commie arrests   I find it very similar

[1trailmaker]

IRV only post negative results since he is anti Canadian 

Canada's economy added 35,000 new jobs in December, bringing the total for the year 2019 as a whole to 320,000. Statistics Canada reported Friday that most of the new jobs were added in Ontario and Quebec, which added 25,000 and 21,000 new jobs, respectively.

 

that is alot of jobs - way to go Ontario  

[ArcticCrusher]

3 minutes ago, 1trailmaker said:

IRV only post negative results since he is anti Canadian 

Canada's economy added 35,000 new jobs in December, bringing the total for the year 2019 as a whole to 320,000. Statistics Canada reported Friday that most of the new jobs were added in Ontario and Quebec, which added 25,000 and 21,000 new jobs, respectively.

 

that is alot of jobs - way to go Ontario  

Go Doug.

[1trailmaker]

35 minutes ago, ArcticCrusher said:

Go Doug.

Yup after massive losses due to FORD we have regained some back 

 

You guys kill me  Canada doing great 

[irv]

Funny, your CBC article didn't talk about these things, mouth breather. 

 

“[G]iven the sluggish pace of economic growth seen towards the end of last year, leaving employment growth still outpacing [gross domestic product], we see scope for some softer job gains in the coming months, which will keep our forecast for an interest-rate cut alive,” said Andrew Grantham, senior economist at Canadian Imperial Bank of Commerce, in a note.

Indeed, CIBC says fourth quarter GDP is tracking toward an annualized expansion of 0.5 per cent, while other banks are projecting similar lukewarm growth. CIBC suspects this economic climate will result in the BoC cutting interest rates in April.

BMO’s Mr. Kavcic said that, despite December’s job gain, employment growth was still considerably weaker during the final six months of 2019, “and we suspect that gains in 2020 will look more like the second half of 2019 than the first.”

“[G]iven the sluggish pace of economic growth seen towards the end of last year, leaving employment growth still outpacing [gross domestic product], we see scope for some softer job gains in the coming months, which will keep our forecast for an interest-rate cut alive,” said Andrew Grantham, senior economist at Canadian Imperial Bank of Commerce, in a note.

Sluggish business investment is a key factor behind Canada’s feeble gains in real GDP per person.  This chart shows that real business investment per worker in mid-2019 was noticeably below the levels recorded in early 2008 across most categories of investment, including machinery and equipment and intellectual property products.  Simply put, Canadian firms aren’t investing enough in the things that make both employees and the overall economy more productive.

Policy makers continue to keep a watchful eye on household debt levels, and rightfully so.  The share of disposable income required to service debt levels is at 30-year highs while interest payments are rising 4x the rate of disposable income growth.  It’s no wonder that consumer insolvencies are up eight per cent year-over-year so far in 2019 in spite of a labour market that by most measures is as strong as it’s ever been. But while all eyes have been on household balance sheets, Canadian corporations have quietly been undertaking their own borrowing binge. Non-financial sector corporate debt now sits at 71 per cent of GDP.  That level stands 18 points above long-term averages and makes the U.S level of 48 per cent look pedestrian by comparison. In fact, over the past five years, the rate of growth in this ratio in Canada has more than tripled the G20 average. The Bank of Canada recently warned that, “resiliency of the Canadian economy will be increasingly tested”, which makes rising corporate debt burdens one more thing for policy makers to keep tabs on.

Decline in business investment is pulling down growth

Canadian economic growth has been pulled down by an outright decline in business investment the past few years and this year is no different. Our 2019 growth drivers are consumption (0.9 percentage points), government spending (0.4) and net exports (0.6), while business investment is projected to be a net -0.4 percentage point drag on real GDP. This is particularly concerning since our already flagging productivity levels have been diverging from other countries, such as the United States, in recent years because businesses have not been provided with the incentives and certainty to invest in the technologies and skills that help national economies compete.