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Trudeau, Taxes and Economy
Topic Started: Jan 22 2016, 08:49 AM (534 Views)
friendshipgal
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Guess everyone wants their own Trudashians
Economy is not Trudeau's forte...

The federal budget watchdog says the Liberals’ tax-bracket changes will drain on average about $100 million more per year from the public treasury than the government expects.

Some truths about Trudeau’s performance in Davos
http://www.newstalk770.com/2016/01/20/trudeau/
Our Prime Minister Justin Trudeau just delivered a speech to the World Economic Forum. After watching Leonardo DiCaprio’s speech slamming the “corporate greed” of those tremendous employers in the energy sector, I didn’t think I could possibly feel more nauseated. I thought wrong.
….
The Prime Minister seems to have mistaken the World Economic Forum for a place where one goes to learn basic concepts in economics. Most Canadians can appreciate the fact that he’s not going to abandon his perch as the “touchy-feely” sunny ways leader, but the least he could do is not be blissfully unaware of certain things that are really important to the people who make this world a better place with their giant corporations and their world-improving product. High on the list among those things is something called RETURN ON CAPITAL. No credible investor in the Silicon Valley of Canada would put their cash into a company thinking first about the diversity of the organization.


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Edited by friendshipgal, Jan 22 2016, 08:52 AM.
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Dialtone
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IMO, his main objective going to Davos was to be seen and not heard, after all DiCaprio, Bono and many other celebs were going to be there, just think of the photo ops. How is anything he says going to effect the decisions of billionaire investors, financial gurus, heads of state, and corporate leaders ? Would not the world's top financial wheeler / dealers and decision makers not already know about Canada, and it's pros and cons ? If anyone should have gone, it should have been Stephen Poloz, at least he could talk with financial knowledge to potential investors.
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friendshipgal
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Guess everyone wants their own Trudashians
Dialtone
Jan 22 2016, 09:04 AM
IMO, his main objective going to Davos was to be seen and not heard, after all DiCaprio, Bono and many other celebs were going to be there, just think of the photo ops. How is anything he says going to effect the decisions of billionaire investors, financial gurus, heads of state, and corporate leaders ? Would not the world's top financial wheeler / dealers and decision makers not already know about Canada, and it's pros and cons ? If anyone should have gone, it should have been Stephen Poloz, at least he could talk with financial knowledge to potential investors.
Good point.. or even the Finance Minister.
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Delphi51
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I think the economy is pretty much beyond the control of the prime minister and would be in just as much trouble with a Conservative or NDP government. It would also be just as sensitive to the prices if oil and other minerals if we had a Liberal one for the last decade.
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swing
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swing
Good point.. or even the Finance Minister.

i agree Paul Morneau, has excellent qualifications.
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campy
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Delphi51
Jan 22 2016, 05:52 PM
I think the economy is pretty much beyond the control of the prime minister and would be in just as much trouble with a Conservative or NDP government. It would also be just as sensitive to the prices if oil and other minerals if we had a Liberal one for the last decade.
So you are saying we are in trouble?
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friendshipgal
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Guess everyone wants their own Trudashians
Delphi51
Jan 22 2016, 05:52 PM
I think the economy is pretty much beyond the control of the prime minister and would be in just as much trouble with a Conservative or NDP government. It would also be just as sensitive to the prices if oil and other minerals if we had a Liberal one for the last decade.
For the most part I think you are right, but poorly thought out taxation adds to the problem (see first link) and tossing billions out of Canada doesn't help us.
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swing
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For the most part I think you are right, but poorly thought out taxation adds to the problem (see first link) and tossing billions out of Canada doesn't help us.

So True! Mayor Nenshi was on the news the other night in Calgary somewhat annoyed the P.M. is downplaying resources. J.T. has to start listening to his advisors, and less photo ops and meet ups with movie stars. He might want to visit the city of calgary where every other office bldg. is vacant! I know he's going to borrow, borrow for infrastructure to create jobs, and the NDP are going to grow poppies. I'm thinking there won't be $$ from Alberta for transfer payments this year!
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Dialtone
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Trudeau told DiCaprio to cool the anti-oilsands rhetoric in Davos, maybe my criticism of young Justin has been ill intentioned, he might have some good qualities after all. He'll get my support if he asks DiCaprio for a boxing match, and beats the crap out of him. I'd actually vote for him if he next gave Neil Young a good cuffing along with Robert Redford, and spanked the heck out of Miley Cyrus. biggrin 04

http://www.calgarysun.com/2016/01/21/trudeau-dicaprio-square-off-in-davos
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David
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Not a Neil Young fan?
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Dialtone
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David
Jan 23 2016, 04:49 AM
Not a Neil Young fan?
Nope, IMO he's another rich celeb getting free publicity from the oil sands bandwagon. I've never been much of a fan of his music style.
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friendshipgal
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Guess everyone wants their own Trudashians
At the expensive waste of time at the World Economic Conference in Davos, Trudeau went on an on about Canada's strength in diversity. The man is a fool and a charlatan. However, Trudeau campaigned for months claiming that he would make life easier for the "middle class". In short Trudeau does not believe in either diversity or parity; he is completely comfortable with a classed society as long as he is in the premier or first class.

This is the same twit who promised to remove child subsidies on the basis that rich people did not need the benefits and than promptly hired nannies for HIS kids and tagged taxpayers for the bill.

http://www.nationalpost.com/m/wp/news/blog.html?b=news.nationalpost.com%2Fnews%2Fcanada%2Fcanadian-politics%2Fandrew-coyne-trudeau-digs-a-hole-for-himself-in-davos&pubdate=2016-01-23
Every now and then with Justin Trudeau the mask slips: when that bottomless reservoir of self-assurance of his, which in his best moments presents itself as graciousness and magnanimity, instead bubbles up as arrogance and hubris. For some reason this seems most often to happen when he’s abroad. Remember that post-election boast to the BBC about having left his critics “in my dust”?

This time, it was in the middle of his speech to the annual conference of the World Economic Forum in Davos, Switzerland. For the most part the speech was chamber of commerce-stye boosterism, mixed with the usual assortment of buzzwords that festoon most of Trudeau’s speeches: diversity, infrastructure, middle class, etc.

Edited by friendshipgal, Jan 24 2016, 05:02 AM.
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Bitsy
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Davos is only an expensive waste of time to some because Trudeau was representing Canada not Stephen Harper, when he announced changing retirement/pension plans to a world audience before sharing with the citizens of Canada.
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campy
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Bitsy
Jan 24 2016, 05:44 AM
Davos is only an expensive waste of time to some because Trudeau was representing Canada not Stephen Harper, when he announced changing retirement/pension plans to a world audience before sharing with the citizens of Canada.
We Canadians are looking for results instead of promises.

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Bitsy
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campy
Jan 24 2016, 06:15 AM
Bitsy
Jan 24 2016, 05:44 AM
Davos is only an expensive waste of time to some because Trudeau was representing Canada not Stephen Harper, when he announced changing retirement/pension plans to a world audience before sharing with the citizens of Canada.
We Canadians are looking for results instead of promises.

Be patient....two months in is hardly adequate time for results.
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