Trudeau’s COVID-19 spending was tilted to latte Liberals;
Canada’s highest-earning families were the biggest beneficiaries of Prime Minister Justin Trudeau’s pandemic aid, opening his government to criticism that its programs were wasteful.
The top 20 per cent of income-earning families received an average of $6,728 (US$5,577) from emergency COVID-19 assistance programs, according to data provided to Bloomberg by Statistics Canada. The lowest-earning households got $4,097 in aid, on average.
All told, the bottom 20 per cent of earners got just 14 per cent of the $95.2 billion in direct government transfers related to COVID-19 last year, data from the statistical agency show. The numbers have fueled concerns that Canada’s pandemic support — among the world’s most generous, and financed with hundreds of billions in new debt — was inefficient as cash was funnelled to dozens of different groups, and ended up being hoarded in bank accounts.
I am thinking about all the money wasted on attempting to vaccinate every one, when only the elderly– especially those in institutions — are vulnerable. We have a major problem with providing long term care. Dollars from the vaccine spending and also the unused Lavelan field hospitals could have been directed to improving long term care. Ah, but then the Liberal buddies at places like Pziser and cronies in Quebec would not have done so well.
The level of corruption of this so called “Liberal” government must be the top level in the world.
Don’t think that the regimes in the banana republics could cut it, except perhaps Venezuela’s communists.
It is hard to imagine Whu (sic) runs the idiot. It must be a cabal of self serving scumbags that have free reign of the realm, the idiot at maximum being an observer without any idea of what is going on.
“Hoarded in bank accounts”?
I think the columnist wrote that wrong.
It should say millions in funny money was laundered.
The government requested a loan from the bank of Canada on nothing more than an iou, the BoC basically printed money based on a promise and then the beneficiaries of the plan put the money into the currency stream via the commercial banks thereby making it legitimate.
Organized crime gangs everywhere are envious beyond belief.
Considering that for every dollar of income lost to the pandemic (government action consequences), the Spawn’s dictatorship spent twenty dollars, this is a good example of political action in Canadian federal affairs. It’s a feature not a bug.
To be fair, Trudeau said that the budgie will balance itself.
Beautiful plumage!
Don’t flush that budgie down the loo. They breed in the sewers and come up to invade your privacy.
I got nuthin but a tax re-assement for 2019, and now owe over 2500 more and a tax re-assement for 2020 for an additional 1800 plus. I guess they have fucked everybody so bad that only us old farts have anything left. Where the hell is my “covid money”?
Yup.
My actual income went up by something like 3% from 2019 to 2020. My income tax increased by close to 10%. Go figure.
Oh, and there’s the “minimum” income tax. There I went, calculating my income, my tax credits, and the resulting tax that I would have to pay, coming up with a certain amount. But, as I found out last year, as the government munchkin I spoke with told me, I’m not allowed to have “too good of a year”, so I went through several pages of an additional form.
Most of it wasn’t applicable to me and, so was left blank. The important bit consisted of less than a page and I ended up having to pay about $1000 more than what the main tax form told me I had to fork over. (I knew I shouldn’t have sold my Weyerhauser shares some 20 years ago…..)
That, folks, is the “minimum” income tax we all have to pay if we make “too much” money. Any bets that neither Prinz Dummkopf nor that twit Morneau have that problem?
The result was that I had to submit a sheaf of paper thick enough to choke the proverbial horse. The government contacted me with my notice of assessment, said “Thank you very much, you sucker”, and hinted at “let’s do this again next year”.
And that’s why one works hard to provide for one’s retirement, paying tax on the income earned to add to those funds, paying tax if that retirement money produces dividends, and then paying tax if one sells those assets.
To paraphrase the refrain of a well-known song of yesteryear, “Workin’ for the Trudeau dollarrrrrrr…….”
vowg, Surely you jest! Did you not get the extra heaping of $300 covid bucks like I did?
I’m so sorry for you, because thanks to that single massive influx of funds last year, I’m now living like a king! If you didn’t get yours, perhaps a strongly worded letter to the prime minister would correct the obvious over sight! /s
File a Notice of Objection. It’s printable from the CRA website.
With all the shit that’s been going this year, it’ll take a few years for them to review it.