Burning down the house on his way out the door.
Prime Minister Justin Trudeau yesterday outlined pre-election perks for taxpayers that open a budget hole worth $5 billion to $10 billion, figures show. The finance department declined comment on the impact on this year’s deficit that is already 17 percent over estimate: “That sounds like a trick.”
Plus, one last kick at struggling retailers.
Can the retailer put a sign in the window saying that prices are 5% higher than posted on select items (like a reverse sale)? In Ontario LCBO / Beer Store prices posted include GST/HST so they can just take that 5% to the bottom line rather than reprice everything.
No matter how much you hate Justatwit and Garden Gnome Barbie, it’s never enough.
@ cgh:
Use her full name: Garden Gnome Bobble Head Barbie.
This is just a cynical ploy in order to get other legislation passed, and to get the conservatives to end their filibuster so they don’t have to provide the documents on their Green Slush funds.
If I owned a business, I would tell the customers to submit their receipt directly to the CRA for their rebate, fuck doing the paperwork for Trudeau.
An idiot doing idiotic things.
Wine is a necessity of life.
While the tax should not be put on those things or anything else in the first place, it gives the Butt to write a script that sounds good to the most of Canadian plebeians.
Here’s my comment from yesterday for a similar thread..
What a crock! Knowing that the government is running a deficit (and has been since Trudeau came into power), it seems that this ‘tax break’ simply adds to the deficit, so we borrow to pay for it (i.e. taxpayers borrow to pay for the tax break).
Also, I doubt it’s a slam dunk getting businesses to simply remove GST/HST on a certain set of goods/services (which I’m sure will all be carefully laid out by the Government – ha ha ha!) in a short period of time.
What else can be expected from this useless government and their NDP toadies? SNAFU!
It’s verging on criminal,
that when News departments across Canada report on expenditures like this latest one, or more money for Ukraine, or somewhere else, that they aren’t telling their listeners that the money is being borrowed!
They should have reported that the program announced today, will require the Federal gov’t to borrow an additional 6.4 billion to cover the reduced GST and the cash payments in February and that such borrowing will be subject to interest payments, over and above the 6.4 billion to creditors of the Federal government.
Same with Ukraine, the Federal government has borrowed an additional $—,—,— from creditors to give to Ukraine for weapon purchases. Ukraine gives no guarantee to repay the Canadian government for the money that was borrowed to give Ukraine in this latest plan.
The majority of Canadians have no idea that all such programs are from money the Federal government has borrowed from creditors. The Media should be responsible, and tell listeners it’s just more debit for Canadians.
Here is a radical suggestion that might help Trudeau’s budget to “balance itself”….. Cut government spending by $5 to $10 Billion dollars. Giving tax relief of $10 Billion and then printing/borrowing $10 Billion isn’t the infinite, free-money hack that Trudy thinks that it is.
What Canadians need is comprehensive tax reform and a considerably smaller federal government in order to slash government spending and permanently lower taxes for individuals and businesses. What we’re getting is an ill-thought out short term PR gimmick that will increase the deficit and bump up inflation.
The xmas spending spree, funded by taxes and debt, will prevent the Bank of Canada from even considering a 50bps interest rate reduction in December. An interest rate reduction that would have helped far more Canadian families reduce costs on an on-going basis rather than a temporary GST reduction on a few items and a one time $250 “gift”.
The BoC cutting won’t have the effect you think. Mortgage and most other interest rates are a function of the 10 year, the rate on which has gone up in both Canada and the US since rate cutting began. The bond market has it’s own opinion, and the overnight bank rate which is the only thing the BoC controls, has nothing to say.
Only fixed rate mortgages are linked to bonds. Variable rate mortgages, open mortgages and other debt like lines of credit move in tandem with central bank prime rates and commercial bank prime rates
Correct, and fixed term mortgages are the majority in Canada. Car loans also operate off the bond market, as well as other fixed term loans.
Sadly, lots of Canadians believed Bank of Canada’s Tiff McWhatever that interest rates would stay low so they took out variable rate mortgages, only to then see rates and inflation skyrocket. Luckily we built our house long before things got crazy but many young couples and families are in a tough position because of the policy errors of the Trudeau government and Bank of Canada.
But, hey, Trudeau is going to remove the gst from beer and potato chips (popcorn?) for a couple months so we should all give thanks to the benevolence and generosity of the Trudeau Liberal government.
Bottom line here is that since his first day in office, Everything he has done is in line with the Agenda given to him as a WEF member.
EVERYTHING. All designed to Annihilate Canada (not in Chronological order)
” We have no more to Give”
Hands Khadr 10m.
Hands 3 Syrians 10m ea
Hijabi girl
Quebec Mosque Shooting
Constant ChiCom Ass kissing
Arrive Scam
Horse Trampling
Compromised Judiciary – Gov General
Inviting a Waffen SS NAZI PIG into the HOCPersecution of Peaceful Convoy Protesters – while Islamic POS Shit rapes a 9 yr old & gets 3 mo. jail time
Mass (FED Gov Sanctioned), Hamas/Hezbollah Islamic filth demonstration – Blocking streets, shooting up Jewish homes, businesses, Schcools
Colossal Theft by MPs of Tax payer dollars.. Easily a few Billion.
20+ Billion to Ukraine
Billions given to African – Asian Countries for SFA.
Mass in-migration of useless garbage.
Institution of Anti White Euro-centric POLICIES: LMIA, paying Asylum seekers 225/day (82K Annually), etc etc
Climate Change Horseshit
Govt sanctioned ARSON
Censorship that would make Joseph Goebells blush
TAXATION designed to kill.
This Cabal of utter NAZI’s deserve (the Entire Cabinet), a PUBLICLY Broadcast ending ala Mussolinni. (look it up)
Yea, thats where I am at with this FILTH.
Dan Kelly, President and CEO of the Canadian Federation of Independent Business (CFIB). In business for your business.
“Keep in mind that 6 weeks after the proposed 5% GST holiday expires, the federal carbon tax will rise by 19%.”
https://x.com/CFIB/status/1859650981358625237
Was it Rome that started tossing money at the population to appease the growing hatred of their government …… just before they sacked the city and … Rome fell.
The upside right now is that the USA will not want a communist gulag on it’s northern border and may be be supportive of a regime change via an election or an invasion by the American army … to help out.
We could also use some global warming … it’s getting chilly out there.
I’ll take an invasion by the American army for $1000.00 Alex!!
The coinage of Rome had its gold and silver content reduced to 9% … sound familiar?
If AB/Sask. have a separation referendum, the new US Admin. will recognise us late in the evening as the results are being counted and a probable winner is clear.
Bread and circuses. And Trudeau is literally the Emperor Nero fiddling as Canada burns.
the 250$ will be taxable. same money , yours, thru the system 2 or 3 times. with 30% waste per cycle
Wait for concern over the “hole in the budget” IF Poilievre axes the carbon scam tax.
This latest move by Turdoo is such an obvious case of vote buying. He is desperate. He is willing to ruin the country to keep in power.
“He is willing to ruin the country to keep in power.”
I disagree.
He has gotten himself empowered to ruin the country.
Name one thing the cunned stunt has done that hasn’t been negative, to put it mildly.
@ Buddy:
I am at a loss for words.
Justin can’t have it both ways on this issue. The Liberals have been claiming for months that inflation is low and falling. Now they acknowledge that it negatively affects Canadians. Good luck trying to spin that into an electoral victory.
Great. A 5% discount on items that went up in price as much as 50%.
Here is the official “Burning down the house” video
https://www.youtube.com/watch?v=_3eC35LoF4U
Liberals complain that their GST Rebate checks will be lower.
From what I just read at Nat Post https://nationalpost.com/news/canada/will-you-be-eligible-to-receive-the-newly-promised-250-tax-rebate-from-ottawa
You will not get the cheque if you:
– Had no employment income for 2023
– Did not claim the CPP/QPP and Employment insurance tax credits on your return. This means pensioners, disability, Self-employed that did not participate in EI, most part time or gig workers.
No one in my household will get a cheque. But we will have to pay to cover it later.
@Grumps:
Stop complaining. It is a targeted program, the most needy gets the $250. About 18 million people. Yup, includes the needy that earn over $60,000/yr up to $150,000/yr. (in case some readers didn’t notice, I am being facetious)
He could throw in free beer and lap dances, still not voting Liberal, ever.
He hates the citizenry’s guts.
He hates the country.
Every single thing he (and his party of mental defectives) has done shows nothing less than that.
We knew he would ramp up national destruction as his term nears its end.
So what’s next?
The Liberal Members of Parliament could end this madness overnight.
If they gave a damn about representing their constituents..
By resigning en mass.
Thus ending this out of touch destructive government.
The people they claim to represent,have been telling them for months,that the idiots in charge must go.
What have they done?
Nothing.
What do these members of Parliament represent?
Other than the mindless looting party of can Ah Duh.
We need to abolish all pensions for politicians ….retroactively.
What were we rewarding them for?
Every decade we get poorer and saddled with ever growing debt.
Hanging is a more appropriate reward for such “help”.
On the other hand,it warms my heart observing the desperate Liberals and their media servants trying to spin this vote buying scam.