Canada & Progressives

[Bob Armstrong]

Carney announces trade war relief, pledges to expedite infrastructure projects

Liberal Party of Canada

Prime Minister Mark Carney announced on Friday a relief package for workers and companies hurt by the trade war that U.S. President Donald Trump started and pledged a suite of measures to expedite major infrastructure and resource-extraction projects.

“It’s high time we built things we’ve never imagined, at a speed we’ve never seen,” the prime minister said Friday, just days before a federal election campaign is expected to begin Sunday. He spoke following a meeting with provincial and territorial premiers.

The aid package includes: waiving the one-week waiting period before collecting employment insurance, allowing workers to collect before they have exhausted severance pay and making it easier to access this support.

Ottawa will also temporarily allow companies to defer corporate income tax payments as well as remittances of the goods and services tax and harmonized sales tax, Mr. Carney announced. Steven Chase - Senior parliamentary reporter, The Globe and Mail - Breaking News Newsletter - 25/3/21

[Dilip Panjwani]

'Progressive'

The progression of Government debt:
As of March 22, 2025, Canada's total gross debt (total liabilities at market value) is projected to be around $3.182 trillion, with the federal government's portion at $1.641 trillion and provincial, territorial, and local governments (PTLG) at $1.488 trillion.
The progression of personal debt:
Canadians are facing high levels of personal debt, with the average credit card balance reaching a 17-year high, and the total consumer debt reaching a record $2.5 trillion, driven by younger generations and rising interest rates.

That is, about 150,000 dollars per man, per woman, per child...

[Bob Gillanders]

Now that Trump is threatening Canadian sovereignty, it would be prudent to reconsider our purchase of American F35 fighter jets.
I believe Carney has all but cancelled the F35 purchase in favour of a European fighter jet.
Will we see an announcement soon?

[Dilip Panjwani]

'Progressive'

The progression of Government debt:
As of March 22, 2025, Canada's total gross debt (total liabilities at market value) is projected to be around $3.182 trillion, with the federal government's portion at $1.641 trillion and provincial, territorial, and local governments (PTLG) at $1.488 trillion.
The progression of personal debt:
Canadians are facing high levels of personal debt, with the average credit card balance reaching a 17-year high, and the total consumer debt reaching a record $2.5 trillion, driven by younger generations and rising interest rates.

That is, about 150,000 dollars per man, per woman, per child...

We should realize that each one of us and each one of our family members, is losing about 10,000 dollars per year in interest payments, which we all could have made good use of, if our 'votes oriented progressive' governments had not accumulated all this debt...