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TSX hits record high - Thank You Trudeau

Darts

Well-known member
Jan 15, 2017
23,061
11,160
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Thanks to Conservative provincial premiers for our good economy. It would be much better if Trudeau hadn't pissed off the Chinese who no longer buy our canola, etc. Canada would be Venezuela north if the "progressives" had their way.
 

shack

Nitpicker Extraordinaire
Oct 2, 2001
46,713
7,990
113
Toronto
Canada is simply an economic colony of the US, you should be thanking Trump if you are looking for a political leader to thank.
More smugness from you. You are just dripping in it.

Canadians live longer than Americans. More Canadians receive a higher education. More Canadians own their own homes.

We are living the American dream more than Americans. You have very little to be smug about.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
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More smugness from you. You are just dripping in it.

Canadians live longer than Americans. More Canadians receive a higher education. More Canadians own their own homes.

We are living the American dream more than Americans. You have very little to be smug about.
Don’t take out your insecurity on me, I’m simply telling it like it is.
 

shack

Nitpicker Extraordinaire
Oct 2, 2001
46,713
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Don’t take out your insecurity on me, I’m simply telling it like it is.
And so was I. The quality of life is better in Canada than the U.S.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
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And so was I. The quality of life is better in Canada than the U.S.
Which is why many more Canadians move to the US than Americans to Canada, with 10% of the population.

And given Bever’s troll thread topic was market and economy, my point was on point and yours was desperate insecurity.
 

shack

Nitpicker Extraordinaire
Oct 2, 2001
46,713
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Which is why many more Canadians move to the US than Americans to Canada, with 10% of the population.

And given Bever’s troll thread topic was market and economy, my point was on point and yours was desperate insecurity.
Again, your smugness does not allow to accept the fact that Canadians live longer, are better educated and a higher percentage own their own residence. That is the American dream and we own it.

You need to come off your high horse.
 

WyattEarp

Well-known member
May 17, 2017
5,906
1,172
113
Again, your smugness does not allow to accept the fact that Canadians live longer, are better educated and a higher percentage own their own residence. That is the American dream and we own it.

You need to come off your high horse.
I think you need to realize there are cultural factors. American obesity is unique. We also have subcultures that currently don't place a high enough value on education. Education is available and there are many programs for poor students. Teachers really don't make or break students. Parents do.

I don't know much about Canadian real estate, but it seems that it is expensive all things considered. This even in areas not attracting foreign buyers.

The Canadians who work with me here say the same thing. Canada is a great place to live. The U.S. is a great place to work and make money.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
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I think you need to realize there are cultural factors. American obesity is unique. We also have subcultures that currently don't place a high enough value on education. Education is available and there are many programs for poor students. Teachers really don't make or break students. Parents do.

I don't know much about Canadian real estate, but it seems that it is expensive all things considered. This even in areas not attracting foreign buyers.

The Canadians who work with me here say the same thing. Canada is a great place to live. The U.S. is a great place to work and make money.
Don’t forget that the weather sucks and it’s filled with redneck hockey fans.

But I jest. Canada is a great country, that doesn’t mean it isn’t an economic colony of the US.
 

shack

Nitpicker Extraordinaire
Oct 2, 2001
46,713
7,990
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Toronto
Don’t forget that the weather sucks and it’s filled with redneck hockey fans.

But I jest. Canada is a great country, that doesn’t mean it isn’t an economic colony of the US.
All I'm saying is that using that phrase, makes it sound like you are looking down your nose at Canada, as if the fact that we are obviously intertwined economically with the U.S., negates the very high quality of life we enjoy. We are a trading partner to the largest economy in the world, but without proper management and policies on our end the advantage we have being next to you could be easily fucked up. That has not happened. Credit must be given. Prosperity via being next to you, is not a given.
 

malata

RockStar
Jan 16, 2004
3,829
172
63
Paradise by the dashboard light.
the indices are all correlated to the world economy. when one shit hits the fan, the rest follows suit

 

bver_hunter

Well-known member
Nov 5, 2005
27,340
5,560
113
Why do you blame Harper for everything? And if you truly believe all ills were spawned by him, then why haven't the Liberals repealed anything he allegedly implemented that was so bad? They've been in power 4+ years!
House prices surged during Harper's regime. Why did he do nothing about it. There is a Speculation Tax on Non-Resident Properties that is expected to be introduced on Foreign buyers:

Trudeau promises new speculation tax on foreign buyers if re-elected:

https://www.bnnbloomberg.ca/trudeau...tax-on-foreign-buyers-if-re-elected-1.1315217

At least the BC and Ontario Governments have a Non-Residency taxes. Wonder when Dumb DOFO will repeal it!!
 

bver_hunter

Well-known member
Nov 5, 2005
27,340
5,560
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So why doesn't Trudeau do something about it? He put in a small foreign buyer tax which has done nothing to stop the growth of prices I have said Bush is the worst president of modern times. You always blame Harper for all of Canada's problems, nothing is Trudeau's fault. The insolvency surge started last year, 4 years from Harper being removed. Don't forget Harper had to live through the worst recession in modern times as Obama did. They both get credit for digging us out. When are you actually going to hold Trudeau responsible for anything. You give him credit for the economy, but don't blame him for any failures. The surge in insolvencies is on him.
For once why are you not blaming the Conservatives for what happened under their tenure. You always claim to be a middle of the road individual but your attacks are always against those on the "left".

Seriously last year was four years after Harper was removed in office?? The elections are called every four years. This year was the fourth year and that is why we have had the elections. So get your facts right!!

Unlike Obama, Harper was handed a robust economy with a surplus. During most of his long tenure he took the economy into a huge debt of over $150 billion. Even at the very end of his tenure he just went on a rash cuts program, just so that he wanted to show everyone that he "balanced" the books. But the economy was still stagnant at that stage. So why do you not give Trudeau credit for creating the most jobs in 40 years?? He created over 110,000 jobs in just one month earlier this year. Harper boasted when he created 80,000 jobs in a full year under his tenure!!
 

Boober69

Well-known member
Feb 23, 2012
6,722
263
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They have changed a ton of stuff, have you been asleep all this time? Tax laws changes, child benefit changed, sentencing guidelines changed. Instead of lazy tax cuts to corps, the Libs gave accelerated depreciation for NEW investment. All working quite nicely but there needs to be constant tweaks to keep things rolling.
Nothing significant. Why would they really? People keep blaming the previous government but Liberals reap the rewards.
 

Boober69

Well-known member
Feb 23, 2012
6,722
263
83
House prices surged during Harper's regime. Why did he do nothing about it. There is a Speculation Tax on Non-Resident Properties that is expected to be introduced on Foreign buyers:

Trudeau promises new speculation tax on foreign buyers if re-elected:

https://www.bnnbloomberg.ca/trudeau...tax-on-foreign-buyers-if-re-elected-1.1315217

At least the BC and Ontario Governments have a Non-Residency taxes. Wonder when Dumb DOFO will repeal it!!
When house prices go up, it's a sign that the economy is doing well. Demand drives construction and creates jobs. More people working, means more tax revenue coming in.

Why are you so opposed to house prices going up?
 

bver_hunter

Well-known member
Nov 5, 2005
27,340
5,560
113
When house prices go up, it's a sign that the economy is doing well. Demand drives construction and creates jobs. More people working, means more tax revenue coming in.

Why are you so opposed to house prices going up?
Again, they have accelerated way beyond the means of the Millennials, Gen X and Y. Why should numerous properties be purchased by non-residents and then lie empty in may instances. That was the huge issue in Downtown, Vancouver. The same has been occurring in Ontario since BC imposed the Non-Residency Tax. The Wynne Government followed suite!!
 

Gooseifur

Well-known member
Aug 13, 2019
3,764
405
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For once why are you not blaming the Conservatives for what happened under their tenure. You always claim to be a middle of the road individual but your attacks are always against those on the "left".

Seriously last year was four years after Harper was removed in office?? The elections are called every four years. This year was the fourth year and that is why we have had the elections. So get your facts right!!

Unlike Obama, Harper was handed a robust economy with a surplus. During most of his long tenure he took the economy into a huge debt of over $150 billion. Even at the very end of his tenure he just went on a rash cuts program, just so that he wanted to show everyone that he "balanced" the books. But the economy was still stagnant at that stage. So why do you not give Trudeau credit for creating the most jobs in 40 years?? He created over 110,000 jobs in just one month earlier this year. Harper boasted when he created 80,000 jobs in a full year under his tenure!!
Yes Harper was given a surplus but then the financial crisis hit, he was in power when the recession hit. The U.S economy tanked and so did ours. The Canadian people also didn't blame him because he was re-elected. I did give Trudeau credit for job creation in another thread but I guess you skipped right over that one. The debt increase under Harper was to battle the recession just like the debt under Obama rose. If our economy is so great right now, why does the debt continue to rise?
 

Boober69

Well-known member
Feb 23, 2012
6,722
263
83
Again, they have accelerated way beyond the means of the Millennials, Gen X and Y. Why should numerous properties be purchased by non-residents and then lie empty in may instances. That was the huge issue in Downtown, Vancouver. The same has been occurring in Ontario since BC imposed the Non-Residency Tax. The Wynne Government followed suite!!
Why should they be kept empty? Because it's their property!!! What business is it of anyone what someone does with a property they own as far as living in it, renting it out or keeping it empty?

Why do you want to be controlled by the government to that extent?
 

bver_hunter

Well-known member
Nov 5, 2005
27,340
5,560
113
Why should they be kept empty? Because it's their property!!! What business is it of anyone what someone does with a property they own as far as living in it, renting it out or keeping it empty?

Why do you want to be controlled by the government to that extent?
Look at the restrictions on properties globally. Not easy to own one and leave it unoccupied if you are a non-resident. I know about the property I had in the USA and then had to file the USA taxes on the profits when I sold it. That is why Canada is the preferred nation for purchasing and then making the profits on it. A lot of flipping went on and on with non-residents. So the losers were the Canadians that were just beginning to get on the market. After all a roof over everyones head is a basic necessity. You do not care about our Millennials. Do You??
 
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