I don't need to vote my riding is solid Liberal. The Conservatives never won my riding. I will vote anyways.
Polling has changed….
- Thread starter Jenesis
- Start date
This is what is wrong with "liberals" today. Anytime someone points out anything that contradicts your view or your party you automatically spew an insult, question intelligence and engage in whataboutism (the lowest form of debate.) It is quite sad what the "liberal" party has become these days.
the reason why Trudeau lowered the cpp to 65 was he was expecting to continue to bring in millions of immigrants to fund the cpp
that plan got derailed, "gee we forgot these people will need shelter"
so unless the age is raised / big increase in premiums, the plan will not be sustainable
I have no doubts that the CPC will win the election. Its just a matter of whether its a majority or a minority.
I think the liberals will win a minority.
Conservatives issues are not the ones Canada trust them with.
Here's an article on the Triffin Dilemma. It's worth reading to gain a better understanding of global trade. You usually won't find any mention if it in mainstream media outlets. I don't think it's simplistic enough for most of the audience or journalists. A few people on TERB are aware of this economic concept.Isn't it the US that is overspending, running chronic trade deficits and using borrowing and their printing press to fund their lifestyle? Canada puts trust in the US dollar to accept the goods we are selling, especially oil. With these moves, the US risks accelerating their decline as the preferred reserve currency.
Imagine if we have to start insisting on getting paid in Euros for the oil we sell to the US due to the instability these nincompoops are bringing.
Reserve currency - Wikipedia
en.wikipedia.org
(Economist Robert Triffin) noted that a country whose currency is the global reserve currency, held by other nations as foreign exchange (FX) reserves to support international trade, must somehow supply the world with its currency in order to fulfill world demand for these FX reserves. This supply function is nominally accomplished by international trade, with the country holding reserve currency status being required to run an inevitable trade deficit.
Triffin dilemma - Wikipedia
en.wikipedia.org
Regarding your last comment, you won't be the last person to mention this idea of charging in Euros, Chinese Yuan or whatever in foreign trade. The medium of exchange really doesn't matter in the global trade equation. If you dig deeper into it, it's the currency that trade surpluses are stored. Canada can demand Euros in payment but then they would need to find a home for the monetary surplus. (That theoretically could be done by significantly expanding the Canadian government's fiscal deficit and increasing the supply of govt. debt.)
The burden from absorbing excess global production (surpluses) is borne upon the U.S. allowing foreign countries to hold U.S. assets with a large amount in treasuries. The EU, China and Japan and last of all Canada do not want financial surpluses directed into their own currencies. This money would have to be spent domestically and/or abroad decreasing their surplus by virtue of the trade balancing equation. As the holder of the reserve currency and as what some call the consumer of last resort, the U.S. treasury and capital markets have been the most open in the world to accommodate global trade.
Note: The Triffin Dilemma is an economic concept that is politically benign. Progressives should take heart that the rebalancing solution is for China, Germany and other chronic surplus countries to direct more money towards consumption instead of continuing over-investment in production. The Chinese Communist Party literally states this goal, but it's been very hard to implement after thirty years of government support for the production sector (and the ensuing dependency).
Tories losing ground in three battleground provinces: poll
Tories fall farther and farther behind as LPC support in Ontario nears record levels.
Tories fall farther and farther behind as LPC support in Ontario nears record levels.
The gap has risen to around 9 points in the latest Nanos Poll:
www.ctvnews.ca
Liberals increase lead to 9 points over Conservatives while NDP stays in single digits in latest Nanos tracking
The federal Liberals have increased their lead to nine points over the Conservatives on Day 12 of the federal election campaign.
www.ctvnews.ca
Ontario is the bellwether province; whoever wins Ontario, wins the election.
Ontario | 338Canada
338canada.com
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So oracle, it was a good thing that he backtracked and resigned. The policies were also backtracked, so thanks for the advice...............!!
Backtrack on policies? Is the color of the jersey the only thing thing that matters to you?
So oracle, it was a good thing that he backtracked and resigned. The policies were also backtracked, so thanks for the advice...............!!
By the way, that's easier said than done for Carney and the Liberals to create a whole new look. I think politics in Canada are going to get very heated in the next three weeks.
The only way it will get heated is if the Russians fund another convoy to Ottawa, trying to force Carney to clear it.
But at this moment in time, I think sopra-80 iq Canadians will clear it on their own, which WILL lead to trouble.
Wyatt, how is your 401(K) today, bud?
Don't you dare accuse me of trolling; I'm asking out of concern!!!!
New Nanos poll has the Liberals up by 11. Nanos is an A-rated pollster.
338canada.com
338Canada | Nanos Research federal poll, April 2025
338canada.com
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As @Frankfooter said, the Conservatives own the Canadian media. It's notable that on a recent CTV News show, they pointed out a poll conducted on March 29 by Innovative Research, which showed the Conservatives in a tight lead, 38-37. Innovative research is a B- pollster.
338canada.com
But let's look at all recent polls, which show the Liberals in the lead in almost all of them. The Conservative media refuses to say a Liberal majority.
338canada.com
338Canada | Innovative Research federal poll, March 2025
338canada.com
But let's look at all recent polls, which show the Liberals in the lead in almost all of them. The Conservative media refuses to say a Liberal majority.
Canada polls | 338Canada
338canada.com
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I posted here a few times last year long before the election that the U.S. would be in recession in 2025. That's what happens when the Fed raises rates and we have an inverted yield curve (high short-term rates) for a substantial period of time. The global economy has also been slowing down for quite awhile now. (Incidentally, this is a factor in driving higher U.S. trade deficits. Countries import less in their own recessions. Some like China look to export even more.)
Having said that, would anyone really be surprised that I was accumulating cash for over a year. In any event, I take a long-term view of markets. I don't even follow CNBC or Fox Business on a daily basis. It can be a distraction to long-term investing.
The downturn which was inevitable at this point in the cycle is an opportunity to put cash to work in the market later in the year.
Thanks for asking about my portfolio's well-being.
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