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Justin Trudeaus legacy and best selling autobiography "How to f*** up a country in nine short years " -

JohnLarue

Well-known member
Jan 19, 2005
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here are some facts from the latest budget
  • Projections from budget 2024 now show both revenues from the GST and public debt charges match each other at $54.1 billion.
  • The federal government could spend as much as $64 billion on charges for public debt by the end of the decade.
  • In future years, the government estimates GST revenues won’t cover its public debt charges. In 2028-29, the GST is projected to generate $61 billion in revenue. Meanwhile, public debt charges will reach $64 billion.
so every time you make a purchase and pay the federal GST your sales tax is not going towards building schools, hospitals, roads, our military, health care or even to the public sector unions or towards the oft quoted ''social safety net''
nope , all your federal gst taxes go just to cover the interest payments on hundreds of billions of irresponsible borrowed debt




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it took the introduction of the hated GST, ever decreasing interest rates and the sacrifices of a generation to pay down the financial mess of Trudeau Sr.
now that same evil tax barely covers the servicing costs of the financial mess of Trudeau Jr. and the rate trend has reversed

once Justin is fired by his party, takes a walk in the snow or is demolished in the next election, he will have time to have someone write his autobiography
it will be a classic
"How to f*** up a country in nine short years "
 

RZG

Well-known member
Mar 4, 2007
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He didn't fuck up the country the past 9 years. He fucked it up his first 9 months as PM
More like 6 days in when he said he wanted Canada to be the world`s first post nation state. He should have been removed and put under a prison then. Our fellow Canadians who kept voting this criminal motherfucker in are equally to blame, if they couldn`t see what was to come, they`re just as guilty. I can`t recall speaking with anyone in the last few years who isn`t pissed about the ruin of Canada.
 

Kautilya

It Doesn't Matter What You Think!
May 12, 2023
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More like 6 days in when he said he wanted Canada to be the world`s first post nation state. He should have been removed and put under a prison then. Our fellow Canadians who kept voting this criminal motherfucker in are equally to blame, if they couldn`t see what was to come, they`re just as guilty. I can`t recall speaking with anyone in the last few years who isn`t pissed about the ruin of Canada.
If PP wins next year, talk to people 3 or 4 years down the line - around 2029 or so, and they'd be just as pissed.
 

Kautilya

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That`s a given. Now let`s discuss Trudeau considering offering Halal- Sharia mortgages.
Nothing wrong with that. Halal Investing is actually an investment practice and many of those firms offering such services are valued at 100s of millions worth. Anything that gets people to participate in the market is good. It is also important to recognize and acknowledge that there are different kinds of people with different cultural values in the country. That is what pluralism is. I dont know why people have a problem with that.

 
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RZG

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Mar 4, 2007
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Nothing wrong with that. Halal Investing is actually an investment practice and many of those firms offering such services are valued at 100s of millions worth. Anything that gets people to participate in the market is good. It is also important to recognize and acknowledge that there are different kinds of people with different cultural values in the country. That is what pluralism is. I dont know why people have a problem with that.

Hey whatever,..but if people think they they`ve found honest and ethical banking they are being deceived. I did a quick read on it, there are drawbacks, the no interest seems tgtbt for a reason.
 

Kautilya

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Hey whatever,..but if people think they they`ve found honest and ethical banking they are being deceived. I did a quick read on it, there are drawbacks, the no interest seems tgtbt for a reason.
Well, as long as people who participate are okay with it and it isn't illegal....
 
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K Douglas

Half Man Half Amazing
Jan 5, 2005
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Room 112
The Trudeau Liberals inherited a small surplus when they took office in 2015. Since then they have increased the deficit as follows

2016-17 ($17.8B)
2017-18 ($19.0B)
2018-19 ($14.1B)
2019-20 ($39.4B)
2020-21 ($327.7B)
2021-22 ($90.2B)
2022-23 ($33.0B)
2023-24 ($40.1B)
Obviously 2020-21 and 2021-22 were COVID affected but if COVID had not happened they were still trending to a ballooning of the annual deficit by more than double the pre-pandemic levels. This is fiscal insanity.
 

Knuckle Ball

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Oct 15, 2017
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What’s the Fuck Trudeau crowd gonna do when Justin wins a 4th election? Move to Russia, maybe?

😂😂😂😂😂
 
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roddermac

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Sep 17, 2023
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The Trudeau Liberals inherited a small surplus when they took office in 2015. Since then they have increased the deficit as follows

2016-17 ($17.8B)
2017-18 ($19.0B)
2018-19 ($14.1B)
2019-20 ($39.4B)
2020-21 ($327.7B)
2021-22 ($90.2B)
2022-23 ($33.0B)
2023-24 ($40.1B)
Obviously 2020-21 and 2021-22 were COVID affected but if COVID had not happened they were still trending to a ballooning of the annual deficit by more than double the pre-pandemic levels. This is fiscal insanity.
 
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oil&gas

Well-known member
Apr 16, 2002
12,383
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Ghawar
What’s the Fuck Trudeau crowd gonna do when Justin wins a 4th election? Move to Russia, maybe?

😂😂😂😂😂
I'll estimate the likelihood of Trudeau winning a 4th election a tad
below that of Donald Trump winning the presidential election in
2024. If it turns out Trump wins it is not unthinkable Trudeau will
be with us till 2030. After all Canadian voters are no less idiotic
than our U.S. cousins. At least they were smart enough to vote
Trump out in 2020.


I don't worry about having to move to Russia. Truth be told it is mainly
the future of the younger folks who are screwed by Trudeau. For me I
expect my retirement years to be less affected by nation's debt burden.
 
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southpaw

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May 21, 2002
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It is also important to recognize and acknowledge that there are different kinds of people with different cultural values in the country. That is what pluralism is. I dont know why people have a problem with that.
Because it doesn't work. It didn't work in your homeland, which is why they've been pulling back from it under Modi.

And it won't work here. You come here, you live by the laws of the land. Just like in China or Saudi Arabia.
 
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Butler1000

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Oct 31, 2011
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If PP wins next year, talk to people 3 or 4 years down the line - around 2029 or so, and they'd be just as pissed.
It doesn't matter. He has to go.
 

Kautilya

It Doesn't Matter What You Think!
May 12, 2023
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Because it doesn't work. It didn't work in your homeland, which is why they've been pulling back from it under Modi.

And it won't work here. You come here, you live by the laws of the land. Just like in China or Saudi Arabia.
Pluralism is the law of the land and in fact is the default state in any country for that matter, not just Canada.
It doesn't matter. He has to go.
Ok.
 
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JohnLarue

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Jan 19, 2005
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Nothing wrong with that. Halal Investing is actually an investment practice and many of those firms offering such services are valued at 100s of millions worth. Anything that gets people to participate in the market is good. It is also important to recognize and acknowledge that there are different kinds of people with different cultural values in the country. That is what pluralism is. I dont know why people have a problem with that.

Halal mortgages are structured differently to avoid the appearance of interest being applied on an outstanding principle
instead the loan profit is applied up front and added to the home purchase price, less the initial down payment and all subsequent mortgage payments are subtracted from the outstanding balance

if applied at the same interest rate the total mortgage cost is the same as a conventional mortgage.

its kind of a silly game to avoid the appearance of interest being applied, when loan profit = loan interest

However, if the lender is willing to structure a loan as a Halal mortgage, they are meeting a demand in the market place & that's just fee enterprise at work.
 
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Kautilya

It Doesn't Matter What You Think!
May 12, 2023
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However, if the lender is willing to structure a loan as a Halal mortgage, they are meeting a demand in the market place & that's just fee enterprise at work.
Yup, as long as it is legal and everyone involved is getting what they want, I dont see why not.
 

JohnLarue

Well-known member
Jan 19, 2005
16,459
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If PP wins next year, talk to people 3 or 4 years down the line - around 2029 or so, and they'd be just as pissed.

not likely
PP will not deliberately try to shut down the resource sector
PP will not deliberately sow east west division
PP will not deliberately make lifeless affordable

Trudeau has made such a mess , the liberal party will need to rebuild from scratch & that should take longer than 4-5 years

The biggest risk for PP is getting blamed for the structural problems Trudeau has cause that will likely remain intact long after the moron has left office
ie the unsustainable population growth and housing crisis that unsustainable population growth has caused
and of course the massive debt and structural spending deficits the moron racked up
 
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