Economy
Just 17 percent of Canadians support the Liberal government’s recently tabled federal budget, according to a new poll, compared to 40 percent who are opposed to it and 43 percent who are neutral.
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Read MoreOver 1,000 CEOs and Canadian tech business leaders have signed an open letter to Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland calling for a halt to the capital gains tax hike.
The letter, organized by the Canadian Council of Innovators (CCI), says the tax hike is going to hinder investment in the country.
“You cannot tax your way to prosperity. But in the 2024 federal budget, we see a government trying to hike taxes on investment,” the letter said. “Anybody with experience in entrepreneurship and investment can see how this will stifle growth.”
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Read MoreOne major oil-exporting Middle Eastern country may already be feeling the pressure from Canada’s Trans Mountain Expansion as the pipeline nears completion.
In an interview with Bloomberg News, Rystad Energy analyst Susan Bell said that the heavy crude produced by Alberta has a very similar profile to Iraq’s Bashar Heavy crude.
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Read MoreEven before the Liberal government introduced its fertilizer emission reduction target, Canadian grain farmers were leading the way in reducing agricultural emissions.
According to the Grain Growers of Canada, between 1997 and 2017, grain farmers surpassed the entire economy in reducing emission intensity. Emission intensity measures a farmer’s emission output relative to the production of a single bushel.
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Read MoreIt is painful and even frightening to watch America’s decline, to see its power and prestige wither away and the world become a more dangerous place. With Canada’s military disintegrating and our current government neglecting national defence, it’s logical to wonder and worry about which country might step up to become the next global superpower.
Those on the left may see America’s decline as its rightful comeuppance – the price it is finally paying for its imperialism, greed, and economic and military bullying. But those who understand the good it has done realize t
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Read MoreLast year, Calgary city council got itself into hot water with Calgarians by banning the traditional Canada Day fireworks display.
This week, council will be in the middle of a fireworks display ignited by Calgarians who are concerned about the city’s proposal to introduce new zoning rules that will eliminate areas that are zoned for only single-family homes and open them up for the construction of row houses and multi-plex homes.
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Read MoreLink to Nature article:
Multilateral benefit-sharing from digital sequence information will support both science and biodiversity conservation
Part of the Technocratic Globalist Transhumanist Agenda is to digitize all life on earth. This genetic sequencing project is part of the Sustainable Development Agenda 2030 abomination by the United Nations, World Economic Forum that serves the corporate biotechnology and Big Pharma interests – of course promoted by the academic sector that is funded by the corporations who then profit by the science.
This is the website:
Digital sequence information on genetic resources
The point of such an open digital gene sequence library is the easy access of biotechnology technocrats and synthetic biology sectors to monitor and control all resources on earth and modify them. Its free because it cannot be patented, but as soon as they modify it, they can patent the sequence and profit mightily.
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Read MoreThis presentation was inspired by a recent substack article from Dr. Jessica Rose entitled “36 million dollars set aside for vaccine injuries for the next 2 years in Canada” (see link: https://jessicar.substack.com/p/36-million-dollars-set-aside-for ). From the article : “In addition to the vaccine injuries allocation of Canadian taxpayer dollars, the first thing I noticed is in the ‘Housing Accelerator Agreements’ section on page 46, Table 1.1. I am not sure why these particular numbers caught my eye, but look at the difference in allocation between Ottawa, ON and Victoria, BC. If you break these numbers down by home, each home gets ~5,407.98$ in Ottawa, but only $2,060.77 in Victoria. I guess the building materials in Ottawa are more expensive, eh? You’ll also notice that ‘the Province of Quebec’ gets $900 million bucks with no house number allocated.”
The Canada Fairness for Every Generation Budget 2024 link is here : https://www.budget.canada.ca/2024/home-accueil-en.html#pdf . As per the Budget 2024 on page 45: In March 2023, the government launched the $4 billion Housing Accelerator Fund to work with municipalities to cut red tape and fast-track the creation of at least 100,000 new homes across Canada. Through 179 agreements signed to date, the government has committed nearly $4 billion to spur the construction of 750,000 new homes across the country over the next decade. Budget 2024 proposes to provide an additional $400 million over four years, starting in 2024-25, to the Canada Housing and Mortgage Corporation, to top up the Housing Accelerator Fund. This will help fast track 12,000 new homes in the next three years.
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Read MoreOver 1,000 CEOs and Canadian tech business leaders have signed an open letter to Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland calling for a halt to the capital gains tax hike.
The letter, organized by the Canadian Council of Innovators (CCI), says the tax hike is going to hinder investment in the country.
“You cannot tax your way to prosperity. But in the 2024 federal budget, we see a government trying to hike taxes on investment,” the letter said. “Anybody with experience in entrepreneurship and investment can see how this will stifle growth.”
Ms. Freeland has proposed to increase the amount paid on capital gains, which is defined as “an increase in the value of an investment (such as stocks or shares in a mutual fund) or in the value of an asset (a real estate holding, for example) from the original purchase price,” according to Wealthsimple.
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Read More“We invest our time, our ingenuity, and our money. We are betting on Canadians, and we are betting that with hard work and tenacity, we can make the country better,” Canadian business leaders wrote in their letter.
“You cannot tax your way to prosperity. But in the 2024 federal budget, we see a government trying to hike taxes on investment. Anybody with experience in entrepreneurship and investment can see how this will stifle growth.”
The tax hike in question is one Trudeau and the Liberals announced in Budget 2024, in which they promised to raise the capital gains tax inclusion on all capital gains above $250,000 from 50% to 66%, making it one of the top ten highest rates on the planet.
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