To say this is fairness for all generations when you're adding this much to the debt?: C.D. Howe CEO
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- เผยแพร่เมื่อ 16 เม.ย. 2024
- Bill Robson, CEO, C.D. Howe Institute, joins BNN Bloomberg and talks about the federal government is looking at Capital gains tax, digital services tax and global minimum tax to do a lot of the heavy lifting for government spending.
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It's fairness for all generations because we're all going to be equally screwed!
boomers are still doing much much better than younger generations. Good on housing, but younger generations will have to pay later
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I checked Melissa up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
Trudeau is done. He's gotten too many chances and he's failed. Next please.
Which was the last PM That succeeded....put a dog with a top hat in charge and you will get the same result.
“and the budget will balance itself”. 2015. because it is 2024 and now the generations will try to sadle on their backs the burden of balancing the debt!!!
Tax tax tax that’s all Trudeau does.
This is one of the dumbest budgets ever. When a government uses a budget as a political tool, the citizens lose
Why does the government have to spend so much money to sell vacant surplus land ? 100 million dollars just to get rid of it ! You would think they would make money by selling land ! This government never ceases to surprise me.
A good time to learn about Argentina's financial history. Not that we're going to be financially better off from the knowledge, but to learn our inevitable future pain.
Si. Trudeau & Freeland - Afuera !
i wonder how much our PM will be paying in taxes.....bare minimum or zero...?
We all know it's 0, and his party too.
@@shakyjake2133it’s negative. He gets free vacations and free vacation homes.
@@shakyjake2133free security and free private flights
If they cant stop spending more, time to remove their ability to spend AT ALL!
Disaster. 😮 Trudeau must go!!!
What is the global tax ?
FJT, must go
Money means everything to those with little of it but means nothing to those with an excess of it…. and a lack of understanding of how this whole crazy new-age idea of this “money thing” works.
It must be when you put the squeeze on something, and ‘money’ oozes out.
I started out with nothing and I still have some left.
I vote NDP and I believe there needs to be a serious, national discussion about balancing budgets. This means serious discussions about taxation. Affordability and climate change, some appreciation for questions around immigration: these are the issues. My favorite NDP leader was Mulcair. He also believed in balancing budgets. Lol, look where that got him, and us.
Capital gains taxes needed to be lowered, not raised. We need more ordinary Canadians to be able to buy raw land. Or would you prefer the People's Republic of China to do this for us?
I don't see any way to avoid raising taxes through increasing the GST to, let's say, a nice round 10%. Similar to Europe, use value-added taxes for revenue, not primarily income taxes or capital gains taxes.
We can have both: incentives for growth and building, and more revenues for affordability and the future. Just as we can combine socialism and capitalism. Others do this, we have done this, it is proven. P.S.: I love investing in the markets, love contributing to building businesses. We can have both, be both.
Reality is that only party in modern history that has proven to be capable of being responsible is the conservatives. Harper shrank the size of government from over 20% of the economy to less than 15%. Trudeau has it back to about 20% of GDP...NDP have only ever proven themselves to be economically illiterate spenders.
Not with the bloated bureaucracy socialism promotes. No. Stop voting for champagne Socialists. You are part of the problem.
Debt is irrelevant.
It isn't irrelevant when the interest costs more than healthcare.
@@Nothern_King the conservatives shouldve done a better job with debt servicing when they were in office then
I'm burning tires and plastic. I use the maximum amount of plastic possible. I triple plastic bag my groceries and use the maximum amount.
Not a lot of inflation was due to govt spending. Mostly income support during covid.
But glenn, interest rates are at an all time low.
J. Trudeau.
CEOs are really trying hard to convince you they're not the reason why the economy is fucked😂😂😂 maybe the CEO of Loblaws will start yapping about how food prices need to increase another 50% even when inflation is at an all time low
Easy fix: Add more competition! Instead of protecting these mega corps (groceries, airlines, telecoms...) through protective regulations, ensure foreign companies invest in Canada
CEOs aren't taking 60% of middle-class earnings, taxes are.
@@Matt-YT Nobody will invest with this current budget. We're disinsentavising it entirely with this. I see companies leaving.
Drummer teacher and news reporter and the ndp indian are destroying this beautiful country.
it`s better late than never? It`s to late ,people`s lifes have been ruined and will never recover from this corrupt government and you say better late than never ,just unreal !
The Liberals are masters at obfuscation!