All things Trudeau

Re: All things Trudeau

Postby The Green Barbarian » Jan 8th, 2019, 8:42 am

floppi wrote:
That's the way I see it...an user pay pollution tax :biggrin:


Trudeau and Horgan would be broke in a few weeks....
Justin Trudeau is a peanut-chucking snollygoster snowflake. But he has nice dimples. Remember, the hypocrisy of the Left knows no bounds.

2 people like this post.
User avatar
The Green Barbarian
Admiral HMS Castanet
 
Posts: 31507
Likes: 14686 posts
Liked in: 20348 posts
Joined: Sep 16th, 2010, 9:13 am

Re: All things Trudeau

Postby The Green Barbarian » Jan 8th, 2019, 8:45 am

Ka-El wrote:Thank you Trudeau. Turned things around nicely :smt045


um yes. this is under trudeau. not harper. i remember recession and austerity under harper. closed down government services for veterans. you need to up your game - now its just fantasies.


So just so you know, I find these comments hilarious, mostly because the same people praising Trudeau and claiming it had nothing to do with Harper are slamming Trump and saying that Obama is the reason the US economy is doing well. The hypocrisy being demonstrated here by the Leftist types here is just off the charts. So NOTHING Harper did has lead to where we are today, and NOTHING Trump has done has lead to the US economy being where it is. That's just amazing. And total horse :cuss: .
Last edited by ferri on Jan 8th, 2019, 9:23 am, edited 1 time in total.
Reason: Baiting
Justin Trudeau is a peanut-chucking snollygoster snowflake. But he has nice dimples. Remember, the hypocrisy of the Left knows no bounds.

3 people like this post.
User avatar
The Green Barbarian
Admiral HMS Castanet
 
Posts: 31507
Likes: 14686 posts
Liked in: 20348 posts
Joined: Sep 16th, 2010, 9:13 am

Re: All things Trudeau

Postby Pete Podoski » Jan 8th, 2019, 9:24 am

No more sunny ways. Things are going to hell in a handbasket at an alarming rate. Thanks for that, Trudeau.


Trade deficit doubles

The Canadian Press - Jan 8, 2019 / 7:48 am | Story: 246214


Canada's merchandise trade deficit more than doubled in November as exports fell led by a drop in crude oil prices.

Statistics Canada said Tuesday that the country's trade deficit increased to $2.1 billion in November compared with $851 million in October.

Economists had expected a deficit of $1.95 billion, according to Thomson Reuters Eikon.

"As expected, weaker domestic energy prices, culminating in production cuts, helped drive down crude oil exports in November," TD Bank senior economist Fotios Raptis wrote in a report.

Total exports fell 2.9 per cent to $48.3 billion in November, the fourth consecutive monthly decline, as exports were down in eight of 11 sections.

Exports of energy products fell 9.2 per cent to $8.4 billion in November as crude oil exports fell 17.7 per cent due to a drop in prices. Excluding energy products, exports fell 1.4 per cent.

Meanwhile, total imports fell 0.5 per cent to $50.4 billion in November as imports dropped in seven of 11 product sections.

Imports of motor vehicles and parts fell 2.8 per cent to $8.9 billion, while imports of metal ores and non-metallic minerals fell 18.6 per cent to $1.1 billion.

Stephen Brown, senior Canada economist at Capital Economics, noted that non-energy export volumes fared poorly.

Export volumes dropped 1.8 per cent in November while import volumes fell 0.3 per cent.

"As things stand, net trade is on track to have made a neutral contribution to GDP growth in the final quarter," Brown wrote in a report.

{Snip}

The trade data came ahead of the Bank of Canada's interest rate announcement on Wednesday.

The central bank is expected to keep its key interest rate on hold when it releases its decision and updates its outlook for the economy in its monetary policy report.

https://www.castanet.net/news/Business/ ... it-doubles
#LetHerSpeak

2 people like this post.
User avatar
Pete Podoski
Board Meister
 
Posts: 623
Likes: 1457 posts
Liked in: 1460 posts
Joined: Jul 16th, 2018, 9:13 am

Re: All things Trudeau

Postby Ka-El » Jan 8th, 2019, 9:38 am

The Green Barbarian wrote: … the same people praising Trudeau and claiming it had nothing to do with Harper are slamming Trump and saying that Obama is the reason the US economy is doing well.

It really isn’t that difficult to understand. Our economy turned around after Trudeau was elected (mind you, there were some fundamentals already in place that were put there by the previous Liberal government). Conversely, the American economy was already humming along under Obama before Trump came along – and although his reckless tax cuts gave the already growing stock market a boost, that impact will be relatively short-lived as the impacts of the rest of his imbecilic policies take effect. Trump may be remembered as the first politician to single-handedly instigate a global recession.
“It is not the strongest of the species that survives, nor the most intelligent; it is the one most adaptable to change.” — Charles Darwin
User avatar
Ka-El
Guru
 
Posts: 6791
Likes: 3724 posts
Liked in: 6055 posts
Joined: Oct 18th, 2015, 9:19 am

Re: All things Trudeau

Postby floppi » Jan 8th, 2019, 10:30 am

Most of the trade deficit was due to the energy sector. If one can't get your product out and is just sitting there or have to sell at a discount....trade deficit is the end result. Who was it again that screwed around with CEB and due process so that the courts had no choice in suashing the TCP? I'll give you a hint........it wasn't JT. :D
floppi
Grand Pooh-bah
 
Posts: 2112
Likes: 3 posts
Liked in: 813 posts
Joined: Oct 20th, 2007, 12:46 pm

Re: All things Trudeau

Postby Pete Podoski » Jan 8th, 2019, 10:34 am

floppi wrote:Most of the trade deficit was due to the energy sector.


You're wrong. Exports fell in 73% of our 11 trade sectors, of which energy is only one sector.

From the article: Total exports fell 2.9 per cent to $48.3 billion in November, the fourth consecutive monthly decline, as exports were down in eight of 11 sections.
#LetHerSpeak

2 people like this post.
User avatar
Pete Podoski
Board Meister
 
Posts: 623
Likes: 1457 posts
Liked in: 1460 posts
Joined: Jul 16th, 2018, 9:13 am

Re: All things Trudeau

Postby The Green Barbarian » Jan 8th, 2019, 10:38 am

Ka-El wrote:It really isn’t that difficult to understand. Our economy turned around after Trudeau was elected (mind you, there were some fundamentals already in place that were put there by the previous Liberal government). .


Such a crock of partisan bull :cuss: . My goodness what complete nonsense.
Justin Trudeau is a peanut-chucking snollygoster snowflake. But he has nice dimples. Remember, the hypocrisy of the Left knows no bounds.

2 people like this post.
User avatar
The Green Barbarian
Admiral HMS Castanet
 
Posts: 31507
Likes: 14686 posts
Liked in: 20348 posts
Joined: Sep 16th, 2010, 9:13 am

Re: All things Trudeau

Postby The Green Barbarian » Jan 8th, 2019, 10:39 am

floppi wrote:Most of the trade deficit was due to the energy sector. If one can't get your product out and is just sitting there or have to sell at a discount....trade deficit is the end result. Who was it again that screwed around with CEB and due process so that the courts had no choice in suashing the TCP? I'll give you a hint........it wasn't JT. :D


And who still hasn't got the TMX off the ground but now is hitting us with a stupid carbon tax anyway? It was...JT.
Justin Trudeau is a peanut-chucking snollygoster snowflake. But he has nice dimples. Remember, the hypocrisy of the Left knows no bounds.

3 people like this post.
User avatar
The Green Barbarian
Admiral HMS Castanet
 
Posts: 31507
Likes: 14686 posts
Liked in: 20348 posts
Joined: Sep 16th, 2010, 9:13 am

Re: All things Trudeau

Postby burnedatstake » Jan 8th, 2019, 10:48 am

floppi wrote:Most of the trade deficit was due to the energy sector. If one can't get your product out and is just sitting there or have to sell at a discount....trade deficit is the end result. Who was it again that screwed around with CEB and due process so that the courts had no choice in suashing the TCP? I'll give you a hint........it wasn't JT. :D


has the energy sector never heard of supply and demand? it is a fundamental tenet of western capitalism. no one owes energy pipelines to tidewater. and our country shouldnt owe private enterprises infrastructure. yet people talk like we do.
the capitalist idea of liberty is that one persons right to profit can be greater than another persons right to live.
burnedatstake
Übergod
 
Posts: 1786
Likes: 719 posts
Liked in: 447 posts
Joined: Apr 14th, 2011, 2:38 pm

Re: All things Trudeau

Postby burnedatstake » Jan 8th, 2019, 10:51 am

Pete Podoski wrote:Exports fell in 73% of our 11 trade sectors, of which energy is only one sector.

From the article: Total exports fell 2.9 per cent to $48.3 billion in November, the fourth consecutive monthly decline, as exports were down in eight of 11 sections.


fell as in "sky is falling" fell? or fell as in shareholders didnt meet general meeting number fantasies? society, government and consumers dont owe big business profits. they have to make those themselves.
the capitalist idea of liberty is that one persons right to profit can be greater than another persons right to live.
burnedatstake
Übergod
 
Posts: 1786
Likes: 719 posts
Liked in: 447 posts
Joined: Apr 14th, 2011, 2:38 pm

Re: All things Trudeau

Postby floppi » Jan 8th, 2019, 11:21 am

Pete Podoski wrote:
floppi wrote:Most of the trade deficit was due to the energy sector.


You're wrong. Exports fell in 73% of our 11 trade sectors, of which energy is only one sector.

From the article: Total exports fell 2.9 per cent to $48.3 billion in November, the fourth consecutive monthly decline, as exports were down in eight of 11 sections.


Sure there were drops in exports in many sectors but it's energy that makes or breaks our economy...just ask Alberta. Energy accounted for 1.5% ( ~850 million $) so basically just over half of the total export shortage in Nov.

Canada's merchandise trade deficit more than doubled in November as exports fell led by a drop in crude oil prices...
Statistics Canada said Tuesday that the country's trade deficit increased to $2.1 billion in November compared with $851 million in October.....Exports of energy products fell 9.2 per cent to $8.4 billion in November as crude oil exports fell 17.7 per cent due to a drop in prices. Excluding energy products, exports fell 1.4 per cent.


https://www.capebretonpost.com/business ... er-273931/
floppi
Grand Pooh-bah
 
Posts: 2112
Likes: 3 posts
Liked in: 813 posts
Joined: Oct 20th, 2007, 12:46 pm

Re: All things Trudeau

Postby hobbyguy » Jan 8th, 2019, 12:09 pm

Balance of trade is difficult one to assess and assign a lot of blame anywhere. Much of it depends on external factors that no Canadian government can control in the short term, and only has an influence and not control in the medium and long terms.

That makes the CONservative attacks over balance of trade nothing more than empty "Harper nasty" attacks on JT and the Liberals.

https://tradingeconomics.com/canada/balance-of-trade

You will notice that our balance of trade figures plunged in 2008 and never recovered. The November numbers are not far off he average.

I believe that both Harper and Trudeau realize that Canadian trade had become complacent and far too US centered. Harper initiated CETA and the Liberals completed it and added CPTPP as major efforts to diversify our trade. Unfortunately Harper's overall "oilsands or bust" strategy has turned to bust, and we can not just throw a switch to something else. That said, our economy is more diverse now, as the current government has been working at that goal, which makes it a bit more resilient. In Harper's defense, nobody could have predicted the impact of tight oil fracking on the WTI oil supply. But that does point out that economic diversity is critical, because the only constant is change.

We are probably 6-10years away from seeing significant benefits from CETA and CPTPP.

We are feeling some negatives from that over dependence on the US for trade at the moment. T.Rump's nonsense Steel and Aluminum tariffs, and no hope of resolving the Softwood lumber situation with T.Rump and the kleptocrats in the white house. Our exports to China are feeling the effects as T.Rump has a bit of a trade war in progress with China, and anyone else that pops into his pea brain. That is an external factor that no stripe of Canadian government has any control over.

So as I started out saying, this is just another CONservative "Harper nasty" attack on JT and the Liberals that has no factual basis. I guess that's all the CONservative partisans have - disingenuous bogus "Harper nasty". Won't get them very far, except in Alberta - which is not critical to Liberal fortunes. Be happy though CONservatives - 4 more years as official opposition ain't a bad consolation prize for Scheer, he can collect his $247,500 salary and build up his gold plated pension while actually doing diddly except read polls and flip flop.
Anyone but Scheer - career pols are know nothings.
hobbyguy
Guru
 
Posts: 9664
Likes: 2668 posts
Liked in: 10433 posts
Joined: Jan 20th, 2011, 9:10 pm

Re: All things Trudeau

Postby hobbyguy » Jan 8th, 2019, 12:41 pm

I would comment that the carbon tax debate has me falling on the side of no carbon tax.

Regardless of where you stand on climate change, this article lays out the basic problem: https://www.thestar.com/opinion/contributors/2018/05/29/a-carbon-tax-does-not-curb-emissions-and-help-battle-climate-change.html

Our current BC NDP debacle of a "government" has validated one of the key arguments, which is that carbon taxes just become another tax grab. We had a revenue neutral carbon tax - which is reasonably economically efficient - but the BC NDP chose to abandon the revenue neutrality.

"When first proposed, a carbon tax had the potential to be an effective way of achieving the long-term goal of reducing greenhouse gas emissions.

However, its introduction and the ongoing campaign conducted by advocates have become so politicized and corrupted by ideology that it is no longer politically tenable, while rising oil prices reduce its economic necessity."

SNIP

"Why are conservatives increasingly united in opposing a carbon tax? Partly because their long-standing suspicions that the carbon tax would become another government tax grab were confirmed.

Almost all provincial governments used carbon tax revenues to increase government spending rather than cutting income taxes.

Carbon tax proponents needed to vociferously condemn governments not lowering other taxes as an existential threat to the whole carbon tax agenda."

So while the initial intent is valid, and I supported Gordon Campbell's revenue neutral carbon tax, I can not support the current context. The BC NDP have managed to completely undermine the entire carbon tax validity.

We will, as Canadians, have to get going on other plans promptly. The "carbon tax battle" has become a pointless distraction.

Mass transit, Uber, Lyft et al, higher efficiency standards for industry and consumers, switching from coal to safe nuclear, a proper electrified passenger rail system - all of those types of things will do more and be beneficial to the average citizen as well.

Like it or not folks, we need oil exports to pay for those things. The TMX then becomes critical to make real progress on the issue of air pollution in Canada.
Anyone but Scheer - career pols are know nothings.

The Green Barbarian likes this post.
hobbyguy
Guru
 
Posts: 9664
Likes: 2668 posts
Liked in: 10433 posts
Joined: Jan 20th, 2011, 9:10 pm

Re: All things Trudeau

Postby Pete Podoski » Jan 8th, 2019, 2:24 pm

The recent poll results have Justin really, really worried that he's going to lose his job in October 2019.

He's been spotted auditioning for a singing career in Afghanistan. At least it really looks like Justin, unless Castro visited the Middle East back in the 1970's.

Wonder if he will re-use some of the clothes from his India trip, or is there a cultural taboo between the countries on dress style?




http://dailyhive.com/montreal/justin-tr ... alike-2019
#LetHerSpeak

3 people like this post.
User avatar
Pete Podoski
Board Meister
 
Posts: 623
Likes: 1457 posts
Liked in: 1460 posts
Joined: Jul 16th, 2018, 9:13 am

Re: All things Trudeau

Postby The Green Barbarian » Jan 8th, 2019, 2:27 pm

Pete Podoski wrote:The recent poll results have Justin really, really worried that he's going to lose his job in October 2019.

He's been spotted auditioning for a singing career in Afghanistan. At least it really looks like Justin, unless Castro visited the Middle East back in the 1970's.

Wonder if he will re-use some of the clothes from his India trip, or is there a cultural taboo between the countries on dress style?


Yikes! That's just creepy! Justin has a half-brother that he didn't even know about? Was Pierre ever in Kabul?
Justin Trudeau is a peanut-chucking snollygoster snowflake. But he has nice dimples. Remember, the hypocrisy of the Left knows no bounds.

2 people like this post.
User avatar
The Green Barbarian
Admiral HMS Castanet
 
Posts: 31507
Likes: 14686 posts
Liked in: 20348 posts
Joined: Sep 16th, 2010, 9:13 am

PreviousNext

Return to Canada

Who is online

Users browsing this forum: CommonCrawl [Bot] and 2 guests