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Canada-US Trade Relations

PuckChaser said:

Obama was also dealing with almost a 10% unemployment rate because of the recession.  The US has a 3.9% unemployment rate.  If people don't approve of you with those numbers you're doing something wrong. 
 
IF the base turns out to vote they may not lose many seats. In his rally last night in Indiana he pained the mid term election as vital to avoid Democrats and their impeachment agenda. Of course leaders face trials like Trudeau according to Bloomberg. I don't know how accurate it is ? I am ready to be educated. 8)

https://www.bloombergquint.com/business/2018/08/31/nafta-crunch-caps-a-horrible-no-good-very-bad-week-for-trudeau#gs.PTRebfs
 
TheHead said:
Obama was also dealing with almost a 10% unemployment rate because of the recession.  The US has a 3.9% unemployment rate.  If people don't approve of you with those numbers you're doing something wrong.

Oh, I forgot people only disliked Obama because there was a recession.  :facepalm:
 
PuckChaser said:
Oh, I forgot people only disliked Obama because there was a recession.  :facepalm:

I thought it was because he once wore a tan suit.

And another time put Dijon mustard on a hotdog. 

That's a Double face-palm.  :)
 
tomahawk6 said:
IF the base turns out to vote they may not lose many seats. In his rally last night in Indiana he pained the mid term election as vital to avoid Democrats and their impeachment agenda. Of course leaders face trials like Trudeau according to Bloomberg. I don't know how accurate it is ? I am ready to be educated. 8)

https://www.bloombergquint.com/business/2018/08/31/nafta-crunch-caps-a-horrible-no-good-very-bad-week-for-trudeau#gs.PTRebfs

The assessment is pretty spot on.  It has been a bad week for Trudeau.  He has a mess with the pipeline and everyone’s is abandoning the national climate plan.  But he has a few things going for him that Trump does not.  The media is friendly-ish with him. The opposition is divided and barely competent.  The economy is doing well for now and with Trump’s off the record comment, Trudeau’s government so far come off as the honest player in the NAFTA talks, at least to Canadians so that plays well here and shows he isn’t willing to cave.
 
whiskey601 said:
BloomBerg must be going ballistic with TorStar,  how can anyone trust a journalist to keep things off the record anymore? :rofl:  T

For some reason, Trump seems to think you can. Quote from Trump's twitter, " Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED. Oh well, just more dishonest reporting. I am used to it. At least Canada knows where I stand!".
 
Arguing about which poll is right. Or whose numbers are up or down as determined by someone asking specified people to agree with what he's invented.  :rofl: 
 
Ashkan08 said:
For some reason, Trump seems to think you can. Quote from Trump's twitter, " Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED. Oh well, just more dishonest reporting. I am used to it. At least Canada knows where I stand!".

Or, Trump knew and expected it to be leaked, given what we know of Trump’s trust and opinions of the MSM. Before anyone says “Nah, he’s just dumb.”, everything Trump has accomplished and has become are not the results of being dumb.  He’s a billionaire and the current elected president of the most powerful country in the history of human civilization. 
 
Rex Murphy: How much more can Canadians ask Alberta to take? – National Post  31 Aug 18
Those who think that 'environmental review' is about reviewing the environment have lost the plot

If cars and trains and planes could run on green sanctimony, in the age of Justin Trudeau, Canada would be Kuwait. But of course they don’t. And in Save the Auto Pact week, which is how I would characterize Chrystia Freeland’s frantic return from Europe and Ukraine to Washington, to answer Mr. Trump’s summons and catch up with her Mexican “partners,” who would have guessed that a federal court would shoot a thunderbolt at the industry that allows all those cars to do what cars do in the first place?

Poor battered Fort McMurray — what’s left for them after fire, flood, world prices and a court’s curt quash? A plague of frogs and locusts and perhaps an eclipse of the sun, just for variety.

This careless government has careened from one bungle and self-manufactured crisis to another. From India, to Saudi Arabia, to Washington this week, it’s either catch-up, incompetence or peacock risibility. And as Ms. Freeland and her team pulled sophomore “all-nighters” to save free trade and appease the angry god in the White House, dear Alberta learned there was no way they will be able to trade their oil whatever way NAFTA goes.

For the pipeline, the pipeline we had to buy because Canadians didn’t support it correctly in the first place, is now on hold, which is Liberalese for “you will not see this in your lifetime.” Finance Minister Bill Morneau extended the novel explanation that the decision was a good thing, which raised questions on just which asteroid he was reporting from. Catherine McKenna, minister of climate change, still on the straw crusade, had less or nothing to say, apart from a dart at Doug Ford — which is her latest Twitter hobby — even as a much disappointed Rachel Notley (finally) in principle abandoned co-operation with federal carbon plans.

Ms. Freeland may or may not save the Canadian bacon in Washington — it’s unclear as I write. But the mess that has fallen on Canadian politics, and provincial relations, emphatically those with Alberta, though other provinces are closely involved, as a result of the guillotining of the Trans Mountain pipeline, will not swiftly or easily be repaired. It is a massive fail. The strains and contests it will inspire within this happy Confederation will be compelling as any distempers with deal-maker Trump.

How was it then, that Alberta got shafted once again? And how many of the “slings and arrows of outrageous” greenism can or will Alberta take?

To begin at the beginning, you cannot placate the implacable. The dynamic between those who want an oil and gas industry, and the groups ideologically possessed to oppose one, is that the latter have one position and one position only: to end oil and gas in Canada. Whenever greens or their myriad fronts offer a mid-point position, a compromise, it is merely mouth-work, a moving of the lips for tactical reasons or spurious manoeuvre.

Those who harbour (or once did — Rachel Notley) the idea that there is a middle ground with green and global warming totalism, their dead-ender commitment to world-scale, Paris-stamped, UN-mustered global greenism — have simply not been watching or listening. Green environmentalism is fundamentalist. The government in Ottawa, both by disposition and ideologically, is far more to the green side of the world than it is or ever will be to its own and Alberta’s oil and gas industry. Paris before Calgary, “as it was in the beginning, is now, and ever shall be.”

From the first day in office, to the present minute, when has there been just one full speech in any national or international forum when Mr. Trudeau, with that great dramatic gravity of his, made the real case for Canada’s oil and gas? Where have been the delegations led by him to showcase the Fort McMurray oil sands, to highlight the advanced technology, praise the engineering, sit down with the workers, meet the municipal leaders? In all the causes he really supports, he leads the parade and adds the precious glitter of his presence.

The consequence of all this nothing — nothing is a force — is that the demonstrations and protests and international gang-ups on Fort McMurray and the oilsands have been unanswered. That an atmosphere has been produced in which the case for Alberta has to be made, every time afresh, and from an established negative baseline. The “antis” have had the stage unopposed, indeed given tacit sanction, the negatives allowed to snowball. Indigenous opposition blares in every press report. Indigenous support an afterthought and a whisper.

These are the atmospherics in which decisions are made: a structured and long-nourished hostility toward the idea of oil and gas energy; an unexamined moral supremacy afforded opposition to energy projects; an eagerness to display concert with those “fighting” for Nature and all her handiworks; an embedded predisposing to overlook the “mundane” concern for jobs and those who haven’t got them; a total indisposition to inquire into either the funding or motivation of organizations whose raison d’etre is protest and obstruction coupled with an overwhelming disposition to see only greed and rapacity on the industry side. This in the mindset, the mentality, in which current progressive thought is fixed, and it is in the ascendant. It is, most fatally, the mindset of the Trudeau government, whose concern for its environmentalist credentials and its thirst for the admiration of global progressive voices is its deepest political emotion.

What chance has a hinterland town like Fort McMurray against this array? Those who think that “environmental review” is about reviewing the environment have lost the plot. In our new green world the purpose of environmental review is to extend the time and space for opposition to invent new objections, and invite fresh protests. The process, as it is lovingly called, is always more important than the project. The thing reviewed is always less significant than the review itself.

The infatuation with process and the counterfeit search for social licence — the theatre of moralist environmentalism — will always trump the plain common sense of the demands of a purposeful national economy. It will always give glancing afterthought to the common experience of people working or looking to do so, to projects that vitalize communities, and keep alive the spirit of individual and collective enterprise that has always attended “doing an honest day’s work for an honest dollar.”

Thus this week’s court decision was neither singular nor defining. It was just one more stammer in a long pattern of stammering, the latest rock on the road, one fortified by the mentality that governs the long-prevalent bias against this one industry, the dismissal of “Albertan” concerns as always secondary to more “principled” ones, and just another thread in an extremely well-woven tapestry.

Underwriting this suffocating octopus of intervention and delay is the famous axiom uttered by a yet-to-be prime minister: “Governments can grant permits; only communities can grant permission.” That line, like so many other of his mini-thoughts on complex issues, has brought a harvest of faction, and offers a straight line to the latest bad news for Alberta this week.
 
Trump tells Congress not to get involved with the Canada-U.S trade negotiations. Seems like he's realised that most people want Canada in this deal and doesn't want them to say it/do something about it.

https://vancouversun.com/news/canada/trump-warns-congress-not-to-interfere-with-nafta-negotiations/wcm/e725fb85-fb5c-46a4-b084-a371882c3ac6

I don't think he understands that congress can refuse to accept an agreement without Canada.
 
Rifleman62 said:
Rex Murphy: How much more can Canadians ask Alberta to take? – National Post  31 Aug 18
Those who think that 'environmental review' is about reviewing the environment have lost the plot

We could ask them to introduce a Provincial Sales Tax, like the rest of the grown ups, and stop relying on 'pay day loans' from the oil industry to get by all the time, you know, like other pampered, oil rich, 'at least 20 cents a litre less than the neighbours' oligarchies :)

 
daftandbarmy said:
We could ask them to introduce a Provincial Sales Tax, like the rest of the grown ups, and stop relying on 'pay day loans' from the oil industry to get by all the time, you know, like other pampered, oil rich, 'at least 20 cents a litre less than the neighbours' oligarchies :)

IIRC the NDP introduced a provincial sales tax just after coming to power.
 
daftandbarmy said:
We could ask them to introduce a Provincial Sales Tax, like the rest of the grown ups, and stop relying on 'pay day loans' from the oil industry to get by all the time, you know, like other pampered, oil rich, 'at least 20 cents a litre less than the neighbours' oligarchies :)

This is a joke right? Even with Alberta's recent overspending for 3 years or so, after falling upon on hard economic times, all the "grown ups" are swimming in far more debt than Alberta due to their decades of overspending... despite Alberta making mandatory donations to them. The last place Alberta should be looking for advice from on how to manage it's finances is any one of the governments in this country, some of whom have done everything the can to stop Alberta's interests regardless of the fact that they would also benefit from it.

The smug love of seeing Alberta have a hard day or two from the rest of Canada is doing a great deal to further the sentiment in Alberta than the rest of Canada can get bent.
 
If taxes were the answer, Quebec would be booming and paying the rest of the provinces equalization with their 50% income tax rates. Instead, they have those huge income taxes, a PST, and are the biggest drain on equalization.
 
50% briefs well, but doesn't withstand 2 minutes of google....

From the Revenu Quebec website:

https://www.revenuquebec.ca/en/citizens/your-situation/new-residents/the-quebec-taxation-system/income-tax-rates/

INCOME TAX RATES
Tax break
For the 2017 taxation year onward, the income tax rate for individuals has been dropped from 16% to 15% for the first bracket of taxable income. You will be taxed at this new lower rate when you file your income tax return for 2017.

Income tax rates for 2017
The income tax rates for the 2017 taxation year, determined on the basis of your taxable income, are as follows:

Taxable income Rate
$42,705 or less 15%
More than $42,705, but not more than $85,405 20%
More than $85,405, but not more than $103,915 24%
More than $103,915 25.75%
Income tax rates for 2018
The income tax rates for the 2018 taxation year, determined on the basis of your taxable income, are as follows:

Taxable income Rate
$43,055 or less 15%
More than $43,055, but not more than $86,105 20%
More than $86,105, but not more than $104,765 24%
More than $104,765 25.75%

And for comparison with other provinces, the Federal website:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html#provincial

Provincial and territorial tax rates (combined chart)
Provinces and territories                             Rates
Newfoundland and Labrador
8.7% on the first $36,926 of taxable income, +
14.5% on the next $36,926, +
15.8% on the next $57,998, +
17.3% on the next $52,740, +
18.3% on the amount over $184,590

Prince Edward Island
9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969

Nova Scotia
8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000

New Brunswick
9.68% on the first $41,675 of taxable income, +
14.82% on the next $41,676, +
16.52% on the next $52,159, +
17.84% on the next $18,872, +
20.3% on the amount over $154,382

Quebec Go to Income tax rates (Revenu Québec Web site).

Ontario
5.05% on the first $42,960 of taxable income, +
9.15% on the next $42,963, +
11.16% on the next $64,077, +
12.16% on the next $70,000, +
13.16 % on the amount over $220,000

Manitoba
10.8% on the first $31,843 of taxable income, +
12.75% on the next $36,978, +
17.4% on the amount over $68,821

Saskatchewan
10.5% on the first $45,225 of taxable income, +
12.5% on the next $83,989, +
14.5% on the amount over $129,214

Alberta
10% on the first $128,145 of taxable income, +
12% on the next $25,628, +
13% on the next $51,258, +
14% on the next $102,516, +
15% on the amount over $307,547

British Columbia
5.06% on the first $39,676 of taxable income, +
7.7% on the next $39,677, +
10.5% on the next $11,754, +
12.29% on the next $19,523, +
14.7% on the next $39,370, +
16.8% on the amount over $150,000

Yukon
6.4% on the first $46,605 of taxable income, +
9% on the next $46,603, +
10.9% on the next $51,281, +
12.8% on the next $355,511, +
15% on the amount over $500,000

Northwest Territories 5.9% on the first $42,209 of taxable income, +
8.6% on the next $42,211, +
12.2% on the next $52,828, +
14.05% on the amount over $137,248

Nunavut
4% on the first $44,437 of taxable income, +
7% on the next $44,437, +
9% on the next $55,614, +
11.5% on the amount over $144,488
 
PPCLI Guy said:
50% briefs well, but doesn't withstand 2 minutes of google....

So glad you're here to fact check the thread into rabbit holes.

Quebec has the highest tax rates in Canada, and the marginal tax rate for someone over $100,000 when combined with Federal taxes is over 50%. They also have one of the highest provincial sales tax rates in the country. So to get back on topic, if taxes were the answer, Quebec wouldn't need equalization.
 
I know it's the Edmonton Sun, but this 'PST' subject was top of mind last Spring around the Alberta budget time...


https://edmontonjournal.com/opinion/columnists/opinion-alberta-sales-tax-is-politically-risky-but-its-good-public-policy
 
daftandbarmy said:
I know it's the Edmonton Sun, but this 'PST' subject was top of mind last Spring around the Alberta budget time...


https://edmontonjournal.com/opinion/columnists/opinion-alberta-sales-tax-is-politically-risky-but-its-good-public-policy

I don't even need to read the article because I am 100% a proponent of a value-added tax. It is the most efficient tax out there besides a lump-sum tax. I wish we'd increase GST federally and reduce income tax by the equal amount of revenue because a value-added tax is far more efficient. There are no good taxes but it is certainly less evil than most. So the article is just confirmation bias for me, certainly not a counterargument.

However, that does not in any way change the ridiculousness and inaccuracy of your comment re: the "grown ups" who clearly are in no position to be looking down their noses at Alberta.
 
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