The Liberal government wants to match the US dollar for dollar on corporate welfare subsidies to foreign multinationals to 'remain competitive and attract investment'

But the same government is happy to ignore options that Canadian doctors or Canadian entrepreneurs have on where…

The tale of the Liberal $1 Billion Green slush fund:

A group of companies receives $42m from the fund. Conveniently, a director of the entity overseeing the fund of taxpayer money has a financial interest in the companies that received money.

The director is also involved in…

Via economics team at RBC: 'Since 2019, Canadian GDP per capita has declined 2.8% versus a 7% increase in the U.S. That marks the largest underperformance of the Canadian economy versus the U.S. over a comparable period since at least 1965.'

MORGAN STANLEY: “.. leading indicators for rents suggest faster disinflation in the rent #CPI in 2H24, supporting our team’s view of a downward, albeit bumpy, path for inflation.” [Huberty] 🇺🇸

Canadian Mortgage Changes Blur The Line Between Normal & Crisis: CMHC

#ToRe #VanRe

betterdwelling.com/canadian-mortg…

A short 🧵about the carbon tax rebate rural supplement. I live in Orillia which according to Statistics Canada is not in a Census Metropolitan Area (CMA). According to the carbon tax rebate rules posted online those who don’t live in a CMA get the rural supplement.

The government assumes people will pull forward asset sales before the June 25 deadline.
That means tens of billions of $ in assets will be converted to cash almost immediately.

How is that not an inflationary pressure? if even just a bit?

The too cute by half move to mask…

Wishing all those who celebrate a Happy Passover. #passover2024 #cdnpoli #Thornhill 🫓🇨🇦💪

It is 8 days to go to April 30th and legislation is not even tabled to introduce into law the proposed changes to the Underused Housing Tax.

(there were new exclusions announced that said that many people who would have previously needed to file no longer need to).

This leaves…

I just can't believe the Prime Minister didn't change the 'unjust' and 'completely unfair' tax rate immediately and allowing the super duper ultra rich time to save taxes.

Fairness for every generation!

My post-budget take: Liberal budget fails the confidence test thestar.com/opinion/contri…

The entire Liberal fiscal plan depends on the revenues from a tax change that may or may not materialize.

An election, general uncertainty or inability to transact within the window could blow a significant hole in the budget this year.

The $7B risk is ~18% of the year's…

The federal government's economic and fiscal plan is a bit like trying to make a house bigger by thinning the walls

Scotiabank’s Derek Holt says the latest budget is in fact, generationally unfair.

🇨🇦 Govt program spending for this fiscal year running '$66 billion above the FY24/25 level set out in Budget 2021. This has not only prevented fiscal consolidation, but the flow of net stimulus has only made the Bank of Canada’s inflation battle tougher' economics.bmo.com/en/publication…

After the government was warned to reign in it's spending a year and half ago, it has added $103B in net new spending ($154B gross) to the fiscal plan.

A completely unserious fiscal plan in an inflationary environment.

Did anyone see a GDP per capita chart in the budget? I must have missed it.

Any of housing Twitter have views on whether capital gains changes will cause some real estate investments to be 'locked in' ?