Metaneos

CBC News This is hardly surprising. This should have been a top priority during the new government's installment over these past few years, but it hasn't. Things should be far better, but they're more or less the same as the previous government. Being slightly better than the Cons on taxes on the well-off isn't an inspiring reason to re-elect these chumps, and they're well within the danger zone of losing the next election over reasons such as this. Why bother voting Liberal if all Canada's getting is less-mean Conservatives. Canadians wanted change , not this tepid nonsense. Worse off, the optics are awful. Canada needs that tax revenue, now more than ever, what with the government fumbling around in regards to that US President who's intent on tanking economies world-wide.

Canada’s government spending is now on unsustainable path, warns PBO Financial Post's reporting is a bit, what's the word? alarmist? Things really aren't so dire. Canada’s sub-national governments need a combination of new revenue or spending cuts totalling 1.5 per cent of GDP to put themselves on a sustainable path, up from 1.4 per cent last year — what the PBO called a “modest deterioration.” That would require a combined $30.2 billion in spending cuts or tax increases from provinces, territories, local and indigenous governments. You know, the major, important thing is, that no one ever really mentions, is Canada will always have a modest to wealthy tax base. And also, Canada prints its own money. That's a major strength. It means Canada can always repay its dept, even if the value of its currency falls. $30 billion? It shouldn't be an impossible amount for the government to raise. It should be a multi-pronged approached. Modestly raise taxes, starting fro...