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  #91  
Old 04-27-2017, 01:04 PM
solocam3 solocam3 is offline
 
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Default Garanteed income in Ontario

3000 familys in Ontario getting 17000 a year to show them how important it is to have a job???????? Sweet. Where do we sign up?
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  #92  
Old 04-27-2017, 05:08 PM
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lmtada lmtada is offline
 
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Bailout, and conflict of Interest? Wonder if Ontario Health care workers know what Investors are utilizing there retirement funds for? From low risk to high risk, overnight.

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Originally Posted by lmtada View Post
Ontario Health care workers fund (government) bailing out Housing Home Mortgage.

http://www.zerohedge.com/news/2017-0...althcare-worke

Watch where your $$ retirement money is invested. It might be gone.

And in case you are one of the 321,000 retirees who are nervous about your pension managers' actions, don't worry: The loan is secured by a pool of mortgages originated by Home Trust, and as everyone knows, in Canada home prices never go down.

How is this even possible? Conflict?
As Bloomberg reports, the Healthcare of Ontario Pension Plan (HOOPP) is the lender behind Home Capital Group’s C$2 billion loan ($1.5 billion) to shore up liquidity, citing people familiar with the matter.

HOOPP President and Chief Executive Officer Jim Keohane sits on Home Capital’s board and is a shareholder.

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  #93  
Old 04-27-2017, 05:38 PM
denied access denied access is offline
 
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Originally Posted by bobinthesky View Post
Yes, and the boomers are considered to have been born from 1946 to 1964 so the tail end of them would have had the pill but that would really make Gen X to be the ones who started the decline in birth rates, not the boomers.
It seems to me you've drank the government koolade and are blaming taxpayers for the failures of this country instead of the politicians. That's where the blame squarely lies and it wasn't the boomers that voted in the boy PM either!


http://www.med.uottawa.ca/sim/data/birth_rates_e.htm
so the first boomers were 20 when he pill came out in 66 not the "tail end" who were 2 therefore they had the drop in birthrate. Don't blame Gen X. We were too scared of aids to have sex and hair music was impossible to dance to.
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  #94  
Old 04-27-2017, 06:37 PM
badbrass badbrass is offline
 
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Originally Posted by Mike_W View Post
Well its not quite like that as taxes are paid on a graded schedule but if someone earns over $300,000 in a year everything over $303,900 would be taxed at 48%.
Not to sure about that, Both financial adviser and lawyer said the same. They also said, no one ever tell them the facts about when this happens.
Even a fellow I knew, when his wife passed on and moved her RRSP's
over it cost him 35% of her RRSP's to the government.
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  #95  
Old 04-28-2017, 12:34 AM
bigskinner bigskinner is offline
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Originally Posted by skidderman View Post
It doesn't make sense. I would think wanting people to retire younger would create more jobs for both young people & immigrants ending up with both still being taxpayers. It's really hard to understand.
EASY to understand , they want to be able to not pay you a pension until your 70 instead of 65 , hoping you,ll be dead by then ,and wont have to pay you nothing, remember our pension money is invested by them and they pocket any interest gained on it , crooks every one.
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  #96  
Old 04-28-2017, 12:43 AM
bigskinner bigskinner is offline
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Originally Posted by elkhunter11 View Post
So Trudeau has no problems with Canadians that have worked and paid taxes for most of their life having to work even longer, while he taxes their heath care benefits, so that he can use the money to bail out Bombardier, and give our hard earned money to foreign countries, and to support refugees that have not contributed to this country.
BRAVO SIR
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  #97  
Old 04-28-2017, 12:45 AM
bigskinner bigskinner is offline
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Originally Posted by elkhunter11 View Post
Trudeau could simply stop giving the taxpayers money away to foreign countries, for profit companies, and refugees.

Stands up again and applauds , BRAVO
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  #98  
Old 04-28-2017, 07:56 PM
hunting4? hunting4? is offline
 
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Originally Posted by elkhunter11 View Post
So Trudeau has no problems with Canadians that have worked and paid taxes for most of their life having to work even longer, while he taxes their heath care benefits, so that he can use the money to bail out Bombardier, and give our hard earned money to foreign countries, and to support refugees that have not contributed to this country.
And Harper didn't do the exact same thing?
Harpers bailout of auto companies
http://www.theglobeandmail.com/repor...ticle23828543/

Harper and the banks
http://www.cbc.ca/news/business/bank...sion-1.1145997



5 ways Stephen Harper's been successful at selling out Canadian auto sector jobs


Even though it's the largest export industry in Canada, the auto sector hasn't done so well under Harper's Conservatives.

But now with a secretly negotiated new trade deal that we won't see until after the election, things are ready to go from bad to worse.

The Trans-Pacific Partnership is being panned by Canada's auto sector union, parts manufacturers and academics. Harper himself appears willing to concede it won't be good for Canada's manufacturing communities, announcing $764 million for research (spread across 10 years) to soften the TPP's blow on the auto sector, but that's been called a "drop in the bucket" that won't attract any new investment.

Here are a few reasons those who work in the auto sector (or rely on auto sector spin-offs) ain't exactly thrilled with the Conservatives these days:
1. Signing a deal that could kill 1 in 4 Canadian auto jobs

Nearly forty thousand auto sector jobs have already been eliminated during Stephen Harper's time as Prime Minister – that could grow to 60,000 thanks to Harper's trade deal.

The Trans-Pacific Partnership will effectively rewrite key protections for the auto sector that were originally included in NAFTA twenty years ago to protect Canadian jobs.

Under NAFTA in 1994, vehicles without tariffs needed to be built with at least 60% North American parts. Under TPP, that's been reduced to 45%, meaning 55% of a car sold tariff-free could be built using parts made in Mexico or Japan.

Unifor's Jim Stanford estimates TPP changes will eliminate 20,000 Canadian auto sector jobs. Hardest hit would be communities in Southern Ontario, particularly, Windsor, London, Waterloo and Niagara, in addition to Oshawa and the GTA:

TPP-job-losses-map.jpg
2. Leading Canada into trade deficits

In the 1990s, Canada was the fourth largest assembler of cars in the world.

On Stephen Harper's watch, more foreign-made car parts are coming into Canada than made-in-Canada car parts are being exported to the rest of the world. A $5 billion trade surplus in 2005 has become a $19 billion deficit in 2014.

As it stands now, over half of Canada's trade deficit is with Mexico alone. The TPP will likely cause Canada's overall deficit to grow.

canada-auto-trade-balance.jpg
3. Making Canadian jobs more vulnerable

How big of a lemon did Harper get in return for the new TPP deal?

Under the TPP, Canada will eliminate its 6.1% tariff on Japanese cars in just five years.

By comparison, the American tariff on Japanese cars will be incrementally lowered over 15 years after the agreement is signed and won't be entirely eliminated for 25 years. Tariffs on pickups and light trucks

The Canadian Vehicle Manufacturers’ Association says they are "concerned" the 5 versus 25 years phase-out puts Canadian jobs at a significant disadvantage.

The Ontario Government warns Harper's concessions in the new TPP deal will expose its auto sector to "stiffer global competition ... potentially placing the jobs and livelihoods of many Ontarians at risk."

4. Losing $3.5 billion taxpayer dollars and a thousand good jobs

In an effort to pay for election giveaways, the Conservatives sold its shares in General Motors early (acquired after the 2009 bailout) at a loss of $3.5 billion for Canadian taxpayers.

At the time, the move was criticized for weakening the government's case for keeping the automaker's Oshawa plant open for business.

Less than a month later, 1,000 jobs were eliminated when GM moved production of the Chevrolet Camaro out of Canada.

5. Spending half a billion taxpayer dollars helping German car makers build factories in Mexico

Yep. Seriously.

Only one week before GM announced the loss of 1,000 jobs in Oshawa, Export Development Canada announced a $530 million loan to Volkswagen to help them "grow their operations in North America," despite the company bringing in nearly $300 billion revenues the year before.

Where are Canadian taxpayers creating jobs?

4,000 kilometres away in Mexico and Tennessee. The only string attached was that Volkswagen needed to discuss business opportunities with Canadian suppliers. But there's no guarantee Canadian businesses will see a single job created as a result of the deal.

As Unifor's Stanford said at the time:

Even if a Canadian supplier wins a Volkswagen contract, it’s unlikely the work would occur in Canada. Canadian parts suppliers have opened dozens of factories in Mexico and the Deep South – often required to locate near assembly plants. But EDC doesn’t mind: Helping Canadian-owned firms open plants in Mexico is part of its strategy.

Mexico’s auto industry, powered by cheap labour, a growing supply base and lucrative subsidies, is scooping up virtually all new greenfield auto investment in North America. Eight new assembly plants have been built or announced there since 2009. The “giant sucking sound” predicted by Ross Perot in the debate over NAFTA has become a reality. That’s bad enough. But watching a Canadian government agency assist that southward migration is incredible."

Do you think the TPP make it easier or harder to export Canadian jobs to Mexico or American right-to-work states?

So much for Harper protecting Canadian jobs.

Note: This post was updated to include newly revised estimates.


Does not matter who is in power. Only difference is who's friends get rich and what Canadian lose.

St Harper wasn't much of a saint. I am not defending Trudeau in ANY way here.
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  #99  
Old 04-28-2017, 09:41 PM
Unregistered user Unregistered user is offline
 
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Did trudo's boys really raid CPP of $2 billion and give a similar amount to mumbai
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  #100  
Old 04-29-2017, 07:24 PM
hunting4? hunting4? is offline
 
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Quote:
Originally Posted by Unregistered user View Post
Did trudo's boys really raid CPP of $2 billion and give a similar amount to mumbai
Probably. I remember when Paul Martin Stole 30 Billion from the federal workers pension fund. This only a few years after as finance minister a bill passed the house to allow Canadian shipping companies to re-flag outside of Canada with no consequence.

http://www.theglobeandmail.com/opini...rticle1332107/

what a douche!
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