CitizenVectron Posted November 3, 2022 Share Posted November 3, 2022 As part of the fall economic statement, Freeland announced the permanent interest relief: Freeland introduces mini-budget that promises support for low-income workers, students | CBC News WWW.CBC.CA Finance Minister Chrystia Freeland tabled her fall economic statement Thursday — a roadmap of what's to come from the federal government as the economy stands on the brink of a recession. And also introducing a new tax on stock buybacks to encourage companies to invest money in their business rather than only reward their own investors: Ottawa to introduce 2% tax on stock buybacks starting in 2024 | CBC News WWW.CBC.CA The federal government wants Canadian companies to spend more of their own money to invest in their businesses and help grow the economy, so it’s bringing in a new tax on corporations when they use their profits to buy back portions of their own shares on the stock market. 2 Quote Link to comment Share on other sites More sharing options...
Vitalsign Posted November 3, 2022 Share Posted November 3, 2022 Lulz. If there’s one thing Canada needs, it’s more taxes. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 3, 2022 Author Share Posted November 3, 2022 5 minutes ago, Vitalsign said: Lulz. If there’s one thing Canada needs, it’s more taxes. I'm sorry I can't hear you over the sound of my safety net and more-stable society 1 1 Quote Link to comment Share on other sites More sharing options...
Vitalsign Posted November 3, 2022 Share Posted November 3, 2022 1 minute ago, CitizenVectron said: I'm sorry I can't hear you over the sound of my safety net and more-stable society Homogeneous societies are safer. However we value diversity here. Let us know when Canada figures out capital markets. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 3, 2022 Author Share Posted November 3, 2022 18 minutes ago, Vitalsign said: Homogeneous societies are safer. However we value diversity here. Let us know when Canada figures out capital markets. Immigrant population: USA - 14% Canada - 25% Visible Minorities: USA - 38-42% Canada - 30% I don't think you'd normally classify Canada as homogenous compared to the majority of the world's countries. Racial makeup is different than the US, but Canada is quite diverse, and in the same realm as the US. If you look at urban centres, Canada is just as diverse as the US, with caucasians being a minority in Vancouver, Toronto, etc. The US is more diverse overall, especially owing to the hispanic population, but it's not in a different order of magnitude and I think you may have a very outdated image of Canada's racial makeup. And the trend is only accelerating, with Canada taking in many more immigrants (and racialized immigrants) per capita than the US. Quote Link to comment Share on other sites More sharing options...
Joe Posted November 3, 2022 Share Posted November 3, 2022 22 minutes ago, CitizenVectron said: I'm sorry I can't hear you over the sound of my safety net and more-stable society You can’t hear him because you’re freezing your balls off. 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 3, 2022 Author Share Posted November 3, 2022 Just now, Joe said: You can’t hear him because you’re freezing your balls off. It's true, it's very cold right now. High of -3 today (-27F). Fortunately, I have thermal underwear for my balls. Quote Link to comment Share on other sites More sharing options...
Joe Posted November 3, 2022 Share Posted November 3, 2022 Just now, CitizenVectron said: It's true, it's very cold right now. High of -3 today (-27F). Fortunately, I have thermal underwear for my balls. Yeah I’ll pay my insurance to not have to deal with that lol. 2 Quote Link to comment Share on other sites More sharing options...
silentbob Posted November 3, 2022 Share Posted November 3, 2022 10 minutes ago, CitizenVectron said: Immigrant population: USA - 14% Canada - 25% Visible Minorities: USA - 38-42% Canada - 30% I don't think you'd normally classify Canada as homogenous compared to the majority of the world's countries. Racial makeup is different than the US, but Canada is quite diverse, and in the same realm as the US. If you look at urban centres, Canada is just as diverse as the US, with caucasians being a minority in Vancouver, Toronto, etc. The US is more diverse overall, especially owing to the hispanic population, but it's not in a different order of magnitude and I think you may have a very outdated image of Canada's racial makeup. It’s amazing what I’ve seen in immigration for the 40 years I’ve lived here in the GTHA. There were literally 4 kids of colour at my public school from K-Gr.5, and then from grade 6 onwards steadily grew from there. My city was very white for the longest time (like 95% or higher, I swear) and would say we are +20% minority in my area. It’s amazing what I’ve seen in immigration for the 40 years I’ve lived here in the GTHA. There were literally 4 kids of colour at my public school from K-Gr.5, and then from grade 6 onwards steadily grew from there. My city was very white for the longest time (like 95% or higher, I swear) and would say we are +20% minority in my area. Which has been great for new foods and bad for my stomach waist line. Quote Link to comment Share on other sites More sharing options...
Joe Posted November 3, 2022 Share Posted November 3, 2022 Anyway, to get back on track, these are good laws. Quote Link to comment Share on other sites More sharing options...
Vitalsign Posted November 3, 2022 Share Posted November 3, 2022 Clearwater Beach, Florida is overrun with Canadians trying to escape the safety net up there right now. You can smell the ketchup chips in the air. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 3, 2022 Author Share Posted November 3, 2022 Conservatives making fun of Trudeau saying he's just a teacher, but what they fail to realize is that he majored in White Replacement Theory™ Quote Link to comment Share on other sites More sharing options...
Vitalsign Posted November 3, 2022 Share Posted November 3, 2022 Back on topic. I think the law is dumb. Federal loans is how we got into the tuition cost death spiral. They should be worse not better. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted November 3, 2022 Author Share Posted November 3, 2022 1 minute ago, Vitalsign said: Back on topic. I think the law is dumb. Federal loans is how we got into the tuition cost death spiral. They should be worse not better. The situation is a little different in Canada, where the vast majority of post-secondary institutions are public, not private. As such, they are heavily subsidized by the government and the rate of tuition growth is not nearly as severe as in the US (though not saying it's not an issue). A result of this difference is that the location of your degree in Canada is not nearly as important as in the US. If you have a degree in education, police studies, social work, computer science, etc from almost anywhere, there is very little difference. Some universities are known for certain things, but in general, the rich and poor alike attend the same universities, and networking (at least at the school level) barely exists compared to the US. An engineering degree at my local university, for example, costs about ~$8,000 ($5,800 US) per year, plus a few hundred more for books. The degree is a five-year undergraduate, but one of those years is spent working in a paid co-op position (most degrees in Canada work this way), so it's only four years of that tuition, while you earn money for the fifth (roughly). So yes, tuition inflation is real and exceeds general inflation, but it's far less of an issue in Canada due to universities existing primarily in the public sector already. Quote Link to comment Share on other sites More sharing options...
Littleronin Posted November 3, 2022 Share Posted November 3, 2022 22 minutes ago, Vitalsign said: Back on topic. I think the law is dumb. Federal loans is how we got into the tuition cost death spiral. They should be worse not better. Ladies and gentlemen, the dumbing down of America at work. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted November 4, 2022 Share Posted November 4, 2022 2 hours ago, Vitalsign said: Back on topic. I think the law is dumb. Federal loans is how we got into the tuition cost death spiral. They should be worse not better. Wrong Quote Link to comment Share on other sites More sharing options...
unogueen Posted November 5, 2022 Share Posted November 5, 2022 I can't hear shit above these loan forgiveness options. Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted November 5, 2022 Share Posted November 5, 2022 I’d like to see higher taxes on stock buy backs but this is a start. 1 1 Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted November 5, 2022 Share Posted November 5, 2022 On 11/3/2022 at 7:02 PM, CitizenVectron said: It's true, it's very cold right now. High of -3 today (-27F). Fortunately, I have thermal underwear for my balls. 27f, not -27. Quote Link to comment Share on other sites More sharing options...
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