#Budget2023: Will the Government Stay the Course on Deficit Reduction? The federal budgetary deficit has fallen from a COVID-related record high of $328 billion in 2020-21 (14.9 percent of GDP) to an estimated $36 billion in 2022-23 (1.3 percent of GDP). policymagazine.ca/budget-2023-wi…
#Budget2023: Canada Needs to Get Fundamentals Right Again. What can and should be done? In today’s dynamic and volatile global environment, there are several key determinants of productivity, competitiveness and growth that deserve urgent attention. policymagazine.ca/a-look-ahead-t…
#Budget2023 'Targeted inflation relief' coming in 2023 federal budget, Freeland says. The coming 2023 federal budget will "exercise fiscal restraint" while also making "significant" investments in Canada's health-care system and building a clean economy. ctvnews.ca/politics/targe…
#Budget2023 Don’t expect anything in the budget that looks like a broad-based tax cut. What to expect in the federal budget next week and how it could impact your taxes theglobeandmail.com/investing/pers…

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More from @timethief

Mar 25
@PierrePoilievre 🧵Let's unpack the misleading @PierrePoilievre meme ⬆️ by examining Liberal #Budget2023 tax provisions.
A re-elected Liberal government will: Raise #corporateincometaxes on the largest, most profitable banks and insurance companies who earn more than $1 billion per year and⬇️
@PierrePoilievre introduce a temporary #CanadaRecoveryDividend that these companies would pay in recognition of the fact they have recovered faster and stronger than many other industries.
Create a #minimumtaxrule so that everyone who earns enough to qualify for the top bracket pays at least ⬇️
@PierrePoilievre 15 % each year (the tax rate paid by people earning less than $49,000), removing their ability to artificially pay no tax through excessive use of deductions and credits.
Note: A tax on luxury cars, boats, and planes came into force on September 1, 2022. ⬇️
Read 11 tweets
Mar 25
FOLLOWERS:
1/2 This 'cost of a hotel room' is a deliberate distraction. The CPC will draw attention to as many distractions as they can to
1. stay in the mainstream news & social media trending news,
2. secure responses & RTs, and
3. amplify their social media influence. ⬇️
2/2 As facts and logic do not matter when one is fueling a distraction because the aims are only the 3 I listed above ⬆️ I refuse to play their game.
That's why those who do play the game will not get any responses, likes or RTs from me.
FWIW I also consider the 'i didn't get an invitation it was sent to the wrong email address' to be a deception also designed as distraction. He got an invitation and reminder and it's up to him to be sure his email address is up to date. So once again I refuse to play the game.
Read 9 tweets
Mar 23
🧵Canada’s #agricultureexports and #agrifoodexports have continued to increase, reaching over $82 billion in 2021 and surpassing a previous target to grow agri-food exports to at least $75 billion by 2025. ⬇️
Through the Sustainable Canadian Agricultural Partnership, #AAFC is working with Provincial and Territorial partners to achieve $250 billion in sector revenues and $95 billion in sector export revenues by 2028. canada.ca/en/agriculture…
#AAFC unveils new funding for Agriculture in the Classroom's digital campaign. The program will use that money to focus on the #Agricommunication program, a three-year, up to $8-million federal initiative cochranenow.com/articles/aafc-…
Read 21 tweets
Mar 22
trying to learn how to use a new device & going crazy
FOLLOWERS: If I seem barely literate know that I am trying to adapt to using a new device and having a hard time with it. I apologize, in advance for my errors.
I got a new device so I could use it standing or with my feet up which I must now do for 5 hours daily. My biggest issues is not being able to find a delete key. I'm off to locate a tutorial.
Read 7 tweets
Mar 19
🧵In Canada, medical practice is restricted to the province/territory in which a physician is licensed. The Canadian Medical Association #CMA has been calling gov'ts to implement #panCanadianlicensure most recently at a meeting of Atlantic health ministers in January 2023.⬇️
Other than a few exceptions, practising in a different province or territory means a lengthy application process, sometimes months long, and thousands of dollars in fees. How does the #CMA define #panCanadianlicensure?⬇️
The ability for physicians with full licences to practise independently without restrictions or for medical resident trainees registered in any Canadian jurisdiction to practise or train in any other Canadian jurisdiction ⬇️
Read 19 tweets
Mar 18
The highest level of 1% income is currently located in British Columbia. However, Ontario is not far behind. And if we look to province to province discrepancies, we can see that 1% earners in British Columbia earn 53% more than those in the Territories.
What percentage of Canadians make over $100,000?
Only around 11% of Canadians make more than $100,000 a year according to statistics Canada.
With the rising costs of living it is becoming increasingly difficult to live off of anything lower than a six figure salary.
How much does the average Canadian person make a year? According to Statistics Canada, the average Canadian salary in 2020 was $51,300. It's a far cry from the one-percenters average income of just over half a million dollars, and highlights the significant income gap in Canada.
Read 21 tweets

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