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Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?


To: gg cox who wrote (30373)9/17/2023 12:23:34 AM
From: russet1 Recommendation

Recommended By
longz

  Respond to of 37591
 
Not my word, the word that your offspring ( if you have any) describe us as.

You are just like Alter, they project their emotional shit on me, but I don't feal it. I know whats coming. You are the silly old fool that's about to get a lesson on selfishness. I am only a Teacher trying to tell fools what is coming.



To: gg cox who wrote (30373)9/17/2023 12:25:49 AM
From: russet2 Recommendations

Recommended By
longz
Stephen O

  Respond to of 37591
 
Lets kill all our children, right Mr Cox. so they don't cut off our parisitic money grab.

Study Found Unsettling Results in Children Vaccinated Against COVID-19

Views 36.4K •
September-15-2023

Researchers from Australia took blood samples of 29 children before and after COVID-19 vaccination. They wanted to see if the vaccine might have other beneficial side effects.

Vaccines can trigger an immune response in your body that can help fight off additional viruses or bacteria—not just the one specific disease you were vaccinated against. Think of it as your body's defense mechanisms getting wiser. It’s called heterologous immunity, and it can happen with natural infections too.

The scientists noticed that nobody looked for this effect in COVID-19 vaccines for children.

But when they ran the experiment, what they found was exactly the opposite of what they expected.

Instead of seeing any improvement, they saw a reduced immune response toward other viruses, fungi, and bacteria.

This was a big surprise for them.


But it was not surprising to the doctors who have been speaking out about mRNA vaccine safety. These doctors already have a name for this: vaccine-acquired immune deficiency syndrome, or VAIDS.



To: gg cox who wrote (30373)9/17/2023 12:29:51 AM
From: russet1 Recommendation

Recommended By
longz

  Respond to of 37591
 
Hey Mr Cox, no problem for you as long as you get your parasitic pension and benefits, right?

Just tax our young for your benefits.


Critics, Opposition React to Ottawa's Threat of Additional Taxes on Big Grocers

Critics and members of the opposition have expressed concern over the federal government's talk of potentially imposing additional taxes on major grocers.


By Andrew Chen

9/15/2023
Updated:
9/15/2023

Critics and members of the opposition have expressed concern over the federal government's talk of potentially imposing additional taxes on major grocers. They argue that this move could worsen the affordability crisis faced by Canadians who are already grappling with rising food prices.

At the conclusion of the Liberal party's three-day national caucus retreat in London, Ontario, on Sept. 14, Prime Minister Justin Trudeau said that his government is exploring various tools, including potential tax measures, to compel major grocery retailers to stabilize food prices.
The same day, the Canadian Taxpayers Federation (CTF) called on Mr. Trudeau to "rescind his grocery tax threat."

"The last thing Canadians need is a grocery tax," CTF Federal Director Franco Terrazzano said in a statement. “Instead of hammering Canadians with a grocery tax, Trudeau should scrap his carbon tax, which is making food prices more expensive."

During the caucus retreat, Industry Minister François-Philippe Champagne said there would be a meeting the following week with leaders of major Canadian grocery chains, who were "told" to go to Ottawa to discuss the issue of food prices. The invitation list includes Loblaws, Empire, Metro, Costco, and Walmart. Mr. Trudeau said the grocers have been given until Thanksgiving to respond regarding their plans to stabilize prices.
"And let me be very clear: if their plan doesn’t provide real relief for the middle class and people working hard to join it, then we will take further action, and we are not ruling anything out, including tax measures," he said.

In a video released separately on Sept. 14, Mr. Terrazzano emphasized that the current affordability crisis is linked to the government's carbon tax. "When Trudeau's carbon tax makes it more expensive for farmers to produce food and for truckers to deliver food, he is making it more expensive for you to buy the food. So we got to fight back on this," he said.

Several other critics have raised concerns with the government's carbon tax as a factor contributing to the rising cost of food. Conservative MP John Barlow, his party's agriculture critic, shared a similar view of the Liberal's potential grocery tax measure.

"The Liberals want to lower grocery prices? They can lower prices now–abandon own punishing policies. Axe the carbon tax. End fertilizer tariff. Eliminate warning food labels,save $2B in costs. Pause plastic packaging rules. Reign in spending," he posted on X, formerly known as Twitter, on Sept. 14.Supply Chain PressureWhile Mr. Trudeau said in his announcement that major grocery stores in Canada were "making record profits," the Retail Council of Canada (RCC) said the elevated food prices have little to do with grocer prices and profit.

"The price on grocery shelves is driven by increased vendor costs from food manufacturers and producers, itself caused by a host of global factors—including supply chain challenges, the war in Ukraine, fuel prices, and climate events," RCC spokesperson Michelle Wasylyshen told The Epoch Times on Sept. 14.
Agri-food professor Sylvain Charlebois from Dalhousie University, with whom Mr. Champagne has worked with to tackle food inflation issues, conveyed his unease with the idea of pressuring grocers on pricing, but said it was a decision made by the minister.

"I’m there to advise the minister during the process, but it’s clear he’s set on intervening and compel the grocers to adjust their prices," Mr. Charlebois said in an interview on Sept. 14.
He also raised concerns about major brands leaving Canada, noting if prices are being mandated, the pressure will be felt throughout the supply chain.

"As an economist I’m worried, I’m really worried, because we’ve seen Nestlé get out of frozen food in Canada, Kleenex left, other brands left in recent years. If we want to increase competition, the last thing we need is an interventionist state," said Mr. Charlebois.

"It’s a dangerous game to intervene that way, especially in the food industry when margins aren’t that big."

He emphasized that the primary message he conveyed to Mr. Champagne was the importance of distinguishing between inflation and consumer confidence.

The professor noted that Quebec, where retail milk prices are regulated, has the highest milk prices. In terms of bolstering consumer confidence, Mr. Charlebois recommended a reform of the Competition Bureau, advocating for increased authority and expedited investigation processes.

Mr. Trudeau also said on Sept. 14 that his government is taking steps to reform the Competition Act to make "large businesses more accountable to Canadians."

Noé Chartier contributed to this report



To: gg cox who wrote (30373)9/17/2023 12:38:28 AM
From: russet1 Recommendation

Recommended By
longz

  Read Replies (1) | Respond to of 37591
 
Grow up Mr Cox, and realize that your ability to suck off of us is coming to an end. The debt that the government has gone into to give you your incredible status of living for doing nothing is over.

September 15, 2023 | A Minsky Moment For Canada Has Arrived
Hilliard MacBeth
Visit Guest's Website

Canada’s Minsky Moment has arrived, as the demand for new credit slows and a substantial portion of household mortgage borrowers are not paying the interest on their debt, much less repaying the principal.

Hyman Minsky was an American economist who focused on the business cycle and debt. Since mainstream economics ignores debt, banking and financial cycles, Minsky was on the sidelines of the economics profession.

Minsky talked extensively about the phenomenon in history of long periods of economic stability and growth followed by a period of serious financial instability when debts have become too large, and a banking crisis ensues.

The housing and debt situation in Canada today is an excellent example of his description of the final phase of the financial cycle, which he called the Ponzi Finance stage. This stage occurs when some borrowers cannot pay even the interest on their debt, and many will never be able to repay the principal amounts owed.

Recent reports by bank lenders indicate that as many as 20 percent of all mortgage borrowers are in negative amortization, which means their monthly payments are smaller than the interest they owe each month according to the amortization schedule of their mortgage contract.

Other borrowers are able to make payments that cover their interest but have slipped in the repaying of the principal, which means their original 25-year term for the mortgage contract is now 30 or 35 years or even longer.

The Bank for International Settlements p rovides data showing Canada is one of only four countries where households debts are greater than 100 percent of GDP. Canada is at 102, Australia at 111, Korea at 105 and Switzerland is at 128. The U.S. is at 74 percent while the G20 average is even lower at 62 percent.



Source: BIS

Philip Colmar, of MRB Partners, in a recent op-ed piece in the Globe and Mail, makes a convincing argument that Canada’s massive housing and debt bubble is about to burst.

He attributes the development of the “massive housing bubble” to more than two decades of “cheap money and lax lending standards” and notes that “Excessive home prices are worrying, but mounting household debt burdens is where the outlook becomes ugly.”

He says, “Regardless, Canada will face a difficult decade ahead once the housing bubble begins to deflate. Policy makers will have their work cut out for them, as the day of reckoning is fast approaching.”

A Minsky Moment arrives when there’s a sudden shift to panic among lenders, investors and borrowers over debt.

When banks realize that customers cannot afford to pay even the interest on their loans, they apply much stricter lending standards.

The subsequent drop in the availability of credit leads to a decline in consumer demand for houses, autos, furniture and home renovations, and eventually to the forced sale of distressed assets.

As happened in the U.S. from 2006 to 2012, house prices will decline dramatically. Housing affordability is restored, but only after years of debt restructuring.

Hilliard MacBeth