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10-20-2015, 09:23 AM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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... maybe, the Eastern Canadian Voter is not as schupid as you think ?
who better to set up new wealth transfer mechanisms from west - east than another Trudeau ...
maybe in the backrooms this has been in the cards all along ?
eh ?
TBD
PS ... the perfect storm is brewing for Alberta.
... an energy hostile fed gov't with Notley and 'crew to defend us 
Last edited by TBD; 10-20-2015 at 09:34 AM.
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10-20-2015, 10:04 AM
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Join Date: Dec 2008
Posts: 2,590
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Honestly what's going to happen is the massive deficit that will be created building hospitals and expressways in eastern Canada will drive our dollar down. This will cause our manufacturing centres in southern Ontario/ Quebec to become "economical." This will provide more 50-60g a year jobs doing menial things like installing rear view mirrors. Out here we will be just like in the 1990's only homes cost 3 times that now!
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10-20-2015, 10:11 AM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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oh - I agree Trudeau will drive the dollar down ...
liberals luv a $0.60 dollar as it helps make their union buddies in ON / QC manufacturing competitive.
( ... to bad for the innovators who import into this country, I thought he wanted to add value here in Canada - ah no that was Mulcair )
This doesn't have to be done by piling on debt, thanks to our central bank BOC an interest rate policy / setting will do the trick - the rest of our banking community must fall in line.
Eastern Canadian voters have been salivating for a while now RE the West's wealth !
TBD
PS ... interesting times ahead boys, think about how you can firewall the business and adjust cost of living for some tougher days coming !
... maybe a good time to tool up, instead of showing profit and look at reducing yours and the misses personal incomes to get in on the free stuff he'll be doling out ?
... get ready for a Canada Health ACT "polluter pays" style mechanism to govern carbon emitting industries (except ON auto manufacturing and QC electrical gen - those will be exempt) 
Last edited by TBD; 10-20-2015 at 10:36 AM.
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10-20-2015, 10:17 AM
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Join Date: May 2007
Location: Uh, guess? :)
Posts: 26,739
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Quote:
Originally Posted by TBD
This doesn't have to be done by piling on debt, thanks to our central bank BOC a low interest rate policy / setting will do the trick - our banking community must fall in line.
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The current BOC overnight rate is half a percent. That's not a low interest policy? About the only thing more they could do is pay interest to those that borrow money. But I agree there are other things they could do to stimulate the economy.
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10-20-2015, 10:23 AM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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yes - they could ...
charge interest on people's savings ?
Oka - what's you point ?
PS ... back to some suggestions on how to mitigate the coming liberal / NDP money grab.
if you run your own business, definitely reduce personal incomes to bare bones cost of living
if you need a cash top up - take out as S/H loan
Do we have any resident tax experts that can chime in here, anyways talk to your acct, more than one side can play this game !
.
Last edited by TBD; 10-20-2015 at 10:52 AM.
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10-20-2015, 11:20 AM
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Join Date: Oct 2008
Location: In the shadow of the Valhalla Mountains, BC .
Posts: 9,179
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Some seem to not agree ...
Quote:
Originally Posted by TBD
oh - I agree Trudeau will drive the dollar down . . .
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Both the Canadian dollar and stock market are 'up' today ... https://www.td.com/ca/markets-resear...kets/index.jsp
Go figure 
Mac
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10-20-2015, 11:23 AM
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Join Date: Jun 2009
Posts: 4,674
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Correcting for the NDP uncertainty
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Upset a Lefty, Fly a Drone!
"I find it interesting that some folk will pay to use a range, use a golf course, use a garage bay but think landowners should have to give permission for free. Do these same people think hookers should be treated like landowners?" pitw
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10-20-2015, 11:38 AM
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Join Date: Oct 2008
Location: In the shadow of the Valhalla Mountains, BC .
Posts: 9,179
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Quote:
Originally Posted by hillbillyreefer
Correcting for the NDP uncertainty
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More likely ^
Mac
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10-20-2015, 01:31 PM
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Join Date: Jun 2007
Location: Sherwood Park, AB
Posts: 1,318
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Quote:
Originally Posted by TBD
charge interest on people's savings ?
Oka - what's you point ?
PS ... back to some suggestions on how to mitigate the coming liberal / NDP money grab.
if you run your own business, definitely reduce personal incomes to bare bones cost of living
if you need a cash top up - take out as S/H loan
Do we have any resident tax experts that can chime in here, anyways talk to your acct, more than one side can play this game !
.
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You can only withdraw money out of your SH loan if you have a balance there. You can take dividends which are taxed differently,,....assuming you have the profits to take out in the first place.
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10-20-2015, 01:33 PM
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Gone Hunting
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Join Date: May 2007
Location: Between Bodo and a hard place
Posts: 20,168
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Here's the mentality that got the libs elected.
From a site in Windsor On. that went full NDP.
"Windsor got the MPs that they voted for... totally silent backbenchers. NO Liberal money will be coming our way down here.... DUMB DUMB DUMB!!!!"
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I'm not lying!!! You are just experiencing it differently. 
It isn't a question of who will allow me, but who will stop me.. Ayn Rand
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10-20-2015, 01:40 PM
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Gone Hunting
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Join Date: Jun 2015
Location: 503
Posts: 979
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I would think that our TFSA's will take a "turdo lickin'", in that he will glomb onto the proceeds that we have made by wise investments. As he said glibly "qeebec" is once again running the country. Needless to say that all of his panderings have to be paid off somehow, and what better source!!! More Albertans have TFSA per capita than anywhere else in Canada. jr. will rape us, as did his "father?"
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Artificial intelligence is no match for natural stupidity!!
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10-20-2015, 02:04 PM
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Join Date: Apr 2010
Location: Red Deer
Posts: 2,680
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Pretty sad when naieve voters trade an economist for a drama teacher for Prime minister.Especially when Harper has proven he knows how to manage the economy while not running a deficit and still keeping taxes the lowest scince the 1950's.Guess we'll soon kiss that goodbye as well.
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10-20-2015, 02:36 PM
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Join Date: Sep 2012
Location: Edmonton
Posts: 6,928
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Quote:
Originally Posted by pseelk
Pretty sad when naieve voters trade an economist for a drama teacher for Prime minister.Especially when Harper has proven he knows how to manage the economy while not running a deficit and still keeping taxes the lowest scince the 1950's.Guess we'll soon kiss that goodbye as well.
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where have you been? The only surplus's he ran with were leftovers from the Liberals.
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Respond, not react. - Saskatchewan proverb
We learn from history that we do not learn from history. - Hegel
Your obligation to fight has not been relieved because the battle is fierce and difficult. Ben Shapiro
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10-20-2015, 03:14 PM
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Join Date: Apr 2010
Location: Red Deer
Posts: 2,680
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Quote:
Originally Posted by Wild&Free
where have you been? The only surplus's he ran with were leftovers from the Liberals.
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Where were You?Who forced him to run the deficit when things went south in 08?And the budget was balanced when he left in spite of NDP and Libs.
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10-20-2015, 03:22 PM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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exactly ...
Quote:
Originally Posted by pseelk
Where were You?Who forced him to run the deficit when things went south in 08?And the budget was balanced when he left in spite of NDP and Libs.
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canada's left parties teamed up against him with their coalition threat, he was forced into deficit spending to appease the eastern gov't / union class.
Why do people not remember this ?
Sadly in today's headline grabbing world the media is more powerful than allot give them credit ...
... and we missed our chance to muzzle the CBC with Harper, should have done it right out of the gates with his first majority  - pay attention to how justin treats them - the CBC (they've been giddy over there all day) 'betcha Hubert gets that new funding model he's been whining about.
and after their cashed up they'll begin a professional biography series dedicated to cleaning up / remaking Mag's image and something new about PET and how he was the countries greatest leader - blah blah blah ...
... and we'll be paying for it !
Last edited by TBD; 10-20-2015 at 03:31 PM.
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10-20-2015, 03:28 PM
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Join Date: Apr 2010
Location: Red Deer
Posts: 2,680
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Quote:
Originally Posted by TBD
canada's left parties teamed up against him with their coalition threat, he was forced into deficit spending to appease the eastern gov't / union class.
Why do people not remember this ?
Sadly in today's headline grabbing world the media is more powerful than allot give them credit ...
... and we missed our chance to muzzle the CBC with Harper, should have done it right out of the gates with his first majority - pay attention to how justin treats them - the CBC (they've been giddy over there all day) 'betcha Hubert gets that new funding model he's been whining about.
and after their cashed up they'll begin a professional biography series dedicated to cleaning up / remaking Mag's image and something new about PET and how he was the countries greats leader - blah blah blah ...
... and we'll be paying for it ! |
Exactly,But what can we expect from people who would rather have a drama teacher run thier country rather than a trained economist.We will be the laughing stock of the world.
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10-20-2015, 03:29 PM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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rembo ...
Quote:
Originally Posted by rembo
You can only withdraw money out of your SH loan if you have a balance there. You can take dividends which are taxed differently,,....assuming you have the profits to take out in the first place.
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As a shareholder of a corporation I can loan money from the business anytime I want - just right yourself a cheque and credit the SH loan account. Done !
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10-20-2015, 03:36 PM
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Join Date: Apr 2010
Location: Red Deer
Posts: 2,680
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Quote:
Originally Posted by TBD
As a shareholder of a corporation I can loan money from the business anytime I want - just right yourself a cheque and credit the SH loan account. Done !
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You're right.When I had my buisness I did this as well.Any accountant worth his salt also knows this can be done legally.
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10-21-2015, 03:54 PM
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Join Date: Aug 2015
Location: Crowsnest Pass
Posts: 95
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this was posted by Brett Wilson:
"MY POLITICAL OBSERVATIONS AND RANT
1) I admire #JustinTrudeau for his observation that in Canada - regardless of our political allegiances (or frankly race or religion, etc) we are in fact #NEIGHBOURS - NOT #ENEMIES.
2) for my friends in panic mode in Calgary - fearful of the future of the oilpatch - lets remember that the last federal PC government killed the #RoyaltyTrust structure - which was an incredible source of capital for the oilpatch - especially missed in an environment of low oil/natgas prices. It was a provincial PC party that completely screwed the oilpatch under #Stelmach's ill-conceived and poorly executed royalty review less than a decade ago (which ended up costing the oilpatch BILLIONS and had to be reversed). Selective memory failure gets us nowhere. I am cautiously hopeful that the Liberals will LISTEN - something that hasn't been a strong suit of prior governments.
3) lets celebrate that we do indeed have 4 AB Liberals with seats in Ottawa - lets hope for cabinet posts for one or more. Key voices.
4) I am unafraid of the current Liberal plan to INVEST in infrastructure - for facilities/roads/bridges etc - as I see value in jobs and improving our aging infrastructure - especially with low interest rates.
5) I mostly appreciate that we do not have a minority government - allowing us to live in a country where governing decisions will indeed be made. I will not like every decision - I never do under ANY government at any level. BUT I am not planning on leaving Canada - one of the greatest countries on earth. PERIOD."
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