Tag Archives: Canada National Debt

Politics

Pierre Poilievre promises patriotism but stays vague about U.S. tariff threat

Canada’s National Observer, Local Journalism Initiative Reporter

On the eve of Prime Minister Justin Trudeau’s meeting with premiers to tackle the threat of looming U.S. tariffs, Conservative Leader Pierre Poilievre was on the West Coast hosting a packed “axe the tax” rally. 

Poilievre’s speech Tuesday night to the large crowd at Dwight Hall in Powell River was heavy with patriotism but didn’t address how he’d tackle incoming U.S. president Donald Trump’s promise to impose a 25-per-cent tariff on Canadian goods. 

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Finances, Politics

Canada’s National Debt in 2023 (Includes Cortes and Area C data)

According to the Canadian Taxpayers Federation, the National Debt is now close to $1.21 trillion dollars, which amounts to $30,602 per Canadian. The government expects to pay more than $46.5 billion to service the debt for 2023/24. This exceeds 10% of the federal revenue threshold, recommended by David Dodge, former Bank of Canada Governor. A report from the Fraser Institute states: “In 2021, the average Canadian family (in which two partners are working) earned an income of $99,030 and paid total taxes equaling $42,547 (43.0%).” What does this mean on Cortes Island? Or in Area C?

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Uncategorized

Collapse Now, Avoid The Crush

This year has seen a couple of fairly major shocks to the global industrial economic system that so many of us rely upon. One could say that we had a near-collapse experience.

I thought it might be wise to take a moment, step back, and have a look at the bigger picture. To see where western civilization is at, what’s driving us and what kinds of a future we might want to plan for. How does the pandemic fit with other threats to stability.

To help me with this, I sought out the ideas of a Cortes Island thinker and researcher who deals with a lot of the sh*t on this island that most people would rather flush away without looking at – he’s a plumber, but so much more.

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Finances, Politics

Canada’s National Debt

The current Trudeau government is expected to have added at least $73 billion to the national debt. This greatly exceeds their original forecast of “modest short-term deficits of less than $10 billion in each of the next two fiscal years” – but is Canada’s National Debt a problem?

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Indigenous Nations, Politics

Mark De Bruijn, Green Candidate for Powell River – North Island

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In the first of my interviews with the candidates, I visited the home of Mark de Bruijn. Cortes Islanders may remember him as a former principal of our elementary school; He has also worked as a science teacher, college lecturer and former biologist for Canada’s Department of Fisheries. Now Mark de Bruijn is the Green Party of Canada’s candidate for North Island – Powell River.

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