Tuesday, October 4, 2022

CANADIAN CONSUMER TAX INDEX 2022

   The Canadian Consumer Tax Index tracks the total tax bill of the average Canadian family from 1961 to 2021. Including all types of taxes, that bill has increased by 2,440% since 1961.
   Taxes have grown much more rapidly than any other single expenditure for the average Canadian family: from 1961 to 2021, expenditures on shelter increased by 1,751%, clothing by 643%, and food by 790%.
   The 2,440% increase in the tax bill has also greatly outpaced the increase in the Consumer Price Index (802%), which measures the average price that consumers pay for food, shelter, clothing, transportation, health and personal care, education, and other items.

Monday, October 3, 2022

LIBERALS' DEFENSE OF THEIR CARBON TAX IS INDEFENSIBLE

For some background: the Conservative opposition is advocating for the government to pause any further increases to the harmful carbon tax which has been costing Canadians severely at the pump and on most other bills for a long time now.

The Conservatives are joined in this effort by advocacy groups, as well as provincial governments across Canada, including Newfoundland & Labrador Liberal Premier Andrew Furey.

The government’s response to Canadians begging for help was swift: “No.”

DEMOGRAPHIC TIME BOMB HAS ARRIVED

 Unlike interest rates or the weather, long-run demographic trends are highly predictable. Today, we are facing a demographic storm that will have far-reaching impacts on the economy and geopolitics.

Labour markets will be tight for years to come, which will fuel inflation. With falling national saving rates, the saving glut and low real interest rates that have spurred investment will disappear. Like Japan in recent years, GDP growth will stall in many high- and middle-income countries, as more people leave the workforce. Unless productivity remarkably improves, annual GDP growth will fall below 1.5 per cent in many large countries, half the typical post-Second World War rate of three per cent.

COMPARISON OF PROVINCIAL TAX RATES

Comparing Provincial Marginal Tax Rates for Middle Income Earners Across Canada finds that middle-income workers in Atlantic Canada pay much higher provincial personal income tax burdens than Western Canadians earning similar amounts. In fact, whereas Atlantic Canadian workers who earn the national average income ($52,750 in 2022) face provincial personal income tax burdens ranging from $4,463 in New Brunswick to $5,318 in Nova Scotia, workers in Western Canada earning the same amount pay provincial income tax burdens of between $2,353 in British Columbia and $3,914 in Saskatchewan.

Sunday, October 2, 2022

THE COVID JAB CAN HAVE DEVASTATING CONSEQUENCES

 We present a second opinion on the safety and effectiveness of the covid jabs.  We're giving the vaccine-injured a voice.

LANDOWNER FIGHTS FEDS OVER PROPERTY REGULATIONS

Conservation is a twisted liability for Gray Skipper and the Alabama landowner feels betrayed by his own government. Despite Skipper’s family allowing decades of public access to private property for conservation, scientific research, and recreation, a federal agency has dropped a critical habitat designation on 10,000 of the family acres in the name of a threatened snake that doesn’t live on the ground. “No good deed goes unpunished,” Skipper exclaims. “Where has reason gone in this country?”

In February 2020, the U.S. Fish & Wildlife Service (FWS) tagged 324,679 acres in Alabama and Mississippi as critical habitat for the black pinesnake, including 93,208 acres of private land. Even with only a single black pinesnake sighting on Skipper’s property across almost 30 years, and 60 years of family effort toward habitat preservation, he now is under the regulatory weight of a federal decree that permanently alters the value of his ground and silviculture business. FWS insists economic loss to private landowners, including Skipper, will be minimal. “Who believes that?” he asks. “This is the very definition of overreach.”

Represented by Pacific Legal Foundation (PLF), Skipper is in a legal battle as the lead plaintiff in a suit against FWS and the Department of the Interior (DOI). “Office bureaucrats that preach about saving species and taking care of the land are hypocrites because they do nothing but hurt their own cause by breaking trust with private citizens,” Skipper contends. “What landowner wants FWS to show up at their gate? Really, who in the hell actually trusts FWS anymore?”

AS PRICES SOAR, DAIRY FARMERS PLEAD POVERTY

Home to more than half of the country’s dairy farms (4,675 of 9,952), the province of Quebec boasts two of the country’s biggest processors – Agropur and Saputo – and is the dominant force shaping Canada’s milk policy.

But it’s not the agricultural land of milk and honey we expected to find. Instead, it seems, almost nobody is entirely happy with the way supply management is functioning.

Farmers say they are still struggling. Restaurants say price increases are pushing them to closure. Critics say supermarket prices are artificially inflated without international competition. Politicians, leery of offending voters, don’t say much at all.