Sharpshooter Posted March 27 Author Share Posted March 27 1 hour ago, MattJVD said: My big accountant idea is to deem certain loans as leases. The super wealthy avoid paying tax by having no income: If you have 10 billion worth of shares in your company, you use that as collateral for a personal $100 million loan at a very low interest rate (because there is no risk, if you don't repay the bank keeps 100 million worth of shares). Instead of paying income tax at 50%, you're paying 3% interest on the loan. When your shares appreciate, and are now worth 15 billion, you take out a new, larger loan with the same number of shares used as collateral and pay the first loan back. The tax bill doesn't come until you die and your estate sells a few shares to settle any outstanding loans. I would propose these transactions be deemed as leasing the shares to a financial institution for tax purposes, then the money you receive is earned income in the form of lease payments and is taxed appropriately. You sound like you know what you’re talking about and I have no clue what you said. Approved. Motion seconded. 1 Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted March 27 Share Posted March 27 Protection fund, bill of rights for renters coming; 'renters matter,' Trudeau says https://www.timescolonist.com/national-news/protection-fund-bill-of-rights-for-renters-coming-renters-matter-trudeau-says-8517747 1 Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted March 27 Share Posted March 27 Ottawa signs $3.7B health deal with Quebec, final province to sign onto health accord https://www.timescolonist.com/national-news/ottawa-signs-37b-health-deal-with-quebec-final-province-to-sign-onto-health-accord-8518864 1 Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted March 27 Share Posted March 27 Alberta's population surges by record-setting 202,000 people: Here's where they all came from https://www.cbc.ca/news/canada/calgary/alberta-population-records-2023-to-2024-data-1.7157110 Quote Link to comment Share on other sites More sharing options...
Maninthebox Posted March 27 Share Posted March 27 9 minutes ago, The Arrogant Worms said: Alberta's population surges by record-setting 202,000 people: Here's where they all came from https://www.cbc.ca/news/canada/calgary/alberta-population-records-2023-to-2024-data-1.7157110 Great. I love traffic! Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 27 Share Posted March 27 14 minutes ago, The Arrogant Worms said: Ottawa signs $3.7B health deal with Quebec, final province to sign onto health accord https://www.timescolonist.com/national-news/ottawa-signs-37b-health-deal-with-quebec-final-province-to-sign-onto-health-accord-8518864 remember when all the premiers said they wouldn't do this. Those were good times. 1 1 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 27 Share Posted March 27 Trudeau says conservative premiers are lying about carbon pricing "Conservative premiers across this country are misleading Canadians, are not telling the truth," he said. "Eight out of 10 families across the country in federal backstop jurisdictions make more money with the Canada Carbon Rebate than it costs with the price on pollution." https://www.cbc.ca/news/politics/trudeau-premiers-carbon-tax-1.7157396 -- Happy to see him push back hard on the premiers BS. 1 1 Quote Link to comment Share on other sites More sharing options...
Sharpshooter Posted March 27 Author Share Posted March 27 13 minutes ago, Maninthebox said: Great. I love traffic! What’s Ours is Ours. What’s Ours is now Yours. Quote Link to comment Share on other sites More sharing options...
Maninthebox Posted March 27 Share Posted March 27 "How is it we shouldn't make big polluters pay?" Boulerice demanded, accusing Moe of believing that "giant vacuum cleaners" will suck emissions out of the sky to solve climate change. Mega Maid! But seriously, it's kind of a thing... Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted March 28 Share Posted March 28 35 minutes ago, Maninthebox said: Great. I love traffic! You can have it lol. I hate the traffic which is why I live where I do. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 28 Share Posted March 28 1 hour ago, Maninthebox said: Great. I love traffic! Calgary is the only city I've been to that built their road system to make trips longer. Oh boy, more trails! Quote Link to comment Share on other sites More sharing options...
bishopshodan Posted March 28 Share Posted March 28 ‘Psychopathic’ Manitoba AI Easter Bunny ‘maybe just dealing with a lot,’ says creator https://globalnews.ca/news/10384568/manitoba-ai-easter-bunny/ 2 Quote Link to comment Share on other sites More sharing options...
Sapper Posted March 28 Share Posted March 28 PP's climate goal has 2 main themes 1 - it's all a Trudeau hoax that he has pulled on every country on earth. This one is bizarre as he is legitimately saying that Trudeau is the strongest and most skilled leader in earth's history as he has orchestrated the largest most complex hoax in our planet's history .... And has personally invented climate seeding or what ever those lunatics are calling it now ... Being able to cause rain by seeding or stopping rain by seeding would be worth trillions on the free market 2 - failing that he is basically saying fuck the planet and burn it all down ..... Let's make the most money out of any country before it ends. Someone needs to tell PP that dying with the most money doesn't actually win anything His political stunts if late make it clear he has no plans , no ideas and no clue. He is literally ripping apart our country selling hate 1 Quote Link to comment Share on other sites More sharing options...
NewbieCanuckFan Posted March 28 Share Posted March 28 1 Quote Link to comment Share on other sites More sharing options...
112 Posted March 28 Share Posted March 28 Ontario school boards sue Snapchat, TikTok and Meta for $4.5 billion, alleging they're deliberately hurting students The public boards in Toronto, Peel and Ottawa and the Toronto Catholic board allege the social media platforms are harming students. https://www.thestar.com/politics/provincial/ontario-school-boards-sue-snapchat-tiktok-and-meta-for-4-5-billion-alleging-theyre-deliberately/article_00ac446c-ec57-11ee-81a4-2fea6ce37fcb.html 1 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 28 Share Posted March 28 20 minutes ago, 112 said: Ontario school boards sue Snapchat, TikTok and Meta for $4.5 billion, alleging they're deliberately hurting students The public boards in Toronto, Peel and Ottawa and the Toronto Catholic board allege the social media platforms are harming students. https://www.thestar.com/politics/provincial/ontario-school-boards-sue-snapchat-tiktok-and-meta-for-4-5-billion-alleging-theyre-deliberately/article_00ac446c-ec57-11ee-81a4-2fea6ce37fcb.html it'll be interesting to see if they can actually prove the harms. Quote Link to comment Share on other sites More sharing options...
112 Posted March 28 Share Posted March 28 8 minutes ago, Bob Long said: it'll be interesting to see if they can actually prove the harms. For sure. I imagine there are already a lot of studies on it. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 28 Share Posted March 28 28 minutes ago, 112 said: For sure. I imagine there are already a lot of studies on it. thats what I'm curious about, how much of that will stand up in court. Personally I'm glad to see this, so much of social media is a toilet. Some good things too but its about time someone made things a bit more accountable. 1 1 Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted March 28 Share Posted March 28 https://www.reuters.com/business/finance/bank-canada-likely-lead-us-fed-rate-cuts-2024-03-26/ OTTAWA, March 26 (Reuters) - The Bank of Canada (BoC) is likely to move ahead of the U.S. Federal Reserve on its first rate cut, as tepid economic growth and cooling inflation are priming up conditions to ease borrowing rates sooner, economists and analysts said. The Canadian central bank may also need deeper cuts in the current cycle, since the economy is much more sensitive to interest rates due to its household debt, which as a percentage of net disposable income is the highest among G7 countries, they warn. 1 Quote Link to comment Share on other sites More sharing options...
Maninthebox Posted March 28 Share Posted March 28 2 hours ago, NewbieCanuckFan said: Did Smith complain about 'too many immigrants'? Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted March 28 Share Posted March 28 3 hours ago, NewbieCanuckFan said: LMFAO the actual article doesn’t even match what this person tweeted. Smith was talking about Ukraine immigrants specifically and how she wanted to have more control over the number of Ukraine immigrants coming into Alberta. In the letter to Trudeau, Smith said the current 9,750 figure was imposed without notice. She estimates that 90 per cent of Ukrainian refugees in Alberta will seek permanent residency. Smith said the limit does not make economic sense, given that Alberta has 12 per cent of the population but leads the nation in net employment growth. "Alberta continues to be the economic engine of Canada," wrote Smith. "The decision on Alberta's 2024 allocations represents a reversal of previous commitments by the federal government, and negatively impacts Alberta's ability to grow and diversify its economy." Quote Link to comment Share on other sites More sharing options...
Bob Long Posted March 28 Share Posted March 28 32 minutes ago, Maninthebox said: Did Smith complain about 'too many immigrants'? are you really suggesting that the right wing in Canada hasn't been saying that? Quote Link to comment Share on other sites More sharing options...
NewbieCanuckFan Posted March 28 Share Posted March 28 7 minutes ago, Elias Pettersson said: LMFAO the actual article doesn’t even match what this person tweeted. Smith was talking about Ukraine immigrants specifically and how she wanted to have more control over the number of Ukraine immigrants coming into Alberta. In the letter to Trudeau, Smith said the current 9,750 figure was imposed without notice. She estimates that 90 per cent of Ukrainian refugees in Alberta will seek permanent residency. Smith said the limit does not make economic sense, given that Alberta has 12 per cent of the population but leads the nation in net employment growth. "Alberta continues to be the economic engine of Canada," wrote Smith. "The decision on Alberta's 2024 allocations represents a reversal of previous commitments by the federal government, and negatively impacts Alberta's ability to grow and diversify its economy." She is only backtracking on her earlier comments about the Poutine military invasion of Ukraine. She forgotten that a large amount of Albertan voters are of Ukrainian ancestry. Being pro-immigration with respect to Ukrainians is meant to deflect that major faux pas Quote Link to comment Share on other sites More sharing options...
Maninthebox Posted March 28 Share Posted March 28 14 minutes ago, Bob Long said: are you really suggesting that the right wing in Canada hasn't been saying that? No, I asked if Smith has been saying that. Quote Link to comment Share on other sites More sharing options...
MattJVD Posted March 28 Share Posted March 28 32 minutes ago, Elias Pettersson said: LMFAO the actual article doesn’t even match what this person tweeted. Smith was talking about Ukraine immigrants specifically and how she wanted to have more control over the number of Ukraine immigrants coming into Alberta. In the letter to Trudeau, Smith said the current 9,750 figure was imposed without notice. She estimates that 90 per cent of Ukrainian refugees in Alberta will seek permanent residency. Smith said the limit does not make economic sense, given that Alberta has 12 per cent of the population but leads the nation in net employment growth. "Alberta continues to be the economic engine of Canada," wrote Smith. "The decision on Alberta's 2024 allocations represents a reversal of previous commitments by the federal government, and negatively impacts Alberta's ability to grow and diversify its economy." Yes it does, it says Smith asked for the 9,750 figure to be changed to 20,000 and allow for 10,000 more Ukrainians on top of that. Quote Link to comment Share on other sites More sharing options...
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