https://www.smalldeadanimals.com/2025/01/30/featured-comment-30/
“The only fly in the ointment in step 3 is that CT Carney needs a 2/3 majority vote in parliament to officially declare an emergency. Speculation is that would be difficult, because hopefully the cons won’t fall for it. Then I can imagine the government, and the media, blaming the conservatives for “not putting Canada first!”
We’re done, folks. Unless these stupid Canuckistans finally wake up in time to avoid the trap that’s being laid out for them, we’re going to get spoon-fed socialism for generations to come.”
https://www.westernstandard.news/opinion/gwyn-morgan-mark-carneys-fiscal-fantasy-will-bankrupt-canada/66115
“Mark Carney was supposed to be the adult in the room. After nearly a decade of runaway spending under Justin Trudeau, the former central banker was presented to Canadians as a steady hand — someone who could responsibly manage the economy and restore fiscal discipline.
Instead, Carney has taken Trudeau’s recklessness and dialled it up. His government’s recently released spending plan shows an increase of 8.5 per cent this fiscal year to $437.8 billion. Add in “non-budgetary spending” such as EI payouts, plus at least $49 billion just to service the burgeoning national debt and total spending in Carney’s first year in office will hit $554.5 billion.
Even if tax revenues were to remain level with last year — and they almost certainly won’t, given the tariff wars ravaging Canadian industry — we are hurtling toward a deficit that could easily exceed three per cent of GDP, and thus dwarf our ...
Illustrating the Potential of an Alberta Pension Plan
Due to Alberta’s comparatively high rates of employment, higher average incomes, and younger population, Albertans would pay a lower contribution rate with a separate provincial pension plan, compared with the CPP, while receiving the same benefits as under the CPP.
Put differently, moving from the CPP to a provincial pension plan would generate savings for Albertans, which could be used to increase private retirement income. This essay assesses the potential savings for Albertans of moving to a provincial pension plan. It also estimates an Albertan’s potential increase in total retirement income, if those savings were invested in a private account.
Depending on the contribution rate used for an Alberta pension plan (APP), ranging from 5.85 to 8.2 percent, an individual earning the CPP’s yearly maximum pensionable earnings ($71,300 in 2025), would accrue a stream of retirement payments under the total APP (APP plus private ...