Wednesday, January 8, 2025

Did Canadians become wealthier under Trudeau?

Did Canadians become wealthier under Justin Trudeau?

FACT CHECK: Toronto Star claims Canadians ‘became wealthier’ under Trudeau... | Western Standard | Shaun Polczer, Business Editor:

Janury 7, 2025 - "Prime Minister Justin Trudeau had barely submitted his resignation before the Laurentian apologists in the self-proclaimed Centre-of-the-Universe media elites — ie: The Toronto Star — began spouting revisionist proclamations on his 10-year legacy.... Elon Musk infamously called Ontario’s paper of record ‘the Canadian Pravda’ and it’s not hard to understand why. 

Specifically, the Steel Town Supernova claimed in an op-ed on Monday that 'there’s still no arguing Canadians became wealthier while he was in power'.... 

"[N]otwithstanding that 2 million Canadians visited food banks in 2024, according to Food Banks Canada which was up 90% from 2019 and almost triple from 2015 ... Nonetheless, the paper’s business columnist uses a host of economic indicators that presumably show that Canada’s economy is second only to Germany in the pantheon of developed countries.... 

"For instance, it suggests 'the Canadian economy grew by 41% to $3.1 trillion' in 2023 compared to just 18% under Trudeau’s predecessor, Stephen Harper. But that’s a bit of a sleight of hand depending on currency translation. According to the World Bank, Canada’s gross domestic product (GDP) in 2023 was just USD$2.14 trillion compared to USD$1.56 trillion when Trudeau came to power in 2015. That works out to 28%....And ... according to the Bank of Canada’s own numbers the Canadian dollar has depreciated more than 17% since 2015 which has the effect of artificially increasing that growth rate. In real percentage terms — which is what economists use — GDP growth last year was flat at 1%, the same as it was in 2015 and about half of the long-term average of 2%....

"Further, The Star claims per Capita income grew 23% under Trudeau’s watch, to $77,700 according to the International Monetary Fund. Again, that’s highly misleading. According to the World Bank, Canada’s per capita GDP was USD$44,388 in 2023 which was ... up only marginally from $43,600 in 2015 — or barely two per cent....

"The Star claims Canada’s federal debt to GDP increased to just 50% in 2023 compared to 43% in 2015, second only to Germany at 43%. The Western Standard’s fact checkers aren’t sure where those numbers came from. According to Hong Kong based CEIC Data, which maintains databases used by academic institutions around the globe, that figure was 66.9% in 2023, which was up from 53% in 2015 based on Statistics Canada figures and numbers from the Finance Department.

"More telling, however, is TOTAL government debt which includes provincial deficits. That number is a staggering 107.5% according to the International Monetary Fund.... Even more troubling is the ration of private debt to GDP, which stands at 269% compared to 258% in 2015 when Trudeau was elected. 

"The Star does make some accurate points, [such as] noting the federal government spent $34 billion to build the Trans Mountain pipeline to benefit Alberta — but failed to mention it was more than $25 billion over budget.

"'Trudeau came to office with a mandate to engage in deficit spending, and spend he did,' it said. Indeed, he did. And Canadians will be paying for it long after he’s gone."

Read more: https://www.westernstandard.news/business/fact-check-toronto-star-claims-canadians-became-wealthier-under-trudeau/60945

Tuesday, January 7, 2025

Trudeau to resign in future - now what?

Justin Trudeau's announcement that he has prorogued Parliament and will resign following a Liberal leadership campaign means that Canada will have a dysfunctional federal government for at least half a year, just in time for the incoming Trump presidency. 

Trudeau says he's not the right choice to lead party in next election, promises to resign as PM | CBC News | Catharine Tunney:

January 6, 2025 - "Prime Minister Justin Trudeau says he plans to step down once the Liberal Party has chosen a successor, bringing his time leading the country to a tumultuous end. Trudeau, who became Liberal leader in 2013 and prime minister in the fall of 2015, announced his long-awaited decision outside his official residence, Rideau Cottage, on Monday morning following weeks of speculation and weakened support from his caucus.... Trudeau also announced that he met with Gov. Gen. Mary Simon on Monday morning and that she has agreed to prorogue, or suspend, Parliament until March 24."

Read more: https://www.cbc.ca/news/politics/trudeau-news-conference-1.7423680

Justin Trudeau's resignation as prime minister | CityNews | January 6, 2024:

Vain. Vile. Vacuous. Trudeau was too cowardly to face the music | Western Standard | Derek Fildebrandt:

January 6, 2025 - "Justin Trudeau took the coward's way out today, denying Canadians the opportunity to cast direct judgment on his leadership at the ballot box.... Trudeau II has been a zombie prime minister for well more than a year now, and it has been glaringly obvious to all but himself and the most delusional of TruAnons. The pressure was overwhelming, but it was allowed to take this long — leaving Canada dangerously exposed at a moment of national crisis — because the even more cowardly Liberal caucus refused to do the obvious thing and remove him.... 

"[T]hey ran out of time last year to replace their leader in a way that would have allowed for an orderly transference of power and kept even a glimmer of hope for hanging onto government. They waited until now — until Canada faces an existential economic threat from Trump tariffs, until Liberal corruption coverups have completely paralyzed Parliament, and until Liberal polling sinks to apocalyptic depths — to finally do what the entire country knows needed to happen a long time ago. The Liberals have failed to win the most votes in two straight elections under Trudeau and since Pierre Poilievre became Conservative leader, have seen their already low poll numbers collapse into lows never before seen by that party.... 

"Canadians have wanted and needed an election for well over a year, but NDP Leader Jagmeet Singh has cynically propped this government up the entire time. He has promised to vote non-confidence in Trudeau eventually, but only after his gold-plated pension vests at the end of February. Trudeau did Singh a solid favour in his resignation speech by proroguing (suspending) Parliament until March 24, sparing the beleaguered NDP leader from the humiliation of continuing to vote confidence in the Liberals until that magic pension date is reached....

"If Trudeau had any sense of putting the country first, he would have called an election today so that Canada had a functioning, democratically legitimate government that could negotiate with Trump when he was sworn in as president on January 20. Instead, the Liberals will spend the coming months on an internal leadership race to select their very own Kim Campbell....

"But wait, there's more. The federal government will run out of money when the fiscal year ends on March 31, and so the new Liberal prime minister will have to pass a speech from the throne and a budget in those seven days, both of which are confidence votes, and for all intents and purposes, impossible....  So, after the Liberals spend months selecting and transitioning to a new leader, Canada will likely spend five weeks in an election. That takes us to May 5th. The transition from prime minister Chrystia Freeland or Mark Carney to Pierre Poilievre will likely take another two weeks before they are even sworn in, taking us to late May.

"This means that Canada will have no functioning federal government for the next half a year, while Donald Trump throws over the table of our economic and political relationship. In the moment of Canada's deep economic peril, the Liberals will play games to extend their grip on power for just a few more months, all with the collusion of Jagmeet Singh for his pension. 

"Canada is governed by a class of deeply vain, vile and vacuous fools. Their corruption and willingness to put their own interest before the country's knows no limit. They have betrayed their country for 30 pieces of silver. When judgement comes, none of them should be left."

Read more: https://www.westernstandard.news/canadian/fildebrandt-vain-vile-vacuous-trudeau-was-too-cowardly-to-face-the-music/60911

Monday, January 6, 2025

Russian Duma votes to ban 'childfree propaganda'

In November the lower house of the Russian Parliament unanimously approved a bill banning "propaganda in favor of a childfree lifestyle."

Russia: Ban on “propaganda” in favor of child-free lifestyles | International Federation for Human Rights (FIDH):

November 14, 2024 - "Russia continues its ultra-conservative shift. Two days ago the Duma unanimously passed a bill banning the dissemination of neutral or positive information about being childfree on the Internet, in the media, films, and advertisements. This law still needs to be approved by the upper house before being sent to President Vladimir Putin for final approval. It includes significant financial penalties, which can reach up to 400,000 rubles for individuals (around $4,200) and 5 million rubles for companies (nearly $50,000). There is also the risk of administrative arrest and deportation for non-Russian citizens.

"This law is part of the ongoing ultra-conservative turn that Russia has taken in recent years.... In 2020, Russian authorities made significant revisions to the Constitution, notably adding Article 67, which states that "children are the most important priority of Russian state policy." Similarly, in November 2022, President Putin signed a decree titled 'Foundations of State Policy for the Preservation and Strengthening of Traditional Russian Spiritual and Moral Values.' The decree asserts, among other things, that the country’s demographic situation is threatened by the 'destructive ideological influence' exerted on Russian citizens, propagated by 'the United States of America and other unfriendly foreign states'.... 

"The year 2024 has been declared in Russia as the 'Year of the Family'... Divorce fees have been increased eightfold, laws have been passed prohibiting 'incitement to abortion' and .. private clinics in certain regions are now refusing to perform voluntary abortions.

"The newly passed law bans the dissemination of information about the 'childfree' movement (a term used for people who consciously choose not to have children, whether for personal, economic, or environmental reasons).... Once the law comes into effect, Russian citizens will no longer be allowed to say or write anything that promotes a 'positive image of childlessness and the conscious choice not to have children, unless this choice is related to medical contraindications.'

"This legislation ... adds to a series of repressive laws aimed at restricting freedom of expression, reinforcing an environment of censorship where any opposition to the state’s pronatalist directives is gradually being criminalised, similar to the law passed on 24 November 2022, which completely bans "LGBT propaganda" and expands the 2013 ban on the dissemination of information to minors.

"FIDH is monitoring and expressing concern over this new attack on women’s rights, which is part of a global trend of regression and the rise of reactionary ideologies."

Read more: https://www.fidh.org/en/issues/lgbtqi-rights/russia-ban-on-propaganda-in-favor-of-childfree-lifestyles

Russia steps up its war on childlessness | Voice of America | November 27, 2024:

Saturday, January 4, 2025

Things are starting to go "right" with the world

In his year-end review, Western Standard publisher Derek Fildebrandt celebrated a resurgent conservatism he called the "new right" which is reshaping politics and culture throughout the world. 

2025 will be the Year of the New Right | Western Standard | Derek Fildebrandt:

December 31, 2024 - "The last few years have seen political and social earthquakes across the Western world. The most obvious was the comeback election of Donald Trump in November, but there are other major events pointing toward a (mostly clear) trend for 2025.

"In Italy, Giorgia Meloni led her ironically named Fratelli d'Italia (Brothers of Italy) party to become that country's first woman prime minister. She is the first national leader of Europe's new right to take power in a major country.

"German Chancellor Olaf Scholz's leftist coalition has fallen, and that country will have an election in February.... Elections in several eastern German states saw major gains and even outright victories for the Alternative für Deutschland, that currently sits in second place nationally.... 

"Javier Milei ran an (awesomely) insane libertarian insurgency against Argentina's kleptocratic establishment, becoming president in 2023 with a slogan of "Viva la libertad, carajo!", which translates as "Long live freedom, dammit!" He led a veritable revolution in that banana republic and made a remarkable turnaround in a breathtakingly short period of time.

"The UK saw Keir Starmer's Labour Party form a majority government.... But the Labour vote didn't increase much; it was more that the rightist vote split between the Conservatives and Nigel Farage's upstart Reform Party. The Labour government's popularity fell off a cliff almost immediately after taking power.... Britain still has more than three more years of Labour to endure, but Reform is now effectively tied with them and the Tories in a three-way race.... 

"Which brings me ... to Canada. Justin Trudeau has so thoroughly outstayed his welcome that the Liberals face electoral obliteration. Some projections even have them coming in fourth place, should current polling hold. Pierre Poilievre stands to potentially form the largest majority government in Canadian history with a new right coalition. What do I mean by 'new right'?... I'd broadly outline it as a working and middle-class, nationalist and anti-establishment coalition. It is generally free-market, but less doctrinally committed to it [than] Reaganite conservatism.... 

"2024 was the year that the tide of the culture war turned. Peaking with the madness of Black Lives Matter racialism in 2020 and gender ideology run amuck, 2024 saw the fear that held together the false social consensus of 'wokeism' crumble spectacularly. Diversity, Equity and Inclusion (DEI) regimes in major corporations are dropping like flies.... 

"Elon Musk's purchase of Twitter in 2022 was perhaps the most important ingredient, allowing people to speak freely on the transformed X platform without fear of censorship. Almost as important was the radical social upheaval and loss in faith of institutions that came from lockdowns and mandates during the COVID-19 witch hunt that 'red-pilled' many normies into anti-establishment politics.... The economic and fiscal fallout from government policies during the COVID-19 era is still acutely felt....  Inflationary deficit spending by governments has driven up the cost of almost everything. Green-fad policies have added to it and are felt by many to be a 'luxury belief,' especially for young people who are realizing that they may never own a home until their parents die.

"The cross-partisan immigration consensus across the West has entirely collapsed.... Where only an (actual) 'small fringe minority' were vocally opposed to mass migration just four years ago, there is now a broad consensus that it's time to crack down.

"Faith in the legacy media has evaporated in many countries, exacerbated by the now self-evident lies that they parroted from governments during the COVID-19 years. Canada's Liberal government has managed to regulate and license the Canadian press into quasi-government employees in an effort to prop up the legacy media.... But try as Trudeau might, it has only slowed the inevitable. When Poilievre takes power sometime in 2025, he promises to defund the (English) CBC and abolish the media subsidies and regulations. This would trigger an overnight apocalypse of the remnants of the Canadian legacy media and allow fertile soil for the independent media to resume its inevitable flowering"

Read more: https://www.westernstandard.news/canadian/fildebrandt-2025-will-be-the-year-of-the-new-right/60652

Thursday, January 2, 2025

Higher taxes coming to Canada in 2025

Happy New Year! These Canadian federal taxes are set to increase in 2025:

These are the federal taxes set to rise in 2025 | Western Standard | Western Standard News Services:

January 1, 2025 - "Canadians are facing a series of tax increases in 2025, according to a report released by the Canadian Taxpayers Federation (CTF). The hikes include higher payroll contributions, increased carbon taxes, and automatic alcohol tax adjustments.... 

"'Tax hikes will give Canadians a hangover in the new year,' said Franco Terrazzano, CTF Federal Director. 'In 2025, the Trudeau government will yet again take more money out of Canadians’ pockets with payroll tax hikes and will make life more expensive by raising carbon taxes and alcohol taxes'....

"Mandatory Canada Pension Plan (CPP) and Employment Insurance (EI) contributions will increase in 2025. The changes will cost workers up to $403 more annually, with federal payroll taxes totaling $5,507 for individuals earning $81,200 or more. Employers will also see their share rise to $5,938 per employee....

"The federal carbon tax is set to rise on April 1, increasing to about 21 cents per litre of gasoline, 25 cents per litre of diesel, and 18 cents per cubic metre of natural gas. According to the Parliamentary Budget Officer, the tax will cost the average household between $133 and $477 in 2025-26, even after accounting for rebates....

"Alcohol taxes will increase by 2% on April 1 under the federal alcohol escalator tax. The automatic annual tax hike, introduced in the 2017 federal budget, has cost taxpayers more than $900 million since its implementation, according to Beer Canada. The 2025 increase is expected to add another $40.9 million to that total....

"In a move to provide some relief, the federal government announced a two-month sales tax holiday on specific items, including pre-made groceries, children’s clothing, and snacks. The holiday ... ends on Feb. 15....

"The report also highlights recent tax changes introduced in Budget 2024, such as increases in [income subject to] capital gains taxes and the implementation of a digital services tax and an online streaming tax."

Read more: https://www.westernstandard.news/news/these-are-the-federal-taxes-set-to-rise-in-2025/60622

Trudeau hiking taxes again in 2025 | Canadian Taxpayers Federation | December 18, 2024:

Read full report: https://www.taxpayer.com/media/new-years-tax-changes-ctf-2025.pdf

Sunday, December 29, 2024

Milei tames deficit and inflation in first year

Argentine president Javier Milei ends his first year in office with a combined budget surplus of $3 billion and an inflation rate that is down by almost 90%. But plenty of problems remain in the country.

Javier Milei’s first year: $3 billion surplus and tenfold lower inflation in 2024 | Financial World | Sededin Dedovic:

December 14, 2024 - "A year after Argentine President Javier Milei came to power, after deep reforms and a drastic reduction in public spending, Argentina had a tenfold lower inflation rate. The controversial Argentine president introduced free trade in the country, and Argentina has a budget surplus after more than a century. President Milei and the government hope that the new laws, which offer investors decades of tax and customs relief, will quickly attract capital and curb the recession.

"Although challenged by the public, Milei firmly advocated for the reduction of public administration, which won the favor of younger voters and won the election with 55 percent of the vote. He fulfilled his campaign promises quickly after coming to power, resulting in a $3 billion budget surplus a year later. 

"The peso was devalued, price controls were lifted, numerous public works were suspended, and local government budgets were cut tenfold. It was 'shock therapy' ... that initially led to many unemployed people and a huge recession. Many Argentines were skeptical about these changes, and many world media outlets wrote that Milei would further set Argentina back. However, the number of poor people is lower than a year ago, and [monthly] inflation fell from 25 percent in December last year to 2.7 percent. 

"Although this looks good statistically, ordinary citizens still can't feel any significant improvement. The country is in deep problems that have been accumulating for decades due to poor economic strategy and debt.... 

"Milei and the government hope that the new laws, which offer investors decades of tax and customs relief, will quickly attract capital and curb the recession. However, large global corporations and investors are still waiting for the new laws to stabilize in Argentina, and the number of foreign investments is only slightly higher than last year. The IMF does not expect the Argentine economy to grow this year, but rather to decline by 3.5%....

"Milei needs economic stability both for foreign investment and to reassure the public in a country that is facing such significant changes for the first time in decades. The initial adjustment has hit the working and middle classes hard because historically the largest part of government spending has been concentrated in these segments. However, some changes for the better for the Argentine population can already be felt, and [one] is the fall in [inflation] compared to December last year....

"Although there was much skepticism at the beginning of his presidency, even among his voters, today Milei has a stable approval rating of 50 percent....

"Most of the reforms implemented in Argentina under Milei — the abolition of price controls, the elimination of subsidies, and the dismantling of import tariffs and export restrictions — are policies the developed liberal world has long abandoned. Milei is trying to create a modern and functional Argentina modeled after Western models of states, after decades of accumulating problems and a complicated system of governance with an overly large state administration."

Read more: https://www.financial-world.org/news/news/financial/27591/javier-mileis-first-year-3-billion-surplus-and-tenfold-lower-inflation-in-2024/

Video begins at 2:13.

Saturday, December 28, 2024

Conservative creators hit with copyright claims

The state-owned Canadian Broadcasting Corporation (CBC) has been accused of targeting conservative online political content creators with questionable copyright claims.  

CBC issues "bogus" copyright claims against conservative content creators | Western Standard | James Snell:

December 19, 2024 - "The CBC, financed to the tune of around $1.4 billion by taxpayers, has imposed potentially 'bogus' copyright claims on political content creators. The Pleb Report, Northern Perspective, This Guys Garage, PortuguesePai, Made Great Canadian Media, and Unacceptable Fringe have been challenged by the national broadcaster.... 

"'The CBC is so desperate for money, they are now attacking content creators for their monetization,' said the creator of Youtube channel PortuguesePai. 'I've been personally dealing with this for over a month, and it's kind of been a little sporadic here and there — they'll hit me with a claim every so often, and I usually am able to deal with it and get it off my channel. However today, as I was finishing work, I got hit with back to back copyright claims on (my) latest two videos'....

"In response to the copyright claims, one critic said, 'They've been doing this to conservatives for years.' The CBC has also challenged commentator Brian Lilley with copyright claims related to Youtube videos....

"'So, basically the government's public news agency is now doing pseudo social media policing,' said another angry critic.... 'Fight it tooth and nail.'

"Another X user responded, 'CBC is owned by all Canadian taxpayers and should have no claims to copyright infringement laws if used by Canadian taxpayers. They do not own the content. The Canadian taxpayers own the content.'"

Read more: https://www.westernstandard.news/canadian/cbc-issues-bogus-copyright-claims-against-conservative-content-creators/60664

CBC has unleashed a WAR on Content Creators. Lets FIGHT back | PortuguesePai | December 19, 2024: