fed budget

[cottonpicken]

Capital gains exsemption raised to 800k,indexed to
inflation.

Scary stuff on oil around page 24,looks like they are
preparing us for a disconnect between international
and domesic price.

[mbdog]

roskpile...what can I say to that other than you're just plain stupid.

The budget was good because there was nothing special, no goodies, just the perception that things are steady and moving in the right direction. I don't sit there waiting for handouts like some people. The headlines are enough and have the broadest effect. Stale, boring, hand on the rudder goes along way to building investment confidence.

If you want to read the 300 pages ....go right ahead, The same pages are read and analyzed but a host of people reporting from all political stripes....and they all conclude within 1/2 hour, there is nothing major here. Steady as she goes is good enough for me.

[mustardman]

According to Canadian Taxpayers Assoc They
have Taken $ 58 Billion (that's Billion ) from Ei
that was paid in by workers to help balance the
budget

[rockpile]

Well mbdog, I am just plain stupid I guess. I see no
plan, no vision, no innovation and no leadership.
Deficit for Federal initiatives downloading the cost
to Provinces. And onto your credit card. Middle
class , the driver of a consumptive economy
ignored, while bragging lowest corporate tax rate in
G-7, which has done nothing but caused takeovers
and bleed outs to foreign interests and investors
(CP Rail a good example) and leaving nothing
behind. All about looking good in 2015, no interest
in good Governance and responsibility. BTW, my
Con plant, I don't advocate for higher taxes, there's
enough money on the table already, just needs to
be invested wisely. Oh and did I mention the shit
kicking our armed forces took? Rumour has it that
next year the Snowbirds will be displaying the most
awesome kite show ever seen across the country.
Roskpile

[15444]

Rockpile,

So I assume your voting Liberal in 2015 then?

[rockpile]

15444- since the first time I earned my franchise to
vote, I may not vote at all. It might be a non vote
protest. Before Justin gets my nod, he has a lot to
prove. Nice hair just doesn't quite cut it!

[ado089]

I agree rockpile

[mbdog]

rockpile....which in turn is downloaded on the municipalities, which in turn is downloaded, to a large part, on agriculture industry and the producers of this country.

Do you make a connection between this and the lack of producers or interest in becoming a producer, or the declining tax base in a lot of western Canada. Do you make a connection at all with where and what the 4.1 million dollars in freight charges that was taken from our area was spent on or supporting?...how much went to entitlements????? No new/rolling back entitlements is good news for business.
This was a good budget as presented, and good for ag investment

[Horse]

I got it all figured out all you have to do is declair yous is gay and the vaults open, they fly flags at city hall and the politicions all bend down.

[fjlip]

Gay farmers? What are they so happy about, would be a question 50 years ago.?

[cottonpicken]

Ok.....

-smokers getting hit again on duty,they should start
taxing sugar so those people can help pay their own
medical expences like the rest of the vices do.

-experiment going on at north portal,new type of
entry system,sounds like amalgamated
crossing,seems like they are working hard to make
the boader easier and faster everywhere

-transporing of booze across provincial lines,helps
saskatchewan out

-if your a cattle guy theres a new tax defferall plan if
you have to liquidate your herd and buy back
breeding stock

-bitcoin,they dont like it

-adopted kid tax credit raise,only mention it for was
it Jag?

-800,000capital gains thing raise

-oil and the transport problems,now canadas number
one export,producers prepare for lower prices,they
may as well be telling farmers to prepare for lower
prices as well as we disconnect from international
prices,man does this ****ing suck.

-our forex reserves seem much,much lower than i
rember them being

-looks like we only need 100 billionish for short term
bond roll overs this year,thankfully our debt is in
demand

-total debt 650 billion,under his watch 130 billion?

-if i could ask him one question it would be,how can
you be so optamistic about the american recovery?
They have spent OODDLES of money for a couple
point gain in gdp,this suggests a complete stall.

-second question,when calculating gdp why do you
not subtract inflation?

-He shouldnt piss on people and tell them its raining
with our taxes are low b.s

-all in all i dont blame him for anything,even the
second most powerfull man in canada is at the mercy
of so many variables out of his control

-his interview with mans bridge freaked me a
little,had a look saying folks western world has got
some problems that cant fixed,maybe that is just me
reading to much into it.

-when you consider ontarios budget is around 100
billion and the federal is 250,alot of skeletons lay in
the provencials like some have mentioned.

[oneoff]

Cotten...I noticed the 10 million dollars for North Portal crossing too.

But not a mention of Northgate border crossing in the whole document; and that would involve the equivalent of a new seperate 24 hour port for trains.
I wouldn't be suprised if there's a customs/security/immigration/bonded port/broker/ work visa issue that hasn't yet been settled on both sides of the 49th parallel