Almost 2 months and Trudeau almost has us Broke!

[riders2010]

The question really to be asked is it prudent for any of them to say months before what they will do months ahead and then stay the course only to be able to say they did what they said theyd do? There are so many variables that change the circumstance on the world stage in a matter of days never mind months. What was right yesterday might not be right in a few days.

[ajl]

We were screwed even before the commies took over. They are only making the problems worse. The Canuckistanian economy had evolved under reckless Central bank money printing for almost a decade now (phony commodities boom) and the downside was not going to be pretty. What do you do? If you have the opportunity do you work harder and save for hard times just to have more of your savings haircut? Yeah the noise you hear is the fat lady singing. Its over.

[perfecho]

No, actually its' the Alberta ND's fault that oil is at 37, (Saudi has nothing to do with it)Alberta was already in debt and Canada was already back to where it's highest debt point was before Martin and Chretien started the downward trend.....
We have it pretty damn tough here in Canada, think I better shut down my charity giving's too, ...thanks for setting my head straight....

[cottonpicken]

They just doubled mortgage down payments.

[ajl]

Well it is not the NDP fault oil is at 37 but here is what they should be doing: Stop talking about climate change and carbon taxes. Stop subsidizing idiotic renewable energy projects like wind farms. We could introduce a general sales tax instead of carbon taxes. (Not in favor of more debt) Smaller government eliminating many useless programs. Stop talking about raising royalty rates so projects can be planned. Sell the new refinery and let the private sector finish it. Envision the NDP or the Libs doing any of this?

[riders2010]

Why wasn't any of that done when oil was 100 bucks?

[TOM4CWB]

AJL

The ND moves were all in place when Prentice called the election in May. PC/ND... were the same policies. Which is why Prentice tag teamed with Notley in the debate.

[15444]

Only over 500k cotton. So you put 5% down on the first 500k and 10% beyond that amount. Tells you they are getting very worried about housing in the cities.

[cottonpicken]

If we start seeing npl's(non performing loans)spike up into the ten percent range on mortgages let alone corprate. Well it's over 600 billion in cmhc and over 600 on the banks books we are going to have a lite bit of a problem not uncontainable. The states already showed us that course of action but bank stocks would seem risky to me imo.

[perfecho]

IMHO ij, this is the perfect time to do those things, so everyone knows the rules when things do go the other way. It wasn't done at 130/barrel....new ideas for energy..great! We have always talked about diversity, looking at other ideas in case oil does tank...didn't do it earlier and look at the whining...so sorry, but in my mind, those arguments don't hold water.
We were left with big debts with high priced oil, some people got very wealthy, the province didn't...time for a change.;
PS...online for a skid steer at Ritchie this am...the one we were looking at went for the same price as I had looked at a dealer...only dealer had more options....so there must be something happening out there....

[Oliver88]

Oil is 7% of Canadian economy, will that be the excuse?.....Liberals don't even like "dirty" oil.

The drama teacher was voted in down east due to "free stuff", mail delivery to your door, running deficits, marijuana, two nannies for PM, etc.

Now they won't keep their max $10 billion deficit promise.

Dollar now at $.7275.

Get out the popcorn and see how the drama teacher and his team in the media spin the economics.

[newguy]

Makes me laugh when people still say he is not ready for the job.We just had the longest and most complex election in the history of Canada.And he blew Harper out of the water.He attracted very good people to run while Harper lost very good people to run.Trudeau has surrounded himself with good people and has talked more to provinces than Harper did in 7 years.What he has done the last 6 months proves he is wiser beyond his years.