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CBC has an article The Big Spend
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Heard on the radio that the Government spends 40 million a day!
The Finance Minister wants the money people have in their saving accounts!
This is scary shit!
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Originally posted by seldomseen View PostHeard on the radio that the Government spends 40 million a day!
The Finance Minister wants the money people have in their saving accounts!
This is scary shit!
40 million sounds bad enough, but how about: The federal government has spent an average of $952 million a day fighting the COVID-19*pandemic
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Originally posted by jazz View PostWell I know foreign countries got billions (before and after covid) and any primary GDP driven industry in this country got zero. In fact most have been (and will be) regulated and taxed harder.
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When did you start working for the CBC and assisting Diana Swain in the "The Big Spend" story?
"CBC News has also uncovered new details about the extent of government support for some publicly traded companies. Using data shared with regulators in Canada and the United States, CBC News searched reports filed by more than 2,000 corporations, identifying 409 that have disclosed they received funds from at least one of Ottawa's emergency programs. (Many listed corporations have yet to file the financial reports that might show such government funding. And privately held firms have no obligation to disclose if they have received help from the government.)"
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Originally posted by foragefarmer View PostSure Jazz, you've done research on each and everyone of the 2000 companies balance sheets and determine that "primary GDP driven Industry got zero". And of coarse you know each and everyone of publicly trade companies that received government funds that haven't even filed as of yet."
here are some of canada primary gdp driven industries; Ag, Forestry, Oil, gas, Mining. Thats about 30% of our gdp right there.
Please show me any of the $400B spent going into any of those industries. Just one single announcement from our govt, auditor general, premiers, anyone?
ZERO
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For forages enlightenment, Canada had a investment slush fund before covid. The infrastructure fund had a budget of $150B. Wonder if that shows up in our debt pile.
Anyway, you know what they are building with that money, at least the part that didnt go missing and into liberal pockets. Sustainable bike paths, flower gardens light rail for Toronto and bridges in Montreal.
Exactly ZERO of that fund went to enhancing our resource network, improving our competitiveness and building out more export capacity, rail, ports, highways,
ZERO.
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