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The Rise (And Fall?) of Inflation in Canada: A Detailed Analysis

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    #21
    Originally posted by Hamloc View Post

    First off, if they didn’t need it how come so many haven’t been able to pay it back and are asking for an extension?

    Second it is a loan, how much money was given to Canadians through CERB, this was not a loan, it was direct support.

    Forage, the government claims the carbon tax is revenue neutral. How can that be when only .17% of the tax that businesses pay comes back in the form of rebates? You don’t think Justin Trudeau is therefore lying?
    I'm afraid the saying "blood from a stone" comes to mind.

    The stats on small business failures is dismal at the best of times. 30% fail within the first 2 years, By 10 years, ~65 % of all small businesses will have failed.

    And that is without lockdowns and forced closures such as just occurred.

    Most of the businesses with outstanding CEBA likely weren't going to survive even without a pandemic interruption. No chance in (insert expletive here) that they were going to recover from the pandemic enough to repay the loans.

    Can you imagine how many candles or cheeseburgers or scrapbook kits you have to sell to net $40,000 to repay the loan after the money has been spent?

    Comment


      #22
      Even on Agriville many of the usual suspects were discussing how to apply for a CEBA loan and then continued on to complain about all the pandemic emergency funding that saved us from a much bigger financial crisis.

      Do as I say not as I do?



      Comment


        #23
        Originally posted by chuckChuck View Post
        Even on Agriville many of the usual suspects were discussing how to apply for a CEBA loan and then continued on to complain about all the pandemic emergency funding that saved us from a much bigger financial crisis.

        Do as I say not as I do?


        I am on the record as acknowledging that the pandemic emergency funding was essentially helicopter money, intended to keep the broader economy from seizing up. And for that narrow definition of success, it worked. It was never intended to be responsible, targeted, accountable, or paid back. It was the fastest way to get money circulating in the economy, to solve the problem the very same governments had created in the first place.
        Great short term solution, problematic medium term solution( inflation and loss of work ethic), horrible long term solution for reasons which must be obvious to anyone.

        Comment


          #24
          But if you knew it was such a long term bad idea to prop up the economy, why did so many of you apply for CEBA loan when you didn't really need it?

          Comment


            #25
            Originally posted by chuckChuck View Post
            But if you knew it was such a long term bad idea to prop up the economy, why did so many of you apply for CEBA loan when you didn't really need it?
            Why don't you take a one-man stand against the long-term effects of climate change.
            Give up all of your worldly possessions that were made of or with fossil fuels.
            I think you will find your one man crusade to be highly ineffective, while all of your competition continues to live in the real world, taking advantage of all of the tools available to them.

            Comment


              #26
              Did you pay back your CEBA loan and grant already A5?

              Comment


                #27
                Originally posted by chuckChuck View Post
                Did you pay back your CEBA loan and grant already A5?
                We have been through this countless times with your comrade forage. Please try to keep up.

                Comment


                  #28
                  Originally posted by AlbertaFarmer5 View Post

                  Why don't you take a one-man stand against the long-term effects of climate change.
                  Give up all of your worldly possessions that were made of or with fossil fuels.
                  I think you will find your one man crusade to be highly ineffective, while all of your competition continues to live in the real world, taking advantage of all of the tools available to them.
                  Same with the TURD'S one country crusade, ruining our lives to save the other 98.4% of earth's population. Totally bonkers and ineffective.

                  Comment


                    #29
                    Originally posted by AlbertaFarmer5 View Post

                    I am on the record as acknowledging that the pandemic emergency funding was essentially helicopter money, intended to keep the broader economy from seizing up. And for that narrow definition of success, it worked. It was never intended to be responsible, targeted, accountable, or paid back. It was the fastest way to get money circulating in the economy, to solve the problem the very same governments had created in the first place.
                    Great short term solution, problematic medium term solution( inflation and loss of work ethic), horrible long term solution for reasons which must be obvious to anyone.
                    And there you were with your arms in the air hands open catching CEBA dollars from the rotor downwash wanting to be a part of the "narrow definition of success".

                    CEBA, Cash Advance, Crop Ins, etc etc, AB5 you're the "in theory" Libertarian who is front and center when collecting all of Trudeau's Liberal handouts.

                    Save your B.S. excuse about having to be the taker you are just to be competitive with your neighbors. Many of us out there operate successful business in the competitive world without Trudeau's Liberal rotor downwash. ​
                    Last edited by foragefarmer; Jan 5, 2024, 21:56.

                    Comment


                      #30
                      Originally posted by foragefarmer View Post

                      And there you were with your arms in the air hands open catching CEBA dollars from the rotor downwash wanting to be a part of the "narrow definition of success".

                      CEBA, Cash Advance, Crop Ins, etc etc, AB5 you're the "in theory" Libertarian who is front and center when collecting all of Trudeau's Liberal handouts.

                      Save your B.S. excuse about having to be the taker you are just to be competitive with your neighbors. Many of us out there operate successful business in the competitive world without Trudeau's Liberal rotor downwash. ​
                      I must have missed something, did AB5 say he got a CEBA loan?

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