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submitted 8 months ago by sik0fewl@kbin.social to c/canada@lemmy.ca

Conservative Leader Pierre Poilievre is pledging that a future government would cut what he calls 'wasteful foreign aid' and would not allow funding to go to 'dictators, terrorists and multi-national bureaucracies.'

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[-] ramjambamalam@lemmy.ca 4 points 8 months ago

the Carbon tax that has had pretty much zero benefit, but has inflated the cost of heating, transportation, and food in this countries at a time we have an affordability crisis

Isn't it true that Canadians receive a rebate to offset the average cost of the carbon tax, i.e. lower emitters actually come out ahead, while excessive emitters are the ones paying the most? What's the alternative plan for tackling climate change?

[Blockchain or gold standard] would generally mean less bailouts, and more cautious action taking that needs to focus on prevention of crisis instead of printing your way out of a financial crisis.

To me, printing your way out of a financial crisis, which is often out of the control of the Bank of Canada and the Goverment of Canada in the first place (see: global pandemic), is a feature, not a bug, of reserve banking. I think that Keynesian economics helped to mitigate the impacts of the 2008 sunprime lending crisis and the COVID-19 pandemic, in Canada.

this post was submitted on 18 Feb 2024
44 points (92.3% liked)

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