Adam Chambers
@adamchamb
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MP Simcoe North, https://t.co/cJbgyCD6jx
Midland, Ontario
Joined March 2013
My take on today's festivities: After all the hype, a strangely complacent budget that falls far short of what ‘the moment’ requires https://t.co/WlPh6Kt52Q
theglobeandmail.com
Every little bit helps, but Ottawa’s fiscal plan is far from transformative
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🇨🇦’s budget is bonkers. It’s strangely reliant on short-term financing, implying: - a bet against 🇨🇦 medium-term - no demand for CAD/GoC bonds: and/or - BOC dismissed inflation & cut, just to temporarily improve optics to pass a budget The deficit is now structural. Kids, run.
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The @ATGUSAMade Buddy Sled is a specific solution I kneeded for a school I’ve been helping. For my own workouts, I use the resisted treadmill - and all my shoes and equipment are on sale for the holidays! This video also covers the history of sled dragging:
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The last Liberal budget’s fiscal anchor had a deficit of less than 1% of GDP & declining debt-to-GDP ratios. This budget’s fiscal anchor has deficits averaging 2% of GDP & growing debt-to-GDP ratios. The minister won’t admit his fiscal anchor is weaker than his predecessor’s.
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If the Prime Minister wanted to introduce a take it or leave it, the time to introduce that would have been immediately following the election. Not 5 months later. "Carney says he's prepared to fight an election..." https://t.co/s9SnM7ZC7N
theglobeandmail.com
Prime Minister declines to say whether he is confident Tuesday’s budget will pass
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India has now placed 30% tariffs on Canadian peas. That’s on top of the 100% tariffs already in place from China. That means 80% of Canadian peas face tariffs worldwide. It seems every time Mark Carney travels abroad, Canadian farmers pay the price.
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A must watch🧵 on Liberal Bill C-9 to separate truth from fiction. Mark Sandler is one of Canada's most celebrated jurists. He was invited to Justice Committee by the Conservatives AND the Liberals. We start with the removal of AG's consent to lay hate related charges. (1/5)
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Prime Minister Carney has repeatedly told Canadians that Canada has "the best deal" with the United States, but that's actually not true. Brookings Institute Senior Fellow Dr. Joshua Meltzer says Mark Carney's claim that Canada has "the best deal" is false, and Canada is
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Please read my statement on the Liberals’ child care program. This week the Auditor General report confirmed the failed Liberal child care program has led to endless waits, a shortage of spaces and a rationing of child care.
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Canadian Headline Inflation rose 2.4% on a year-over-year basis in September, up from a 1.9% increase in August. A thread 🧵...
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Preview of the math being used to prepare the budget.
Federal Housing Minister Gregor Robertson says the average price of housing — not necessarily individual home values — must fall to restore affordability in Canada. https://t.co/G5TwF26BZJ
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Courtesy of the Liberal government on behalf of Canadian taxpayers. They aren't even trying to hide it anymore. https://t.co/71WH33XXbT
reuters.com
Stellantis CEO Carlos Tavares received a 56% boost in total compensation to 36.49 million euros ($39.5 million) in 2023, the Franco-Italian automaker said on Thursday.
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No one could have predicted this. After claiming Canadians could not match the US on subsidies, the government is...marching towards matching the US on subsidies.
thestar.com
Ottawa is being forced to renegotiate with Stellantis amid concerns the auto giant will scrap a new EV battery plant unless the federal and provincial governments match hefty subsidies given to...
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The aftershocks of Justin Trudeau’s economic policies are still reverberating Over its near decade in office, the Trudeau government made a bet: Canada could tilt its policy emphasis toward redistribution and more equal outcomes without harming economic growth, productivity, or
ICYMI: The Weekly Wrap by @Sean_Speer: Peace in the Middle East is possible—will the Palestinians choose it? https://t.co/VfQyThw8yT
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“The announcement said capital investment will be defined broadly as any government expense or tax expenditure that contributes to public or private sector capital formation, ‘held directly on the government’s balance sheet or on that of a private sector entity, Indigenous
theglobeandmail.com
There have long been calls by the Parliamentary Budget Officer and MPs to move toward an earlier date in the Parliamentary cycle
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The exact problem with this government and its surrogates is that they think changing accounting and timing of budgets will "usher in capital investment".
This is a good explanation of a very complex but fundamentally transformative change in fiscal policy. A change that could help usher in significant new private sector investment to boost long term growth and create good jobs. Good budget comms. #cdnpoli
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