Admiral Beez
Superstar
The NYT reports that Indians are giving up on the US. Can that be tied to Canada, IDK.
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PM Mark Carney's Canada
- Thread starter Richard White
- Start date
kEiThZ
Superstar
Have you seen the economic and quality of life stats for young people today? Why would they vote for the party that put them in that position?
Even when the LPC crafts housing affordability policies it always seeks to do so in a way that will never threaten home prices and that just means more debt for the young. FHSA is just another way to milk more out of young people.
kEiThZ
Superstar
People need to stop pretending that is just all about the right wing bros. There's genuine reasons young people in Canada are frustrated. Every year that goes by, there's simply more and more CPC voters accruing due to demographic turnover. If things don't improve, I expect a Conservative tsunami as soon as Trump is no longer a pressing threat to Canada.
Full Metal Junkie
Active Member
And for everyone's sake, I hope that when that time comes, there is an actual conservative at the helm of CPC, rather than a fauxervative culture warrior troll that is PP.
goreckm
Active Member
The problem is the culture war is what brings them in. When things look bleak, you want someone to blame, and modern right is all about how YOU are the victim, and finding someone to blame it on. It's incorrect, but it's simple and it works. Without the culture war stuff, the cons are basically just blue liberals, mostly indistinguishable. The left can counter this, but in this day and age, you need a great speaker and communicator, and someone who has been consistently on the correct side, without any hint of corruption and crucially, not getting rich of the existing system, to have a chance. These are few and far between.
Lennox970
Active Member
And this relates to the thread topic how?
Just updating on the global presence of our new strategic partner. I caught this press release by the PM ('PM Carney's Canada') just the other day.
www.pm.gc.ca
I see that China, our strategic partner, has good links with Russia and Europe. I wonder if one day there will ever be a BRICCs? Gosh, that would be surprising!
Just updating on the global presence of our new strategic partner. I caught this press release by the PM ('PM Carney's Canada') just the other day.
Prime Minister Carney forges new strategic partnership with the People’s Republic of China focused on energy, agri-food, and trade
To forge a new Canada-China partnership, the Prime Minister, Mark Carney, visited Beijing, the People’s Republic of China, this week. This marked the first visit to China by a Canadian Prime Minister since 2017.
I see that China, our strategic partner, has good links with Russia and Europe. I wonder if one day there will ever be a BRICCs? Gosh, that would be surprising!
China Is the Weak Link in Europe’s Ukraine Strategy
China plays an increasingly active role in the Kremlin’s hybrid war against Europe. The EU must confront this growing China-Russia cooperation, as it poses grave threats to both European security and economic resilience.carnegieendowment.org
Lennox970
Active Member
Full Metal Junkie
Active Member
UK is a good example of this right now. Currently the polls are being split between the far right Nigel Farage and a progressive Zack Polanski. Both populist, both anti establishment. People are looking for a change and turning to anyone who will offer it to them.
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urbanclient
Active Member
And the status quo centre or even left <-> right, liberal <-> conservative is often an illusion of choice.
Despite many, if not a majority of Urban Toronto lambasting Doug Ford and PP for being clowns / political hacks (often for good reason), the pro-rent seeking behaviour, pro-corporate, pro-landlord, pro-snowwashing policies have not demonstrably changed much under Harper versus Trudeau. Ford versus McGuinty.
To whom does asset inflation and housing unaffordability (Harper and Trudeau) along with rapid population growth that suppresses wages, and indentures a working consumer class (Trudeau) benefit the most? Rent-seeking grocery chains, telecoms, fast-food chains, landlords, and the asset-rich upper class. The knee-jerk reaction to force price ceilings on these industries like rent control and price caps on food will not sustainably improve things.
The main problem is not corporate greed. Profit-maximizing behaviour is a constant across time. They didn't suddenly get more greedy post-2020, to make prices skyrocket. Some people would have you believe Loblaws is evil (debatable), greedy (yes, like all corporations since forever) and that it was evil greed that somehow allowed them to unilaterally increase prices on consumers, not market conditions. Market conditions enable things like laymen's 'price gouging', not the other way around.
Theoretically, Loblaws could sell the exact same quantity of food next year and actually increase their revenues and profits, as long as the demand for food increases due to population growth and the demand is inelastic. All Loblaws has to do is sit back and increase the prices. And can you really blame them? If you were given the choice of more money in your pocket for doing nothing different, would you decline the extra money?
The predominant underlying problem since 2020 is an ever-growing, inelastic demand that further concentrates market power in the hands of the suppliers. Government protectionism ---> lack of competition is another big issue.
Not surprising there is abysmal voter turnout at all levels and general voter apathy.
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Lennox970
Active Member
Yes, and I am hard-pressed to understand why mainstream parties don't pick up on this discontent and do something about it. Maybe it shows the limits of governments today to affect salaries and house prices - even, it seems, economic growth. Either way, (based on personal experience) it isn't a good sign that the young are waiting longer and longer to get on the housing ladder, have families, etc. Adjusted for inflation, the small house I bought 30+ yrs ago is about 4.5x today's minimum wage.
A phrase I heard from a colleague (lifelong NDP) a while back - the young competing against the world's richest for housing, and the world's poorest for jobs. Hyperbolic, maybe, but enough truth to understand some sources of frustration.
Admiral Beez
Superstar
Indeed. Any normalized Canadian who supports reasonable immigration and criminal justice reform, who believes in a Canadian identity and wants it defended, who supports Canada standing up for itself against the USA and promoting itself globally, etc., already has a champion in PM Carney. That leaves the CPC with Canada's own deplorables, the resentful, incels, racists, antivaxers and red necks.
Admiral Beez
Superstar
It’s a start. And it starts now.
Layoff notices sent to thousands of federal government workers
The Public Service Alliance of Canada says 1,775 workforce adjustment notices were issued to its members last week.
www.thestar.com
a2z
New Member
Yeah, the strategy seems to just be "hopefully your parents don't live too, too long
- so you can inherit their assets in due time"Even for the student loans - it doesn't do anything to solve the escalating cost of tuition (though Ford's underfunding of postsecondary can be partially to blame).
Turns out I can "save" $100/mo if I extend my loan repayment period by 5 years (from 10 to 15). Given 0% interest, of course I'm going to take it, when I can yield more in a HISA / from the stock market.
I wish they did something like no interest for the first X years post-grad, then prime + 0/1% or something like that in the years after instead. At least there would eventually be an incentive to pay back the loan as quickly as possible that aligns with one's professional / earnings development, so the gov't can recycle capital faster.