would provide “some relief,” said Bruske, but it fails to tackle the root of the problem, which she said was, “corporations putting profits before people.”The head of the Canadian Federation of Independent Business said he was pleased the federal government secured agreements from major credit card companies Visa Inc. and Mastercard Inc. to reduce the fees smaller businesses are charged when customers use credit cards.
“An extension to the Canada Emergency Business Account loan repayment deadline of Dec. 31, 2023, is desperately needed and will be a major priority for CFIB in the weeks ahead.”Dennis Darby, president of the trade association that represents exporters and factory owners, could barely contain his enthusiasm with a budget the promises to spend billions of dollars on overhauling the economy to run on electricity.
“The Government of Canada has ambitious goals to reduce emissions from the oil and gas sector, but to meet these goals, there needs to be sufficient co-investment from federal and provincial governments along with industry,” Pathways Alliance president Kendall Dilling said in a statement.
We can borrow from those 2. Seoze there accounts
Shutting down debate and ramming through C-11 on budget day; flooding Twitter and the media with statements about all the 'goodies' on the way ... What a sleazebag, corrupt thing to do.
every single person from this article has, at some point, said the phrase 'you have to spend money to make money' but sure
In love with themselves and their own image and the rest of Canada pukes at the sight of them.
Rolling out old dudes who are lobbyists to comment is the most capitalist thing ever. Great work, NatPo.
National Post lies
Business loans don't exist apparently.
I've never despised someone as much as I do Trudeau.
Completely unproductive 'plan.'
If I tan my business like they do I would be broke! And in jail!
Most businesses fail, compared to the very few that succeed. Why would we model our government after business? The whole point of business is to make money, full stop. Is making money the purpose of our government? That’s why do have Parliament elect a government?
Just don't sell us out to some cruel outfit like Beijing.
Our economy has the lowest debt to GDP ratio in the G7.
Failed business 101 did you?
You know that companies in private sector borrow money to invest in equipment or buy raw materials to manufacture goods and build prosperity? Right?
Which businesses those are? After 20 years in corporate finance, most businesses borrow heavily to operate. For inventory, for normal expenses & payroll, & for capital assests like equipment. Ex: Car dealerships owe 10’s of millions for the new cars on their lots. All borrowed $$
National Post is right-wing propaganda and owned by a former felon. It’s only proper use is as toilet paper.
Did Freeland not project a deficit not five months ago 30% lower than what was just released ? A marginal error of 3-5% understandable, but 30% from our country’s Finance Minister…really ?
No it can't borrow our way to prosperity, but it can make critical investments regarding the world's greening of their economies that include electrification, batteries, investments in manufacturing of high end computer chips. The CONS are still riding their Fred Flintstone cars
how much did was allocated for theJagmeetSingh? there's no way this is legit that anyone who actually loves canada would support this budget nor the current government
Of course the National Piss Post omits that if you were to borrow - the time TO do it is when debt/GDP ratio is low - as it is today thanks to smart liberal_party economics. 2006-2015 Harper/Poilievre CPC skyrocketed that ratio (expensive borrowing) which cost Canada BILLION$.
You know what would really help any budget crisis? Pulling your funding. We don’t need any more foreign influence. DefundPostmedia
Just more liberal screwing the country.
Why not? Per capita we still owe less than half of what Americans owe. It works for them.
God you’re boring.
This is why they no longer teach, much less talk about finances and budgeting in school! They want to con people into thinking Debt is not bad…when the reckoning comes on this Debt, the Economy and Country Will Collapse into a massive Depression like never seen!
The net fiscal impact of measures announced today will come in at $7.6 billion in the current fiscal year, or less than a third of a percentage point of GDP. That number is set to decline in future years to even less significant levels
Federal spending as a percentage of GDP is set to drop from 20.1 per cent to 17.2 per cent this year
Really a drama arts teacher and Russian studies in journalism with her wow they can't figure out their piggy banks
We need an older conservative man in this position and not a former CBC Reuters PR writer.
But Canadians can get a mortgage or loan and buy a car and improve their life. Weird.
I personally did.
But those same businesses that say that took government handouts during Covid. Lol. Oh and don’t forget the big fat bonuses for the ceo that they “borrowed” from their employee wage pool
Lol
Tell Huey and Dewey 👆that. These two cement posts are WEF and that’s what they care about. They can’t think for themselves.
Borrow? Nice misleading headline. Always the deficit, which is defined as Canada spending money on Canadians. When you build a road, there is no revenue, same with schools, hospitals etc. It's just money spent in Canada on Canadian jobs.
Prosperity is not money, but instead, equal opportunity for all.
Meanwhile China just inked a massive deal with Saudi Arabia to build a refinery. Is anyone in Canada paying attention to TrudeauCorruption and cafreeland incompetence?!?! cdnpoli
Thank you for your opinion Fox News Canada.
Vote with your money. Opt out of the broken fiat monetary system and choose Bitcoin
You just gota look at it from more of a Nazi point of view .. 😳
Funny. That's what businesses do.
🤢🤢🤢🤢Today you drove more taxes, more spending and more inflation! BOC will hold rates or increase to fight your inflation and Canadians will get poorer! When government spends Canada do you think it is free? You are a disgrace! Wake the F-UP Canada!
Translation: Money from the government is better served in the offshore tax havens of the rich.
Liberals are gods. They can do whatever they want. We are their sheep. Get your heads straight. With our money they can make their fantasy happen and they know it.
This liberal government is fixated on virtual signalling, wokeness and incompetence!!!!
More American Republican tabloid influencer nonsense. Harper ran deficits and didn’t have a pandemic to recover from or face generational high inflation yet that was ok? Daily dose of foreign influence.
Can't stand these two people. Always a smug look on their faces and they truly don't care about Canadians, which is clear based on their harmful policies. They both need to go and FAST.
Clown world running our country into the ground unbelievable wow.
Winter is coming, aka austerity
when the average joewants to invest, buy a car, buy a home, fix up the house they borrow or save. In a pandemic coupled with an inflationary war it’s hard to save. Canadian Governemt borrowed money at a better rate than Canadians could get and distributed the money to Canadians.
The liberal_party seems to think they can. We are suffering. More taxes less services.
Selling off our future to keep the NDP to keep clutching to power. The Liberals have racked up over $1.4 trillion dollars of debt which costs billions in interest charges. And what does Canada have to show for the largest spending in history, inflation and more debt.
rexglacer get out of Ukraine and ask for our money & equipment back
We're so screwed
Criminal Conrad and the NP are mad! 🤣
Trudeau and Freeland are running this country into the ground. He wants a communist dictatorship. Just look at how it happened in Venezuela. theJagmeetSingh is helping it happen with the coalition agreement. The Canada we knew won’t make it to 2025.
Conservatives NEVER help anyone except themselves, rite PierrePoilievre ? U made millions from freeloadin off taxpayers over 20 yrs; lives in mansion, never missed a paycheque, never missed a meal & collects rent as Cooper4SAE landlord! Life is FAT ONLY for Cons! budget
Who is even lending us this money? Is it just more QE?
This is the same 'business' that demanded billions for wage subsidies and rents during COVID. I have lost all tolerance for 'business' hypocrisy. They want subsidies and get them, they lobbied for and got the lowest tax rates and still they are not satisfied.
billd2025 Absolutely terrible ! These 2 have no clue what they are doing…the worst government in Canadian history.
ztisdale 👇👇👇💰💵💸💷💶💴
that was not a budget-that was a give-away of other people money, again and to buy votes, no less
What is their objective? Try to proactively spend us out of a recession? I don’t understand how they can propose $40B deficit as a good thing rn.
Conservatives can't handle the books so they privatize everything and cut important services which makes the working class unable to live but the rich get richer including themselves? Thank god for Trudeau who proved real leadership for ALL Canadians.
wah wah wah
william62560727 Tell that to the left... apparently as long as some nation owes more, it is all good Race to the bottom.
We need to stop bailing out US Republican hedge fund owned foreign media in Canada.
Business? Remind us again why we have the inflation we do.
The borrowing is coming from either China or Klaus…….what could POSSIBLY go wrong….🤔🤔🤦♂️🤦♂️🤦♂️🤦♂️
No surprise people
Business? Oh ya, the group of people that make zillions and pay us employees crap.
Soon you run out of other peoples money...
I guess it wouldn’t look good if they openly stated that they were “way out of their depth” trying to govern Canada and now we’re heading toward bankruptcy…we’ll soon be the northern Venezuela
The great money laundry machine
Freeland: 'We're building big things.' Canadians: 'Yeah, it's called the Liberal deficit.'
The MOST Fiscally Incompetent government Canada has ever seen..
Oh but a decade of deficits by Harper ended with a fake 'surplus' (Sold GM stock $3.5B loss and took $2B from contingency fund) was super duper OK! Yellow rag. How long until you start posting stories about 'BAT BOY FOUND ALIVE!' - ?
Well national post, what are your gold predictions in cad?
C'mon Why so hard on Trudeau and Freeland? How were they supposed to know doubling the combined debt of all prime Ministers ever in 8 yrs would be a bad thing?
Mr. and Mrs. Bozos.
Wonder how much the printing cost for that
We should cut Corporate Welfare and get businesses to reimburse taxes which were used as support during and after the pandemic,
No problem can be solved without unintended consequences if our economy cannot grow. The new cold war kills our economy and creates crises everywhere. To fall with the US? or to grow with China? That's the question for our country.
Mr.& Mrs Feeley
Trudeau's Dad would be tossing in his Grave! All I know is Trudeau Junior has to go back to school literally! Had enough of his tax&spend policies! Please save us Pierre !
For reference / a real newspaper would provide contact not just click bait headlines CdnMediaFailed
Canada is speaking and the Liberals don’t give a crap. cdnpoli
Business has & continues to make huge profits from 🇨🇦s so they can begin to pay more tax 😡
2 potatoes having a thought
It is time ⏲️
surveilz
Canada is a banana Republic
So…Harper with his 8 years of deficit spending while in office, was wrong?
Trust Trudeau, Freeland & the Liberals who applauded this deeply unsighted budget. We can! The desire to create this new “vulnerable” class & category, these people keep ignoring the really vulnerable of Canada. This getting shafted with a new carrot! cdnpolitics budget
Lived thru this in the 70s. Government picking winners&losers wrt industries/businesses. Government financing & spending on income redistribution programs vs infrastructure. Job Creation! If you weren’t there a 1/2 century ago, ask me how well it worked.
POLITICS IS RUNNING THE FINANCIALS & BOC ‼️ Federal Gov has been so detached from people facing housing crisis… high inflation… high interest rate… living expenses …. 😕😡
Liberals plan spend and spend till their is nothing left.. leave it to the conservatives to clean it up.
Those silly promotional budget books end up in the recycle bin in quick order. The Trudeau gang is history in the next election, incompetence.
And you can’t shit-post your way to journalistic integrity or respect.
We need a huge cut to seniors benefits
liberal_party only solution to anything is to throw money at it, but they never actually address the cause.
Yes you can. The millennials call it MMT.
If businesses are seriously concerned about prosperity than they should consider a solution. And not follow the disillusioned budget of no return together we can turn it around in our favor of Canadians.
We just haven’t spent enough.
Republican lackeys
Freeland is no economist, she has no idea what you talking about
This is a bad and disingenuous take. The National Post is owned by people who’ve borrowed to advance their interests and gutted Canadian journalism to preserve them.
Better headline: “Business leaders who apparently have never heard of John Maynard Keynes say some stupid things”. Film at 11:00.
TaxTheRich TaxHousesofWorship WealthTaxTime TaxtheChurches
If you proudly identify as Liberal, you got played. Sorry
This budget will only increase inflation.
Worst budget ever!
Why not? Businesses do it all the time.