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New Canadian Politics Thread

MindzEye said:
Red number go up

View attachment 25355

Rape train has no brakes.
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Wanted to bring this up again. It's a wild polling result but Ekos has been ahead of the trend since the Trudeau resignation

They were the first to notice the initial bump:

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While everyone else was still pumping out CPC +20 type numbers


They were the first ones by a lot to start calling the race more or less a dead heat when the Carney steam was picking up

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The first to call the Liberals ahead while everyone else still has CPC comfortably to massively ahead

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Got laughed at by other pollsters when they had the LPC pulling ahead..

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and now they're producing LPC +15 results. Which sounds crazy, but Ekos results have been crazy for almost 2 months now until everyone else's results catch up a week or two later.
 
Preston said:

View: https://x.com/truckdriverpleb/status/1904864880915513710?t=rZyN7K49ihTwJsNRnD0Euw&s=19
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So, from Ballroom A at the Sheraton Guildford to Ballroom A/B?

I lived in Slurrey for years. It's full of people who never go to downtown Vancouver because it's "full of queers". The demographic breakdown is between East Indians who barely speak English, white Evangelicals who live close to the US border, and the kind of hood rat, meth mouths that you find in most cities. Hang around the shopping plazas in the Kingston Road, Lawrence Avenue, Morningside Road area of Scarborough for guidance. The people that hang around there are the same as your basic Surrey residents.
 
Wayward DP said:
seems like they're panicking and just trying to bribe voters now


View: https://x.com/PierrePoilievre/status/1905206590023844019
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You need income to take advantage of that.

Average household net saving by income quintile, dollars
First quarter of 2020First quarter of 2021First quarter of 2022First quarter of 2023First quarter of 2024
Highest income quintile11,69016,56214,41114,60016,257
Fourth income quintile3,4256,5574,0313,7004,531
Third income quintile-3331,294235-1,037-617
Second income quintile-2,303-1,090-2,521-4,086-3,855
Lowest income quintile-6,643-5,616-7,409-8,115-8,018
 
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Preston said:
I selfishly love it, but I am not understanding how this will be enforced. You can only purchase Canadian products with the extra $5,000? What qualifies as an eligible investment? A Canadian ETF? Canadian stock? Gic? Hisa? Who is enforcing this and how much will that cost?
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Anyone particularly interested in this would/should also know that the returns on Canadian assets are historically pretty poor. sadly, there are better things to do with 5k of dry powder than drop it in a TSX index fund.

Honestly, this looks like a bit of a scheme to push canadians into investing in oil and gas firms....which will make them sensitive to any regulations harming their investment, making them more likely to vote CPC...
 
MindzEye said:
Anyone particularly interested in this would/should also know that the returns on Canadian assets are historically pretty poor. sadly, there are better things to do with 5k of dry powder than drop it in a TSX index fund.

Honestly, this looks like a bit of a scheme to push canadians into investing in oil and gas firms....which will make them sensitive to any regulations harming their investment, making them more likely to vote CPC...
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It's good to keep some balance in your portfolio if you want to keep ties to Canada, so having a handful of Canadian investments is ok.

But yeah, speaking personally, an extra 5k tfsa room is great, even if all I can buy with it is VCN or TD bank stocks. But the average person I don't think is maxing out their TFSA room right now, so I don't think this would actually make a different to anyone who's not in the top like 2% or 5% of earners.
 
MindzEye said:
Anyone particularly interested in this would/should also know that the returns on Canadian assets are historically pretty poor. sadly, there are better things to do with 5k of dry powder than drop it in a TSX index fund.

Honestly, this looks like a bit of a scheme to push canadians into investing in oil and gas firms....which will make them sensitive to any regulations harming their investment, making them more likely to vote CPC...
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Depends on the decade! 1995-2010? Tsx > S&P 500. 2011-2025? S&P >>>>>>

The other bit is, the tsx is going to be a lot more resistant to a recession or bear market than the US, which is all about speculative growth compared to Canada's boring boomer, stable products that make up most of the tsx. We did just fine in 2008 and even more recently, in 2022 we didn't get hit nearly as hard as the US. Part of that is fundamental reasons (yay oil) and part of it is just that speculative growth will always get hit hardest in times of fear or uncertainty.

So if you think the US is a bubble and bound to get hit, there are worse places to put some (not a lot!) of your funds than the tsx!
 
Preston said:
Depends on the decade! 1995-2010? Tsx > S&P 500. 2011-2025? S&P >>>>>>

The other bit is, the tsx is going to be a lot more resistant to a recession or bear market than the US, which is all about speculative growth compared to Canada's boring boomer, stable products that make up most of the tsx. We did just fine in 2008 and even more recently, in 2022 we didn't get hit nearly as hard as the US. Part of that is fundamental reasons (yay oil) and part of it is just that speculative growth will always get hit hardest in times of fear or uncertainty.

So if you think the US is a bubble and bound to get hit, there are worse places to put some (not a lot!) of your funds than the tsx!
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Over the next 10 years with Germany taking the debt brake off, Europe >
 
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