BC deficit climbs further, Trudeau-Freeland saga, Trump taunts Canada yet again, Federal plan for border security.

December 18, 2024 00:43:53
BC deficit climbs further, Trudeau-Freeland saga, Trump taunts Canada yet again, Federal plan for border security.
Connect Newsroom
BC deficit climbs further, Trudeau-Freeland saga, Trump taunts Canada yet again, Federal plan for border security.

Dec 18 2024 | 00:43:53

/

Show Notes

In today’s News Takeaway segment, hosts Vijay Saini and Vasu Kumar dive into pressing developments, including British Columbia’s growing deficit and the Trudeau-Freeland saga that’s fueling political intrigue. They also discuss Trump’s latest remarks taunting Canada and explore the federal government’s new plans to bolster border security. A must-listen for those following Canadian politics and international relations.

View Full Transcript

Episode Transcript

[00:00:01] Speaker A: And now News Takeaway. [00:00:14] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijay Ji. [00:00:22] Speaker A: Good morning Connect Null Connect. [00:00:42] Speaker B: Just past midnight Jade Baki Financial Maharne Os Garno Lake British Columbia Private sector Billion dollar the deficit is quarterly report the deadline by the way from the final day of the results is still within the stipulated time frame Projected deficit dead billion dollars yeah so. [00:02:46] Speaker A: Billions let's talk till. [00:02:50] Speaker B: The third decimal place Ah, right yes. [00:02:52] Speaker A: So deficit the budget billion at point no Sat N Fiscal deficit. [00:03:48] Speaker B: By the end of this fiscal year projections so corporate tax revenue Tax revenue Corporations resource sector. [00:05:07] Speaker A: Health authorities can the health authorities these net spending fiscal deficit so health sector Drug users Liberation Fund oh Vancouver Coastal health Fraser Health Corporate income tax revenue Natural resources election which BC NDP. [00:06:05] Speaker B: Yes. [00:06:41] Speaker A: Most likely so either way Finance Minister Brenda but this does not mean that's not going to happen so this will not be affected. [00:07:35] Speaker B: Infrastructure. [00:07:44] Speaker A: So capital expenditures Canadian politicians Level of government. [00:08:04] Speaker B: Economic growth projections 0.9% growth Donald Trump the tariffs yes he's not backing away from. [00:08:51] Speaker A: That he's not Brenda Bailey Finance Minister Almost can those scenarios. [00:09:25] Speaker B: There'S many angles behalf analyze upon debt to GDP ratio the deficit to GDP Total economic output deficit deficit towards the end of that year COVID 19 pandemic deficit to GDP ratio c o equoint at percent c the economic condition. [00:11:12] Speaker A: So add it up Federal Finance Minister Debt to GDP ratio. [00:11:58] Speaker B: Credit rating downgrade Credit rating downgrade British Columbia the credit ratings Credit rating over Humbijay Servicing cost Mortgage is variable rate Mortgage is the rate of the services already Schools education system healthcare system Transportation system. [00:13:36] Speaker A: Replacement Broadway expansion projects Election to Perna Sarkar Categorically project still on budget Categorically bridge replacement project cost Conservative Party Finance criticism Cost overruns Fiscal deficit election then there is no chance Conservatives the finance critic. [00:15:06] Speaker B: The million dollar Million dollar minister Kalo Vancouver Business Group. [00:15:39] Speaker A: So BC Public service hiring temporary freeze. [00:16:00] Speaker B: Services Health care administrative staff Administrative staff the hiring. [00:16:28] Speaker A: So basically they've been given a pay bump a salary increase Public service temporary hiring freeze words used because right now we are in a constrained fiscal position so these things are not adding up GDP 0.9% 1.9% overall GDP it's not going to, you know, increase too much. [00:17:38] Speaker B: Donald Trump yes. [00:17:50] Speaker A: We don't see any light at the end of the tunnel right now so these things are not. [00:17:58] Speaker B: Adding up Private sector Private sector private sector 30% public service deficit Federal level fiscal powder dry Rakandi Lora Donald Trump Uncertainty impact Karna Gstanza Fiscal position. [00:19:55] Speaker A: Sous Chef Right now Mic Drop. [00:20:37] Speaker B: Grocery rebate up to a thousand dollars deficit calculation the Hisa. Nah. That is not a part of this Liberal Party as in the Liberal family. I love this country. I love this country. [00:22:14] Speaker A: Emotions. [00:22:31] Speaker B: Fundraising events Monday afternoon Fall economic statement Sanji Kitijanisi Monday morning Justin Trudeau British Columbia Fall Economic statement. [00:23:41] Speaker A: Friday meeting. You know holier than thou Finance Minister U.S. canada Trade relations but you know Canada Minister without a portfolio. So capital Cabinet position Friday thinking individual. [00:25:04] Speaker B: That's your exit point. [00:25:04] Speaker A: That's your exit point. [00:25:38] Speaker B: In fact economic statement negative fall economic statement making authority and Akui staffer basically portfolio to Barkaran. [00:26:44] Speaker A: House of Commons. House of Commons. [00:27:16] Speaker B: I'll make you an offer you cannot refuse. You've given me an offer I cannot accept. This is the reverse of that offer. [00:28:07] Speaker A: Accept Karna Dominic Leblanc Public Safety Ministry Intergovernmental affairs. [00:28:44] Speaker B: But publicly Fleetwood Liberal MP remains to be seen. When you hire clowns, what you get is a circus consequences but severe Donald Trump negotiator business person. [00:29:51] Speaker A: 51St state Canada saw million dollars the subsidy saw billion. [00:30:12] Speaker B: They saw a million saw millionaire 100 billion. $100 billion subsidy. [00:30:34] Speaker A: Yeah, you're right. This makes no sense. The many Canadians they want Canada to become 51st state. They would save massively on taxes and military protection. I think it is a great idea 51st state so can the total knocks of billion dollar the trade. [00:32:25] Speaker B: Oil crude. [00:32:26] Speaker A: Oil 8 point billion barrels. So 1.6 million barrels. 1.6 billion barrels. These things are not adding up. [00:32:54] Speaker B: These things are not adding up. Within the Liberal government Donald Trump capitalize Karna Blanchette. [00:34:12] Speaker A: You can see the post just to check Patani billions. [00:34:44] Speaker B: Whatever man Press Conference 3 in 1 Minister Dominic LeBlanc Shamal San Carlo Hobator Public Safety Minister Immigration Mantri Mark Miller Jr. Minister Donald Trump Right? We were talking about it. [00:36:09] Speaker A: Donald Trump is talking about the unmanned border Boloma GG so OD patrolling the Zimidaria Amrika the authorities unmanned border American authorities. [00:36:58] Speaker B: Announcements Joint Strike Force border the Hawaii patrolling drones 247 Joint Task Force Strike Force Sorry Joint Strike Force Joint Strike Task Force Strike Force Joint Strike Force Joint Strike Force Synthetic drugs intercept Karna we include Kita ja sakda hai so. [00:37:56] Speaker A: Fall economic statement 1.3 billion Canadian doll breakdown press conference so press conference 247 surveillance drones helicopters so to begin with helicopters. So helicopter counter drone technology border the patrolling those are additional officers. They load up boots on ground. [00:39:32] Speaker B: Correct. I think. [00:39:49] Speaker A: Interesting Public Safety Committee recruit Karangay for train Karangay dog teams develop Karnwas chemical detection tools High risk Ports of entry. [00:41:27] Speaker B: Inspection Karangi CBS Border protection Pretty much Donald Trump was kosher Immigration minister Social media posts Express entry system which is job of depending on immigration Express entry points House of Commons House of Commons a session House of Commons. [00:42:54] Speaker A: House of Commons Rajnah Opposition Alisanukarani. [00:43:23] Speaker B: Kailo Kandi Mancha lmia Dej Express entry the points. [00:43:47] Speaker A: Have a nice rest of the show. Thank you. Thank you.

Other Episodes

Episode

November 08, 2024 00:38:00
Episode Cover

Canadian Unemployment Holds Steady at 6.5% in October, Talks Set for Saturday to Resolve BC Port Work Stoppage, Judicial Recount Underway in BC Election, Canadian Government Urged to Prepare for Influx of Migrants from US Following Trump Win

In this episode of News Takeaway, Vijay Saini explores the latest updates affecting Canada. With national unemployment steady at 6.5% for October, attention turns...

Listen

Episode

November 28, 2024 00:47:41
Episode Cover

BC Legislation to return on Feb 18th, Family doctors write open letter to BC government, Trudeau meets with Premiere over Trump's tariff threat, Temporary GST relief bill expected to pass today.

In today's episode of News Takeaway, hosts Vijay Saini and Vasu Kumar delve into pressing developments across Canada. Key topics include the BC Legislature's...

Listen

Episode

November 15, 2024 00:38:03
Episode Cover

Canada Post workers go on strike, Fake admission letters issued to international students, Jagmeet Singh promises to remove GST from essentials if elected PM

In this episode of News Takeaway, host Vijay Saini discusses the Canada Post workers' strike and its impact on essential services. The spotlight also...

Listen