BC Elections, Immigration Changes, Economical activity in Canada and Federal Politics on Foreign Interference Report

October 25, 2024 00:46:42
BC Elections, Immigration Changes, Economical activity in Canada and Federal Politics on Foreign Interference Report
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BC Elections, Immigration Changes, Economical activity in Canada and Federal Politics on Foreign Interference Report

Oct 25 2024 | 00:46:42

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Show Notes

In today’s News Takeaway, hosts Vijay Saini and Vasu Kumar dive into the latest on the BC Elections, examining key stances from candidates and the province’s priorities. They discuss recent immigration changes impacting newcomers and explore Canada’s economic activity trends. Wrapping up, they review the latest developments in federal politics, especially around the foreign interference report and its potential effects on policy.

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Episode Transcript

[00:00:01] Speaker A: And now News Takeaway. [00:00:09] Speaker B: Connect FM 91.5 Days Good morning to you Vijayji Good. [00:00:17] Speaker A: Morning to you as well. Connect now Connect Good morning. [00:00:31] Speaker B: Airport Highway 99 Oak street traffic back up so going towards the airport from Highway 99 do not take the Oak street exit Abbotsford Already it's quite windy because of that rainfall was quite unfortunate Conservatives BC Green Party Total absentee ballots Elections Absentee ballots Mail in ballots Mail in ballots Mail in ballots yes mail in ballots so not 49,000, it's 65,000 so 33% more than what was said before so leads Vancouver island So less than 100 votes automatic recounts. [00:04:13] Speaker A: The tabulator ballot box then that's also a criteria for a. [00:04:37] Speaker B: Recount Ballots case Voting station Polling station O with account. [00:04:46] Speaker A: Tabulator Tabulator ballot account yes Quality assurance the results process criteria so O request Gary Begvalon Paiki GCNDP Incumbent BC Conservative Party evidence. [00:06:29] Speaker B: Because of this discrepancy. [00:06:51] Speaker A: Partial recount these will be done by hand. [00:07:02] Speaker B: Mail in ballots different margin so key mail in ballots in our flip. [00:07:33] Speaker A: So 10 distinct processes absentee ballots count yes starts tomorrow so starts tomorrow Saturday morning mail in ballots count Honyan is same day elections BC the website update which is expected to be on Sunday Elections BCD website. [00:08:43] Speaker B: So the. [00:08:44] Speaker A: City center absentee ballots so absentee ballots so absentee ballots packages on the J day various voting places Hospital absentee ballots voting places to drop technology these are absentee ballots a total vote percentage so full recount honey so. [00:09:34] Speaker B: Full recount absentee. [00:09:37] Speaker A: Ballots. [00:10:43] Speaker B: Late morning early afternoon so who was responsible for logging into the system and updating that person forgot the password to reauthenticate everything so the reason was that. [00:11:56] Speaker A: By the end of today. [00:12:00] Speaker B: So. [00:12:01] Speaker A: Most likely elections BCD website by the end of today. [00:12:35] Speaker B: Fair chances statistical analysis analysis so let's see let's see what happens with that but we have to wait until Monday late morning early afternoon to see. [00:12:56] Speaker A: City center the recount. [00:13:21] Speaker B: By the end of Sunday calculate Hojandiyan margins of victory comfortable so maybe by the end of Sunday sometime on Monday. [00:13:55] Speaker A: Elections BC the website no update so it will be updated hourly Saturday to Sunday 2 Updates Updates. [00:14:22] Speaker B: Ji J Interesting they become the kingmakers Fair AV I think a discussion by the time things get quite clear terms of negotiation Hong BC Green Party There is no update on that. [00:15:23] Speaker A: BC Green Party so West Vancouver yes so riding initial green party recount BC NDP they called Shali Sitane they exceed BC conservatives so BC green party you never know anything can happen. [00:16:45] Speaker B: Sonia first know mentor ultimately leadership West Vancouver C2 sky like you mentioned Flip confirmed. [00:17:34] Speaker A: Press conference basically the ropes of legislature Legislature Ajay, you rightly pointed out leadership but down the road, down the road. [00:18:15] Speaker B: And that too fairly soon I think. [00:18:19] Speaker A: Kevin Falcon United Legislature legislature the membership. [00:18:27] Speaker B: By election team the coach I remember 90s this was with Zimbabwe Zimbabwe the cricket team the captain coach it was just for a certain period of time and he was in his early 40s not the flower brothers somebody else Green Party the ugly jelly leadership Green Party after the recount and once that happens the fear Agla leader Khan takes transition WhatsApp the message area Was it heat streak? No, it wasn't heat streak either it wasn't heat streak either it was somebody he was a batsman I don't know hugged and I think David David Houghton maybe. I don't know. I have no idea. [00:19:56] Speaker A: Very very important Generating station Gasi Fraser Valley near Mission Load like a gacy kilometer forest road Cell phone network Connect FM Chaldas reception area so that's fine but thank you very much. Thank you very much. It's good to know. [00:21:00] Speaker B: Immigration Minister Mark Miller announcement immigration targets without getting into the details of the numbers over the next three years permanent effectively temporary residence effectively population effectively zero hojaga population. [00:21:44] Speaker A: 0.0%. [00:21:46] Speaker B: So over the course of the year permanent residents the temporary residents the asylum seekers the total was 1.3 million Total JD Population 1.3 million Immigration Yes 10.2% 1950s 10.0% bank of Canada actually interest rate the announcement Per capita spending Retail level Per capita spending average aggregate spending retail spending services and goods and services Real estate development Karandi Usari O Kiskadar Chalegi reductions announced Kitiane Pangay CMHC report Kikandi so that meant about 500,000 new units per year it still does not put us in a surplus situation Surplus economy We contract. [00:24:24] Speaker A: GDP Sadi contract Karegi so a Karen GDP Sadi shrink so GDP experts can they be in a numbers projections bank of Canada 2020 5.0% this could be anywhere from 0.5% to 1% so shrinking so shrink so GDP shrink so 0.5 to 1% which is significant, very significant. It's a significant difference but then again business associations, trade councils chambers of commerce Federation for independent business so by default business Canadian Canada effect yes, but immediate JALA concern development business associations, real estate associations so they are concerned but at the same time because of the increase in population associations KG K recession population cut. [00:27:22] Speaker B: So it's a healthy healthy percentage Again it brings me brings us Back to that same thought optimistic projections 10.8% conservatives already was optimistic growth projection so overall factors assume Kirk policy Bank of Canada Deputy Governor and a senior deputy Governor. [00:28:56] Speaker A: Economy population 0.2% bank of Canada economic growth GDP 0.5% to 1% Shrink rate cuts so J rate cut aggressive is policy Denal is in numbers change policy so monetary policy but with the same population. With the same population population correct yes so that's the right way to go about it. Economic activity with productivity with the Ayjawe Sadi GDP growth You rightly said coach businesses economy they could sectors know Zuru Gal pinch but down the road this is the right way to go this. [00:30:22] Speaker B: Is the right long term billions of dollars supports not just in 2020 or 2022 supports Chaldean like social services clearly Canada which owes proportion which is social services develop Canada. [00:32:11] Speaker A: Grocery grocery afford so GDP hospitals population growth 0.8% growth so to see growth 10% char percent now productivity economic activity production resources Canadian GDP with the same population Canadians on the food banks grocery store. [00:34:31] Speaker B: Fiscal update already Pbona Kitasi deficit. [00:36:29] Speaker A: On top of that Conservative money Bella the supply motion confidence vote House of Commons Liberal MPS he's not going anywhere. He's going to be the leader Coming back to fall economic statement oh definitely. Supply motion. [00:37:29] Speaker B: Fall economic statements Parliament. [00:38:01] Speaker A: The Bank of Canada interest rate 50 points immigration targets significantly cut down Yes. [00:38:15] Speaker B: A public sentiment. [00:38:22] Speaker A: Yes yes yes yes and it does make sense as well. It's not misplaced standard of living. [00:38:38] Speaker B: Emergency rooms. [00:38:54] Speaker A: So Justin Trudeau decide definitely but when? So budget budget to bad election call. [00:39:08] Speaker B: Karangay budget pass fiscal update Economic update It's a very significant announcement real estate sector Real estate sector development what's going to be the sales pitch not to say again reduction then RV AJ excesses supply value situation bank of Canada supply overall per real estate the point of view excess supplier situations. You're still playing catch up. But what does it entail? Federal Liberal House leader Karina Gold high level security clearance Prime Minister Justin Trudon a foreign interference inquiry commission the Muray intelligence Conservative Party politicians Yate foreign interference Foreign interference was vulnerable High level security clearance hassle Kardeni. [00:41:56] Speaker A: Conservative Party foreign affairs critic Michael Chong. [00:43:33] Speaker B: Pierre Polly of Barbara security credence. [00:43:57] Speaker A: As a threat reduction measure Classified briefing Canadian citizen Canadian PR K say Canadian entity Canadian corporation parliamentarians foreign interference security clearance has Conservative leader allegation happy or polyf so in national security Liberal Party the House leader Conservative Party the leader Telaga Pierre Pauly of how he plays it Liberal Party national security. They foreign interference. Justin Trudeau commission a public inquiry Conservatives. [00:46:24] Speaker B: Then batar leader. In order to make sure k party the integrity compromise nahove jantaktu clearance. So that you can correct what needs to be corrected. So they how it plays out. [00:46:40] Speaker A: Thank you, Vijayji. [00:46:41] Speaker B: Thank you. Take care.

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