Episode Transcript
[00:00:02] Speaker A: And now News Takeaway.
[00:00:18] Speaker B: Connect FM 91.5 News Takeaway segment Federal carbon tax Carbon tax so British Columbia Consumer carbon tax jurisdiction British Columbians Pishley of the Apamasui Galsanji Kitisi Sarkarna kasiki deho pelna those steps they which come Karnapena Katitri iknu Spring break to Bhadwadan Sabadi wapsi honiya kesanu pelnata a Kamkarna prayer Regular schedule Mataba Carbon tax Chaldara pray Ferostobad Second step Hoega K Carbon tax Consumers.
[00:02:24] Speaker A: Carbon tax Consumer carbon tax Industrial carbon tax Consumer carbon tax Consumer carbon tax Revenue Billion dollar Climate action tax credit Industrial carbon tax Consumer carbon tax Revenue revenue loss so industrial polluters.
[00:03:24] Speaker B: So at the end of it.
[00:03:33] Speaker A: On industrial emitters Industrial carbon tax it trickled down to the end Consumer carbon tax Consumer carbon tax Consumer carbon tax not the industrial carbon.
[00:04:05] Speaker B: Tax Consumer carbon tax per liter of gasoline Natural gas cubic meter natural gas if you compare from yesterday.
[00:04:35] Speaker A: Creeping up yes so it's fluctuations of course depending from gas station to gas station and from one area to the other area of Lord Mainland as well so fluctuations but yes, the prices have been creeping up so carbon tax per liter Will this saving trickle down to the end consumer as well at the gas station.
[00:05:45] Speaker B: Consumer Remember and also.
[00:06:19] Speaker A: COVID 19 profit margin it will not tricker down to the end consumer.
[00:06:47] Speaker B: NDP opposition C NDP carbon tax in the burial economy those are not elections.
[00:07:25] Speaker A: This is like not normal legislation reading.
[00:07:42] Speaker B: Majority.
[00:07:48] Speaker A: Conservatives election time only lollip so politicians.
[00:09:02] Speaker B: Or deficit already Baht billion 62 billion national debt of course infrastructure the point of view infrastructure overall JD debt load the debt servicing the point of view to asipiche budget the deficits Announcements election campaign lowest income tax bracket 1 percentage point 1 percentage point very important 1 percentage point already saving hoagie for a two income household up to $825 1 percentage point basically Jinny saving Mark Conservative plan income tax almost specifically seniors currently lowest income tax bracket for seniors almost 24,000 seniors 71 years at the age of 71 registered.
[00:12:00] Speaker A: Retirement income fund correct RRIF.
[00:12:06] Speaker B: Tax burden mandatory withdrawal Retirement age.
[00:12:26] Speaker A: Retirement age.
[00:12:37] Speaker B: Retirement age 67 retirement comparison immigration the Fairview load Peggy.
[00:13:20] Speaker A: So 65 years retirement age 65 years only so Mark Carney Strategic Response Fund workers Donald Trump.
[00:14:30] Speaker B: Capital gains tax inclusion rate families Basic personal amount extra GST permanently remove essential items groceries, meals, diapers strollers Monthly bills including cell phone, Internet and heating bills.
[00:15:28] Speaker A: Basic personal amount.
[00:15:40] Speaker B: Capital gains the tax Liberals Introduce peer poly of conservatives Capital gain inclusion rate.
[00:16:08] Speaker A: So capital gains tax inclusion rate.
[00:16:16] Speaker B: Char billion the handout to the wealthiest 1.13%. So over the course.
[00:16:22] Speaker A: Which is not entirely true.
[00:16:23] Speaker B: Which is not entirely true.
[00:16:26] Speaker A: Wealthiest 0.13%.
[00:16:29] Speaker B: Correct.
[00:16:30] Speaker A: 0.13% on average 0.13% capital gains ISTRA declared Capital gains Capital gains tax.
[00:16:48] Speaker B: Small business owners Warehouse No Vechanagay Yao's store No Vechangay Jara Odo pronoun Munafah Capital gains inclusion. So Okoi 0.13% ultra multi billionaire small business owner.
[00:17:24] Speaker A: And I don't think capital gains tax inclusion rate.
[00:17:37] Speaker B: It adds way to 70. Adds up to $17.4 billion. A windfall for people who make over $1.4 million per year. Basically, capital gains inclusion rate.
[00:17:57] Speaker A: It was a matter of a few millions. Yeah, I think it was. Yeah.
But it was definitely not 17.4 billion.
[00:18:03] Speaker B: And definitely not per year over the.
[00:18:06] Speaker A: Oh.
[00:18:32] Speaker B: I think takeaway.
[00:19:08] Speaker A: Interestingly, personal tax elitist business financial markets.
Brookfield Asset Management.
People's bank of China. Another central bank China. The central bank will know for a tower in Shanghai.
[00:20:01] Speaker B: For Shanghai bank of China.
[00:20:02] Speaker A: Yeah. So bank of China will know can they loan the TAG Strategic Response Fund.
He has too many MAGA friends. So personal tracks, conspiracy theorists. Too many MAGA friends.
[00:20:51] Speaker B: No, no, no.
I was listening. Listening to a lecture by one of the famous trained personal attacks Campaigns, candidates. The quality social media.
None of the above. Definitely.
If you want better cabinet, send me better wood.
Ultimately, still in the early days of the campaign voters.
[00:22:50] Speaker A: Mla, mp Mantri Cabinet. Mantri your Prime Minister, for that matter.
So private sector.
He was minting billions of millions of dollars. Billions of millions of dollars.
Brookfield Asset Management.
So irs O officer son Journalism school IIMC orientation ceremony.
So.
[00:25:39] Speaker B: Test match politics.
Unfortunately.
[00:26:19] Speaker A: Exactly correct.
So.
[00:26:50] Speaker B: Personal life.
But again, it does not still absolve the fact or the concern quality of the candidates.
[00:27:02] Speaker A: Quality of candidates. What about that? Then again, this ties back to the quality of voter.
[00:27:06] Speaker B: Yes, Correct. Yes.
[00:27:12] Speaker A: Chocolate honey. Chocolate honey.
Politicians.
[00:28:00] Speaker B: I think that's the distance.
Of course.
[00:30:28] Speaker A: Yeah. So in our sources bid Liberal Party leadership High Commission of India in Ottawa.
Liberal Party officials, Green Light Committee officials.
[00:31:52] Speaker B: Correct.
Those answers were troubling for the party inconsistencies.
[00:32:22] Speaker A: Candidate.
So it's article the response. Which can they be? As a Member of Parliament, foreign officials, heads of state.
I was never asked to do so.
The sole point of contention.
So Hindu Canadians.
[00:33:55] Speaker B: House of Commons Achab Jakti Jida Kekoi Siddha Saband Contact Hay Nahi communities and all.
So Isaitana Jedi, Kumah Mahal the quality of the water matters. The quality of the voter has to look at this.
Yes.
[00:35:18] Speaker A: So Hindu Canadians important issues.
[00:35:50] Speaker B: Canadians call family doctor.
[00:35:59] Speaker A: Registry, House of Commons.
But religion is a personal matter.
[00:36:36] Speaker B: It's a personal matter Political matter recently goes back to the voter.
It goes back to the voter.
Then it goes back to the voter as well.
[00:37:29] Speaker A: Yeah. Religion fiscal deficit debt Muslim.
[00:38:25] Speaker B: During the segment earlier private sector bank of Canada bank of England Brookfield Asset Management.
Brookfield Asset Management.
Brookfield Asset Management Net zero carbon economy transitions I think British Virgin Islands is one of them as well.
So tax havens carbon transition private sector.
[00:40:14] Speaker A: Investment funds the total billion dollar in the total tax avoidance opposition Conservatives Canada First Canada headquarters Canada to move Karthi.
[00:41:09] Speaker B: New York City Yes.
[00:41:28] Speaker A: Offshore account set up tax havens corporate taxi corporate tax these were designed to benefit Canadian pension funds Investment funds which invest Kariba So can they be Canadian pension funds.
[00:42:08] Speaker B: Ontario teachers the pension fund.
[00:42:20] Speaker A: I understand how the world works and how these structures work.
It doesn't avoid tax because taxes were paid in Canada Canadian pension funds As a layperson basic understanding of finance. So politically Conservatives business background no financial background surplus budget Canadians so Canadian so JD line of attack peer Polly Avno Conservative Party Cabinet Yes Anita Anand Christia freelancer Sean Fraser Waposagi Dominic Leblanc Francois Philippe Champagne Melanie Jolie.
[00:44:04] Speaker B: Jonathan Wilkinson let's not forget natural resources energy, environment ministers Energy minister.
[00:44:26] Speaker A: Excluding the Prime Minister So financial background it might produce prove to be counterproductive.
[00:45:06] Speaker B: Business net zero Banking net zero transition carbon tax Deham globalist.
[00:46:23] Speaker A: Private sector Private sector the come public policy they play along with the public policy Net zero carbon economies the private sector.
Yes Electric vehicle industry automobile sector.
[00:47:03] Speaker B: The other side is heavyweight business.
[00:47:24] Speaker A: Ties back to the same thing. Yes Conservatives to see financial background lack of private sector experience.
[00:47:49] Speaker B: You're very right.
[00:47:49] Speaker A: So Pierre Polyev Conservatives campaign ad campaigns Carney is just like Trudeau. Carney is just like Trudeau Conservative financial background.
[00:49:04] Speaker B: Maybe Conservatives and this is again open discussion and Lokano V is point of view.
That's the reason why we are discussing most of the his career pretty much entire career politics Jason Kenny then al internal universities Vision of Canada Vision of Canada sorry student life official opposition the.
[00:50:29] Speaker A: Leader.
[00:50:33] Speaker B: Consistency versus private sector central banks the governors policies.
[00:50:53] Speaker A: Even peer poly of the JD Consistency social programs, dental care, child care.
[00:51:01] Speaker B: Yes.
[00:51:07] Speaker A: Conservatives Liberals Liberals Conservatives they're coming back towards the political center.
[00:51:16] Speaker B: Correct.
[00:51:17] Speaker A: So overall Donald Trump Donald Trump Canadians.
[00:51:38] Speaker B: Quality of candidates.
Thank you.
[00:52:07] Speaker A: Thank you very much.
[00:52:09] Speaker B: Thank you have a good day. You too.
