Carbon tax eliminated, City of surrey proposed 2.8% increase to general property tax, Controversial Liberal Candidate quits.

April 01, 2025 00:49:00
Carbon tax eliminated, City of surrey proposed 2.8% increase to general property tax, Controversial Liberal Candidate quits.
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Carbon tax eliminated, City of surrey proposed 2.8% increase to general property tax, Controversial Liberal Candidate quits.

Apr 01 2025 | 00:49:00

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Show Notes

In today's News Takeaway segment, Vijay Saini and Vasu Kumar discuss the latest updates, including the elimination of the carbon tax, Surrey's proposed 2.8% increase in general property tax, and the sudden resignation of a controversial Liberal candidate. What does the removal of the carbon tax mean for Canadians? How will Surrey homeowners be impacted?

Tune in for expert analysis and insights

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Episode Transcript

[00:00:00] Speaker A: And now News Takeaway. [00:00:14] Speaker B: Connect FM 91.5 Days Takeaway segment the Vasu Kumarji studio Good morning Vijay. [00:00:24] Speaker A: Good morning Connect null Connect. [00:00:31] Speaker B: 2Nd Quarter Q2 Q2, that's true but Trump that kind of thing you have to be a minimum of 35. See, we'll be nicer this and that. What do you say? [00:01:56] Speaker A: Exactly what it was. [00:02:01] Speaker B: Carbon tax Provincial politicians confidence and supply agreement Confidence and supply confidence Green Party BC Conservatives yes. [00:03:02] Speaker A: So carbon tax consumer carbon tax first possible moment Cabinet carbon tax. [00:03:48] Speaker B: Kamar Karni tax. [00:04:07] Speaker A: Election campaign legal backstop Carbon tax Lago Nikardi Provincial carbon tax we were the first jurisdiction in Canada to implement a carbon tax Federal carbon tax formula Basically listeners provincial carbon tax Federal carbon tax so it's either or so federal campaign even Liberal Devi leadership candidates so March carbon tax Carbon tax. [00:05:12] Speaker B: Correct. It was evident Liberal Party of Canada leader Consumer carbon tax Premier Kode Galjime like you mentioned Pichle Salto Karde so Judo February which is spring break to pela session Chalia see Jala budget sessions Basically consumer carbon tax at one point gas company, gas station. [00:06:58] Speaker A: Natural gas companies. [00:07:04] Speaker B: Natural gas company so gas station. [00:07:14] Speaker A: They are not regulated by the government as compared to what the price was yesterday. So per liter Metro Vancouver. [00:07:50] Speaker B: Yes as compared to $97,98 even last Monday carbon tax eliminate on average carbon tax savings about 17.6 cents per liter. OK consumer prices BC utilities commission so. [00:08:30] Speaker A: British Colombians. [00:08:40] Speaker B: It'S almost like so Vasudi gas prices carbon tax. [00:09:56] Speaker A: Just a heads up now is not the time to be playing games with essentials for British Colombians or Canadians as a whole. [00:10:21] Speaker B: Especially yes between 2019 and 2025 Crude oil refining the cost profit margin retail margin. [00:11:07] Speaker A: So $72 approximately and J Elon Musk electrical cost prohibitive. [00:12:06] Speaker B: Yes. So like you mentioned earlier so natural gas company carbon tax savings carbon tax elimination savings which translate yeah so saving. [00:13:09] Speaker A: A translate hone a savings reduction Climate action tax credit chart percent BC charge percent climate action tax credit up to $1,000 credit C for a family income tested so approximately 2/3 of British Colombian families in most cases climate action tax rate they ended up getting more in credits than they paid as carbon tax Even Green Party is amendment so if Bill 8 this was Bill 8 Climate Action Amendment bill so climate tax amendment bill so proposal alternate climate policy. [00:14:46] Speaker B: So NDP Desiree membership. [00:15:05] Speaker A: Industrial carbon tax revenue less than 200 million yeah so consumer carbon tax Climate action tax credit so 8.8 billion dollar the net industrial carbon tax million dollar revenue industrial carbon tax industrial Carbon tax We are already running huge deficits Double digit billion dollars deficits Then what's the path to balance. [00:16:17] Speaker B: Contingency fundraise so I think fingers crossed Rub Rub is unforeseen Koi especially summer season lives Total carbon tax revenue budget present Kita which projected revenue $3.05 billion of course benefit I don't want to miss it Parents the wedding anniversary yes 62nd wedding anniversary happy 62nd wedding anniversary 62nd wedding anniversary I hope not and a very Good morning everybody. 62nd wedding anniversary. [00:18:58] Speaker A: Cents Metro Vancouver. [00:19:24] Speaker B: That'S why property tax 2.8 plus 1 3.8% property taxi the 8% the road Levisi so 6 plus 1 atki 2.8 plus 1 so 3.8% average household no property tax $77 on average extra extra. [00:20:15] Speaker A: Yeah so property tax property tax 2.8% of both nominal inflation inflationary pressures Firefighters fire services positions Thus bylaw positions Police positions Fund Kitiya Jangiya citywide operations Property tax increase proposal Finance Committee the meeting first reading which most likely approve property tax City Council meeting yeah, that's right. [00:21:44] Speaker B: General Capital Program the planner the Jewish kit that's over 5 years Chati Vakovakhari projects Newton Valad Nama Community center swimming pool Newton Valley Library Newton infrastructure project is Pansala Yojana Deviche the Siagya planning and design for the 10,000seat arena in the city center. [00:22:28] Speaker A: Yeah so it's budget property tax service implement yes property taxes so million dollar police service the operating budget per year the operating budget so operating budget one time transition funding net operating budget Operating budget operating budget. [00:24:02] Speaker B: Pretty much this is. These are the numbers the enhancements, the expansion the projects extra funding so road network average property tax for a single family home 3169 bottom third cities as compared to other municipalities. [00:25:08] Speaker A: Punch percent Delta which percent Langley with Sadhar percent Burnaby with Punch point 8% so which is fairly nominal and I think. [00:25:23] Speaker B: Provincial hyperbole Total 10.8% General property tax about the utility rate hike Convoluted numbers Wastewater treatment water consumption wastewater component wastewater treatment utility rates and that increase is because of the wastewater Wastewater treatment plant. [00:26:48] Speaker A: That'S because of that. [00:26:49] Speaker B: That's because of that? Yeah, that 76% it sounds astounding. [00:27:19] Speaker A: Property tax Some components are like that. [00:27:26] Speaker B: Yes by the way, then please make sure Federal Liberals later on Paul Shanghai Chinese Media outlet Conservative Party the nomination first name Joe Last name Tay JK Hong Kong Canada as an immigrant Conservative Party they Don Valley Northali riding Tomidwarna Conservative Party nomination Police officer Hong Kong the police which can lead to the arrest of Jote Hong Kong dollars Canadian doll Social media they post Kit missed an opportunity. [00:30:27] Speaker A: I do not want to be a distraction Prime Minister I do not want there to be distraction in this critical moment. So it was a terrible lapse of judgment on his part. The comments were deeply offensive. Paul Chang He's a person of integrity. We have police officer this is a teachable moment. Yes, it is a teachable moment. It teaches us that Mark Carney will never stand up for Canada. So opposition they can't defensive deeply offensive situation handle Curly opposition He missed an opportunity Strong leader present Karate Social media Jody Wilson reported. [00:32:04] Speaker B: Seems like the new guy, just like the old guy. [00:32:17] Speaker A: Justin Trudeau death penalty so Mark McKenzie Windsor Ontario city councillors. [00:32:44] Speaker B: Campaign There were a lot of experts. You still have time even Liberals Navy NDP Navy I believe Conservatives so Samara India Chinese diaspora groups Diaspora groups. [00:33:29] Speaker A: At. [00:33:29] Speaker B: The beginning of this year Canadians I think debates debate probably could be very decisive. Of course, even French also controlled campaigns Debate could play a very decisive role. [00:34:37] Speaker A: Public safety Public safety candidate moment organic moment politically so controlled environment which press conferences which yes Open questions coffee. [00:35:59] Speaker B: Visa, permanent residency, work permit, spouse, families and any sponsorship need immigration the cases which Maharne Ik Daftar Sari the York Center Abbotsford Day cedar Park Place 604-547-7100 Chase so no haircut we program this Safeway Denazdek Nami location the Phone number has 604-468-8899 Beauty College Hair stylist short term courses. [00:36:45] Speaker A: Kyokyote Wig Wing we have Palmy. [00:36:48] Speaker B: Haircut Krona Hoja Wiggle Voni Hoi so no haircut the Delta location Theo Jhi Wiggle Gakana Laganaki Appointment booker only haircut the location they call Karo Jamfir Another smartphone app download Kirkv appointment book Karvai. [00:37:13] Speaker A: So I am bringing this up again because I wanted to highlight a point Conservative Party from Markhan Union well Joe Tay Hong Kong police Hong Kong dollars the bounty Hong Kong the police activist yeah, my bad Hong Kong police Chinese consulator A political opponent Canadian political opponent no China the consulate so Pierre Polyvne you know he dialed it up a notch literally. Can they Paul Chiangnu Marna Chande Sorry but interestingly politics Exactly. So yes yeah see very easily. It's very easy for us to write off China like minded country and I. [00:40:13] Speaker B: Think Hong Kong Hong Kong handover British Hong Kong Freedom of speech Hong Konger Station Domestic issue cost of living situation infrastructure election campaigns. [00:42:17] Speaker A: Correct so yes you are right campaign so will this be that issue? I doubt so 500,000 new starts. [00:42:51] Speaker B: Metro Vancouver Greater Toronto development costs Every single question was about Paul Chang so Av? Ona Vasti I think as as a politician and as an economist bank of Canada cost of living Conservative strategists. [00:44:28] Speaker A: Yeah lost Liberal decade Lost Liberal decade. [00:44:42] Speaker B: Fentanyl crisis no control Karandevich Liberal affordability issues of course in between Trump Conservative Stephen Harper the communication director Ontario which dug for the Conservative Party last week within the party civil war situations. [00:45:50] Speaker A: The national campaign director policies Writing associations St. John's Newfoundland Laboratories Energy sector Energy sector policy recommendations act no new pipelines Act west coast tanker bang that's Bill 48 industrial carbon tax the indigenous loan guarantees corporations Canadian Indigenous Opportunities Corporation CIOC Indigenous loan guarantees so Pierre Poly Avne St. John's Newfoundland Laboratory which Ajay announcement middle class tax cut income tax cut on the Galkiti lowest tax bracket Ali Carbon housing starts for first time home buyers dental care cost the dental coverages expand. [00:48:38] Speaker B: There are two seats in Alberta and they would want to hang on to those seats and her party official party status thank you very much thank you.

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