Episode Transcript
[00:00:01] Speaker A: And now News Takeaway Connect FM 91.5 Days Takeaway segment Good morning Vijayji Good.
[00:00:21] Speaker B: Morning Connect Null Connect Good morning.
[00:00:28] Speaker A: That idea has been used.
[00:00:42] Speaker B: Environment friendly tape Environment friendly jobs create.
[00:01:13] Speaker A: They are just in Sanada Nama so Sathbi's auction house New York the value of the artwork is in the certificate of the authenticity certificate.
[00:03:38] Speaker B: So yeah that's why.
[00:03:46] Speaker A: Even there.
[00:03:46] Speaker B: I think so even those will not.
[00:03:48] Speaker A: Be exempt Aren't there some beers as well.
[00:03:56] Speaker B: Content but they are very there Most of the beers they are close to 5% alcohol 5.25% 4 to 6% so most of the beers will be covered wine which content?
Alcoholic content so the hard liquor definitely.
[00:04:35] Speaker A: That besides the point economic overall system Retail Council billing system you have to figure out you have to switch back again bank of Canada already interest rates economic activity Ah J Tax Dirayat Odon Derita Odon Lokamasi Honki Hoya Rahata Honviya Parhona bank of Canada December January inflation the numbers later in the year for every March day Jadu inflation the numbers.
[00:06:06] Speaker B: So spending COVID 19 at least Pierre Polya multiple times government spending the Kark inflation They're printing money so apples and apples bananas and bananas comparison Canadians.
[00:06:52] Speaker A: In about three weeks bank of Canada the interest rates meeting bank of Canada after the October inflation numbers.
[00:07:41] Speaker B: So confusion we create honey as you mentioned.
[00:07:47] Speaker A: At the.
[00:07:47] Speaker B: Same time so Ontario Prince Edward Island Brunswick, Nova Scotia Newfoundland Labrador.
[00:08:22] Speaker A: Receipt Matlab K Federal Sarkar taxes Composite tax Harmonized sales tax.
[00:09:16] Speaker B: Justin Trudodi press conference press conference temporarily just for the purpose of passing this bill so most likely NDP ALEC programming motion.
[00:10:45] Speaker A: JD Filibustara ONU temporarily pause.
[00:12:04] Speaker B: I do not vote on press releases Standalone motion fall economic statement.
[00:12:55] Speaker A: Those who worked in 2023 Employment Self Employment Most likely not most likely not.
[00:13:16] Speaker B: The individual income for example which is not.
[00:13:33] Speaker A: Too bad David yes so ultimately Federal sovereign data national data in fact first quarter February March GDP growth the Opel percent the Ono Vivadar Kentai percent Kia Jar eco economists economic activity GST which is temporary relief first growth.
[00:14:49] Speaker B: GDP numbers spending inflation with but at the same time inflation data sets.
[00:15:20] Speaker A: Christmas shopping so J Loki Apni shopping hold Karl retailers they could be forced advertised already because J Buyers shopping Black Friday deals so.
[00:16:01] Speaker B: Let'S see so messages can the Ukraine billions of dollars donate inflation.
[00:16:12] Speaker A: Point America will know Ukraine military aid American JD Defense industry so okay which he produce okay American economy inflationary pressures significant portion circulate Pharaoh product Bank Ukraine Canada Ukraine Canada they produce Hoken some of it is some of it is not all of it not to the extent.
[00:17:02] Speaker B: $10 billion infrastructure which Kyuni invest Justin Pyromaniacs socialistic money printing $10 billion infrastructure which last Sarkar the Kamehunda economy no Infrastructure no Job market no Inna Zada Sarkar Manufacturing No Natural resource sector no Canadians know.
[00:17:57] Speaker A: Yes and especially Election election election.
[00:18:21] Speaker B: Even provincial level John Horgan Election call majority.
[00:19:04] Speaker A: About $1,000 for a family yes it's not healthy.
[00:19:19] Speaker B: It's not healthy for Canadian democracy.
[00:19:26] Speaker A: Billion dollar device A Kaldi announcement Pania revenue extra already j multi billion dollars.
[00:20:22] Speaker B: Debt servicing cost.
[00:20:26] Speaker A: That'S right.
[00:20:29] Speaker B: So is fiscal billion dollar SADI financed servicing cost.
[00:20:36] Speaker A: Principal $54 billion $54 billion increasing interest rates I think this is a pertinent point to extend fixed mortgage rates bond yields, credit rating down interest the same thing is not true or has not been true for the developed economies to attract those investors There are other market forces as well as stock market returns overall monetary policy budgetary situation Kia Jadon Bond yields Fixed mortgage rates Fixed mortgage rate bank of Canada they overnight lending rate Variable rate mortgage is impact so overall bond yields bond the interest rates Fixed mortgage rate.
[00:24:32] Speaker B: Market instability Yes recently over the weekend use long range missiles in the territory of Russia markets which I see instability.
[00:24:59] Speaker A: That'S how.
[00:25:00] Speaker B: It works the government Government no Pension funds sovereign wealth funds.
[00:25:16] Speaker A: Services mortgage interest rates Quickly Ferrisika Chair of the committee as a whole Basically Genevieve Member BC Conservatives Additional responsibilities NDP the MLAs of State Parliamentary Secretaries Overall J NDP because of the extra pay that everybody's going to get BC Conservatives John Rusted Shadow Cabinet Leadership positions John Rustado Cabinet BC Conservatives Local government BC Conservative Local government.
[00:30:08] Speaker B: Yeah. So total iswar election Municipal administration Municipal politics at the same time Provincial Abbotsford School Board Trustee Corky Newfield Peace River Regional District Director There is nothing in the law.
[00:31:57] Speaker A: There could be a potential conflict of interest.
[00:31:59] Speaker B: Yes, that and USTOMI is important.
[00:32:53] Speaker A: So yes, you are right Conservative members local government body and yes, the question is very relevant.
Well, then that's not the best value for money.
[00:33:20] Speaker B: Municipal election.
[00:33:42] Speaker A: Maybe that was also one of the contributing factors Provincial election.
[00:34:28] Speaker B: Public Safety Minister Public Safety Minister Subas Represent Karisi City of Saridi Council Mayor Son Public Safety Minister yes, at least there is a perception of public conflict of interest.
[00:34:54] Speaker A: Then what?
[00:34:54] Speaker B: So then what? Mike Farnworth City Councillor Public Safety Minister Conflict of interest viewpoint but then still there would be a perception of conflict of interest.
[00:35:24] Speaker A: There is no law Federal election Interim Financial health program IFHP ODEV Million dollar Chaidane ACE program Rahi J Canada the which refugees refugee claimants process and even after having gone to the provincial system Federal ACE healthcare program Rahim refugees program the Hercha Sat million dollars.
So almost as you mentioned, he cut out the services Canadian citizens permanent residents like you mentioned.
Dental care, Dental care, Honor dental care refugees vision care, mobility services, ambulance services.
[00:38:32] Speaker B: Pharma care, prescription drugs.
[00:38:33] Speaker A: Prescription drugs, long term care, home care, hearing aids, oxygen equipment.
Yes, yes.
Just in this year alone in the first nine months of the year total.
[00:39:47] Speaker B: JIRA pool see asylum seekers are refugees.
[00:40:46] Speaker A: By the time the year comes to an end.
September, October, November and onwards for several reasons.
[00:41:03] Speaker B: Permanent resident Canada their provincial insurance kicks in. Yes Private insurance health program plus can eat Canada communicable disease mental health coverage.
[00:42:27] Speaker A: One time settlement payment refugees they have more children for the first 12 months and the health care benefits are on top of it.
[00:43:02] Speaker B: For context.
[00:43:07] Speaker A: Yeah, that's right.
Canada the system it was it has been brought in with a very good intention based program Asylum claimants per night per person on the sea on top of that payments.
So ultimately there is only one taxpayer. Yes, Subita already housing asylum seekers.
Federal.
[00:45:47] Speaker B: Income tax, provincial income tax.
[00:45:52] Speaker A: Property transfer tax though Joe Khan profit on the tax though. So Harpas a tax complainer.
[00:46:13] Speaker B: Domino.
[00:46:14] Speaker A: Domino.
[00:46:16] Speaker B: Thank you.
