PBO report on Carney Tax Cut, Competition Bureau wants more competition for domestic air travel, CSIS report wants about India and other countries.

June 19, 2025 01:02:53
PBO report on Carney Tax Cut, Competition Bureau wants more competition for domestic air travel, CSIS report wants about India and other countries.
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PBO report on Carney Tax Cut, Competition Bureau wants more competition for domestic air travel, CSIS report wants about India and other countries.

Jun 19 2025 | 01:02:53

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Show Notes

In today’s News Takeaway, Vijay Saini and Vasu Kumar break down the latest developments: the Parliamentary Budget Officer's report on Carney’s proposed tax cut and its potential impact, the Competition Bureau’s push for more airlines in Canada to lower prices and improve service, and a CSIS intelligence report raising alarms about interference from India and other foreign governments. An informative roundup of fiscal policy, aviation reform, and national security concerns.

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Episode Transcript

[00:00:01] Speaker A: And now News Takeaway. [00:00:16] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijay Good. [00:00:24] Speaker A: Morning Connect Nal Connect Good morning and. [00:00:52] Speaker B: It'S all in fun and games. [00:01:02] Speaker A: Yeah On a serious note, generally then you get fed up sometimes so sometimes you get a little, you know, exhausted. [00:01:39] Speaker B: I agree with you. [00:02:15] Speaker A: Let it slide Just be like Carney. [00:02:25] Speaker B: Swear no programs. [00:02:53] Speaker A: Acquaintances for example. For example. [00:03:10] Speaker B: Yeah we are not one dimensional beings hear Bojada Bolna panel exactly program YouTube connect media connect Newsroom the income tax cut lowest income tax step by step percentage points income taxi income tax of course maximum savings 2 income family average savings average savings of course average savings for this current year. [00:05:37] Speaker A: Oh that's for a family so average per person basis Per person basis the saving honey average so average Ways and means motion present Kitaga Finance Department up to $840 so maximum saving PBO the report maximum saving just bracket the Lokan two income family we with one child second income tax bracket from next tax year. [00:06:49] Speaker B: Those over a course of two year period half percentage point. [00:07:03] Speaker A: So effectively income tax so next year the income tax next year the taxable income 2020 tax year of 2026. [00:07:28] Speaker B: That will be full that will be for the that's the logic right maximum savings 2 income couple average savings average high earning single Canadian top tax bracket average saving so senior criticism is tax conservatives will know especially KJ Kata Amdan Valega especially Hondime single senior Akoi Unan Waglay Salvi tax day which pure Salvaste Conservatives Garaini tax day which is saving honey. [00:08:30] Speaker A: So can they be McDonald's stone Tim Hortons no Ik breakfast sandwich. [00:08:33] Speaker B: Vinyana. [00:08:36] Speaker A: Conservatives so per person basis so can they be owe Mellar Tarasi sent Manda that applied to conservative promise as well. [00:09:47] Speaker B: Percentage point the savings. [00:10:27] Speaker A: So depending on family composition Family composition depending on income bracket variables Canada child benefit benefits. [00:11:01] Speaker B: So overall revenue loss over five years federal tax credits which we could adjustments net cost billion dollar after adjusting the federal tax credits yeah they finance Canada. [00:11:28] Speaker A: Tax Canadians so number almost similar similar. [00:11:35] Speaker B: Finance. [00:11:38] Speaker A: These are no too many numbers political party federal level provincial level municipal level but that's not how it works. [00:12:09] Speaker B: Bill lowest income tax bracket income tax so provincial NDP lowest tax bracket. [00:12:44] Speaker A: Basic personal amount. [00:13:00] Speaker B: Conservatives we benefits the mangay benefits defense spending investment defense spending efficient parliamentary budget officer specific details spending the plan can they support Naikit yeah so. [00:14:31] Speaker A: PBO candace is checked $10 billion extra target defense target defense spending ali billion dollar ISAL extra already budget defense spending estimate defense related spending billion dollars a total banjandi defense spending $62.7 billion total GDP. [00:15:48] Speaker B: Finally correct yes. [00:16:45] Speaker A: Direct defense spending the date percent defense related spending total Malaki can the punch percent Netherlands NATO. [00:17:13] Speaker B: Leaders summit There was NATO leader summit Defense spending yes Canada EU summit. [00:17:24] Speaker A: Even today EU the leaders don't know G7 summit Canada EU summit Mark Cardney Canada Defense spending announced Europe the Rearm Europe Readiness 2030 Plan announcement Canada EU summit so expected expect this on Monday. [00:18:02] Speaker B: That could be one of the major news stories in Canada so. [00:19:13] Speaker A: Bhatti Mujabadi correct. [00:19:24] Speaker B: Yes. [00:19:39] Speaker A: Yeah. [00:20:04] Speaker B: Articles which even spoken content. [00:20:16] Speaker A: Yeah so yeah exactly and it's okay we are not being grammar nazis and we are no experts Enthusiastic enthusiast. [00:20:43] Speaker B: Concerted effort. [00:20:46] Speaker A: And again. [00:21:04] Speaker B: Criticism take constructive feedback. [00:21:06] Speaker A: Yeah exactly that's fine. [00:21:41] Speaker B: Even in professional setting oh you mean to say this criticism take constructive feedback Domestic airline industry Domestic air traveler Domestic travel Air Canada the West jet concentrated Canada Mexico Mexico yes that's a very good example Toronto I'm traveling within the country a domestic traveler It's a very good example Vancouver to Mexico Vancouver to Toronto Montreal flight times so Competition Bureau domestic air travel Recommendations recommendations. [00:24:13] Speaker A: Recommendations Kinari report. [00:24:27] Speaker B: Correct. [00:24:31] Speaker A: Domestic sector airlines lack of competition Foreign entity investment foreign investment domestic sector domestic only airlines foreign Investor Airline sector 49% Foreign investment. [00:25:40] Speaker B: Foreign investor foreign investors single foreign entity Canada the airline so Competition Bureau the Ikta recommendation here domestic purposes within the country within Canada flights foreign investor 100% foreign ownership company domestic travel of course passengers ticket buyers so airport maintenance. [00:26:31] Speaker A: Fees can there be aged passenger. [00:26:46] Speaker B: Airport maintenance fees Canada international flight system. [00:26:59] Speaker A: Exclusivity clause. [00:27:06] Speaker B: Airport major international flight the host. [00:27:10] Speaker A: Yeah so regions Transport Minister Competition Bureau can the transport minister. [00:27:56] Speaker B: Rural areas which highlight northern areas critical assets links here Canada Jetlines so links Canada Jetlines. [00:28:46] Speaker A: Subsidiary the Sunwing airlines so. [00:29:04] Speaker B: Airlines airlines domestic travel flight options available medium tier cities the connectivity. [00:29:40] Speaker A: Yeah and which is the a cache 22 situations. [00:30:25] Speaker B: It was either soup or flare I think most likely swoopsy payment payment airline the popularity Canadian aviation sector taxi ride flight. [00:31:17] Speaker A: So major hubs. [00:31:45] Speaker B: House of Commons really sitting they bill C5 they upper debate no cut short Karan Balajala Mata CEO earlier this week conservatives they support the NAL liberals pass ASI persons second reading committee stage important House of Commons ultimately Committee stage. [00:32:51] Speaker A: Yeah so first reading Hogi second reading Hogi Committee stage Final reading House of Commons opposition party so bill C5 so basically internal trade barriers Provincial trade barriers did a mobility of labor did a major infrastructure projects it will continue it will linger on to the fall session so there Are strong borders act asylum the rules changes so. [00:34:49] Speaker B: Massive protest idle no more movement. Yeah. 2.0 Idle no More 2.0 Uprising Indigenous Bill C5 yeah so Bill C2 C4. [00:35:11] Speaker A: Making life affordable act income tax cut Correct. Housing starts housing for first time home buyers Making life affordable act federal political party provincial privacy laws so federal political party provincial is watchdog House of Commons second reading out Tensor exactly. [00:36:45] Speaker B: Right. [00:37:09] Speaker A: Collection rate. [00:37:51] Speaker B: Correct. Unless federal party provincial watchdogs income tax Kate. [00:38:43] Speaker A: Regardless Bill C3 SIGA Lost Canadians Vala Yes Fall session is extra quick Cybersecurity. [00:39:32] Speaker B: Yeah, you never say never so they keep opposition that the baptism Iran, India, China, Pakistan political ideology Even Canada the overall political system especially India Political opponents organized crime the networks concerning trend syndicates the Vartun Kitijaraya Transnational repression Legitimate speech. [00:41:27] Speaker A: Yeah. Specifically with the re election of Indian Prime Minister Narendra Modi India's political course will be a continuation of Hindu nationalist policy agenda. Hindu nationalist policy that has been implemented since Prime Minister Modi was elected in 2014. [00:41:51] Speaker B: Correct. [00:41:56] Speaker A: Hindu nationalist policy agenda Prime Minister Modi one of the ministers the advisors oh India the global influence domestically abroad. [00:42:42] Speaker B: Criminal activities Lawrence Bishnoi Group Terrorist entity. [00:42:58] Speaker A: Public. [00:42:59] Speaker B: Safety critic Amit Shah has been credibly accused of approving illegal activities on Canadian soil. Yet Canada appears to be proceeding with diplomatic normalcy Diplomatic between India and Canada Public safety critic. [00:43:45] Speaker A: Terrorist entity. [00:43:49] Speaker B: Because we are on this topic Canada the Public safety Minister Terrorist entity independent process directly. [00:44:11] Speaker A: This is an independent process done through national security agencies National Security Agency recommendation Public safety Minister can they may HD recommendation Terrorist designation of course can you consider Karnwas they can look forward to that terrorist designation the BC Conservatives but yes, it should be done. [00:45:27] Speaker B: Policies report which mentioned particularly activities of course Hindu nationalist agenda. [00:45:58] Speaker A: Iran Iran the intelligence service Outlaw biker gang. [00:46:16] Speaker B: Foreign interference China Russia Iran Pakistan GB data with Canada US calling Domini no contract no ID no credit check Nalhi Rogers Shanda deals existing chatter customers Abbotsford Delta Scott Road Business center which call 778-438-3017 actually Friday Nsiraj National Security and Intelligence Review Agency House of Commons Immigration, Refugees and Citizenship Canada National Security and Intelligence Review Agency Federal Intelligence Agency report House of Commons Immigration Refugees and Citizenship Canada IRCC National Security Agency Intelligence Review Agency the concern here solid proof. [00:49:19] Speaker A: Lawful protesters Immigration Department Intelligence collection Intelligence report Australia New Zealand investigation yes so Edni both is other Niji Jankari Date of birth place of birth Yes a point of contact so emergency contact information Significant security risk Federal Department including immigration. [00:52:29] Speaker B: That is on video. There has to be. So are we going to wait until something really bad happens? Prevention is better than cure. Prevention. [00:53:26] Speaker A: So, passport, travel history, visa application package, work permit holders, intelligence agency application packages, work permit holders, security threat. [00:54:11] Speaker B: Much more detailed information. [00:54:18] Speaker A: Employment history, travel history, qualification. Qualification. The contact information. Passport information. [00:54:52] Speaker B: Liberals, Trudeau, Sarkarvele, Pichle, Charan, Sarlandevich. At least financial capability. Chakiti Nahi. Criminal record. Chakitaga Again. [00:55:48] Speaker A: Marital status, employment history, home addresses, telephone number, email address, emergency contact, employment history. We get sometimes I really feel it. We get too touchy about privacy sometimes. [00:56:50] Speaker B: Privacy. I can't help but recall that particular case. Traffic violation. Karthi. Traffic violation. Police dog. VCA dog. Najasa dog. No training. Which drugs? Particular three Canal Bethega. Drugs Dog. JS Angle. Conclusive evidence. Technical angle. Kirk. Canada Rules and regulations. Honor system. Police. Exactly. We did talk about that. [00:59:02] Speaker A: Calls. Messages clearly over each hair. Email address, phone number, employment record. What's the problem with that? [00:59:38] Speaker B: We don't want to live in a surveillance state. Chaotic state law abiding citizens. [01:00:15] Speaker A: At least. Intelligence agency, federal departments. [01:01:30] Speaker B: Individualism. [01:01:42] Speaker A: Police liaison officer. [01:01:48] Speaker B: Yes. Correct. [01:01:49] Speaker A: Drug dealers. [01:02:15] Speaker B: Okay. [01:02:29] Speaker A: All I know is that there's more than I know. [01:02:32] Speaker B: More than I know. [01:02:46] Speaker A: Thank you. [01:02:48] Speaker B: Thank you very much. Really appreciate your time and your expertise. [01:02:51] Speaker A: Always a pleasure. [01:02:51] Speaker B: Thank you. [01:02:52] Speaker A: Thank you very much. [01:02:52] Speaker B: Always.

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