Real GDP per capita declines, Surrey Police Services becomes police of Jurisdiction, Federal GST Holiday bill passes, Social media ban for kids.

[00:00:01] Speaker A: And now News Takeaway Connect FM 91.5 Days May you find the deal you want Taylor Swift concert Cirque du Soleil performances Vancouver downtown Unless you're going for any of these events Downtown Vancouver yeah. [00:01:10] Speaker B: So Skytrain Taylor Swift extended service. [00:01:47] Speaker A: So yeah, that's the number so I think watch parties next weekend especially Vancouver downtown. You're right, you're right, you're right Canada the economy annualized Darth percent the rate they grow KT second quarter analyzed growth rate C O Dou percent CD a. [00:03:21] Speaker B: Third quarter which 1% growth rate bank of Canada may project KTCB 8% HOEGI so Bank of Canada the projection cut growth so September they wage month over month 0.1% growth Preliminary estimate high government spending was main reason household spending the household saving. [00:05:07] Speaker A: The Galkitina TJ quarter spending 8.8% household spending third quarter which was 0.9% of the year trucks, vans the SUV so vehicles third quarter partly household savings household savings third quarter at 7.1% household savings are 8C this was less than 3% so J GDP percent the annualized growth contributing factor like you mentioned households spending week factor spending households spending households the savings sentiment credit card payments household debt which we trillion dollar total household debt so JD household savings concentrated maybe high income earners that's right yes. [00:06:42] Speaker B: Canadians invest so ogd saving buildup so that could also be one of the. [00:07:23] Speaker A: Contributing factors and that's an important point which is saving the dark level they maintained then I think believable reasonable gala households spending 1% month over month real GDP to the point that you mentioned economy spending patterns investment pattern third quarter business spending machinery and equipment inventory spending the which households economic holarenu business spending. [00:08:45] Speaker B: Yeah businesses investment labor force staff interest rate cut the chances cut 50 points perhone numbers GDP the growth third quarter bank of Canada the expectations the date percent growth the 8% growth rate cut the chances 50 points cut Variable labor force survey of the Sambardi Shirwat which that's the last major Data set before 11December. [00:10:21] Speaker A: Key trade stance industries hold downward pressure America next interest rate policy decision of Starat Haranda Sambarnoa America inflation numbers job numbers Canada the bigger interest rate cut downward pressure daily use items there'll be a lot of job losses auto sector. [00:11:54] Speaker B: Household spending the household saving the vejbada contributing factor population so per capita saving. [00:12:43] Speaker A: Recently but that money is not domestic money Employee compensation third quarter the point that you mentioned collective agreements towards the year end boss are a retailers Bossari manufacturers products the incentives sales so third quarter the numbers sorry fourth quarter my apologies fourth quarter the last quarter. [00:13:39] Speaker B: Retailers. [00:13:57] Speaker A: This is a very crucial time. [00:14:33] Speaker B: Satisfaction 100% saving hundred percent 100% savings. [00:14:36] Speaker A: Up to Winnie 100% savings Internet. [00:15:43] Speaker B: This is overwhelming thank you so much yes yes. [00:15:48] Speaker A: Police service finally police of jurisdiction number of officers full fledged police service provincial force police service so basically Surrey Police service RCMP NAL Karahesi assist Kar Desi paroles reverse. [00:16:34] Speaker B: Service RCMP technically it will cease to exist it has ceased to exist City of Sari Denal another municipal contract policing expire transfer Kadita Gyar into a provincial contract so provincial police so RCMP in provincial capacity Police service assist Karangay so policing the Lehas no Punjabi neighborhoods neighborhood policing districts Newton Ji O police service they call Kal Adhirath neighborhoods police officers policing districts service Dahi SPS dispatch dispatch jurisdiction per in neighborhoods police officers AJV Ziadatar RCMP police officers as you mentioned concentrated. [00:18:51] Speaker A: Starting next year areas by 2026 or 2027 special press conference Public safety minister of course as mayor would be there as well so police of jurisdiction police service municipal police force Honey Jay idea they call upon municipal police force Municipal election Municipal election reverse Karandi Koshishkiti Otto Magaram fair province ultimately province policing costs. [00:21:00] Speaker B: So administration initiate Mayor Brenda Locke she'll bring the transition to a screeching grinding screeching transition reverse as you mentioned so ultimately opposition parties public safety situation. [00:23:08] Speaker A: That was the target that was the motive number of police officers crime sophisticated crime Jale criminals hopefully and Omid policing service NAL officers Vancouver Police of Sandy Vancouver boots on the ground number of officers. [00:24:09] Speaker B: Policing policing numbers infrastructure or similar new style of policing so stylish police actually style word use so I was slightly surprised the official messaging new style of policing style so stylish police service they might be able to make up for it $1.6 billion capital gains tax inclusion rate indigenous drinking water Walla bills supplementary estimates important pieces of legislation. [00:28:07] Speaker A: Liberals that's all this is doing supplementary estimates There are so many other things that ought to be talked about More sparks could fly potentially in the House of Commons Speaker Greg Ferguson Opposition days Opposition days discussion performance. [00:29:55] Speaker B: For the sake of discussion Beer, video games prepared meals diapers car seats. [00:30:27] Speaker A: Overall impact. [00:30:29] Speaker B: Kia that doesn't do anything doesn't do. [00:30:32] Speaker A: Anything at all it doesn't do anything. [00:30:34] Speaker B: For anybody Meaningful impact who is asking for it? Why spend $1.6 billion on this thing? $1.6 billion this is $1.6 billion 1.6 billion. Yes. [00:31:47] Speaker A: To put it in very straight and blunt words. [00:31:57] Speaker B: Nobody asked for it. [00:31:58] Speaker A: Nobody asked for it. [00:32:17] Speaker B: Does not make any sense. Nobody's even asking for it. Conservative Party Canadians weekend instead of Liberals. Make it a confidence motion. [00:32:50] Speaker A: Social media. They banned Australia under 16. Was the social media Bandar Kanun Password. [00:33:08] Speaker B: Social media platforms. Nasha destigmatized Gardo. Come on. Thank you, Vijayji. Have a nice weekend. [00:33:46] Speaker A: You have a good weekend. [00:33:47] Speaker B: May you find a good deal. [00:33:48] Speaker A: May you first find a parking spot. [00:33:52] Speaker B: Thank you. [00:33:52] Speaker A: Thank you, Vasari.