Tag Archives: Budget 2024

Roundup: Healthy tensions made dramatic

Posted on by

The Globe and Mail had one of those stories that sets the cat among the pigeons, where they got a number of sources to describe the tensions between PMO and the department of finance over their spending plans, and in particular that the PMO was adamant that they wanted to do that stupid GST “holiday”/rebate cheque programme, while Chrystia Freeland was trying to keep a lid on spending because she had fiscal anchors that she was trying to stick to.

As for those anchors, Freeland had her usual Tuesday economic good news press conferences yesterday, and very deliberately said that the Fiscal Update next Monday will show that the debt-to-GDP ratio fiscal anchor would be met—but steadfastly refused to mention the other two fiscal anchors she spoke of in the spring, being a cap on the size of the deficit, and a target for the deficit to be less than one percent of GDP by 2026-27. Freeland repeatedly said that the debt-to-GDP ratio was the one that mattered and that we would see on Monday that it was continuing to decline, but the interpretation of that statement is essentially that the deficit will indeed by higher than $40.1 billion, but that overall GDP grew enough that the higher number is less of an issue. We’ll have to see on Monday, but she very much appeared to be telegraphing lowered expectations.

As for those tensions, if anyone has been around Parliament Hill for any length of time, this should be normal. PMO wants to do things that are politically expedient, and that usually involves spending money, which finance tries to rein in as much as they can. This appears to be little different from that very ordinary standard operating procedure. This, of course, didn’t stop Pierre Poilievre from pouncing on this in QP as proof that the PM has “lost control” of his Cabinet (which is risible on the face of it), and every journalist was trying to get some kind of comment on it (when they weren’t trying to get a comment on Trump’s latest slights). Maybe I’ve been up here too long but “PMO wants to spend money, finance tries to say no” isn’t really news. That’s a day that ends in y. Maybe we don’t need to be so breathlessly dramatic about everything all the time?

Ukraine Dispatch

A Russian missile hit a clinic in Zaporizhzhia on Tuesday, killing at least six and injuring at least 22. A missile attack also damaged an industrial facility in Taganrog the same night. President Zelenskyy says that he used his meeting with Trump in Paris to raise the issue of security guarantees.

https://twitter.com/zelenskyyua/status/1866509325197316109

Continue reading →

QP: Pouncing on alleged tensions between PMO and Finance

Posted on by

Both the PM and his deputy were present for QP today, in advance of the Supplementary Estimates, as were all of the other leaders. Pierre Poilievre led off in French, and cited the “weak” prime minister who has lost control of everything, and that he has now lost control of his finance minister, who wanted a big deficit but that Trudeau wanted an even bigger one, and wondered which of them would win. Trudeau said that when a government delivers dental care to seniors, or food to children’s schools, Canadians win, but they won’t if the Conservatives come to power. Poilievre insisted that his finance minister doesn’t agree and that he imposed the “inflationary” GST “holiday” plan on her. Trudeau said that the only one voting against Canadians is the leader of the opposition. Poilievre switched to English to repeat his first question and got much the same response, with a few added jabs that Poilievre was against growing the economy. Poilievre again quoted the Globe and Mail article from this morning, and wondered if they would meet their deficit target. Trudeau accused Poilievre of talking down Canada, while the Bank of Canada would likely cut rates again this week because inflation is on target, and then took another swipe at Poilievre controlling his caucus. Poilievre gave a tortured analogy about the finance minister driving a bus while a “lunatic” grabs control of the wheel, jerks it to the left and smashes through a guardrail down a cliff, Trudeau responded with a paean about the supports they have given Canadians, which Poilievre voted against.

Yves-François Blanchet led for the Bloc, and wanted the PM to denounce his immigration minister for calling out François Legault for attacking Muslims in the name of “secularism” while going to Notre Dame in Paris, to which Trudeau gave a rote line about Charter rights and diversity. Blanchet gave a torture definition of what equality means, and Trudeau reminds him that they should cherish individual rights and freedoms, and that the federal government will defend those rights.

Jagmeet Singh rose for the NDP, and accused the government of siding with the Conservatives in voting against their GST cut proposal, and Trudeau said he was equally puzzled when the Conservatives voted against a tax break for Canadians—but didn’t say anything about the NDP’s plan (which was bad and disproportionately benefits the wealthy). Singh made a half-hearted jab about taxing (or axing?) the prime minister’s excuses, before switching to French to worry about private healthcare in Quebec. Trudeau said that they respect provincial jurisdiction but they have also invested billions in healthcare across the country and would defend the public system.

Continue reading →

Roundup: Sympathy work for the far-right

Posted on by

There are times when it becomes glaringly obvious that legacy media still has no idea how to cover the far-right, whether in the US or here in Canada, and once again, we have been let down precipitously. Yesterday, the CBC published a long sympathy piece about the two main ringleaders of the so-called “Freedom Convoy,” full of lots of photos, and it just once again goes back to how this continues to normalize these narratives. (And no, I’m not going to link to the piece for the sake of giving it hate clicks).

Big feature story by CBC doing sympathy work for those Convoy fucks, normalizing the far-right. Fuuuuuuck that.

— Emmett Macfarlane (@emmettmacfarlane.com) 2024-12-09T12:36:10.705Z

A lot of this falls back to the constant need by legacy media to both-sides everything, providing equal time and weight to narratives and concepts that don’t deserve or require equal weight, because it’s false or misleading, and doesn’t call anything out that can’t be couched in “opponents say” rather than just declaring that something is false, misleading, or batshit crazy. And this kind of sympathy work of showing that people who do very bad things are just misunderstood or are suffering because of the consequences of their actions just goes to make what they did more acceptable. It was the same with reporter who tracked down people who attacked them on January 6th and spent time with them, and did similar sympathy work, which just muddies the waters of the unacceptability of their actions, particularly if they feel a level of justification for their actions—in the case of these convoy organizers, they’re showing the boxes of thank-you cards they got from their adherents. Again, this is not only normalizing the far-right, but it is showing it in a sympathetic light. This is dangerous for legacy media to be doing, and there seems to be absolutely no critical thinking (or ethical considering) in what they think they’re doing, and what they inevitably end up doing is contributing to the erosion of democracy.

Meanwhile, the Star has a very good look at how far-right influencers have weaponized Canada as their cautionary tale, and how that has also in turn been changing perceptions in this country about ourselves, and most especially about the current government and the state of things. (I have a column on this later today). This was far better coverage of the far-right, but is still a bit tepid in the dangers of what these narratives can represent, particularly when it starts to normalize and excuse racism, misogyny, xenophobia, homophobia and transphobia, and how that is very much playing out in several provinces right now. This stuff needs to be explicitly called out, and nobody can do it effectively.

With a quick comment from me near the bottom. Canada has always been of a weird funhouse mirror for US politics. When Americans talk about Canada, they are almost always really talking about themselves. And some Canadian far-right influencers use that for their grift.

— Stephanie Carvin (@stephaniecarvin.bsky.social) 2024-12-10T01:55:07.552Z

— Effin' Birds (@effinbirds.com) 2024-12-09T14:08:01.821Z

Ukraine Dispatch

President Zelenskyy says that he has approved increased funding for drone production for the war effort. Zelenskyy also says that Ukraine is open to having Western troops provide security once the fighting has stopped, provided that Ukraine is accepted into the European Union and NATO.

Continue reading →

QP: More swipes before a confidence vote

Posted on by

The PM was away in Halifax, and his deputy was elsewhere, and most of the other leaders were also away. Pierre Poilievre led off in French, and he accused the prime minister of a litany of economic sins, and demanded he stop raising taxes and “inflationary” spending. Arif Virani said that they were proud of their record and that the Fall Economic Statement would be released on Monday, and praised that inflation as on target and that interest rates have come down. Poilievre mocked that the government wants to bury their record, and wondered if the deficit would remain under target. Jonathan Wilkinson praised the GST cut on purpose-built rentals, and that they are building more houses than ever before. Poilievre switched to English to repeat his first question, and Virani got back up, but this time praised how their childcare programme has seen one of the largest rates of female participation in the labour force. Poilievre lied about debt causing inflation (ignoring the pandemic and the global supply shock), and again asked about the deficit target. Virani cited current and former Bank of Canada governors about the current inflation spike being tamed and how Harper muted the recovery from the 2008 financial crisis by cutting too quickly. Poilievre then said that in the spirit of non-partisanship, they took Jagmeet Singh’s words and put them in a non-confidence motion, and wondered if the prime minister was going to let the NDP to vote for the motion. The Speaker warned that this stretched what was permissible under the administration of government, but Karina Gould got up to point out that it was the Conservatives who muzzled their members.

Alain Therrien led for the Bloc, and raised concerns about religion in schools in Quebec, and demanded the federal government stop “undermining” secularism in Quebec. Jean-Yves Duclos reminded him that education was a provincial matter. Therrien insisted that multiculturalism is what is undermining the ability to live together, and Duclos noted that there is strength in diversity before returning to the reminder that education is a provincial matter.

Jagmeet Singh rose for the NDP to give an anecdote of the plight of a retiree in relation to the demand to extend the $250 “rebate” cheque. Virani got back up to pat himself on the back for their other programmes for seniors, including dental care. Singh retorted that Virani didn’t answer the question, before repeating it he demand in French. Virani said that they always fight against poverty, and the data shows progress.

Continue reading →

Roundup: Tariff threats still inbound

Posted on by

There were a few bits of Canada-US relations over the weekend, starting with the re-opening of the Notre Dame cathedral in Paris, where François Legault secured an invite, and managed to get a few minutes with Donald Trump as a result, and allegedly spoke about the border issues and tariffs. (Incidentally, all of the people who complain about Justin Trudeau’s foreign travel also complained he didn’t attend this event, because of course they did). Trump then went on Meet the Press and extolled the virtues of tariffs, claimed that the trade imbalance somehow means that America is “subsidising” Canada (what?!) and he’s still talking about annexing Canada and maybe turning it into two states (huh?!), because of course he is.

My favourite thing that happened all week was when the premier of Quebec said he wanted to ban public prayer and then flew across the ocean to attend the re-opening of a church.

— Paul Wells (@inklesspw.bsky.social) 2024-12-09T03:21:45.529Z

Meanwhile, several Conservatives including Jamil Jivani went to the IDU conference in Washington DC, and Jivani had dinner with his old friend JD Vance, as well as UK Conservative leader Kemi Badenoch. Poilievre insists that every Conservative is telling Americans that tariffs are a bad idea…yet they are also saying that Trump is right about the border and fentanyl, so do they not make Trump’s case for him? Again, does anyone think about anything they say these days?

And senior public servants are warning Trudeau that the size of America’s debt and deficit are going to have knock-on effects to our economy because they are so closely tied, particularly when it comes to interest rates on the bond market—higher interest on US treasury bonds also drives up the rates on Canadian government bonds. Take that for what it’s worth.

Ukraine Dispatch

Ukrainians shot down 28 out of 74 drones Sunday night, with a further 46 “lost” likely from electronic warfare. No word yet on damage or casualties. Following a meeting with President Zelenskyy at the Notre Dame re-opening, Trump called for an immediate ceasefire in the conflict, along with usual schtick about making a deal, which meant that Russia has sent along their conditions. (Why does this give me a sinking feeling?)

Continue reading →

QP: Avoiding questions about the deficit

Posted on by

After a morning where the Conservatives were on the losing end of procedural warfare with their planned confidence vote debate, neither the PM nor his deputy were present today, nor were any of the other leaders. Jasraj Hallan led off, spouted nonsense about the deficit and inflation, and demanded to know the size of the deficit. Sean Fraser responded by praising the country’s growth projections, and that the Conservatives voted against measures to help people. Hallan listed things that were “broken,” and Fraser chided him for his alliteration before again pointing out the things the Conservatives have voted against. Hallan again demanded the deficit number, and this time Jenna Sudds rose to point out how many more children were in poverty when the Conservatives were in power before listing programmes the government rolled out. Luc Berthold took over in French, and demanded the Fall Economic Statement be delivered on Monday. Steven Guilbeault took this one and decried that the Conservatives voted against the GST “holiday.” Berthold then quoted the “Food Professor” on food prices and blamed the carbon price, and Guilbeault quoted said professor back again in saying that climate change is responsible for food prices. 

Berthold just cited the Food Dude about food prices, and I can’t even. #QP

— Dale Smith (@journodale.bsky.social) 2024-12-05T19:31:02.629Z

Alain Therrien led for the Bloc, and railed about the Senate dragging out the vote on their Supply Management bill, to which Karina Gould reminded him that the government supported the bill, but the Conservatives were divided on it. Therrien railed some more about senators, and Gould again repeated her response. 

Peter Julian rose for the NDP, and decried grocery giant greed in French. Guilbeault again praised the GST “holiday.” Alistair MacGregor decried the same in English, and Fraser praised their school food programme and the GST “holiday.”

Continue reading →

Roundup: Fiscal update when?

Posted on by

This year’s Fall Economic Statement is very late—it’s extremely unusual for it to happen in December—but these are not normal times, and the ongoing privilege filibuster hasn’t helped matters any. The government’s attempts to get shame either the Bloc or the NDP into finally voting with the government to pull the plug on it have all been in vain, because they all want to do their part to embarrass the government as much as possible. This being said, I’m not sure what the holdup is with the Public Accounts either, though they have insisted that they’re with the Auditor General and will be released soon. In any case, the government has refused to explain exactly why these releases are so late, because we’re back to the tiresome “If you’re explaining, you’re losing” schtick, so as usual, this government never explains.

Pierre Poilievre decided that he would pretend to be magnanimous and “offer” the government two hours from the Conservatives’ allotted day on Monday to present the update, but Chrystia Freeland rejected it out of hand, calling the offer absurd, and saying “This proposal from the Conservatives is like an arsonist who set the fire in the first place, saying, ‘don’t worry about it, I’ll come with a fire truck for a couple of hours, but tomorrow I’ll be back again with matches’.” Procedurally, I don’t see how the Conservatives could offer up time to government business on an allotted day, but also procedurally, Freeland could use the daily Statements by Ministers slot during routine proceedings to deliver the update (though that may be somewhat more awkward for the associated media lockup because those statements tend to be earlier than budget or fiscal update speeches are traditionally delivered, in part because of any data from those lock-ups moving markets (which is why they are traditionally delivered after 4 PM). They could technically also deliver it outside of the Chamber (Paul Martin once read it at committee, and the Conservatives liked to deliver it off Parliament Hill entirely), but we don’t want to encourage a return to the practice of announcing things outside of Parliament (and the UK Speaker uses very strong language about this sort of thing).

If I had to guess, I would suspect that it’ll be delivered next Wednesday or Thursday, once the Supply votes are out of the way, which makes it extremely convenient for Freeland and every other minister to spread out across the country to deliver the “good news” about the programmes in the budget, whereas Poilievre would want to use the timing of the update to claim that he “forced” the government to “come clean about the numbers,” or some such bullshit like that. None of this is great, but we’re dealing with an exhausted government and a dysfunctional parliament, so nothing is as it should be right now.

Ukraine Dispatch

Ukraine is giving soldiers who deserted or went AWOL a second chance, particularly given the shortages they’re facing on the Eastern front, and lo, some six thousand soldiers have rejoined. News leaking out of the Trump camp indicate that his plan to end the war involve major land concessions, NATO membership being off the table, and cutting military aid, unless Putin refuses, in which case they would provide more. (Land concessions are not really his goal, guys).

Continue reading →

QP: Using Crombie and Joly as cudgels

Posted on by

The prime minister was present and ready to take all questions, while his deputy found better things to do. All of the other leaders were present today, and Pierre Poilievre led off in French, as is his usual wont, and claimed the PM was weak, lost control of the border, his spending, and his own party, and used Bonnie Crombie’s words as proof (even though it’s not the same party). Justin Trudeau said that his caucus was unified about the GST “holiday,” and claimed Conservatives wanted to vote for it and that Poilievre gagged them. Poilievre repeated the “lost control” slogan to apply it to food insecurity, and wanted assurances from the Economic Statement next week. Trudeau said it would come in due course, and that the government was helping people while Poilievre was jostling for his own political interests. Poilievre switched to English to repeat his first question while adding in the claim that Mélanie Joly launched her leadership campaign in the New York Times. Trudeau said that the Liberals are allowed to have different opinions while Poilievre just muzzles his MPs. Poilievre went on about the Joly story, and said Trudeau needs to get the hint that his party doesn’t want him any more. Trudeau gave a paean about Canadians pulling together when they face threats but Poilievre can’t help himself. Poilievre said that Trudeau was giving Canadian jobs to Trump, and listed “taxes” as proof, while Trudeau said that Canadians see through Poilievre’s shallow games, and that he wants them to struggle because he thinks it helps his prospects.

Yves-François Blanchet led for the Bloc, and demanded the federal government respect the unanimous motion in the Quebec National Assembly to get rid of the religious exemption for hate crimes, and Trudeau hit back that if they cared about it, they would do something about the Conservative filibuster so that said bill could come up for debate. Blanchet repeated the demand, and Trudeau again repeated his point about the Bloc not helping to end the filibuster.

Jagmeet Singh rose for the NDP, and demanded permanent GST exemptions for “daily essentials,” and Trudeau patted himself on their GST “holiday.” Singh recited his new line about the Conservatives being “boot-lickers for billionaires” and the Speaker had to interject before Singh repeated his demand in French. Trudeau repeated his same self-congratulatory response.

Continue reading →

QP: Today’s slogan of “border disorder”

Posted on by

Following all of the speculation and accusation about the dinner at Mar-a-Lago, the prime minister was finally present today, along with his deputy, as were most of the other leaders. Pierre Poilievre led off in French, and he said that regardless if you take the Trump’s threats seriously or believe them to be a negotiation tactic, he claimed Trudeau has “lost control” of everything and demanded an election. Justin Trudeau said that they had a good discussion that talked about the good work they can do together, and added a jab about voting against the tax “holiday.” Poilievre claimed that Trudeau’s “destructive” policies were a gift to Trump, and Trudeau again chided Poilievre from voting against the GST “holiday,” as well as programmes like dental care or school food. Poilievre switched to English to repeat his first question, and this time, Trudeau cautioned about taking too seriously the erroneous talking points the Americans have weaponised, and that it wasn’t responsible leadership. Poilievre said that his job was not to cover for Trudeau “breaking” things, and listed a bunch of non sequiturs, and Trudeau said that they were stepping up for Canadians, and again listed the things the Conservatives voted against. Poilievre dismissed the programmes, and railed about the carbon levy. Trudeau recited that the carbon rebates puts more money back in the pockets of eight out of ten Canadians.

Yves-François Blanchet led for the Bloc, and he demanded a budgeted, detailed plan about the border. Trudeau said that they shared their immigration plan several weeks ago, and that they would continue to reduce the number of irregular migrants thanks to significant investments in staffing levels at the border. Blanchet said that they need a plan for the future, not the past, and listed other files he is concerned about, and wanted a Quebec representative in any future negotiations. Trudeau assured him that they did talk about trade, steel and aluminium, as well as softwood lumber on Friday, and that they will stand up for jobs.

Jagmeet Singh rose for the NDP, raised that Conservatives fired thousands of CBSA officers when they were in power, and wanted them all rehired, more hires on top of that, and their mandate expanded. Trudeau said that he agrees that the Conservatives only know how to cut, and listed other programmes they want to cut as well. Singh repeated the same in French, and closed with accusing Trudeau of coming back from the meeting empty-handed. Trudeau repeated that they have reinvested in the border, and have reduced the number of irregular arrivals.

Continue reading →

Roundup: The GDP data and the “collapsing” economy

Posted on by

Yesterday was the day that Statistics Canada released the quarterly GDP figures, and they were middling. The economy is sluggish, but 1.0% annualized growth in the quarter is growth, and it bears repeating that we have avoided a recession after the inflationary spike, so this is the “soft landing” that the Bank of Canada was aiming for. And because growth is sluggish, there is plenty of talk that the Bank will likely make another 50 basis point cut in December rather than 25.

The Conservatives rushed to make hay of these numbers, particularly the fact that per capita GDP fell by 0.4% over the quarter, which was the sixth quarterly decline. (Yes, there was revised data that pushed up growth and made the quarterly decline less pronounced for the past two years). And why has there been a decline in per capita GDP? Because at the end of the lockdowns, we ramped up immigration to combat labour shortages, and all of those new workers pushed up our growth enough to avoid a recession, and because the denominator has been increased faster than the numerator, it’s a pretty solid indication that the growth could very well be much stronger once we get it back on track. To that end, the Conservatives’ press release compared our non-annualised figures to the American annualised numbers to make ours look worse (they later issued a correction), and put out misleading tweets that blame Trudeau and not the 2014 collapse in oil prices for the so-called “economic vandalism” that they believe that simple line graphs show.

https://twitter.com/maxfawcett/status/1862538994221031782

And then there was the absolute mendacity in Question Period. Michael Chong said that the estimated effect of Trump tariffs was less than what Trudeau has done (which is both false and stupid), and Corey Torchor, unbelievably, claimed that the StatsCan data showed that the economy was “collapsing,” and I wish I was making that up. In no way did any of that data indicate that there was anything resembling “collapse.” Sluggish, yes. Collapsing? How? Either the Conservatives are just outright lying with statistics, or they have no clue how to read GDP data (or maybe both). And the funny thing is that all of this concern about declining per capita GDP is a pretty de facto way of saying that they are cheering for an actual recession, which we would have had if we hadn’t juiced immigration the way we did. I wish this wasn’t so stupid, and I wish we had more journalists calling this out, but we don’t because “I was told there would be no math.”

This is incredibly mendacious framing.GDP per capita largely declined because of the influx of immigration, which staved off an actual recession. Saying that Trump tariffs would do less damage than the current government is both stupid and wrong.

— Dale Smith (@journodale.bsky.social) 2024-11-29T21:15:09.167Z

Tochor claims that StatsCan reported that our economy is “collapsing.”Bullshit. Complete and utter bullshit. He doesn’t know how to read GDP data and is going to just lie. #QP

— Dale Smith (@journodale.bsky.social) 2024-11-29T16:37:05.538Z

Ukraine Dispatch

Russian drone attacks hit residential buildings in Kyiv and Odesa, injuring eight. Ukrainian forces are facing a desertion crisis because of overstretched forces, psychological scarring, and the management of the war. Ukraine’s army chief is pledging more troops on the eastern front after visiting there. Here is a look at Ukrainians dismantling a thermal power plant before the Russians can advance on it.

https://twitter.com/ukraine_world/status/1862448598702596345

Continue reading →