Small businesses asking for help?????

[bucket]

Watching some business news on CBC and small businesses are asking for help because of something out of their control....


Geez are these not the same people that always shit on farmers when there is a reason for help like last year's harvest????


They will get the help they need....but no farm group is stepping up ...

Even the largest agricultural province ...Saskatchewan ...doesnt have politicians asking the federal government for help....

Marit brags about the value of ag products but ignores dryland farmers...

[Austrian Economics]

Most people seem to regard the federal government as Santa Claus. If they attempt to bail out every entity that goes broke as a result of this crisis, they too will go broke. The demands for federal borrowing can easily rise faster than interest rates can fall to the point where debt service costs just consume your budget.

Another thing to consider is that in the boom phase, tax revenues, much of it from capital gains, are filling government coffers. In the bust phase, this revenue dwindles. Unemployment insurance payouts can easily rise fast enough to overwhelm funds within the current system. Unemployed people also don't buy much, so sales tax revenue can collapse.

[Misterjade9]

You are correct Bucket, these are the same people that would bitch if ever there was an Ad-hoc agriculture payment. We deal with not just one but numerous things beyond our control every season, however these people will argue that we have backstops and safety nets to mitigate those things out of our control. Unfortunately they don't understand that those programs do not work. I hate to be a ass about this but i honestly hope no relief comes their way and then maybe they will understand what we as primary producers deal with on a yearly basis, programs that don't work or if they do work they are usually a day late and a couple hundred thousand dollars short. It would be nice, but remember their vote counts, yours doesn't.

[Spyguy]

Most people seem to regard the federal government as Santa Claus. If they attempt to bail out every entity that goes broke as a result of this crisis, they too will go broke. The demands for federal borrowing can easily rise faster than interest rates can fall to the point where debt service costs just consume your budget.

Another thing to consider is that in the boom phase, tax revenues, much of it from capital gains, are filling government coffers. In the bust phase, this revenue dwindles. Unemployment insurance payouts can easily rise fast enough to overwhelm funds within the current system. Unemployed people also don't buy much, so sales tax revenue can collapse.

If our prime ministers would not have given all of Canada’s money away to everybody in the world this wouldn’t be such a big deal for the federal government to help our own citizens.
The other night on highway to hell they were recovering a wreck and they were worried that it would fall apart and block the railway through the mountains. Jamie Davis said that it would cost 1 million dollars per hour to close that rail line. Who paid for the illegal block aids that closed our rail lines? They didn’t even lay criminal charges. What a joke this country has become.

[hobbyfrmr]

If our prime ministers would not have given all of Canada’s money away to everybody in the world this wouldn’t be such a big deal for the federal government to help our own citizens.
The other night on highway to hell they were recovering a wreck and they were worried that it would fall apart and block the railway through the mountains. Jamie Davis said that it would cost 1 million dollars per hour to close that rail line. Who paid for the illegal block aids that closed our rail lines? They didn’t even lay criminal charges. What a joke this country has become.

I have a couple of friends who worked in the CP Rail ivory towers in Calgary. Yes, a million dollars an hour if/when mainline traffic is interrupted. The side note to this is, container freight of consumer goods is regarded as most important. Grain cars are spotted, they know where they are, they will hook em up when they get time.
There is money in pulling grain cars but more money pulling anything else.