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Canada Borrowing Limit Raised To 1.8T

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  • jazz
    Senior Member
    • Jul 2018
    • 9308

    Canada Borrowing Limit Raised To 1.8T

    Since we have no functioning parliment, a coward PM in hiding and a feckless media obsessed with Trump, these little news tidbits are missed by the majority of canadians.

    Just for review. Canada has $1.2T in federal debt now, a doubling in 5 yrs. They are now looking for an additional $600B in borrowing limit. That will be a triple in debt.

    Hard short on the loon remains.

  • furrowtickler
    Senior Member
    • Dec 2004
    • 22283

    #2
    https://parl.ca/DocumentViewer/en/43-2/bill/C-222/first-reading

    This is concerning.....

    Comment

    • TASFarms
      Senior Member
      • Feb 2014
      • 1369

      #3
      Well ain’t that prudent. Where is it going?

      Comment

      • blackpowder
        Senior Member
        • Feb 2010
        • 9378

        #4
        Prudent for most of us to stay in the dark. I can't watch anymore. Most people clueless of what the video talking about.
        Better get used to what a functioning parliament now looks like. Four year majority coming up. Prudent to get stoned I guess.
        Last edited by blackpowder; Jan 11, 2021, 22:39.

        Comment

        • TASFarms
          Senior Member
          • Feb 2014
          • 1369

          #5
          Originally posted by furrowtickler View Post
          https://parl.ca/DocumentViewer/en/43-2/bill/C-222/first-reading

          This is concerning.....
          https://www.cbc.ca/news/politics/trudeau-one-planet-summit-1.5868543

          Comment

          • burnt
            Banned
            • Sep 2009
            • 3918

            #6
            Originally posted by TASFarms View Post
            Well ain’t that prudent. Where is it going?
            To which are you referring - the removal of the current borrowing "limit", or the amendment to the expropriation act? Well maybe it doesn't matter.

            Had a friendly phone call from FCC just after Christmas. Just wanted to remind me that I have plenty of room left on my borrowing limit - is there anything I might want or need?

            https://parl.ca/DocumentViewer/en/43-2/bill/C-222/first-reading https://parl.ca/DocumentViewer/en/43-2/bill/C-222/first-reading

            So as the Expropriations Act now stands, your farm could be replanted to trees or grass if there is climate variability - good thing there is never any climate variability. Or your "private property" could be expropriated for the public good. Without compensation. Based on government whim, not word. (there is a difference)

            Neither makes any sense to a functional, responsible government that respects historical Canadian values.

            The idiots who want to move these measures along have never, ever had a callous on their hands or dirt under their nails. And they want to punish anyone who has earned or worked for what they have.

            Bolshevism 2.0

            When the UN installed the Freeland marionette, they attached an extra string to the back of its head to give it a grotesque, bobble-head effect. Helps distract from the unsavory Marxist message.

            Edit: Upon further reading, the proposed amendment to the Expropriation Act would help restrict the government's ability to arbitrarily move to re-wild private property. If I'm understanding the lingo correctly. It takes a while and a few re-reads...

            More Edit: the amendment would disallow the currently-allowed circumventing of lawful, regulatory process. So in other words, as the Act now stands, a special interest group with a supposed emergency situation could go directly to expropriating - or acting on - private property without following the public review process.

            This is a private member's bill brought forward by Cheryl Gallant , MP - C, Renfrew. She is an advocate for us.

            It would be worth calling your MP as well as Ottawa, discussing it, and getting behind this. It may be one of the most important things you do today. Read it first (relevant Sections of the Act and the Amendments) and understand it.
            Last edited by burnt; Jan 12, 2021, 08:22.

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 22283

              #7
              When conspiracies are no longer theory , they become worrying, especially when they have the power to overturn what some of us have when worked for on family farms for over 100 years in one piece of legislation. Some may not have the deep connection, maybe left the farm , maybe only started 5-10 years ago . But for some of us , many on here it’s a lifetime or 3
              There are several other “changes” coming all to do with this “new direction” or reset .
              This has been coming for a while , most people dismissed it as nonsense.

              Again , just saying it’s concerning, DYODD.
              Last edited by furrowtickler; Jan 12, 2021, 06:51.

              Comment

              • SASKFARMER
                Senior Member
                • Dec 2005
                • 7115

                #8
                It's coming and it's coming fast. Give Skippy a Majority in March or April and he will along with the Camel Toe in the USA Turn these two countries into complete utter chaos. All of us that have land will be gone. Given to others for Climate change RESETTING.

                Don't Comply and people like Chuck and Forage will be the Fed Gov inspectors who come and assess your farming practices etc.

                Don't believe me well it's happening and I can't believe farmers cant figure it out.

                Comment

                • burnt
                  Banned
                  • Sep 2009
                  • 3918

                  #9
                  As a kid, there was a morbid fascination to watching the headless chicken flop all over the back yard at butchering time. It could make one heck of a run for it but the outcome was always the same - stripped clean, eviscerated and into the pot.

                  It was over and it didn't even know it.

                  Aren'tcha glad we're not chickens?

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17487

                    #10
                    [QUOTE=jazz;482735]Since we have no functioning parliment, a coward PM in hiding and a feckless media obsessed with Trump, these little news tidbits are missed by the majority of canadians.

                    Just for review. Canada has $1.2T in federal debt now, a doubling in 5 yrs. They are now looking for an additional $600B in borrowing limit. That will be a triple in debt.

                    Hard short on the loon remains.

                    [/QUOTEClick image for larger version

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