The federal treasury has reported its biggest monthly surplus since the recession, suggesting that Ottawa will handily beat the current fiscal year's deficit projection the government released in last month's budget.
Or be patient until the deficit is gone? This is a monthly surplus, we are still running a deficit for the year.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
"peck420" said Or be patient until the deficit is gone? This is a monthly surplus, we are still running a deficit for the year.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
Exactly!
We need to pay down some debt. It's killing us.
Unfortuntely, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
Unfortunately, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
And to a large extent, they would be right.
Creating a infrastructure debt, in lieu of a fiscal debt, has done nothing great for Alberta. Same for healthcare and education.
They are all debts that will eventually need to be repaid. Granted, I do like the idea of paying the fiscal debts promptly, to minimize debt servicing costs, that doesn't diminish the fact that there are servicing costs associated with ignoring other areas as well.
"OnTheIce" said Or be patient until the deficit is gone? This is a monthly surplus, we are still running a deficit for the year.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
Exactly!
We need to pay down some debt. It's killing us.
Unfortuntely, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
Interest rates are cheap, but the cuts made to science and technology programs will have huge financial impacts for decades to come.
Pay it with the low rates to avoid paying higher rates later.
That require a level of foresight I would be amazed to see in the government. Still they're better than the private sector though. Try getting them to see beyond the next quarterly report.
"N_Fiddledog" said Well, there goes another lefty talking point down the sewer.
It's been a bad week for them. First the pollywog prog lost his "Middle Class is in trouble" talking point, and now this.
Losing the 'talking point' doesn't mean it is defeated...they consider people making $100 000.00 per year 'middle class'.
It's like losing the investigation into the election robocalls...they can't prove there was a conspiracy. That doesn't mean that they didn't intend to do exactly what they did which was call people up and give them bad information. But now they can gloat about being innocent and running an ethical campaign.
Anyone willing to call anyone a 'lefty' at this point is wearing Stevie Wonder's glasses.
It's been a bad week for them. First the pollywog prog lost his "Middle Class is in trouble" talking point, and now this.
Or reduce my tax burden.
... unfortunately.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
Or be patient until the deficit is gone? This is a monthly surplus, we are still running a deficit for the year.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
Exactly!
We need to pay down some debt. It's killing us.
Unfortuntely, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
Unfortunately, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
And to a large extent, they would be right.
Creating a infrastructure debt, in lieu of a fiscal debt, has done nothing great for Alberta. Same for healthcare and education.
They are all debts that will eventually need to be repaid. Granted, I do like the idea of paying the fiscal debts promptly, to minimize debt servicing costs, that doesn't diminish the fact that there are servicing costs associated with ignoring other areas as well.
We need a good balance.
Or be patient until the deficit is gone? This is a monthly surplus, we are still running a deficit for the year.
Or, maybe, even be a little more patient and get rid of some of our debt? The dividends that that would pay out, for future generations of Canadians, would be incalculable.
Exactly!
We need to pay down some debt. It's killing us.
Unfortuntely, when that happens, we'll have the rabid left screaming that Canada is 'throwing away money' when paying off debt.
Interest rates are cheap, but the cuts made to science and technology programs will have huge financial impacts for decades to come.
Short term pain, long term gain.
Well, there goes another lefty talking point down the sewer.
It's been a bad week for them. First the pollywog prog lost his "Middle Class is in trouble" talking point, and now this.
Bundy saved it from being a total disaster.
Interest rates are cheap,
This too will change.
Pay it with the low rates to avoid paying higher rates later.
This too will change.
Pay it with the low rates to avoid paying higher rates later.
That require a level of foresight I would be amazed to see in the government. Still they're better than the private sector though. Try getting them to see beyond the next quarterly report.
Well, there goes another lefty talking point down the sewer.
It's been a bad week for them. First the pollywog prog lost his "Middle Class is in trouble" talking point, and now this.
Losing the 'talking point' doesn't mean it is defeated...they consider people making $100 000.00 per year 'middle class'.
It's like losing the investigation into the election robocalls...they can't prove there was a conspiracy. That doesn't mean that they didn't intend to do exactly what they did which was call people up and give them bad information. But now they can gloat about being innocent and running an ethical campaign.
Anyone willing to call anyone a 'lefty' at this point is wearing Stevie Wonder's glasses.