Real Canuck retweeted
Controversial take, and certainly a contrarian one, but I think the Bank of Canada rate hike was the right move.
I say that despite the terrible September employment report, which showed the economy losing 68,000 jobs after another 42,000 were lost in August, with unemployment rising to 6.5%. That clearly argues for caution. But beneath the headline, September’s weakness was disproportionately public-sector driven, while private-sector employment actually increased.
Meanwhile, credit conditions remain strong and money supply continues to expand. M2 by itself isn't a reason to raise rates, but when money and credit are expanding alongside resilient private-sector activity and persistent inflationary pressures, the combination becomes harder to ignore. The Bank is essentially choosing between two risks: overtightening into a weakening labour market or allowing relatively loose financial conditions to reignite inflation. I think the latter is now the bigger risk. If you disagree, look at the Canadian bank stocks.
Real Canuck retweeted
I have been following the American polling carefully . I can disentangle the dross from the reliable. It's increasingly clear that Trump is going to suffer a major defeat. For me the question shifts from will he be decisively bounced to what sort of anti democratic chaos will ensue
Real Canuck retweeted
Turns out appealing to a broad cross-section of voters with a likable leader and a campaign low on grievance but focused on the economy while rejecting Trump and MAGA-style culture war battles paid off for the BC Conservatives with one of biggest majorities in decades.
Real Canuck retweeted
I miss the 2017 BC election. None of the parties’ candidates openly embraced homophobia, antisemitism, or antagonism to First Nations. The carbon tax was supported by the 3 main parties; the Greens (at the time) weren’t proposing to run a chain of grocery stores. #bcpoli
Real Canuck retweeted
The BC Greens claim capital flight from their proposed retroactive wealth tax is a “mostly empty threat.”
Actual economic research suggests otherwise…
A new Stanford study examining California’s nearly identical 5% billionaire wealth tax found:
• Nearly 30% of the proposed tax base has already departed
• Expected revenue falls from $100B to approximately $30B
• Lost future income taxes could exceed the revenue collected.
• Estimated net fiscal impact is NEGATIVE $38.9 BILLION.
The researchers found a negative fiscal outcome in 85% of their simulations.
These are estimates, not final outcomes, but they expose a serious flaw in the BC Greens assumptions.
You cannot tax wealth that leaves your jurisdiction. And when wealth leaves, the consequences extend well beyond the tax itself.
Ideology doesn’t override economics.
Real Canuck retweeted
Alberta separatists crying about an oppressive liberal government in Ottawa while driving $120,000 trucks and SUV’s while planning their second Mexico vacation this year.
Real Canuck retweeted
Voting for the values you believe in is never wasting your vote @VoteCentreBC
Real Canuck retweeted
Don’t forget that polls don’t win elections OR separation referendums.
TURNOUT DOES.
There aren’t enough separatists in Alberta for separatism to win if everyone votes, clearly. But EVERY ONE OF THEM WILL VOTE. If those who oppose separatism DON’T VOTE, the foreign agents win.
Please don’t assume anything, Alberta. Vote against the Russian & American-fuelled separation self-sabotage. Send a strong message to the rest of Canada that we’re in this together. Foreign actors want you to vote for your own Brexit or Trump…or to help them win by staying home.
bbc.com/news/articles/cze2dn…
Real Canuck retweeted
If Vancouver’s election teaches us anything, it’s that voters reject extremes. The left needs to find balance too: progressive policies that are practical, affordable, and grounded in everyday concerns. Otherwise, we’ll keep swinging between extremes instead of making real progress.
Real Canuck retweeted
We've seen the same numbers in Canada. I have talked about this for years now: Millennials (like myself) haven't been screwed by the system and we aren't doing worse than previous generations. The discourse was only influenced by a few losers who couldn't find a life partner and buy a home
"Don’t feel sorry for millennials. They are living it up now" economist.com/finance-and-ec…
"The Economist has assembled data on millennials’ incomes for 32 rich countries. In just three of these—Italy, Greece and Japan—are millennials worse off"
Real Canuck retweeted
Climate change: creating a climate for hope voteweaver.ca/2026/10/10/cli… #bcpoli
Real Canuck retweeted
The year is 2066
The BC NDP is hiking the highest tax bracket from 96% to 98%.
“We’re asking the richest among us to chip in just a little bit more”
UPDATE: We now have the rate details.
And this is much broader than the “millionaires’ tax” initially advertised.
The proposed B.C. provincial rates would increase:
• 16.8% → 18.8% on taxable income from $190,405 to $265,545
• 20.5% → 22.5% from $265,545 to $1 million
• A new 24.5% rate above $1 million
That means the combined federal/B.C. top marginal rate would become an astonishing 57.5%.
And notice where the tax increases actually begin: roughly $190,000, not $1 million.
So much for simply asking “millionaires” to pitch in a little more.
I’ll have much more to say about this.
Real Canuck retweeted
Why is raising taxes always their first move?
Extract more. Build less.
Canada is rich in natural resources. We should be turning that advantage into investment, jobs, exports and prosperity.
Instead, we keep asking the same people and businesses to pay more.
The left’s promise of “free everything” still needs someone to fund it.
Keep treating productive people and investment as an endless source of cash, and you risk driving both away.
Grow the economy. Develop our resources. Build the wealth that funds better services and a lower tax burden.
NEW - @Dave_Eby says he will create a new tax bracket on people who earn more than $1m annually, to tax the wealthiest British Columbians to help pay for health care costs.
Real Canuck retweeted
The tale of two governments.
February 2025: Standing inside Canadian-owned Save-on-Foods to encourage people to "Buy BC" as part of Team Canada and fight Trump.
October 2026: Standing outside Save-on-Foods accusing BC owner Jimmy Pattison of profit gouging.
Real Canuck retweeted
By the way SOGI is a way for marginalized kids to have a community in our schools and feel welcomed it doesn’t in any way distract us from teaching math and reading. Teachers walk and chew gum all the time!
This is an insulting, uninformed, and disrespectful take on what’s happening in #bced. Teachers and EAs work hard everyday despite the chronic underfunding, to educate our students. Often at the expense of our own health.
Maybe go visit a school Lorne?
Real Canuck retweeted
Eby also announces that he will double the existing empty homes tax on residential properties. Naturally, this tax disproportionately hits BC and Canadian citizens, not foreigners.
In other words, the beatings will continue until morale improves.
Real Canuck retweeted
I've been asked why an Environmental Scientist would vote against the NDP and my reply is simple: show me one significant environmental protection advanced by this govt. The reality is the NDP hasn't been good for the environment, their policies frankly are creating brownfields
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