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Federal Budget Day - just how bad will it be?

Boom Boom
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Joined: Dec 29 2004

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Boom Boom
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Joined: Dec 29 2004

CBC has pre-budget reporting on Newsworld - doesn't look good - increasing retirement age, cutting environmental protections, services to the public cut, Katimavik may be gone... and lots more to come. It may be months or years before the full scope of cuts is unravelled and their impacts known.


Boom Boom
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Liberal MP David McQuinty complaining about what's coming in the Con budget - was he equally critical of the budget his brother is responsible for in Ontario? Wink


duncan cameron
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Joined: Apr 17 2001

Background noise level going up in the House. Members gathering to hear the Cons announce austerity. Will push all parts of Canadian economy not benefiting from commodity prices in the wrong direction. When commodity prices soften, watch out.

 


duncan cameron
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The Minister is on his feet. In his new shoes? Talking about Economic Action Plan 2012. " we have a rare opportunity to position ourselves for long term economic growth " Is this 1945, and is he reading the White Paper?


disenchanted
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Joined: Mar 26 2011
Ominous tweet just now...where do they find all the willing thugs?

kady: 

Something I don't recall in past budgets: Finance officials asking to listen in on reporters' interviews. #bdgt12 [via Twitter]


Boom Boom
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On CBC Newsworld now: Commons security escorting student demonstrators out of the House of Commons. Mulcair just called the budget "a betrayal".


Boom Boom
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There are substantial cuts, even more substantial spending. And substantial downloading to the provinces - prisons, for example.


disenchanted
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Joined: Mar 26 2011

They shut down the feed to silence the  protest?


Boom Boom
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Not on my satellite. Terry Mileski's video of Flaherty presenting the budget highlights went down, but CBC showed the demonstration feed just for two minutes, though - because Commons security was getting in the way of the cameras. Brave students!!! 

 

ETA: Occupy Parliament! :strike

ETA: CBC having a lot of technical problems today.


Boom Boom
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Aboriginal Education over three years gets half of what was requested and is needed. I bet Shawn Atleo is pissed off today. That summit with the Prime Minister was a farce, apparently.

19,200  Surprised  public sector jobs cut over the next three years - some by attrition.

It's official - Katimavik is cut. Fuck. Frown


Boom Boom
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Joined: Dec 29 2004

Environmental assessment regulations chopped so projects can go ahead faster. Shale gas extraction (fracking) regulations trimmed to encourage greater extraction.  This is becoming a resource economy budget. Gov't wants to use resources to pay all the bills and get out of deficit.


epaulo13
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Joined: Dec 13 2009
Stop the Conservative attack on Seniors!

Prime Minister Stephen Harper has announced that his Conservative Government will raise the age of eligibility for Old Age Security (OAS) from 65 to 67 years old.This decision has enraged Canadians of all ages because, as it stands right now, OAS is a modest but essential benefit that provides retirees with roughly $508.35 per month, or $6100.20 per year.

The Conservatives claim that as the “Baby Boom” generation ages, OAS will become too expensive. However, Parliamentary Budget Officer Kevin Page has stated that the “Boomers” will not break the bank. He says “there is no fiscal reason to raise OAS.”....


Boom Boom
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Mulcair: Harper's words "worthless".


disenchanted
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Joined: Mar 26 2011

More ominous news: CFIA to stop policing nutrition claims on food labels; lobbies to be monitored for political commentary by Revenue Canada (but fundamantalist churches and think tanks will probably be safe).


disenchanted
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More ominous news: CFIA to stop policing nutrition claims on food labels; lobbies to be monitored for political commentary by Revenue Canada (but fundamantalist churches and think tanks will probably be safe).


Doug
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Joined: Apr 17 2001

The only thing in it I can get enthusiastic about is ditching the penny. Oh, wait, I found another. A 5% cut to defence.


Arthur Cramer
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Joined: Nov 30 2010

I was watching the CTV. Don Martin refused to call Mulcaire the Leader of the Opposition. CBC did the same thing on the 5PM EST national news. Not only that, they made sure to introduce Rae and then reprise that he had just spoken. More of the same, these guys are going to do what ever they can not to call us the Opposition. What a bunch of jerks!


Unionist
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Joined: Dec 11 2005

A budget that screws the planet for short-term profits

Quote:
This is a colonial vision of the economy as a quarry for foreign interests. Instead of ensuring development of resources in a manner consistent with real long-term needs like energy security, the federal government is to open to any foreign investor who wants our resources, and Canadians will politely have to clean up the mess afterwards. [...]

The term “climate” appears four times in the budget. Twice there is a passing reference to climate change, but really an afterthought. The other two times are in reference to investment climate.


Boom Boom
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Joined: Dec 29 2004

Arthur Cramer wrote:

I was watching the CTV. Don Martin refused to call Mulcaire the Leader of the Opposition. CBC did the same thing on the 5PM EST national news. Not only that, they made sure to introduce Rae and then reprise that he had just spoken. More of the same, these guys are going to do what ever they can not to call us the Opposition. What a bunch of jerks!

 Evan Solomon and Peter Mnsbridge have been calling Mulcair his proper title all afternoon - I know, I'm watching.


Boom Boom
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Joined: Dec 29 2004

Elizabeth May: The government in this budget is now assuming the costs for seismic testing for all the oil companies in exploration. Up to now it's been the financial responsibility of the oil companies. So Taxpayers are now paying for their exploration costs.

Jim Flaherty: "we are expecting $500billion in new investment by the oil companies, and we want this to happen as fast as possible".***

Holy shit!!! Surprised

 

***in other words, before the Cons get booted out in 2015.

(a CBC pundit just said the Cons are doing all this because they have a majority and are flexing their muscles)


Arthur Cramer
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Joined: Nov 30 2010

Boom Boom how dare you not let me go on and rant without reason. You adult you! You make so mad! YellLOL!!!!!Smile


Boom Boom
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Joined: Dec 29 2004

You're welcome. Smile


Arthur Cramer
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Joined: Nov 30 2010

That David Herle is an arrogant a--hole. He also is unbelievably petty.


Boom Boom
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Joined: Dec 29 2004

Habitat protection (ie fisheries) cut or streamlined - not sure which.


Arthur Cramer
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Joined: Nov 30 2010

I think that Harper and his gang is softening people up for even more extreme cuts in years to come. Does anyone know who Ian Sprott is by the way?

Another item, they are increasing the amount of duty free item dollars people can spend in the US. I don't think that is such a good idea. SHouldn't we be trying to figure out how to get people to stay and buy at home? And not to mention anything about cancellation of the home eco retro fit program cut.


Unionist
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Joined: Dec 11 2005

The media is reporting (but not commenting at all about this) that the retirement age for federal public service workers hired after 2012 (I think) will rise from 60 to 65. I'm trying to figure out what that means.

Right now, under their pension plan, you can receive an unreduced pension (i.e. no penalty, but obviously depending on how many years of service and how much you earned in your best 5 years) if:

1. You are at least 55 years of age and have 30 years of service; OR

2. You are 60 years of age and have at least 2 years of service.

Does this mean they are moving the #2 age from 60 to 65, and leaving #1 alone? If yes, then it's not as drastic a change as it seems, because #2 is a rare provision in the private sector. #1 is much more common.

Of course, the big cut will be the increased contributions by workers, but I haven't seen those details yet.

If anyone understands this better, or if I've got it wrong, please weigh in. I'm really trying to figure out not only how this budget affects federal employees, but how and whether those attacks can be picked up as a model by other employers.

 


Arthur Cramer
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Joined: Nov 30 2010

Really, any time you increase the time until someone can collect a pension, you are in effect taxing them.


Boom Boom
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Joined: Dec 29 2004

Massive student demonstrations against tuition fee increases in Quebec, Ontario rallies planned to protest their budget  - can major demonstrations against this piece of shit budget be far behind?

I get the feeling 2012 could be a big year for demos. And the Occupy movement might start up again.

May be that a General Strike across the country will be the only way to shake up the neocons and neoliberals.


Fidel
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Joined: Apr 29 2004

Majority Tories Budgeting Like MinoriTories  Den Tandt

Quote:
A majority of Conservative MPs had been pushing for a radical overhaul of government operations and substantial reductions in spending that would have allowed them to campaign on a balanced budget in 2015. Clearly, with the Prime Minister's Office on the defensive politically after two months of missteps and scandal, the hawks were overruled.

IOWs the fiscal Frankensteinian Harpers have the NDP to contend with.


Brachina
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Joined: Feb 15 2012
I'm going to speak heresy here and say it wasn't as bad as I was expecting, I mean its bad, but just normal bad for the Tories, not,OMG bad. That worst parts are the jobs lost, cuts to EC, and the attacking enviromental protection. I think the damage from this budget will be able to fix in 2015, especially the penisons and some of the dumber Military purchases the tories have put off. I was expecting an immediate 8 billion cut from the budget. Still plenty for the NDP to target.

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