He’s the patriot that supported Canada doing mass immigration to reduce Canadian wages, to protect asset values against a “wage price spiral”, where workers finally had actual bargaining power for wages. The Liberals have hollowed out the middle class the last decade, while never funding a single program, so we owe a huge debt as per capita GDP fell.

Now Carney wants to withdraw the capital gains tax increase before it has even been implemented, and to tariff foreign emitters, a tax on ourselves in order to gift it to Brookfield’s ESG department for carbon capture. Coincidentally where he just used to work.

I’d like if we moved in the reverse direction, but I think too many people are benefiting from real estate to do anything about it. We just gifted 300m to Bangladesh, maybe its time we stopped destroying poor Canadians by removing GST on housing or building mass transit?

I recognise the benefit and purpose of unions, but recently I have to admit I’ve been a bit conflicted over them.

We frequently see stories about pending cuts / budget shortfalls here in BC, for things like Teachers and Transit workers. The news releases always phrase the issue as the amounts the govt gives these orgs having ‘failed to keep up with inflationary pressures’. They’ll very rarely also note that a huge % of that budget goes directly to salaries… where we’ve heard unions in past years negotiate fairly huge wage increases. Leads to a fairly simple conclusion that the “inflationary pressures” that are causing things like after school programs to be cut, are the union’s negotiated salary increases.

The wage increases that they negotiate, are also way higher than most of the increases I’ve seen / heard of in the private sector. The economy’s so bad, some jobs have even been unable to provide regular CPI increases… yet union workers still get their ~20% increase over 3-4 years or whatnot. The bank of Canada had cautioned people not to setup high-multi year increases due to the market uncertainty around the time covid restrictions were easing – private sector generally listened, unions/public sector did not.

The public sector also now employs more people than ever before – skewing statistics significantly. A recent stat I saw placed it at about 1 in 4 workers in Canada work for the public sector, where these sorts of increases are more standard. As a result, lopsided increases in public sector wages skews national numbers in regards to aggregate stats on wages. However, public sector funding comes from private sector taxes – and without gains in the private sector / productivity to fuel increased tax revenue, how exactly do unions / govt think we’re going to pay for those “inflationary pressures”? The private sector workhorse can only survive so much flogging.

When I was younger, govt work was viewed as lower pay, but far greater job stability. Now, it’s higher pay and greater job stability. And the amount of govt workers has increased dramatically, making it all the more obvious that it’s a golden ticket. When interacting with govt workers, there’s also a sense of ‘waste’ from the private side – like seeing 6 workers at a govt dispensary just standing around with no customers for hours, as they collect higher pay cheques than regular retail + have better job security. This creates animosity towards what’s essentially a privileged worker class. Govt workers in the states faced a huge backlash from the public, in part because of this sort of disparity, I imagine. I hope that the progressive folks are keenly aware of that gap, and are mindful of what may result if they leave it to fester. It’s the sort of situation that makes people vote in favour of things like DOGE, and allows more extreme folks to co-opt that message for far more nefarious purposes / more extreme actions. There needs to be an alternative, or a shift to more practical budgetary sanity.