Business
Feds hiking alcohol taxes by 4.7 per cent
From the Canadian Taxpayers Federation
Author: Franco Terrazzano
The Canadian Taxpayers Federation is calling on the federal government to drop plans to increase alcohol taxes by 4.7 per cent in 2024.
“Canadians are struggling with inflation and the last thing we need is the feds making it more expensive to enjoy a cold one at the end of a long work week,” said Franco Terrazzano, CTF Federal Director. “Prime Minister Justin Trudeau should be trying to make life more affordable and that means scrapping his alcohol tax hikes.”
The federal government will increase its alcohol excise tax by 4.7 per cent in 2024, according to CTF estimates.
The alcohol escalator tax automatically increases federal excise taxes on beer, wine and spirits every year on April 1.
Taxes already account for about half of the price of beer, 65 per cent of the price of wine and more than three quarters of the price of spirits.
“This is fundamentally undemocratic because politicians are increasing their tax take without a single vote in Parliament,” said Carson Binda, CTF British Columbia Director. “The feds need to stop binging on alcohol taxes.”
Business
Google Dumps EU’s Anti-“Disinformation” Code, Defying Digital Services Act
Does Google’s bold rejection of EU mandates signal a shifting balance of power between tech giants and censors?
It’s as good a time as any to effectively pull out of the EU’s “voluntary anti-disinformation” deal, which social media companies were previously strong-armed into accepting. And Google has now done just that.
The “strengthened” Code of Practice on Disinformation was introduced during the heyday of online censorship and government pressure on social platforms on both sides of the Atlantic – in June 2022, and at one point included 44 signatories.
One of those who in the meanwhile dropped out is X, and this happened shortly after Twitter was acquired by Elon Musk.
Now, as the “voluntary” code is formally becoming part of EU’s censorship law, the Digital Services Act (DSA), Google took the opportunity to notify Brussels it will not comply with the law’s requirement to include fact-checkers’ opinions in the search results, or rely on those to delete or algorithmically rank YouTube content.
Accepting these DSA requirements “simply isn’t appropriate or effective for our services,” Google’s Global Affairs President Kent Walker stated in a letter sent to European Commission’s Deputy Director-General for Communications Networks, Content and Technology, Renate Nikolay, reports said.
At the same time, Google is withdrawing from “all fact-checking commitments in the Code” – this refers to the signatories working with “fact-checkers” across EU member-countries. The code also requires tech companies to flag content, label political ads, demonetizing users found to be “spreading disinformation,” etc.
Even though Google’s censorship apparatus does not use third-party “fact-checkers” as it is, the news that the company has decided to defy the EU on this issue is interpreted as yet more proof that social media giants are breaking free from some of the constraints imposed on them by the authorities over the past years.
Meta recently announced that its fact-checking scheme in the US was ending in order to make room for more free speech on Facebook and Instagram, but it remains a signatory of the Code in the EU.
It remains to be seen what decision Meta will make once that agreement becomes part of the DSA – the deadline for which is currently unknown.
If you’re tired of censorship and surveillance, subscribe to Reclaim The Net.
Banks
Four of Canada’s top banks ditch UN-backed ‘net zero’ climate alliance
From LifeSiteNews
Among the banks that have withdrawn from the UN-backed Net-Zero Banking Alliance are TD Bank, the Bank of Montreal and CIBC.
In a stunning reversal, four of Canada’s top banks have withdrawn themselves from a United Nations “net zero” alliance that supports the eventual elimination of the nation’s oil and gas industry in the name of “climate change.”
Last Friday, Toronto-Dominion Bank (TD), Bank of Montreal (BMO), National Bank of Canada and the Canadian Imperial Bank of Commerce (CIBC) said they were all withdrawing from the Net-Zero Banking Alliance (NZBA), which calls for banks to come in line with the push for “Net Zero” emissions by 2050. The NZBA is a subgroup of the Glasgow Financial Alliance for Net Zero (GFANZ), which was founded and backed by the United Nations.
Interestingly, the GFANZ was formed in 2021, while Liberal Party leadership candidate Mark Carney was its co-chair. He resigned from his role in the alliance right before he announced he would run for Liberal leadership to replace Prime Minister Justin Trudeau last week.
The sudden decision from Canadian banks to ditch the alliance comes despite Trudeau’s government still being committed to so-called “net zero” policies and only a few days before pro-oil and gas U.S. President Donald Trump was sworn into office.
According to a statement from BMO, it is no longer a “member of the Net-Zero Banking Alliance (NZBA),” but it is still “committed” to the idea of an eventual “net zero” world.
“We are fully committed to our climate strategy and supporting our clients as their lead partner in the transition to a net-zero world. We have robust internal capabilities to implement relevant international standards, supporting our climate strategy and meeting our regulatory requirements,” it said.
In a statement regarding its exit from the NZBA, TD Bank said that it has the “resources, relationships and capabilities to continue to advance our strategy, deliver for our shareholders and advise our clients as they adapt their businesses and seize new opportunities.”
Large U.S. banks such as Morgan Stanley, JPMorgan Chase & Co, Wells Fargo and Bank of America have all withdrawn from the group as well.
Since taking office in 2015, the Trudeau government has continued to push a radical environmental agenda like the agendas being pushed by the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.” Part of this push includes the promotion of so called “Net Zero” energy by as early as 2035 nationwide.
-
Alberta2 days ago
Is There Any Canadian Province More Proud of their Premier Today…
-
Dan McTeague22 hours ago
Carney launches his crusade against the oilpatch
-
National1 day ago
Poilievre calls likely Trudeau replacement Mark Carney the World Economic Forum’s ‘golden boy’
-
National1 day ago
Chrystia Freeland’s WEF page deleted after she announces bid to replace Trudeau
-
Censorship Industrial Complex1 day ago
WEF ranks ‘disinformation’ as greater threat to world stability than ‘armed conflict’
-
Business1 day ago
Opposition leader Poilievre calling for end of prorogation to deal with Trump’s tariffs
-
Daily Caller1 day ago
Pastor Lectures Trump and Vance On Trans People, Illegal Immigrants
-
Daily Caller23 hours ago
Opinion: Trump Making ‘Sex’ Great Again On Day One Of Presidency