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National

Tax and MP pay hikes one month away

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From the Canadian Taxpayers Federation

Author: Franco Terrazzano

The Canadian Taxpayers Federation is calling on the federal government to scrap its plan to increase the carbon tax and alcohol taxes while also hiking salaries for members of Parliament on April 1.

“In one month, the feds will make like more expensive with another round of tax hikes,” said Franco Terrazzano, CTF Federal Director. “Canadians are still struggling to afford basic necessities, so Prime Minister Justin Trudeau should be providing relief, not hiking taxes.”

The federal carbon tax will increase to 17 cents per litre of gasoline, 21 cents per litre of diesel and 15 cents per cubic metre of natural gas on April 1. The carbon tax will cost the average family up to $911 a year even after the rebates, according to the Parliamentary Budget Officer.

First passed in the 2017 federal budget, the alcohol escalator tax automatically increases excise taxes on beer, wine and spirits every year by the rate of inflation. Alcohol taxes will increase by 4.7 per cent on April 1. The automatic tax hike is undemocratic as MPs won’t vote on it. The federal government capped the increase at two per cent last year.

MPs also take pay raises each year on April 1. The CTF estimates this year’s pay raise will range from an extra $8,100 for a backbench MP to an extra $16,200 for the prime minister, based on contract data published by the government of Canada.

“The very same day MPs take more money out of Canadians’ pockets they’ll be stuffing more into their own and that’s wrong,” Terrazzano said. “MPs don’t deserve raises when they make life more expensive with tax hikes.”

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National

NDP leader Jagmeet Singh reaffirms he will vote non-confidence against Liberal gov’t at earliest chance

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From LifeSiteNews

By Anthony Murdoch

‘I’m going to reiterate it. We will be voting against the government at the earliest occasion,’ Singh told a CBC ‘Power & Politics’ reporter

The leader of Canada’s New Democratic Party (NDP) leader Jagmeet Singh has again promised that once parliament resumes, he will vote non-confidence in the minority Liberal government, as all other opposition parties say they will do, which would then trigger an election.

Singh told reporters that he is very “clear on this point” in earlier promising to vote non-confidence against the Liberals, saying they should have “Parliament be back in session.”

“I’m going to reiterate it. We will be voting against the government at the earliest occasion,” Singh told a CBC “Power & Politics” reporter on January 20.

“We could have been voting on things that need to be done for Canadians. They chose to prorogue,” he said, adding, “We are going to be voting against the government at the earliest opportunity.”

Singh’s recent comments saying he will vote down the Liberal government once parliament resumes comes after Trudeau announced in early January that he plans to step down as Liberal Party leader once a new leader has been chosen. Parliament has been prorogued until at least the end of March, although Trudeau could resume it at any time if he wanted to.

As reported by LifeSiteNews, in early January, all major political parties in Canada promised to bring an election as soon as possible regardless of Trudeau’s resignation.

Just before Christmas, Singh promised he would bring forth a motion to topple Trudeau’s Liberal government after the new year.

It should be noted Singh’s NDP had in place a confidence agreement with the Liberals that was discarded  in September. However, that did not stop the party from propping up Trudeau, at least until he promised to resign as party leader.

Speculation has been that Singh is waiting until the end of February to fully pull support of Trudeau so that he can qualify for his government MP pension. Since 2021, when the Liberals won a minority government, Singh’s NDP has voted confidence in Trudeau 286 times.

As for Conservative Party leader Pierre Poilievre, he demanded Trudeau immediately reconvene Parliament on an “emergency” basis so Canada can deal with looming tariff threats hinted at by U.S. President Donald Trump.

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Banks

Four of Canada’s top banks ditch UN-backed ‘net zero’ climate alliance

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From LifeSiteNews

By Anthony Murdoch

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. 

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