Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

PECKFORD -- There is no problem folks; if governments are short of money, just raise the taxes


I note an editorial in the Globe and Mail newspaper highlighting the fact that if Alberta taxed like other provinces, it would have a surplus. Well, what an unsurprising revelation.

There is no problem folks; if governments are short of money, just raise the taxes.

That is what got is where we are today – out of the top ten in world competitiveness, 28th in ease of doing business world wide, and a dollar hovering around 75% of the US dollar.

Oh, and with all the extra taxes, governments usually over spend.

Take our own federal government, that has raised taxes.

They (government or the extra taxes) did not do anything towards balancing the budget. As a matter of fact, the deficit has gone up this past year -- from $19 billion to $26 billion. And the Parliamentary Budget Officer has said he does not know when the country will be in an annual surplus again.

And what do the Provinces do?

They hide the deficit by separating capital and operating account, bragging about a balanced budget or modest surplus, which is really an operating balance or modest surplus. The capital account is almost all borrowed. This just happened in the BC and Nova Scotia budgets.

This is how the issue of budgets gets framed in this country ... taxes are OK. As long as this mentality persists, including from an editorial in a national newspaper, what chance is there for this country to become competitive?

Very little chance ... it’s now the culture of the place.

We have a national predisposition to tax.


In 1972, Brian Peckford was first elected, as a Progressive Conservative, to the Newfoundland Labrador House of Assembly -- he became Premier at the age of 36, holding the leadership of his party and government from 1979 to 1989.

Since leaving politics, early in 1989, Peckford has conducted public inquires for the governments of British Columbia and Canada, has served on numerous Boards including the CBC, and has been active in public affairs. 

Since 1993, he and his wife Carol have made British Columbia their home; they now live in Parksville, on Vancouver Island. He blogs at Peckford 42.
Labels:

Comments

Post a Comment

Popular posts from this blog

FORSETH: Without a strong local presence, there is NO reason for anyone to tune in to local(?) radio

LOCAL HOMETOWN RADIO IS DYING … and without serious measures put in place, it will likely never see the light of day again. For well over four decades, the Canadian Radio and Television Commission (CRTC) has presided over its’ demise, and for that I say, “Shame”. Without out a word to say enough was enough, the CRTC has allowed corporate Canada to buy up one radio station after the other, and then allowed them to slash staff to the point where some so-called local radio stations do nothing more than air programming that originates from communities well outside the region in which they are located. Case in point?   On CHNL* 610 in Kamloops, the morning show hosted by Vinnie and Randi, DOES NOT originate from Kamloops -- it doesn’t even originate here in BC. It’s a program that Stingray airs across multiple radio stations in Western Canada. It doesn’t end there. Not only are Vinnie and Rando doing mornings on CHNL, but they also show up on sister station Country 103 … and of course o...
5 comments
Read more

Conservative Economic Team Responds to Urgent Industry Concerns

 " For far too long, the BC NDP has ignored the economic challenges facing British Columbians. Manufacturing jobs are vanishing, forestry is in decline, and private sector employment growth has stagnated. Meanwhile, affordability has worsened for both families and businesses. British Columbians deserve better, and we’re here to deliver real solutions to rebuild our economy and create jobs that support everyday working people and their families ." – Gavin Dew, MLA and Shadow Minister for Jobs, Economy, Development, and Innovation.   December 3, 2024, Vancouver, BC – The Conservative economic team met today with business leaders and stakeholders to tackle critical issues impacting British Columbia’s economy. Attended by 9 critics from the Conservative Caucus, this meeting was convened by MLA Gavin Dew – Shadow Minister for Jobs, Economic Development, and Innovation - as a direct response to an October 30th open letter from seven of the province’s largest industry associations. ...
Post a Comment
Read more

WARD STAMER -- We need certainly in our markets, and certainly in our fibre supply, before we no longer have a forest industry in this province

Image Government of BC I think we all realize that the threat of Trump’s 25% tariff is like other provocative statements he’s made in the past. That said, we should have reason to be concerned. Tariffs don’t benefit anyone. A tariff of that magnitude – included on our own softwood lumber exports, will make things more expensive for Americans, and cause friction in the supply chain. If imposed, a twenty-five percent tariff will be equally detrimental to the citizens and economy of the United States, as well as the people of BC. There are two things, however, of equal concern to the threat of punitive tariffs by incoming U.S. President-elect Donald Trump. One is our antiquated stumpage fees. It is a legacy from decades ago, and one incapable of responding to changing market conditions. We need to revamp our stumpage system to better reflect market conditions, and our economic costs. Instead, a value-added tax system will be instantly responsive to current market conditions and will encou...
Post a Comment
Read more

Labels

Show more