Despite the protests and the cries of doom, there is no credible, objective evidence to indicate that average Canadians have been poorly served by their federal government. Some people earning high levels of passive income are grousing but it’s hard for the average person to feel too sorry about the tax bill on the investment income of somebody with a seven-figure bank balance. Even at that, the tax rate for passive income of this sort is relatively low by international standards in developed countries. Unemployment? At or near record lows. BC’s unemployment rate dipped under 5% last month. In this region we will have to address some of the issue related to the forest industry, but every economy will have some sectors in peaks and some sectors in valleys from time to time. Interest rates? Also, near record lows with low inflation. Federal Debt? Relative to the size of our economy, Ca...
A discussion on political, economic and social issues in British Columbia, and Canada