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Federal Politics

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policyenthusiast said:
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This is a very important step taken, even if it wasn't a very difficult choice, it is one that previous governments weren't willing to risk taking due to public sentiment. The issue is that we realistically won't have the military capability we need for another 15 years or so with the long development periods for the many important initiatives. It's a bit effort to contemplate the acquisition of all the assets including the submarine fleet, River class destroyers, F-35 (or mixed fleet?), P-8A Poseidon, drones, radars, & weapons systems that need to be brough online not to mention the recruitment and training efforts. It's all being done at once out of necessity right now but hopefully for the next generation's sake the appetite to stay on top of these things improves.
 
BASE said:
This is a very important step taken, even if it wasn't a very difficult choice, it is one that previous governments weren't willing to risk taking due to public sentiment. The issue is that we realistically won't have the military capability we need for another 15 years or so with the long development periods for the many important initiatives. It's a bit effort to contemplate the acquisition of all the assets including the submarine fleet, River class destroyers, F-35 (or mixed fleet?), P-8A Poseidon, drones, radars, & weapons systems that need to be brough online not to mention the recruitment and training efforts. It's all being done at once out of necessity right now but hopefully for the next generation's sake the appetite to stay on top of these things improves.
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Very hopeful about this.

"The question is not whether the Edmonton region can contribute, but whether the country will leverage what we already deliver. The region has the geography, the expertise and the partners required to anchor a sovereign defence ecosystem."

ca.news.yahoo.com

Opinion: Canada’s defence future runs through Edmonton

Canada faces a future in which national prosperity and sovereignty depend on how effectively we harness the regions best positioned to deliver results. The federal commitment to increase defence spend...
ca.news.yahoo.com ca.news.yahoo.com
 
Announcement yesterday in Gagetown. I expect we will be getting a similar announcement here. We already heard about expansions at Coldlake, Suffield and Edmonton Garrison but there are more coming.

$3 billion in infrastructure and defence-related investments across Atlantic Canada:

  • In Nova Scotia, we are making major, targeted investments to modernise critical infrastructure, build new facilities to support the next generation of naval and air fleets, and expand training and operational capacity. We are investing:
    • $1.2 billion to modernise critical power and municipal service infrastructure at CFB Halifax Dockyard and Stadacona – upgrading essential services and facilities to ensure the base has sufficient power and utilities to support new capabilities and future naval operations.
    • $648 million to construct two new aviation support facilities at 14 Wing Greenwood – supporting the Royal Canadian Air Force’s CP-8A Poseidon fleet and CQ-9B Guardian with modern hangars, maintenance, and operational infrastructure.
    • Over $180 million to build the Combatant Training and Integration Centre – supporting training, operations, and integration for the Royal Canadian Navy’s future river-class destroyers.
    • $82.5 million to acquire Halifax Gate – a 475-acre waterfront industrial site that will support current and future Royal Canadian Navy operations, including the movement of personnel, ships, and supplies.
    • $60 million for a new, 140-unit apartment complex for Canadian Armed Forces members, near 12 Wing Shearwater – because every member of our Armed Forces deserves a safe, high-quality place to call home.
  • In New Brunswick, we are investing more than $1 billion in the CFB Gagetown Range and Training Area – introducing new ground-based air defence systems and ensuring our soldiers train on infrastructure built to last the next century. We are also investing $20.2 million to upgrade transition centres at CFB Gagetown, improving support for Canadian Armed Forces members as they transition to civilian life.
 
^
I would REALLY like to see a concerted commitment/pitch for/from Edmonton for the Defense, Security and Resilience Bank to be headquartered here. We have a strong banking and financial centre that needs to be better supported and we are the centre of much of the Canadian activity that will need the financing. It would employ thousands directly, more indirectly and would make invaluable contributions not only to downtown and local industry but to EIA, our hotel industry, our international reputation...
 
kcantor said:
^
I would REALLY like to see a concerted commitment/pitch for/from Edmonton for the Defense, Security and Resilience Bank to be headquartered here. We have a strong banking and financial centre that needs to be better supported and we are the centre of much of the Canadian activity that will need the financing. It would employ thousands directly, more indirectly and would make invaluable contributions not only to downtown and local industry but to EIA, our hotel industry, our international reputation...
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So Montreal then. ;) It will probably be in the Ottawa area though if we get that. However we ay see more than our fare share since the Northern push may be lead out of YEG. logistically we are well suited for the full western Artic. and we are close to the Artic regional office in Yellowknife.
 

Combined debt and interest costs per person and as a share of GDP, 2024/25​

Combined Net Debt Per Person ($)Combined Net Debt to GDP (%)Combined Interest Costs Per Person ($)
BC49,71966.52,055
AB41,23642.21,930
SK47,20450.62,080
MB57,21589.42,865
ON60,45683.72,085
QC60,56590.92,415
NB48,27984.21,984
NS52,90492.02,105
PEI50,67287.22,215
NL68,51691.33,453
 

Ontario Launches $1.3B Toronto Condo Developer Bailout, Warns Bank​

Ontario just announced a bailout program, selling it as a housing affordability measure. The province launched a $1.3 billion public-private partnership to buy stagnating developer inventory across Greater Toronto to convert into rentals. The plan clearly helps over-leveraged developers more than it helps with affordability. While intended to drum up investment, it may backfire by confirming market inefficiency. At least one Big Six bank has already warned investors it’s a bailout, and it’s not large enough to make a dent.

Nanny state.
 
Glenco said:
Nenshi is not too happy
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Nobody that thinks the NDP should have a role to play in national politics should be particularly happy and that would include those who would never vote for them but who are not particularly pleased with the progress towards an effectively two party system in Canada.
 
Glenco said:
Nenshi is not too happy
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He will now have the same problem Notley did and perhaps even more so, a Federal leader who makes it more difficult for him.

You would think a party polling around 10% would pick someone who could broaden support, but I think at this time its just the true believers left.
 
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