I'll believe it when I see it.
Justin Trudeau hints at boosting Canada’s military spending
- Thread starter Maxman1
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Harper largely ran deficits.
Revenue, expenditure and budgetary balance - General governments
Revenue, expenditure and budgetary balance of six levels of general governments.
Brad Sallows
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The time to do that was the era of low interest rates.
Brad Sallows
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Actually we've had operating surpluses (crudely, revenue less expenses, excluding cost of debt) almost every year since FY '87-88. Exceptions '09-10 and since '19-20. Used to be a couple years earlier, but as successive editions of Fiscal Reference Tables come out, there are backdated adjustments. For example, I can recall only the couple of years after the 2008 recession being net deficits (meaning including debt costs); now we've had net deficits since '08-09. Public debt charges are the usual killer, and we're going to be eating the cost of higher interest rates for a while because a substantial amount of public debt isn't very long term. Pandemic fiscal measures really blew out the bottom of the ship.
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Sorry.Harper largely ran deficits.
Revenue, expenditure and budgetary balance - General governments
Revenue, expenditure and budgetary balance of six levels of general governments.www150.statcan.gc.ca
McG
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MilEME09
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I was referring to the tradition of screwing the CAF
Brad Sallows
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I wouldn't apologize. The deficit spending was due to two key demands imposed by the other parties and by a horde of people with assorted interests in fiscal transfers to provinces and individuals: first, that Canada hit the "2% of GDP" stimulus target that was kicked around by the G7 nations; second, that the federal government not try to re-balance the budget "on the backs of provinces and people" as it was put at the time (a reference to the Chretien/Martin solution). So Harper and Flaherty engineered the spending and let the budget "balance itself" (ie. waited for revenues to recover as the spending bulge dropped). And it worked.
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That tradition trancends political parties, implicates two separate Colonial administrations, and goes back approximately four centuries; starting with the poorly garrisoned forts the French installed along the Great Lakes....
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Maxman1
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Colin Parkinson
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I remember the Chreatin years, our SAR Cutter was tied to the wall to save fuel costs, fish hatcheries closed, a whole bunch of stuff done. But he was smart, the Lib would not actually shut down/cancel something but defund it out of existence. That way if it blew up into a political furball they could easily restore funding. Harper on the other hand tried to actually downsize stuff and get government out of certain things. Had they doen that a bit slower and more methodically, it would have had a bigger impact.
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we should have pirated this ship
daftandbarmy
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Before someone else does, again?
Ottawa says Canada forced to seize Katie
CBC News · Posted: Aug 04, 2000 6:03 AM PDT | Last Updated: August 4, 2000The federal government says it had to send in soliders to take over an American-owned ship on Thursday because it was the only way to recover millions of dollars worth of tanks and other military cargo.
"We have attack from helicopters," the ship's Russian captain told CBC Radio.
"Helicopters flying above the ship, and soliders just attacked," he said.
with what, the Oriole?
Eye In The Sky
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Those don’t have enough ITBs to Canadian companies and would have to be “returned to sender”…
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Wondering if I missed the announcement - PSPC has created an ADM for "Defence Procurement Review".
The incumbent was, a year ago, assistant secretary to Cabinet in PCO.
The incumbent was, a year ago, assistant secretary to Cabinet in PCO.
McG
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That sounds like another gateway and not an accelerator.
MilEME09
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Only DND would think adding bureaucrats would speed things up
“Soldiers” heh.Before someone else does, again?
Ottawa says Canada forced to seize Katie
CBC News · Posted: Aug 04, 2000 6:03 AM PDT | Last Updated: August 4, 2000
The federal government says it had to send in soliders to take over an American-owned ship on Thursday because it was the only way to recover millions of dollars worth of tanks and other military cargo.
"We have attack from helicopters," the ship's Russian captain told CBC Radio.
"Helicopters flying above the ship, and soliders just attacked," he said.
I remember cringing whilst watching the members of the naval boarding party being laboriously winched down to the Katie’s deck one by one. Compare that to Huron’s boarding team being taught fast roping by RMs out of Gibraltar while transiting to the Gulf in ‘91. Although they never used it.
A perishable skill methinks.
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