They're not gonna, a requirement for the direction they want Canada's economy to go in is the continued exploitation of workers within the state's borders. They're going to respond with a number of neoliberalized subsidy programs at most to deflect criticism for a few years. If we're lucky, some tax credits. Libs having a majority has basically left us on our own, start focusing on municipal and provincial politics and see what can be done at those levels (which is a lot).
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Costs need to come down, of course, but I'd prefer we focus on decoupling from the US in every way possible.
Best I can do is AI datacenters.
"Once again, we will be cutting taxes. The average Canadian will receive 48$ more next year on their income tax to help them alleviate the rising cost of living. Additionally we'll be cutting taxes for companies selling groceries and also for housing promoters which will cut down on their costs and hopefully be reflected in their prices."
Meanwhile, cost of living is still crazy because companies pocketed the difference and grocery prices increased prices slightly more so Loblaws can grab that extra 48$.
Unfortunately, the US' behaviour is a significant contributor to costs here going up (although not the only one), so it's difficult to decouple them.
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