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Debt, Deficits, and Dilemmas: The Harsh Reality Behind Canada's Budget
Manage episode 413932582 series 3530823
Το περιεχόμενο παρέχεται από το Saijal Patel. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Saijal Patel ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Welcome to this special episode of Strictly Money, where we dissect the aftermath of Canada's federal budget announcement.
Jake Fuss of the Fraser Institute joins Saijal Patel as they unravel the implications of Finance Minister Chrystia Freeland's budget, specifically crafted to resonate with millennials and Gen Z amidst the pressing issue of housing affordability. They discuss the ballooning debt, new capital gains tax rules and whether Canada is headed in the right or wrong direction when it comes to personal and economic prosperity.
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⏰Timestamps:
00:00 - 03:37: Budget Woes: Unsustainable Tax and Spending
03:38 - 08:15: Canada's Lagging Living Standards and Fiscal Responsibilities
08:16 - 11:21: Government's Debt Dilemma: $54 Billion Spending Surge
11:22 - 16:03: Tax Hike Fallout: Discouraging Private Investment
16:04 - 18:42: Housing Policy Pitfalls: Price Rise Concerns
18:43 - 20:59: Housing Crisis: Limits of Withdrawal Increase
21:00 - 23:09: Prioritizing Tax Competitiveness and Productivity
23:10 - 25:09: Advocating for Early Financial Literacy Education
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GUEST LINKS & RESOURCES:
Jake’s Blog: https://fraserinstitute.org/blogs/federal-budgets-scale-of-spending-and-debt-reveal-a-government-lacking-self-control
LEARN MORE ABOUT BMO ETFS (SPONSOR):
https://www.bmo.com/main/personal/investments/etf/
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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.
Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/
Follow on X: https://twitter.com/strictlymoneytv
Get in touch: https://saijelle.com/contact-us/
Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/
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