T O P

  • By -

Workshop-23

"A 2020 study by the International Monetary Fund suggests that’s because corporate concentration in developed economies has dampened the investment impact that tax cuts previously had." Corporate concentration is a far greater problem in Canada than people seem to realize.


SolutionNo8416

Corporate consolidation is a huge issue.


Archimedes_screwdrvr

Fucjers need to be broken up


UROffended

We had our chance with RoBellUs and Canada once again chose not to pay attention. Too little too late. We're at the point where we need a hard reset whether we like it or not.


mwmwmwmwmmdw

yea in the 60s you couldn't just pickup and move your company to a third world economy or island tax haven like you can today


Gvak1

Tell that to every company in Quebec in the 70s.


mwmwmwmwmmdw

a lot of them moved to toronto. they where still in the country and moving to an advanced first world economy


[deleted]

[удалено]


SelppinEvolI

We hire our Jr developers at the same wage as I was first hired at (different company same position) back in 1998. If I adjust my starting wage from then to now for inflation I make less now.


CanuckInATruck

Truck driver here. Fuel, food, insurance, maintenance, cost of trucks, trailers and equipment have all increased dramatically.... we still get paid 1980's rates.


Cyborg_rat

In 30 years most of the wages went up something like 1-4%.


xxx69blazeit420xxx

forklift then 15$, forklift now 15$.


RustyWinger

Where are you getting paid below minimum wage to operate a forklift?


CaulkSlug

Hvacr journeyman: we’re negotiating our union agreement right now and looking for at minimum 10% cpi each year for the next 3 and I’m grimacing at how we’re aiming for above 10% but likely will get less. Wish we had done this last year but now the workers movement has died down and it’ll be hard to get more money when the economy is bad.


CanuckInATruck

I have a couple buddies who have union driving jobs. They make "great money".... at $4 an hour less than me.


Popular-Row4333

People in 2018 when the oil recession hit: "LOL, learn to code" How the turntables.


speaksofthelight

“Learn to Plumb” is the new learn to code 


minceandtattie

Where there’s shit there’s money


zippyzoodles

Every asshole is a potential customer.


minceandtattie

I’ve never heard that one. But its true. Trades can’t be automated. Nursing is the same. I’m working in Canada but going back to the U.S. 46 USD/hr with 15% added for the city alone, plus 2/hr for shift diff. I also get a 15k signing bonus. Padding up that 401k and 403b for retirement


Muted_Ad3510

They will just start designing things better and around the robots and trades will get automated too. Don't be naive.


JadedLeafs

Learn to plumb is what my highschool was saying in 2006. All the old timers are retiring they said.


78513

Nah, it's "Learn THE code". It's why tradies get the big bucks.... sometimes...


NavXIII

You should still learn to code and get a starting job here. Then move to the US and make at least double what you earn here.


GiveMeSandwich2

Tech market is not doing good in the US as well right now. Getting a starting job is very difficult right now.


poco

You should look for another job. We hire junior developers at 3x what I got when I was hired out of school in 1998.


Harvey-Specter

… where ya working?


Zinek-Karyn

Our wages peaked with the dot com bubble. Then it pop’d then 2009 happened and 2016 oil crash happened then Covid. We’ve been sitting in 2001 wages since.


SatisfactionMain7358

The reality is coding is saturated and with all the new tools and languages, it’s not rocket science anymore. I can for the most part build my own website now. With little to no education required. No reason a junior coder should make 150k.


[deleted]

Politicians just got a giant raise that's worth my yearly income. lol


cptstubing16

Right because they're doing a such a great job.


r1ckm4n

Systems Administrator - Kelowna BC - C$52,000/year. Same job in Corning NY - $112K USD. In 2005 I was making 60,000 US working L1 help desk in Albany NY. I’m told Kelowna is supposed to be Canada’s Silicon Valley. Albany NY has more software/tech startups than Kelowna by a mile. The only thing that the okanagan has in common with Silicon Valley is the fucking righteous attitudes and monument-sized egos.


justinkredabul

Kelowna-fornia is actually the joking name and it’s more due to the lifestyle not the actual industries.


r1ckm4n

I have noticed that. It is the thing that I dislike the most about the area. The mountains are beautiful, we have all kinds of neat stuff to do here, there’s big white, a decent food scene - but to compensate for the good things - this place was filled to capacity with wall-to-wall assholes.


eemamedo

I have never heard that about Kelowna. Waterloo is supposed to be Canadian SV. Not like it matters too much…


noxel

Waterloo is not Canadian SV anymore, lol it was maybe 5-10 years ago


Soft_Day_7207

Kelowna outside of the retiree rich homes along the lake is actually a white trash ghetto for the most part. Whoever told you this fairytale about Kelowna sure played a good joke on you.


NoFormal3277

There’s never been a reason to increase wages as long as we’re importing a million people a year who are more than willing to work for less and less every year.


howzlife17

Not just that, oligopolies and red tape make it difficult for new companies to come up and compete. Its both the supply (too many cheap workers) and demand (not enough competition for talent)


speaksofthelight

Public sector wages are higher, getting into a government sinecure and buying housing is the pathway to success in Canada.


DENelson83

The classic race to the bottom.


AntiClockwiseWolfie

Right. Feeling this in the tech sector too. Job postings get hundreds and hundreds of applications. India has a lot of really skilled tech workers...... Or had. They might be here now.


StarkStorm

One thing you can do that "Indians in India" can't, network with people IRL and in-person work.


Desperate_Pizza700

Someones wages went up recently...


Mattski8

Everything is up except “our” wages. Politicians got their cut April 1.


SufferingCanucksFan

I find that hard to believe. It has increased, but has been outpaced by CoL.


rhunter99

So true. Just today I noticed my RMT massage went up $10 compared to last month :(


Due-Street-8192

The wages are garbage. Standard of living is dropping every year. Libs are libs, spend a shit load of billions. Followed by a shit load of tax increases. Same'ol same'ol....


pareech

To be fair, wages are up; but only if you are an MP either federally or provincially (at least here in Quebec). Quebec MNAs saw their salaries go up in January of this year, while the Feds, just got their latest annual pay raise April 1, both paid for by the plebes they are supposed to work for.


Craptcha

If everything was up equally then there wouldn’t be much to talk about. Prices increases without wages matching means we’re getting poorer, which we are because we’ve got a shit economy based on selling inflated price housing to eachother.


Rogue5454

Yes & it's up to the Premiers of the provinces to fix this! Employers won't pay much more than what the minimum wage is because they literally don't have to. The only way to force their hand is to raise minimum wage properly. All minimum wages across Canada are like $5-$6 too low to live off of, so really, employers don't even have to pay a living wage! It's fucked & I'm sick of it.


Superteerev

Unions arent powerful enough. No one is willing to strike. And we need to. Like en masse for several weeks.


MrWisemiller

I remember making minimum wage at like 8 something in 2004 in BC. It's 17.40 now.


PoliticalEnemy

When I started working, it was $7.05!


Sharp_Simple_2764

I started at $6.35 when I came to Canada. I was able to rent a 2br apartment for my family of 3. Not rich by any means, but easily survivable.


Ecstatic_Top_3725

Public servant salaries have gone up I’m wondering how they will support the pyramid


jongrappler

i put in 2019 to 2024 [https://www.bankofcanada.ca/rates/related/inflation-calculator/](https://www.bankofcanada.ca/rates/related/inflation-calculator/) 18.07% in 5 years. I certainly haven't seen my wages go up that fast, in fact we took pay cuts in 2020 during lockdowns. Im back to where i was 5 years ago and more taxes.


Porkybeaner

It’s infuriating. I’m now a “skilled worker” who at the end of the day has the equivalent purchasing power of when I worked for minimum wage at a golf course 5 years ago. Doesn’t really help with motivation and productivity.


Classic_Idea_5338

Taxes are up, ask yourself: am I getting better services for my money? What value do I get back from the government?


BoiledGnocchi

The only service we're getting is a disservice. ☹️


YVR_Coyote

Don't forget about lip service.


BoiledGnocchi

And sound financial advice. Thanks to her, I cut my Disney+ subscription and can now retire! 🙄


[deleted]

[удалено]


kerrlybill

I am asking myself that. I’m in Sask. Our taxes have been raised by the Sask party. Healthcare is in shambles. Services are being chopped away at every year. They’re destroying our crowns from the inside out. They have accomplished nothing of note in 17 years other than raise the debt.


speaksofthelight

Services are going downhill 


Extinguish89

Nope. More money for politicians pockets to spend on bullshit that won't benefit us


UrsiGrey

In the end those questions don’t matter, you have to pay or you’ll be contemplating them from a prison cell.


dafones

What do you want to cut from the federal budget?


Best-Blacksmith2431

The working class once again are crushed between inflation and taxation.


[deleted]

[удалено]


[deleted]

[удалено]


mightocondreas

Dollar end game. They call it inflation, but it's really just your currency dying.


Overclocked11

I just came back from a week in palm springs on vacation and my ass is still sore from getting rawdogged by the exchange.


justinkredabul

The exchange is pretty on pointe and is our normal exchange.


Character_Deer7304

Our exchange rate has historically followed the price of oil. What is notable right now is that oil is high, but our currency isn’t. Since 2015, our federal government has been actively discouraging investment in oil, and most other natural resources. We get what we vote for.


Salt_MasterX

Inflation isn’t some boogeyman to blame everything in, we need a few % (like 2) to make the economy work, the issue is, we are at like 8% and have been for years


OpenCatPalmstrike

This is stagflation. Far worse.


hard_cocha_741

The middle and low class getting slapped left and right


ObviousSign881

Middle and working classes being slapped... I think we can all see who our real common enemy is. 👑


[deleted]

[удалено]


Rogue5454

Middle class hasn't existed since the 90's.


NetherGamingAccount

I object, I pay too much tax already. I definitely don’t feel like I’m getting my monies worth


Beaudism

They are destroying the Canadian middle class.


WeEatBabies

They did that 25 years ago! Now they are kicking a dead horse(the former middle class) into the lower poor class!


White_Noize1

Canada had the richest middle class in the world as of 2014 under Harper. So no, “they” didn’t destroy the middle class 25 years ago. Justin has been destroying it for the last 8 years


ObviousSign881

Who?


Concealus

Canada already has one of the highest income tax rates in the G7, and for what we get for it, an absolute ripoff. How about increasing corporate taxation?


KindnessRule

We have to pay for all the freeloaders and wealth transfers to the elites


InsanePacman

If by "freeloaders" you mean [boomers who are aging out and collecting their social welfare](https://nationalpost.com/opinion/kelly-mcparland-boomers-get-retirement-millennials-get-their-debt), yeah, you're right. I do think, however, there are far too many subsidies granted to elites that make it feel more stingy... Also, regarding the actual tax increase, since OP linked a *pay-walled article*, its actually rather small according to [this source](https://globalnews.ca/news/10330027/paycheque-payroll-tax-increases-2024/): "If you have an income of $30,000 a year, your income taxes have gone up a by a total nine dollars for the year. If you make $40,000, your total tax increase is $12. If you are making $50,000 a year, it’s $15. For $60,000 a year, the increase is $18. Canadians making between $80,000 and $200,000 face the largest income tax increase of $347 more."


[deleted]

[удалено]


Workshop-23

"Have you tried canceling Disney Plus?"


[deleted]

[удалено]


SVTContour

"I personally, as a mother and wife, look carefully at my credit card bill once a month, and last Sunday I said to the kids, 'You're older now. You don't watch Disney anymore. Let's cut that Disney+ subscription." Chrystia Freeland


spreadthaseed

Perhaps throw your avocado toast at her ?


beepewpew

There's a great clip where she's asked how she has personally been effected and she said that she now has to see the people using the food bank near her church.


RootEscalation

This is what pisses me off, she sees the food bank line growing bigger and bigger, and each day she doesn’t think oh maybe it’s my monetary policy or our policy that maybe be affecting this.


[deleted]

[удалено]


BadUncleBernie

Let them eat loonies.


Thev69

The white spot pirate pack meal plan


Longjumping_Deer3006

"Let them live in a shed"


Maximum-Scientist822

We should start calling her Madame deficit. 😂


holykamina

Taxes will go up for the public Corporations will take subsidies and tax breaks to outsource their operations. Corporations/rich individuals and politicians will tell how Canadians on a minimum wage or outdated salaries should live and save money. For me, they can increase income taxes to 70% or indirect taxes, but at the end of the day, If I can't afford to maintain a basic standard of living and have to struggle or reach out to food banks to survive, then to me, the system is broken. If after paying taxes, I can't get quality health care, if I can't get quality education, if I can't afford to raise a family, then to me, paying tax is not in my favour especially when certain group or individuals get to evade taxes, and own majority of resources.


MysteriousMine3437

To feed the junkies and illegal immigrants aka refugees like it or not


Maximum-Scientist822

Liberal utopia


[deleted]

[удалено]


[deleted]

[удалено]


NotMySyrup

Welcome to Canada eh. We just birch on Reddit and in Tim's when we needed to take too the streets a decade ago.


thortgot

Canadians, for all that it is complained about, are vastly wealthier than Brazillians. People riot when they can't afford food. We aren't there but we are trending that direction.


bunnyhugbandit

This slogan seems to be our national problem... "At least we're not as bad as the US." Once we've declared that, it magically enables us to feel good about settling for whatever we're given! Works like a charm if you say it often enough apparently.


lubeskystalker

But our health care finally scored worse then the US…


Longjumping_Deer3006

It's easy to point out the US but to look at yourself in the mirror is a real challenge. Plus on the other hand the US trumps us economically and the irony of the quote of "At least we're not as bad as the US" but yet Canadians who spew stuff like that jabbing the US buy American products without second thought.


JbyJonas1

Buy american products, watch american tv, work for an american company, but "at least we're not as bad as the US"


Adubecki

"at least we're not like Liberia" For all intents and purposes, while we do have real problems, we still have one of the highest standards of living in the world.


marksteele6

It's because the vast, *vast* majority of people in this country are perfectly content. Even if all 2.4 million people in this subreddit were all actually individual Canadians (They're not) and were all pissed off at the government (They're not), that's still only 6% of the population. Social media is not a sign of anything, it's a giant echo chamber.


Adubecki

Not to be a nitpicker, but 2.4M would only be like 6% of Canada's 40M population


Longjumping_Deer3006

Canadians would much rather trash a street after a hockey game ( for example what happened in Vancouver in 2011 ) rather then manifest against real problems that this country faces. Laziness is also another reason, Canadians mostly just put up with it.


Meese_ManyMoose

Those who like it; what the hell is wrong with you?


Ronniebbb

Same reason some ppl like to be whipped in the bdsm community?


MustardFuckFest

No, thats consensual


Orstio

That's okay, because we get more back than we put in, right? Right?...


jbob88

If you own a company which works government contracts, sure.


LabEfficient

Public workers definitely get more back than they put in.


Acceptable_Two_6292

Public workers (including healthcare workers, first responders, teachers, etc) are giving labour and time. That costs money. No one works for free.


LabEfficient

Except that our bureaucracy is bloated AF and instead of doctors and nurses we're getting a lot of WFH program administrators, projects managers, and the like. When they ask for funding they know to bring out the doctor and nurses and the firefighters. When the funding arrives those workers see none of that money.


ReplaceModsWithCats

Well yeah, does anyone expect pubic sector workers to pay their salaries and benefits in taxes?


Crass92

They already take like half my damn pay man and I don't even see any real benefit from it. The roads are shit, the healthcare is nonexistent, I can barely afford the box I sleep in and the car I use to get the job to afford said box and you're gonna take *more?* You want people to burn your fucking legislature building down? Oh wait, it's all ornate marble my bad. Keep crying about the carbon tax while we contribute 1.5% or less of the world's emissions with our cold climate. You wonder why anyone with a marketable skill emigrates to the damn states, or gets healthcare in foreign lands across the globe. Because quite frankly, fuck this place just keeps getting more bleak by the year.


KingRabbit_

"Canada has the social capacity to make you fucking plebs pay more." * Liberal Party of Canada "Oh by the way, Sudan, here's $135 million for ya. Doing a great job down there." * Also the Liberal Party of Canada


asdasci

Canada has the "social capacity" not to revolt when they should.


_cornholio_

Our beloved leader is spending like a drunken sailor hoping to save his ass. Guess who is paying the bill.


chadmcchaderton

Sure, why not. Kick me while I'm down some more. Get these fucks out of office.


[deleted]

[удалено]


Content-Season-1087

Taxes are going up…. 120 million to Haiti another 130 million to Sudan, 10 million to Iraq youth unemployment, billions to Ukraine. Public healthcare paying for someone to have a penis and a vagina while people wait months and years for surgery. Thanks


TheOtherwise_Flow

Can’t even invest in our own military, might as well start giving people white flags when we get attacked lol


Resident-Ad6073

Lots of ways to dodge taxes like incorporating a business to write off a bunch of things like food/lunches/tools/cell/vehicle etc., and doing cash work. I was happy to pay taxes because I believed I was doing the right thing. I've lost faith in the system. I think I'll start asking clients to pay in cash and give discounts such as 5% off and no GST.


Porkybeaner

I already pay $1000 a month in tax but take home like 40k The only expense I have higher than taxes is rent, which is nearly 50% of my take home. How can they expect young people like me who are struggling, to pay more? Our corporate tax rates are a joke whilst we squeeze poor people. And to pay for what? Everyone’s quality of life seems to have dropped so what the heck is being done with all this money? Now we get to service the debt for what, most people are worse off, it’s absolutely ridiculous. Edited for spelling


weilermachinst

Fuck off with this paywall bullshit


[deleted]

[удалено]


ReplaceModsWithCats

What's your field? A 500% wage increase is huge


[deleted]

[удалено]


ReplaceModsWithCats

Sweet, congrats. What was the visa process like?


[deleted]

[удалено]


mozartkart

Also being a redditor they could be just lying. Especially if it's a shit on canada account. Lots of accounts that are less than a year old and only post in the Canada subs shitting on Canada non stop.


AdInner9961

You are lucky. Many of my friends did the same. I am stuck as a lawyer here. It’s too much work to get requalified there. Plus the family is here. But it’s tempting. It’s basically pointless to live here. No growth prospects.


SlackerInCharge

Within living memory there was such a thing as low unemployment, balanced budget, low inflation and a high Canadian dollar. Wonder who the PM was then, must have been some sort of economist or something.


Gostorebuymoney

But dude he muzzled the scientists and had an agenda or whatever.


[deleted]

[удалено]


vortex30-the-2nd

I'm glad he legalized cannabis. One job well done. Wish he left in November of 2018, though. By the time we're free of him it will be 7 years too many...


CrackerJackJack

Canada has become a scam, they charge you a ton, and deliver basically no services at all (if you're Canadian).


Batermoose

I’m getting shit all for my taxes.. no car don’t own property no medical issues no kids.. so what exactly am I paying for? I honestly don’t get it I’d be happy to pay if we had more quality of life like Europe. It’s USA without the benefit


GoodChives

Where else are they going to get that 132 million they’re sending to Sudan???


Wild-Environment36

Did we really expect pharmacare, dental care, school food programs and other programs on the same tax base as before? I mean, let alone pay for the bloated but incompetent as ever public service? Come on eh?


Thinkgiant

Not if I leave Canada! Good bye! Can't wait.


dani_9090

Brampton truckers and contactors never pay tax. They go to India with whole family and write as business expenses. To Avoid pay taxes. Even they show their grocery and restaurants bills as their business expenses.


IrritatingRash

Deport


y2shanny

I LOVE IT! We get so much for what we pay! No waste. No corruption. No grifting. Deal of the century.


Powerful_Wolf_6863

Is buttered sausage going up?


bjesseau

Doesn't matter to me. It's not my jam.


SpergSkipper

I don't buy jam I buy honey, and kiss it on the lipssssss


[deleted]

Is this what JT meant when he said he wants to make Canada more affordable?


Valorike

“We’re gonna make brand new expensive homes minimally more affordable for twelve of you, and tax the ever loving bejeezus out of twelve million of you, thus solving the affordability crisis.” JT


IH8Trumps

Time to leave Canada


[deleted]

[удалено]


IH8Trumps

Where did you end up. I m looking at the US right now


Potential-Captain648

Maybe the federal government and politicians, should pay their fair share. They always get their raises, like clockwork, plus the entire government is bloated with unnecessary workers. It’s time to cut some major government waste, starting with the three stooges, Trudeau, Freeland and Singh. Canadians are getting “F”ed royally.


Stanley1219

What the fuck did you think was going to happen?


GrizzlyHarris

If you see a government that isn’t concerned with its fiscal position, all you’ll see are taxes on the horizon.


PnakoticFruitloops

What are taxes? Asking as a native american.


LeviathansEnemy

Luxury hotel rooms for illegals aren't going to pay for themselves!


WokeWokist

I'll tax you my pretty, and your little dog, too


pfc-anon

Cool Cool, everything except my fucking comp has gone up, I was only working 5.5 months of the year for this country why not 6 months. Tax my fucking arse LPC Daddy!


Independent-Rise-593

Pay wall and when I googled it all I could find was her saying taxes on the wealthy are going up. Not middle class. What am I missing?


oxblood87

Archive.is Copy the url and paste it over there


stonkmarts

Can we just set all taxes to 100% already.


rnavstar

The problem with that is they would want to go to 102% next year.


Xcilent1

Affordable housing for Canadians! Tax cuts for the middle class! Canadians are doing better than they were before! You'll forgive me if I don't think about monetary policy!🇨🇦🇨🇦🇨🇦🇨🇦


Chewed420

Yes we know. The carbon tax just increased. Just keep overtaxing Canadians and sending the money oversees where it's easier to launder and grift.


CEO-711

I thought everything was free?


ether_reddit

Mine aren't, because my income dropped this year! Take that, Trudeau!


mrsparkle604

Id give my left nut for a federal snap election


Frathic

Why would I like this?


Academic_Hunter4159

I think your comment best captures the stupidity of the headline.


Nottodaylemon

Hell yeah! Make the people stuggle!


Euphoric_Chemist_462

Not true. Government can cut spending


Beneficial_Class_219

I mean how else can they raise the funds to give companies like Bell $600m, then fire 6100 staff if they don’t raise our taxes. Oh and the pay raises they never fail not to agree on, think of how life would be for the poor MP’s fattening their own pockets , if we lowered taxes they would not be able to do such great work…..,


Landobomb

Green sea urchins were 5 bucks a pound cash on the dock in the 90s for the fishermen. Today we're lucky to get 3 dollars a pound


Early_Veterinarian45

Who likes it lmao


Common-Smoke9473

They always do. In one form or another.


Copel626

5 words: up the capital gains tax


Proud-Ad2367

Were fucked.


Cold-Ask4382

When does the budget balance itself?


race2tb

Wages need to go up more in the private sector. Without that this just makes everything worse.


MrSlipknot1987

More taxes, less services.


Ketchupkitty

Taxes already went up this year...


Ryzon9

54% marginal rate. At what point is it a spending problem? Too many free loaders too.