Monday, November 01, 2010

After a Rather Slow News Day,

...there's some interesting news coming out of Ottawa. Not only have the Cons responded appropriately to the Yemeni airlines bomb scare, but they are now announcing changes to our immigration policy.

But jeeze, it ain't in the right direction:
"While the overall target for permanent residents will remain between 240,000 and 265,000, the government will seek to admit more children and spouses through the family class and fewer economic migrants. The annual number of economic class immigrants selected for their job skills will drop by 5,000 to 6,000 while the number of family class immigrants will go up by between 1,500 and 2,500."
“Within five years, there will be no growth in the Canadian labour market,” Kenney said while defending the level of immigration. “You cannot pay for our pensions, our health care and all the services Canadians want with a shrinking tax base.”

(Jason) Kenney said that leaves Canadians with two options, accept higher immigration levels or have more children."
Perhaps if we scaled back on all those nanny state perks, young couples could afford to have more children. And as far as opening the door to family members, it better be for people who already have good, secure jobs. Please, let's not bring grandma in so she can soak up old age security, the build up of funds for which, neither she nor her family never contributed.

I think Daniel Hannon would have something to say about this.

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1 Comments:

Anonymous Anonymous said...

“You cannot pay for our pensions, our health care and all the services Canadians want with a shrinking tax base.”

That's the same logic offered by the geniuses of the European political parties in the UK, France and Germany. These politicians are simply too stupid and/or too ideologically rigid to learn by observation of others, their mistakes and their results.

Reducing immigration of those with verifiable job skills and increasing family class militates, as it has in Europe, to higher welfare roles, not economic growth in the private sector.

This will make public pensions, socialized medicine, etc. ultimately even more unsustainable, as is now clearly shown in Europe.

If you want an expanding, not shrinking, tax base, do the following: lower tax RATES, increase investment tax credits, accelerate depreciation tax write-offs AND greatly reduce the regulatory burden on business, ESPECIALLY small business, which is the greatest creator of jobs and wealth in both Canada and the US.

This actually does grow the economy, increasing the tax base, increasing actual total tax revenue with lower rates and without adding to the nanny state and to welfare expenditures. The most recent large-scale proofs of this were under a fellow named Reagan and a woman named Thatcher.

November 02, 2010 8:37 am  

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