Canada's rich get richer while it's poor get poorer, new study shows.

That nation isn't poor because of a lack of OUR industry, it's due to their governments. And we do allot to offer assistance to those countries.

Originally posted by Starhawk
That nation isn't poor because of a lack of OUR industry, it's due to their governments. And we do allot to offer assistance to those countries.

No, it's due to the fact that different nations industrialise at different speeds. Your industry benefits from the cheap labour provided by this boom in industrialisation, while the nation benefits by the raising of their economy. I'm sure your country does do a lot to support those countries, but it cannot be denied that companies still use them for cheap labour. Whether Canada as a nation helps them or not.

And the WTO can impose tax hikes to put a stop to that.

Originally posted by Starhawk
And the WTO can impose tax hikes to put a stop to that.

We've already discussed what that would lead to, lower wages for the Canadian workers. That seems to be just making sure the poor stay poor.

How would that lead to lower wages in Canada? The WTO imposes taxes if you outsource jobs. If anything that would help Canadian workers.

Originally posted by Starhawk
How would that lead to lower wages in Canada? The WTO imposes taxes if you outsource jobs. If anything that would help Canadian workers.

Because the companies that had been paying tiny wages in third world or developing countries, would likely not pay more than minimum wage. It's better than no jobs at all though, I agree with you there.

Exactly. And the Canadian Government can increase the minimum wage.

Originally posted by Starhawk
Exactly. And the Canadian Government can increase the minimum wage.

That in turn, means more income tax and product inflation though.

The government can legislate price controls.

Originally posted by Starhawk
The government can legislate price controls.

Which I'm afraid, would result in more council tax.

Council Tax?

Originally posted by Starhawk
Council Tax?

I'm not actually sure what the Canadian version would be called. But it's a local tax, set by the authorities in order to meet their budgets.

We don't have that, if they want to do it they have to take a vote among the city council to implement it and they wouldn't get voted in if they did.

Well their budget must be funded by something, and that something must be taxes. Those taxes would increase with the hugely increased workload that your propositions would require. Therefore, giving the budget a bit of a bruising.

How it works in Canada is sort of a domino effect.

The Federal Government gives money to each province, then those provinces give money out of their budget to the municipal governments. now of course each level also has their own taxation to help as well, but when they go over budget they tend to just ask for more money from the level of government above them.

Oh right. But surely every level of government's budget is paid for by taxes. So the theory would work the same, no matter what level.

Yes I imagine so, but the tax increases are almost always at the federal level, not the municipal one.

I believe federal taxes are still paid by the public though are they not? So, there would still be a tax increase. Or, there would have to be drastic cuts of resources etc, made in other federal areas such as schools and hospitals.

Originally posted by Starhawk
Don't troll my topics.

This is the general discussion forum. You can claim the rights to any thread you like, but you can't micro-manage them, and you'll have to deal with it.

So you want to increase government spending on social programmes and raise minimum wage, which will increase inflation. But intend to curb inflation by exacting price control income policies on businesses. The same businesses you want to force to employ locals at the higher minimum wage, impeding their profit. The same businesses you want to unduly tax in order to fund social programmes, likewise impeding their profit. The same businesses that will be affected by price controls, which will again impede their profits. While still expecting those businesses to have growth in profits in order to create more employment, for which they'll be paying a higher minimum wage, and to generate tax revenue to pay for increased government spending? Hooray for stupid economics.

Oh and no one cares about Canada.