A typical bike-riding leftist urbanite who also happens to be a hockey-crazy Western Canadian.

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Joined 1 year ago
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Cake day: June 20th, 2023

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  • No, you would not pay $333k in taxes. You would add $333k to your taxable income for the year, and then pay regular tax rates on your total income.

    If you made $500k in capital gains and had no other income that year, then by extremely rough estimation (I’m too lazy to pull out a calculator to get the exact figure) you would only be paying somewhere in the ballpark of $60k in federal taxes, then another $20k-$30k based on what province you live in. All things considered, that’s like a 17% effective rate, which is too damn low if you ask me.

    And that’s only on amounts greater than $250k. So anyone this change actually affects is going to be fine. The people complaining about it are straight up lying.





  • That’s a massive blunder. There is about 0 chance the Cons are serious about finding “alternative plans” for climate policy. If they were, they wouldn’t be asking the likes of Danielle “blanket ban on renewables” Smith and Doug “let’s just develop the greenbelt” Ford for their ideas. Furthermore, if they think this tax is too much of an imposition on Canadians, then that rules out essentially all other forms of climate action, because the tax is one of the most conservative policies possible.

    I’m not saying the carbon tax is perfect by any means, but up to the present, nobody opposed to it has been able to come up with a better idea, or even much of a coherent argument against it. I don’t know what the NDP are gaining from this deal, but I can’t see it being worth all the trust and credibility they had to concede.



  • This is a critical juncture for the direction of our housing market, specifically in Edmonton. House prices are relatively sane at the moment, thanks to a combination of staying ahead of the curve on building houses, forward-thinking urban development, and the lack of any real draw for people to want to live here. Calgary’s market is beginning to inflate and it’s only a matter of time before people get priced out and have to settle for Edmonton.

    It’s really important that we continue to be forward-thinking and deliberate with new development, so as to keep prices manageable while fostering a healthy urban fabric. I know everyone in the country is dicks out for fast and cheap housing development, but relying on infinite suburban sprawl is a really, really bad idea. Let’s use what we’ve learned from the mistakes of previous generations and do it right this time