Comments on: Glad Someone Gets it.

By: Steve L.

Steve L. — Tue, 27 Jan 2009 10:46:21 +0000

while it looks like small businesses are cruising through the recession compared to all the big corporations who have to make the hard decision of slashing jobs, i do believe that cajoling a loan out of the big honchos of your local bank branches is going to be a major brick wall against most people trying to start up any kind of business in this recession. getting a bank loan is hard enough when times are good, and most Canadian banks have said themselves that they don’t feel like lending at all costs in this economic climate.

a more likely scenario i’m seeing is that small businesses who have been around for a while will go up the food chain as the recession cycles away. but for newly founded small businesses or people looking to start up a business right now, it’s less likely.

By: wilson

wilson — Tue, 27 Jan 2009 03:40:44 +0000

‘I have no idea how this helps everyday Canadians.’
The plus is the money is spent on Canadian supplies and jobs, doesn’t go on imported goods/technologies etc.
$7 billion on infrastructure (over 2 years or one?)

Job growth in December was in small business and public service jobs.

By: Dan Tappin

Dan Tappin — Tue, 27 Jan 2009 02:05:25 +0000

I hear you on the year end returns! I just ended my first year of operating my small business. I downloaded the tax forms thinking I would save my self some money…. Then I saw the forms.

I am sure the only reason this budget is in the form it’s in now is due to the coup attempt. It could take an 8th grader to slash $100 billion off the books in a few hours.

All these failing companies need to fail. No one should get anything. This is a classic Canadian solution – money redistributed from success to failure.

By: machiavelli

machiavelli — Tue, 27 Jan 2009 01:51:02 +0000

One of my pre-budget thoughts pursuant to infrastructure spending:

How many home owners realize that by building a new 100 million dollar project in your city will result in an increase of all three levels —–national, provincial and municipal— of your taxes, since normally federal contributions depend on one-third, one-third and one-third spending?

Would homeowners, even the far left, be so anxious to accept this, often corrupt, or superfluous, spending given a broad awareness of this tax escalating?

By: Blame Crash

Blame Crash — Tue, 27 Jan 2009 01:28:49 +0000

Great post, one that I can agree with 100%.