The London terrorist attack is so sad. It happen in such in a beautiful location. I was watching for news of the federal budget when I found out.
The federal budget was presented today. At least, tax on capital gain won't increase. Its about the only positive thing that came out of this budget. This is something that was going to affect investors, big like small. Its a release, because since I am located in the second tax bracket, I am already paying a lot in income taxes. I struggle to save a few dollars to invest. The federal government live on our hard earned money, but its seem like money is nothing for Justin Trudeau. Under Trudeau, our richness is not properly manage. I find this Liberal government having very poor leadership and no view on what to actually do now so the economy can re-bounce now, and not in 10 years from now. Action is not focus in the immediate time. Its a lot easier to concentrate on the long term rather than taking decision now that will have positive impacts in our life in the next few months.
Our deficit is now at 28.6 billions of dollars. A government that hold debt is not like an individual who have to pay off debt - that's truth, but its a concern for me that this Liberal government, with all its freshness and impotence, is driving us in a dangerous hole. This same government did not even propose a pay off plan for this enormous debt. The only thing Justin Trudeau can actually do correctly is to take the pose for magazines and take some stupid selfies. At a point, we won't be able to pay off that huge deficit. Its very disgusting and Canadians don't seem to be alert or even concern. I am very shocked and upset. But what you expect more coming from a Quebecker? Justin Trudeau should never been elected. He only had a high school teacher background. He never suffered from anything in his life and he's not the right man to handle serious duties. Canadians had made the wrong choice. I knew something like this will happen under his govern. A total mess and we'll suffer one day or the other from that incompetent of Justin Trudeau. We are not that rich of a country to handle big billions in debt like that.
Now more than ever before, its time to save money and be wise spender. In my next post, I will chat a bit on my day-to-day strategies to save money. In other words, you'll learn how to be as smart as a Dividend Girl.