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CTF Calls On Ottawa To Postpone Tax Hikes

The Canadian Taxpayers Federation called on governments across the country to postpone any planned tax hikes for the duration of the coronavirus crisis.

CTF Federal Director Aaron Wudrick says this includes the planned April 1 increase in the federal carbon tax.

Wudrick says this is no time to increase any tax, Ottawa needs to hit pause on the carbon tax now.

“With many Canadian businesses shuttered and millions of people losing income, the last thing Canadians need right now are higher taxes driving up the costs they still face.”

He also called on federal parliamentarians to donate their scheduled pay increase on April 1st noting that this is the wrong time for politicians to get a salary bump when millions of Canadians are struggling.

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Iran War = “Trend is Your Friend” Short-Term BUT……

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Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.