Effective date of Bill C24

[screech339]

It shouldnt matter how the govt is using those funds or raiding it early for other reasons. For payees paying into the system it has only one meaning, its their payment into govt pension plan and based on the payments retirement pension is paid out.

In similar logic, your savings deposit in a bank is not really a deposit. The banks uses that money for many other uses. For the bank the money might be fungible, but for the account holder the account has only one meaning.

So are you saying that the liberal government illegally raided the excess EI funds and used it for other purposes than it intended.

For the bank analogy, the bank can only allowed to loan out more than what it has in its bank accounts. It sole purpose is to give out loans but it needs a value of it total accounts as collateral. So if I put in 1000 in my bank account, it means the bank can loan out 100000 to others with interest and no more. Not sure what the ratio is. So the bank is not really using your account unless it's an investment account. The bank analogy is an example but a weak example. Banks wants a lot of money so that they can lend out more and make a profit on interests loaned out.

 

[CanadianCountry]

"So are you saying that the liberal government illegally raided the excess EI funds and used it for other purposes than it intended. "

You still not getting my point. Its not about how liberals or conservatives are using or used the fund.

So are you saying that the liberal government illegally raided the excess EI funds and used it for other purposes than it intended.

For the bank analogy, the bank can only allowed to loan out more than what it has in its bank accounts. It sole purpose is to give out loans but it needs a value of it total accounts as collateral. So if I put in 1000 in my bank account, it means the bank can loan out 100000 to others with interest and no more. Not sure what the ratio is. So the bank is not really using your account unless it's an investment account. The bank analogy is an example but a weak example. Banks wants a lot of money so that they can lend out more and make a profit on interests loaned out.

 

[gammabeta79]

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

 

[ZingyDNA]

I have no stakes in it so I found it a little funny. Don't know about others, though.

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

 

[MUFC]

It would be no surprise for me if the date will be indeed 1st of September, because nobody knows even the month of implementation yet.
It could be in this month or it could be even September. So you might be right.

 

[Dave01]

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

lol...

 

[pl840502]

I knew this would come up today! 8) ;D

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

 

[oldfriend]

Ha ha , even if it wouldn't come true, at least we got some humor here in this forum after a long depressed discussions and hopeless guesses.

 

[MUFC]

It might be absolutely true, because there is still no official and final statement about the month and the date.

 

[milamam]

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.

Cannot find the link????






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

 

[CanadianCountry]

Somebody got fooled.

 

[DND]

It would be no surprise for me if the date will be indeed 1st of September, because nobody knows even the month of implementation yet.
It could be in this month or it could be even September. So you might be right.

Purely a speculation on my part, but nevertheless, I don't expect the changes to happen this month

PC are planning some advertisement spending during May, In addition to May being the month that many tax returns payments are made, and pre-election budget is not out yet

So in my opinion, there are 2 possibilities
1) a budget is presented, and an early (~June/July) election is called (vote for us and we will implement this budget - Wynne style)
2) October elections to be called, after a (balanced) budget is presented, leaving the June-September months to "real" issues like immigration/defence etc

Not sure if the actual decision is made yet by the PMO, because there is a lot of financial uncertainty around Canada's economy.

Anyway, there seems to be no point in implementing the change this month, and especially without notice, because it will only create lots of applications, on which the fees would need to be returned.
In addition, for the time being the "low skill temporary foreign workers" occupy enough of the public interest, and the "strengthening citizenship act" is best to be kept for later, especially if October election date is preferred

 

[CanadianCountry]

Great insightful analysis of the political scene.

+1.

Purely a speculation on my part, but nevertheless, I don't expect the changes to happen this month

PC are planning some advertisement spending during May, In addition to May being the month that many tax returns payments are made, and pre-election budget is not out yet

So in my opinion, there are 2 possibilities
1) a budget is presented, and an early (~June/July) election is called (vote for us and we will implement this budget - Wynne style)
2) October elections to be called, after a (balanced) budget is presented, leaving the June-September months to "real" issues like immigration/defence etc

Not sure if the actual decision is made yet by the PMO, because there is a lot of financial uncertainty around Canada's economy.

Anyway, there seems to be no point in implementing the change this month, and especially without notice, because it will only create lots of applications, on which the fees would need to be returned.
In addition, for the time being the "low skill temporary foreign workers" occupy enough of the public interest, and the "strengthening citizenship act" is best to be kept for later, especially if October election date is preferred

 

[aries9811]

;D s you

AND Finally We have the Date from CIC on Implementation of the Bill C24. Long hours of wait has finally Ended. It's Official now, that implementation of the Bill C24 will start from September 1, 2015. PLEASE SEE THE LINK BELOW. I guess this is Big relief to all the guys who had landed before August 2013.






































APRIL FOOL. I HOPE YOU TAKE IT IN RIGHT SPIRIT.

 

[RAY2112]

My friend called CIC today, and the guy said to him that the cutoff date will be on 19th of June.