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Lifestyles 55 2024 05 May

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May 2024

lifestyles55.net

Manitoba

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DENTURES

204-947-1807 The debate continues - are cats or dogs better?

Winnipeg is the city of song!

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Tis the season for barbeque!

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Steinbach

Southeast building excitement with new event centre

Kelvin Goertzen

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any Manitobans know that southeast Manitoba is a fast-growing region of the province. Home to our third largest city, Steinbach, it continues to attract new residents from around Canada and around the world. And while growth can be positive in many ways, it is sometimes difficult to ensure that infrastructure and facilities keep up with that growth. As just one example, for many years now, local graduations and other large events and banquets that otherwise would have been held in Steinbach have been instead held in other places, often Winnipeg. This is because Steinbach simply doesn’t have a meeting

The devastating economic impacts of excessive government spending in Canada Romel Dhalla

E Steinbach’s new event centre. place large enough to host these events. The growth of the City of Steinbach has literally outgrown some of its recreational infrastructure. This was actually foreseen many

years ago and successive City of Steinbach councils and area representatives tried to develop plans to address the problem. Much of the discussion centered around replacu 4 ‘New event centre’

Events – R – Us Gary Brown

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pril was so loaded with events that my calendar looked like a full time work schedule. The forecast for the summer seems to be a continuation of this comradery of Geocachers. There are numerous types of events with some being an hour or two ranging all the way up to being a full weekend of camping. The ones that are an hour or two usually are listed as a half hour event, but are never that short. A coffee event is just that. We gather over a cup of coffee and talk about various topics from a new Geocache to the weather (as it relates to caching...). We have showed up at local venues at all times of the day. One week this spring there were people turning up at six in the morning for a

full week straight including during a snowstorm. We have been to these events as early as four in the morning. Don’t worry though, they happen at normal times as well. Another similar one is an ice cream event. These are usually at a different ice cream venue, so we get to try out all of these places to see if there is a favourite place to go. The conclusion from the past events is that we need to check them out further to decide which is best. It is a tough chore to do this, but we will keep trying. Of course there are the obligatory conversations. One of my favourites is the CITO event. CITO is an acronym for Cache In, Trash Out. This is where we show up and grab a garbage bag and fill it up with trash. Unfortunately, Winnipeg is loaded with litter which makes these events so u 10 ‘Events-R-Us’

NOW OPEN!

204.788.8020 | misericordiaterrace.ca

xcessive government spending, typically rooted in socialist ideology, has long been a contentious issue in economic discourse, with proponents arguing for its stimulative effects and detractors highlighting its detrimental consequences. This article aims to delve deeper into the multifaceted impacts of profligate spending on inflation, debt, employment, and overall economic stability. By examining economic theory, we hope to make clear the long-term implications fiscal imprudence has on society. One of the immediate consequences of excessive government spending is the inflationary pressure it exerts on the economy. When the government injects large sums of money into circulation through fiscal stimulus programs or deficit spending, as the Government of Canada has, it increases aggregate demand, leading to a rise in prices. This phenomenon, known as demand-pull inflation, erodes the purchasing power of consumers and diminishes their standard of living. Thus, it may come as no surprise to anyone that Canadians are experiencing a lower standard of living today (NBF via Statistics Canada and Bureau of Economic Analysis). Moreover, excessive spending can also fuel costpush inflation by driving up production costs. As government demand for goods and services increases, so does the cost of inputs such as labour and raw materials. These higher production costs are often passed on to consumers in the form of higher prices, exacerbating inflationary pressures. Historical examples abound, such as the hyperinflationary episodes in Zimbabwe and Venezuela, where governments resorted to excessive money printing to finance unsustainable spending commitments. In both cases, the result was runaway inflation, currency devaluation, and economic collapse, underscoring the perils of fiscal imprudence. Many regard these instances as unique to those regions, u 12 ‘Excessive government spending’

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