The Horgan government says that by 2024, it’s going to be $127 billion. That’s an increase of 45 per cent in three years
The sun will come out tomorrow and we need to start acting like it. Politicians keep telling us that we need to buckle up while they overspend like there’s no future, but, when we finally emerge from the COVID Tunnel of Hell, taxpayers can’t afford for governments to keep spending our bottom dollars. Premier John…
And just wait until you hear how much the government is spending to cover its debt interest costs. It isn't pretty
If you think the federal government’s so-called historic spending on a national child-care scheme is big, wait until you hear how much the government is spending to cover its debt interest costs. In its 2021 budget, the Justin Trudeau government is promising to spend $30 billion over five years on a national child-care program. That’s…
A bailout would only encourage risky financial decision-making at other universities
It’s a bad idea to keep adding water to a leaky bucket. Millions of dollars have been gushing out of Laurentian University for years. And it’s not right to plug the holes with taxpayers’ cash. Laurentian University is facing a debt crisis of its own making, and Ontario Premier Doug Ford’s political opponents are calling…
Another step toward irresponsible indebtedness
By Miquel Ouellette and Maria Lily Shaw MEI The recent budget presented by the Liberal government of Justin Trudeau – its first in over two years – is another step toward irresponsible indebtedness that will burden an entire generation of Canadians, if not more. On top of the hundred billion dollars of new spending, the…
Sticking future generations with the tab isn’t a winning solution
By Franco Terrazzano and Renaud Brossard Canadian Taxpayers Federation There’s a big difference between making something affordable and playing a shell game with the costs. Unfortunately, the feds are choosing the latter with their new child-care program. The federal 2021 budget allocated $30 billion over the next five years towards a national child care program…
The Trudeau government is mortgaging our future
By Franco Terrazzano and Jay Goldberg Canadian Taxpayers Federation It’s one thing to pull out the credit card to pay for new shingles to patch a leaky roof in a storm. It’s another thing to pull out that credit card to buy a new big screen before the rain even stops. That’s what Ottawa is…
The Trudeau government has set Canada on a path to fiscal destruction
By Aaron Wudrick and Franco Terrazzano Canadian Taxpayers Federation The British politician Nigel Lawson once said: “To govern is to choose – to appear to be unable to choose is to appear to be unable to govern.” If Lawson is correct, then the only conclusion to be drawn from Finance Minister Chrystia Freeland’s federal budget…
Would you prefer cash back under the Trudeau model or O’Toole bucks towards buying a solar-powered e-bike?
Conservative Party leader Erin O’Toole is set to lose the trust of millions of Canadians and betray hard-working taxpayers by embracing carbon taxes. The Conservative Party has long promised to repeal Prime Minister Justin Trudeau’s federal carbon tax mandate immediately after forming a government. Former Conservative Party leader Andrew Scheer’s promise to repeal the carbon…
Provincial debt is more than $75 billion, and it’s increasing by $100 per second
British Columbia’s last budget feels like something from a distant, pre-pandemic past. Now the province’s throne speech gives a little glance into the future budget. And if we’re going to get back to balanced budgets, we’re going to have to go faster than Marty McFly to fix our finances in the future. Back in the…
Canadian politicians insist that massive government spending is needed to bring the economy back to life. But they’re dead wrong
Canadian politicians at every level continue to insist that massive government spending is needed to bring the Canadian economy back to life. But they’re dead wrong. Politicians can help our economy. But not with more wasteful spending. Instead, they should let us keep more of our own money. Federal Finance Minister Chrystia Freeland has argued…