Trudeau is sticking future generations with his spending bill

Babies born on budget day 2021 had more than $28,000 of debt the moment they opened their eyes

Trudeau is sticking future generations with his spending billBy Franco Terrazzano Canadian Taxpayers Federation and Kris Rondolo Generation Screwed Canadian babies born on federal budget day 2021 had more than $28,000 of debt the moment they opened their eyes. That’s each Canadian’s share of the federal government’s $1-trillion debt. And it’s going up. By the time those little ones blow out their candles…

What pandemic? A tale of two downturns in Toronto

Municipal employee salary hikes during lockdowns a slap in the face to taxpayers

What pandemic? A tale of two downturns in TorontoAs hardworking taxpayers tightened their belts last year to cope with pay cuts and job losses, Toronto’s municipal employees were busy cashing in bigger paycheques with your tax dollars. The City of Toronto currently employs 34,603 workers. Last year, only 104 of them didn’t get a raise. That means over 99.6 per cent of Toronto…

Universal daycare anti-mother social engineering

And a slap in the face to homemakers

Universal daycare anti-mother social engineeringThere’s a new entry to Canada’s list of bad ideas promoted during the COVID-19 outbreak: a literal nanny state. Aspirant recipients and allies are seizing on panic to invoke a policy monstrosity that would be a blow to children and families. In September’s throne speech, the former governor general said: “We have long understood that…

Canadians sinking under a $1,000,000,000,000 debt tab

And just wait until you hear how much the government is spending to cover its debt interest costs. It isn't pretty

Canadians sinking under a $1,000,000,000,000 debt tabIf 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…

Trudeau budget takes on a reckless amount of new debt

Another step toward irresponsible indebtedness

Trudeau budget takes on a reckless amount of new debtBy 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…

Heading down the slippery slope to a universal basic income

Should we continue to offer direct financial relief to citizens even beyond the pandemic?

Heading down the slippery slope to a universal basic incomeModern monetary theory (MMT) now plays a role in your life, whether you know it or not. The theory argues that a nation can never truly run out of money, and it advocates quantitative easing to solve a nation’s debt and unemployment problems. Historically, quantitative easing and currency devaluation have been used as last-resort options…

Food sector gets budget help but there are gaps

Food sector gets budget help but there are gapsSpend, spend, spend – that’s the strategy. And green is the colour of choice. The environment is front, left and centre in the latest federal budget. Everybody is getting something to get more environmentally focused – well, almost everybody. While taxpayers won’t get a break any time soon, the federal government’s footprint in our economy…

Federal budget spends more on everything with no plan to pay for it

The Trudeau government has set Canada on a path to fiscal destruction

Federal budget spends more on everything with no plan to pay for itBy 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…

Economic stimulus should come from taxpayers, not governments

Canadian politicians insist that massive government spending is needed to bring the economy back to life. But they’re dead wrong

Economic stimulus should come from taxpayers, not governmentsCanadian 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…
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