If the median Canadian family spent and borrowed like the federal government, they would already be $427,759 in debt, and continuing to borrow. This is not a hypothetical scenario, but a stark reality that should urgently raise serious concerns about our financial future.
The $39.8 billion deficit expected by Ottawa in 2024-2025 represents consecutive annual federal deficits since 2015. These continued deficits are not just numbers on a balance sheet, but a clear indication of the higher taxes that Canadians will inevitably face. The Trudeau Liberal administration has never balanced a budget, and the consequences are becoming increasingly clear.
