There’s a hard truth that Canadians need to wake up to, especially homeowners: The government is broke.
The numbers don’t lie. Federal debt has more than doubled since 2015, climbing past $1.2 trillion. Interest payments on that debt are now larger than what Ottawa spends on health care transfers to the provinces. They’ve run out of room to borrow without consequences. They’ve run out of excuses, and now, they’re running out of people to tax — except you.
If you own a home, particularly if it’s paid off, congratulations. You’re about to become the government’s next target.
Interesting that the people most likely to vote for Carney are home owners hoping to protect their equity by continuing the housing shortage caused by Liberal party mass immigration policy.
And now they find that their hard won gains may be stolen by their savior Carney.
As they say: Be careful what you wish for.
