GWYN MORGAN: Mark Carney’s fiscal fantasy will bankrupt Canada

Mark Carney was supposed to be the adult in the room. After nearly a decade of runaway spending under Justin Trudeau, the former central banker was presented to Canadians as a steady hand — someone who could responsibly manage the economy and restore fiscal discipline.

Instead, Carney has taken Trudeau’s recklessness and dialled it up. His government’s recently released spending plan shows an increase of 8.5 per cent this fiscal year to $437.8 billion. Add in “non-budgetary spending” such as EI payouts, plus at least $49 billion just to service the burgeoning national debt and total spending in Carney’s first year in office will hit $554.5 billion.  

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What’s the deal with the Grits and EV cars?

In ten years you won’t be allowed to buy a new, gasoline-powered vehicle in our country. Sorry, but that’s the law.

Except you will be able to buy one. Confused? Can’t blame you. But the fog begins to lift when realizing the federal Liberals are involved in this malarkey. It’s because the Grits have successfully turned today’s legislation into nothing more than tomorrow’s electioneering gimmick.

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HEINRICHS: Cash is freedom — and Ottawa wants to take it away

Alberta-based North Economics reports that in 2022, Canada’s five largest banks recorded $7.73 billion in non-interest retail bank profits. That’s about $250 for every Canadian.

North Economics managing director Alain de Brossart broke it down, stating, “Canadian banks have done a very good job of extracting as many fees out of people as possible.”

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Jamie Sarkonak: Non-citizen johns shouldn’t get sentence discounts for their crimes

 

In December 2023, Akashkumar Khant, 30 (plus or minus some months), made the mistake of arranging to have sex with a 15-year-old at a Mississauga Holiday Inn for $140.

Only, when he got there, that 15-year-old turned out to be a cop. He was arrested at the hotel (with $140 in cash on hand) and subsequently ended up in court — but he won’t receive a criminal record for his actions, in part because of his immigration status.

h/t Patti Jo

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Democracy Watch Blows the Whistle on Carney’s Ethics Sham

So here’s something the media doesn’t want to talk about because it shatters the entire illusion they’ve built around the man they now call Prime Minister: Mark Carney. The technocratic savior, the former banker with all the right globalist credentials, the guy who jets between Davos and Ottawa with a PowerPoint and a carbon tax. And yet, today buried under polite headlines and careful euphemisms a watchdog group in Canada finally said what should’ve been obvious to anyone paying attention.

Mark Carney’s ethics screen and his so-called “blind trust” are scams. Period.


Carney and Trump may not be on the same team but they do seem to working toward the same goal. The end of Canada.

h/t Mauser

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Today In “How Corrupt Is The LPC?” – Before joining cabinet, public safety minister wrote immigration support letters for terror group ‘member’

Before joining cabinet, public safety minister wrote immigration support letters for terror group ‘member’

Before he was appointed to the federal cabinet two years ago, Public Safety Minister Gary Anandasangaree wrote letters urging Canadian officials to approve the immigration application of a man they had determined was a member of a terrorist organization.

The letters, dated 2023 and 2016, were written on Anandasangaree’s House of Commons letterhead and sent to the Canada Border Services Agency on behalf of an alleged member of Sri Lanka’s Tamil Tigers who wanted to move to Toronto.

Identity politics attracts the world’s parasites.

h/t Patti Jo

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Even with cuts, Carney’s spending is still off the charts

A series of leaked letters sent out by the Prime Minister’s Office indicate that Prime Minister Mark Carney is seeking to slash government spending by 15 per cent over the next three years. If the targets are met, this could work out to about $25 billion in savings per year.

The Canadian Centre for Policy Alternatives, for one, said that these would represent the “worst cuts to the public service in modern history,” and would “rival” the aggressive reductions to government spending that Canada undertook in the 1990s.

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What will kill the electric car this time: Trump or Canada’s haplessness? … Suicide is more likely

It appears we have elected a federal government that is not only eager to support a new oil pipeline in British Columbia, but may end up throwing our electric vehicle ambitions into reverse—if not into the ditch.

This could be hasty and unduly negative, but Prime Minister Mark Carney has so far shown far less interest in the clean technologies of the future than in roads, railways, ports and pipelines for his “major infrastructure” projects.

The most optimistic speculation is that his government will extend deadlines for EV adoption by a few years in response to pressure from the Canadian auto sector. Automakers argue, reasonably, that the Justin Trudeau-era decree—that 20 per cent of new cars sold in Canada must be zero-emissions by 2026—is undoable for a variety of reasons, with one of them being the Trump administration’s sharp turn away from electrification and back to gas-powered behemoths.

Another EV evangelist shorted out of reality.

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Mark Carney needs to explain to Canadians how we’re going to pay for our national defence

It wasn’t so long ago that Canada perennially cashed in on its so-called “peace dividend.” The logic went like this: while our tanks might rust, the salaries of our Armed Forces members stagnate, and our ammunition stockpiles dwindle, the government could reallocate military spending toward areas of more immediate concern — entitlement programs, infrastructure and other “flavours of the day.”

Point to whichever geopolitical disaster from recent history you like, one thing is painfully clear: the dividend has been spent. But the problem isn’t just that our leaders have been slow to acknowledge this new reality — it’s that they’ve been even slower to act on its implications. Because the inverse logic now applies: in a more volatile world, there is a crisis fee to pay. A big one.

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Conrad Black: Liberals must retreat from their climate obsessions

We are now close to the litmus test of the new Carney government as it approaches the bifurcation between the road to sensible fiscal and environmental policy and the road over the cliff into total war against the oil and gas industry and the piling on of taxes and higher gasoline and fuel costs in pursuit of a tokenistic reduction in Canada’s minimal contribution to world carbon use. So far, we have generally had inconclusive indications of attempts to straddle these irreconcilable options. There have been references to a ”carbon-neutral pipeline,” (a nonsensical idea), and fuzzy comments about how to pay for the prime minister’s vertiginously expensive doomsday climate wish list, including a referendum on tax increases.

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Details of Carney’s Conflict-of-Interest Screen Released by Ethics Commissioner; 103 Entities Listed

Prime Minister Mark Carney and Canada’s ethics commissioner have agreed to a conflict of interest screen to ensure that no decisions are knowingly made by the prime minister that may benefit his former employer Brookfield Asset Management or Stripe, whose board he previously sat on, as well as more than 100 other companies.

The details of the conflict of interest screen were made public on July 11 by the ethics commissioner and mean Carney must recuse himself from 103 corporate entities.

So his lackey’s will note the shielded firms involvement in a given scenario and rubber stamp as needed to profit Carney & Co.
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Canada’s Carney talked tough on Trump – now some say he’s backing down

It’s another curveball in the Canada-US trade war – a new missive by US Donald Trump threatening an unexpected 35% tariff on Canadian goods starting next month.

It came as the two countries engage in intense trade talks meant to produce a new deal in the coming days, and what the latest tariff threat means for these negotiations is unclear.

But Canada’s new prime minister, Mark Carney, is beginning to face questions over whether he is able to stand up to Trump and secure the fair deal for Canada he promised.

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