Blazingcatfur

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.

Polls have Prime Minister Justin Trudeau’s Liberals hanging over a cliff facing oblivion with the real possibility of the NDP or Bloc giving them the final push.

But everyone loves a good comeback story. Do the Liberals deserve one? I’d say no.

“It is A time of massive anxiety.” Justin Trudeau was talking about Canadians’ economic outlook, pitching the durability of his liberal project to a gathering of global progressives in Montreal last month. “People notice the hike in their mortgages much more than they notice the savings in their child care,” he offered, perhaps implying that in doing so people failed to appreciate all he did for them.