Tory Redux

Tag: Canadian politics

  • The Hidden Costs of Canada’s Growing Debt

    Canada will spend more than $55.6 billion this fiscal year on interest payments alone. Not on strengthening public services. Not on affordability. Not on anything that actually improves people’s lives. Just interest on a debt that keeps growing because governments refuse to live within their means

    That’s the part too often glossed over. Interest isn’t an investment. It creates nothing. It builds nothing. It simply drains resources that could be helping families who are struggling to keep up with the cost of living.

    The harsh truth is this: most of that burden won’t fall on us. It will fall on the next generation. They’ll inherit the bill for choices they never made.

    Fiscal responsibility isn’t about accounting. It’s about fairness. And right now, we’re failing that test.

  • Carney’s “Fiscal Anchor” Was Never an Anchor at All

    Carney’s “Fiscal Anchor” Was Never an Anchor at All

    The Parliamentary Budget Officer cut through the noise this week. They did what Ottawa refuses to do. They told the truth about the books. Carney’s so-called “balanced operating budget” wasn’t a plan, a discipline, or anything resembling a real anchor. It was creative accounting dressed up as credibility.

    The PBO lays it out plainly; the anchor is not credible. The government has been shifting definitions and moving pieces around. It also relies on accounting tricks. These tricks smooth over the reality of rising spending and ballooning debt. Balancing the operating budget was always a political slogan, not a fiscal guardrail.

    This matters. When your anchor is fake, your entire budget drifts. And right now, Canada is drifting into more profound deficits, higher interest payments, and fewer choices for the next generation.

    Carney can put a shine on it. The PBO pulled the shine off.

    And the numbers speak for themselves.

  • Canada Day

    Canada Day celebrates our nation’s history since 1867. We remember explorers’ economic opportunity and the defence of liberty. Let’s celebrate our diverse past, partnership, and optimism that built our vibrant nation. Happy Canada Day!