What we need are carefully targeted programs specifically aimed at dealing with the issues that keeps people in poverty
In a country as rich as Canada, no one should have to be hungry or homeless. We do have people who can’t provide for themselves and we rely on the government to provide a floor below which Canadians can’t fall. We have to remember that this support comes from us, the taxpayers, so we need…
And just wait until you hear how much the government is spending to cover its debt interest costs. It isn't pretty
If you think the federal government’s so-called historic spending on a national child-care scheme is big, wait until you hear how much the government is spending to cover its debt interest costs. In its 2021 budget, the Justin Trudeau government is promising to spend $30 billion over five years on a national child-care program. That’s…
Another step toward irresponsible indebtedness
By Miquel Ouellette and Maria Lily Shaw MEI The recent budget presented by the Liberal government of Justin Trudeau – its first in over two years – is another step toward irresponsible indebtedness that will burden an entire generation of Canadians, if not more. On top of the hundred billion dollars of new spending, the…
Sticking future generations with the tab isn’t a winning solution
By Franco Terrazzano and Renaud Brossard Canadian Taxpayers Federation There’s a big difference between making something affordable and playing a shell game with the costs. Unfortunately, the feds are choosing the latter with their new child-care program. The federal 2021 budget allocated $30 billion over the next five years towards a national child care program…
A fraction of the global economy moving to a bitcoin standard will create a ripple effect
Former Canadian prime minister Stephen Harper recently suggested bitcoin could become a reserve currency alongside the U.S. dollar. Now a business adviser with Harper & Associates consulting, he had a caveat: bitcoin still lacks a key money feature, that being a store of value. In contrast to fiat currencies, bitcoin has done little but rise…
The Trudeau government is mortgaging our future
By Franco Terrazzano and Jay Goldberg Canadian Taxpayers Federation It’s one thing to pull out the credit card to pay for new shingles to patch a leaky roof in a storm. It’s another thing to pull out that credit card to buy a new big screen before the rain even stops. That’s what Ottawa is…
Or how you too can share in the millions Mark Zuckerberg is giving away
Few crimes make me angrier than telephone or online scams. But I don’t know who I’m angrier at – the scammer or the victim. The scammer is a reprehensible subhuman, preying on naive elderly people. What’s worse than that? But I’m also angry at the naive elderly person. Seriously, grandma, do you really think the…
The Trudeau government has set Canada on a path to fiscal destruction
By Aaron Wudrick and Franco Terrazzano Canadian Taxpayers Federation The British politician Nigel Lawson once said: “To govern is to choose – to appear to be unable to choose is to appear to be unable to govern.” If Lawson is correct, then the only conclusion to be drawn from Finance Minister Chrystia Freeland’s federal budget…
Would you prefer cash back under the Trudeau model or O’Toole bucks towards buying a solar-powered e-bike?
Conservative Party leader Erin O’Toole is set to lose the trust of millions of Canadians and betray hard-working taxpayers by embracing carbon taxes. The Conservative Party has long promised to repeal Prime Minister Justin Trudeau’s federal carbon tax mandate immediately after forming a government. Former Conservative Party leader Andrew Scheer’s promise to repeal the carbon…
Provincial debt is more than $75 billion, and it’s increasing by $100 per second
British Columbia’s last budget feels like something from a distant, pre-pandemic past. Now the province’s throne speech gives a little glance into the future budget. And if we’re going to get back to balanced budgets, we’re going to have to go faster than Marty McFly to fix our finances in the future. Back in the…
Canadian politicians insist that massive government spending is needed to bring the economy back to life. But they’re dead wrong
Canadian politicians at every level continue to insist that massive government spending is needed to bring the Canadian economy back to life. But they’re dead wrong. Politicians can help our economy. But not with more wasteful spending. Instead, they should let us keep more of our own money. Federal Finance Minister Chrystia Freeland has argued…
But don’t bet on seeing a balanced budget, let alone one in surplus
For the first time in more than two years, the federal government is bringing down a budget today (April 19). So let’s look at what the budget should do to best serve Canada, its people and our economy. The first function of any budget is to compare expected income and expenditures. In a balanced budget,…
Will she put Canada back on the road to fiscal reality or double-down on sky-high spending?
As Canadians wait to see just what will be in the first federal budget in more than two years, this much is certain: that the amount of red ink will surge past any other deficit records in Canada’s modern history. What’s less certain is whether Finance Minister Chrystia Freeland plans to put Canada on a…
Job losses and economic contraction will be substantial
By Alex Whalen and Elmira Aliakbari The Fraser Institute As the New Brunswick economy emerges from the COVID-19 pandemic and recession, the federal government’s new plan to raise its carbon tax will have major economic consequences for the province. Under the federal Greenhouse Gas Pollution Pricing Act, the original plan was to raise the carbon…
Because of rising housing prices
The two necessities in life are food and shelter. It looks like both are getting much more expensive. For a few years, the cost of food has been the most important food affordability barrier. Not anymore. The cost of housing is now seen by Canadians as the most significant barrier. A recent poll conducted by…