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Justin Trudeau’s spending plans will be threatened by higher interest rates and looming recession, report says

hamermill

Senior Member
Oct 2, 2001
4,352
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In a place far, far away
Of course Trumdumb knows better

HAMILTON—The federal Liberal government’s budget plan to grow the economy and get the public books in order is “unlikely” to work, given its evolving ambitious political promises, higher global interest rates, and the “high likelihood of a more severe recession in 2023,” says a new report.

The report, written by former Bank of Canada governor and deputy finance minister David Dodge, and Robert Asselin, former finance policy adviser to the Liberal government now with the Business Council of Canada, comes as the Trudeau cabinet meets to strategize about the coming months in Parliament.

At the top of cabinet’s agenda over the next three days is to take a hard look at the fiscal and economic picture facing Canada, at looming big-ticket changes to annual health spending, and at tough upcoming public sector contract talks with unions threatening strikes if Ottawa doesn’t meet demands for double-digit pay raises.

The economic outlook Dodge and Asselin produced for Bennett Jones and the Business Council of Canada looks at several scenarios, but mainly it paints a pessimistic picture of the road ahead, and the sustainability of public finances in the face of Canada’s debt, lagging productivity and government revenues, and the Trudeau government’s desire to boost health-care spending, tackle climate change and spur a transition to a stronger digital economy.

It says the Liberal government last year set out budget projections based on “a plausible but optimistic set of assumptions.” Dodge and Asselin foresee the need for an additional $60 billion to achieve the government’s goals. “If anything, even more spending and borrowing may be required for the government to deliver on the policy objectives,” it said.

Ahead of arriving at the cabinet retreat, Prime Minister Justin Trudeau touted his government’s efforts to boost digital innovation and Canada’s high-tech sector, announcing $40 million for Toronto-based Xanadu Quantum Technologies to build and commercialize what Trudeau said is the world’s first photonic-based, fault-tolerant quantum computer, and create 530 high-paying tech jobs.

Trudeau said Monday the federal government would continue “to invest” in such projects, citing the impact that quantum computing can have on automotive and battery design, modelling climate change, or on the development of “new life-saving medicines and technologies.”

“We need to keep looking to where the puck is going; strategic investments like today will set us up for success in the years and in the decades to come,” he said.

It’s all part of a new year push to highlight what the government’s doing to secure so-called “jobs of the future.” Trudeau spent last week during stops in Saskatchewan, Quebec and Ontario pumping up Canada’s efforts to build value-added supply chains in the critical minerals and electric vehicle and battery sectors.

But even as it makes big-spending promises, the government’s fiscal track — how it squares its tax and spending plans with the ongoing need to responsibly pay down debt — faces real risks, say Dodge and Asselin.

Dodge told reporters, “The government is dealing with terrible conflict between priorities, and we’re not the only government but as a small economy, it becomes particularly difficult.”

Dodge and Asselin said the federal government has underestimated what would be required to deal with the “issues they claim to be targeting,” including transfers to the provinces especially for health care, income support and employment insurance, enhanced national security and defence, improved infrastructure, and transformation to a low carbon economy.

Dodge said $60 billion in additional spending would be needed to deliver on “what they’re trying to do, so it’s not insignificant.”

All G7 countries and many advanced western economies face similar problems. Canada is willing to encourage higher levels of immigration “which helps in the short run” to offset the demographic challenges of an aging workforce and lagging productivity.

But Dodge said governments are grappling with higher interest rates globally, growing debt, and declining free trade as countries seek to address international supply chain crunches through subsidies to support domestic industries “under the always perennial guise of national security. I think it is quite worrying and it ends up being particularly worrying for a small country like ours.”

He said governments in Canada, the U.K. and Europe confront competitive challenges because of the Biden administration’s massive Inflation Reduction Act which earmarks $370 billion for U.S. efforts to boost its clean energy and critical mineral production.

“We seem in the western world, basically, to have got ourselves into a box, where the only way we can deal with things is through subsidy,” Dodge said.

However, he added, “the issue goes back to how long can you go on borrowing, how long will markets — either national or international — be willing to finance ever-increasing debt? And that is the classic global debt challenge that we face.”

Kevin Page, head of the Institute of Fiscal Studies and Democracy at the University of Ottawa and a former parliamentary budget officer, said in an interview the fiscal outlook for 2022-23 “is so much better than it was a year ago.” Yet inflation is still running at about six per cent on a year-over-year basis. Many economists expect it could drop to about three to four per cent in the summer, he said, but it is likely to remain “sticky.”

There is a “huge amount of uncertainty” in the economy, Page said, despite a strong third quarter last year, and a strong labour market recovery since the pandemic. And there is a “growing possibility of a recession in 2023” that the government will have to get its head around, Page said.


Inflation has meant real wage losses, household debt is “skyrocketing,” and “that’s really going to put the brakes on consumer spending,” meaning the overall picture of what “fiscal choices” to make is “complicated” for governments, he said.

In the case of the federal government, there is another thorny problem to confront: several public sector unions are in contract talks that have bogged down.

The largest — the Public Service Alliance of Canada — is seeking a 13.5 per cent increase over three years (or 4.5 per cent a year) for some 155,000 federal workers without contracts since 2021. The union says its demand is slightly lower than the cumulative and forecast inflation rate of 13.8 per cent over the same relevant period. The federal government’s offer is a 2.06-per-cent yearly increase over four years.

A senior government source said PSAC’s demand of nearly 14 per cent over three years is “just not on.”

PSAC spokesman Michael Aubry said in an interview the federal government is the largest employer in Canada and “if they don’t set a trend for workers in Canada to stay in line with the cost of living, what they’re saying to Canadians is everyone should take a real wage cut year over year.”

Outside of Hamilton’s convention centre where the cabinet retreat had not yet gotten underway, about 150 undocumented immigrants, farm workers, domestic workers, current and former international students and refugees protested, and called on the Trudeau government to grant them permanent resident status.

Also yelling from the sidelines were several anti-government protesters carrying “F— Trudeau” flags and hollering at a line of security vehicles that were part of the prime minister’s entourage.

 

oil&gas

Well-known member
Apr 16, 2002
12,221
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Ghawar
Oil prices staying high in 2023 could offset rising interest rate to the
benefit of Trudeau and his climate sheeple supporters.
---------------------------------------------------------------------------------------------
Who needs a windfall tax? Oil and gas companies poured $48 billion into government coffers this year, says RBC

Jul 22, 2022

Unanticipated revenue from energy royalties and corporate taxes are pouring into government treasuries, offsetting the need for a Canadian version of a “windfall tax” on oil and gas companies that is high on the political agenda in Europe and elsewhere, a Royal Bank of Canada analyst argues in a new report.

Surging energy prices have propelled the taxes and royalties paid by public Canadian energy companies to around $48 billion this year, a 200-per-cent year-over-year increase, Michael Harvey, an analyst at RBC Capital Markets, the investment banking arm of Royal Bank, calculated.

Harvey estimated that the contribution of Canada’s publicly traded oil and gas companies to federal and provincial revenue will increase to $64 billion in 2023. That should deter politicians from following the United Kingdom’s lead and claiming an additional share of surging energy prices.
.................................................................................
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Frankfooter

dangling member
Apr 10, 2015
79,744
17,570
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Oil prices staying high in 2023 could offset rising interest rate to the
benefit of Trudeau and his climate sheeple supporters.
---------------------------------------------------------------------------------------------
Who needs a windfall tax? Oil and gas companies poured $48 billion into government coffers this year, says RBC

Jul 22, 2022

Unanticipated revenue from energy royalties and corporate taxes are pouring into government treasuries, offsetting the need for a Canadian version of a “windfall tax” on oil and gas companies that is high on the political agenda in Europe and elsewhere, a Royal Bank of Canada analyst argues in a new report.

Surging energy prices have propelled the taxes and royalties paid by public Canadian energy companies to around $48 billion this year, a 200-per-cent year-over-year increase, Michael Harvey, an analyst at RBC Capital Markets, the investment banking arm of Royal Bank, calculated.

Harvey estimated that the contribution of Canada’s publicly traded oil and gas companies to federal and provincial revenue will increase to $64 billion in 2023. That should deter politicians from following the United Kingdom’s lead and claiming an additional share of surging energy prices.
.................................................................................
................................................................................

The oil&gas industry still had record profits.
We can tax the hell out of them.

Wonder if this is related to the number of 'eat the rich' type movies out these days, like triangle of sadness.
 

bazokajoe

Well-known member
Nov 6, 2010
9,258
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The oil&gas industry still had record profits.
We can tax the hell out of them.

Wonder if this is related to the number of 'eat the rich' type movies out these days, like triangle of sadness.
How much money would the Canadian Government, Alberta and local governments get if they closed up and walked away?
 

bver_hunter

Well-known member
Nov 5, 2005
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Canada's Deficit as a % of GDP is second only to Germany among all the G7 Nations.
Canada's GDP per Capita is again second to the USA.
Canada's Triple A (Aaa) Rating is number one among the G7 Nations.

Keep up the good work Trudeau. The Pee Pee supporters hate the real facts!!
 

oil&gas

Well-known member
Apr 16, 2002
12,221
1,618
113
Ghawar
Deficit spending has to come to an end and debt paid off
at some point for the sake of future generation whichever
party is in charge. Our ranking among G7 nations would not
make the debt go away.

I am not a PP supporter. In all likelihood he won't get my
vote in the next election.
 

Goodoer

Well-known member
Feb 20, 2004
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GTA & Thereabouts...
Can we all not agree as to how much better Canada could be if we had better electable officials? I want Board of Directors and CEO-like quiet leadership and stewardship. I don't want to hear about them for years.

I had high hopes after he stunned us all and beat out Mulcair, but I despise Justin Trudeau now... The list of reasons are long now as he stumbles, bumbles and fumbles along. If you lean Left, how do you ignore this?

We could have been better. We could have been less-worse off. Fight for Canada, not your Party.
 

bver_hunter

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Nov 5, 2005
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Are some people suffering from Dementia? We had the worst pandemic in more than half a Century. When the Government comes to the rescue of it's citizens all of a sudden it is under attack for doing so. Pee Pee complained about the Government not doing enough to help the Canadians and now he is complaining about the "deficits". He seems to blame the PM for the Global Inflation and high food prices thanks to the huge supply chains, Climate Impact on crops, the Putin War etc. Pee Pee then marches with the Extreme Right Wing thugs to try and make matters even worse with the supply chains and trade between Canada and its biggest trade partner called USA. The righties cannot comprehend this BASIC FACT!!
 

Goodoer

Well-known member
Feb 20, 2004
2,752
1,465
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GTA & Thereabouts...
Are some people suffering from Dementia? We had the worst pandemic in more than half a Century. When the Government comes to the rescue of it's citizens all of a sudden it is under attack for doing so. Pee Pee complained about the Government not doing enough to help the Canadians and now he is complaining about the "deficits". He seems to blame the PM for the Global Inflation and high food prices thanks to the huge supply chains, Climate Impact on crops, the Putin War etc. Pee Pee then marches with the Extreme Right Wing thugs to try and make matters even worse with the supply chains and trade between Canada and its biggest trade partner called USA. The righties cannot comprehend this BASIC FACT!!
What troubles me now is that people give Trudeau such a pass...

Trudeau's Blame Tally?:

Rescue of Canadians: Hardly (or at least not fully thought out). I wasn't rescued. I worked. He's not my hero.
Deficits: Over $1.1 Trillion now. I have kids. This is insane as the debt service costs are Billions per year.
Supply Chains: No. Not responsible.
Inflation: Yes. He's partially responsible. Just because other World Leaders printed money, he shouldn't have been as care-free. We could be better off now with better fiscal management. WE Charity scandal?
Food Prices: Yes. He's somewhat partially responsible. See inflation.
Climate Impact on Crops: No. Not responsible.
Climate Decision Impact on Crops: Carbon Tax, pending Fertilizer impacts... Yes. Absolutely.
Ukraine War: No. Obviously.
Not Being Ready for War in General: Yes, absolutely. He's been in power for so long now that he cannot blame Harper. He fucked up the F-35 purchase worse than Chretien fucked up the Helicopter purchase... Shipbuilding, military investment, military enrollment, etc. are horrendous. Just reported today was that Canada's Leopard 2 tanks are in such disrepair that we're unable to even think of sending them to the Ukraine... We're being excluded from AUKUS.
Lack of Transparency: Yes. Criminal level. The most depressing fact.
Blackface: Fuck, yes. What an idiot.

Who do Canadians rally behind? At his moment, I'd say Pierre Poillevre is the only leader as the NDP field their own loser in Singh... PP doesn't "Ummm... Ahhh..." as much as Trudeau and can deliver a speech quite well. I'm not a fan that the ultra-Right are flocking to him... It contaminates the sanity.

I want Centre for the next 25 years. I miss Chretien, Harper, Layton and Mulcair. Our PM is loser.
 

bver_hunter

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Nov 5, 2005
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What troubles me now is that people give Trudeau such a pass...

Trudeau's Blame Tally?:

Rescue of Canadians: Hardly (or at least not fully thought out). I wasn't rescued. I worked. He's not my hero.
Trudeau definitely helped the Canadians who lost their jobs during Covid. I worked as well as I run my own business!!

Deficits: Over $1.1 Trillion now. I have kids. This is insane as the debt service costs are Billions per year.
Harper ballooned the deficits when he inherited a surplus. Then at the end of his decade long tenure he artificially tried to "balance the budget" by slashing services even to our very own army veterans. Cannot understand how anyone can like the least transparent dude who sang out of tune on his piano and did not even recognize that Canada was in a recession under his tenure until push came to shove. All the other times he hid away from the press.

Supply Chains: No. Not responsible.
Was the biggest issue that caused this inflation!!


Inflation: Yes. He's partially responsible. Just because other World Leaders printed money, he shouldn't have been as care-free. We could be better off now with better fiscal management. WE Charity scandal?
Every leader of a Nation bears responsibility for inflation in their country irrespective of it being a Global Issue. This "Printing of Money" nonsense that the right wingers like Pee Pee parrots, but does not offer any reasonable alternative. Yet despite this high inflation and predictions of a recession, Canada's job creation numbers are impressive. In fact prior to the Pandemic Canada's economy was booming and along with low inflation rates, the job creations in one month surpassed what Harper did in a full year under his tenure. Remember that the WE Charity "Scandal" was investigated and no wrong doing determined on the PM's side. Trudeau still went on to win the Elections after that saga!!

Food Prices: Yes. He's somewhat partially responsible. See inflation.
Again, Canada's food prices are one of the lowest among the G7 nations. In fact the manner in which Trump tried to punish Canada with imposing tariffs etc. was due to the low prices. Freeland was brave enough to stand up to them in spite of the Conservatives screaming for her to capitulate to the Americans. She in the end got an advantageous deal!!

Climate Impact on Crops: No. Not responsible.
Climate Decision Impact on Crops: Carbon Tax, pending Fertilizer impacts... Yes. Absolutely.
Ukraine War: No. Obviously.
Not Being Ready for War in General: Yes, absolutely. He's been in power for so long now that he cannot blame Harper. He fucked up the F-35 purchase worse than Chretien fucked up the Helicopter purchase... Shipbuilding, military investment, military enrollment, etc. are horrendous. Just reported today was that Canada's Leopard 2 tanks are in such disrepair that we're unable to even think of sending them to the Ukraine... We're being excluded from AUKUS.
Lack of Transparency: Yes. Criminal level. The most depressing fact.
Blackface: Fuck, yes. What an idiot.
Remember that the Carbon Tax has been offset by credits and some Canadians are even better off as a result. The Climate Change is the biggest concern for my children. Lives cannot be redeemed but money can always be printed if push comes to shove!! The F-35 at that time raised a lot of issues as to its capabilities. All of it was then ironed out over a period of time and Canada gets the latest version which is an upgrade of what Harper blindly decided to buy without doing his proper homework!! So you are okay with more spending on arms and tanks, yet complaining about the deficits. WOW!! Harpo was a real nutcase, and the Canadians had enough of him. His legacy was poor as Canada was in a deep recession under all of his tenure, bar the first few months when he inherited a surplus under the Paul Martin and Chretien Governments!!

Who do Canadians rally behind? At his moment, I'd say Pierre Poillevre is the only leader as the NDP field their own loser in Singh... PP doesn't "Ummm... Ahhh..." as much as Trudeau and can deliver a speech quite well. I'm not a fan that the ultra-Right are flocking to him... It contaminates the sanity.

I want Centre for the next 25 years. I miss Chretien, Harper, Layton and Mulcair. Our PM is loser.
Pee Pee Poilievre is a dummy to march with the FreeDumb convoy, especially the extremists that he locked arms with. He supported them all the way when the Ottawa residents were stressed, lost their jobs as a result of unnecessary closures. Then these same nutcases went on to block the supply chains and trade between the USA and Canada, where essentials including medications for the sick and food supplies were severely disrupted. Recently, he even addressed a far right conference consisting of vaccine conspiracy theorists. What a Pee Pee Poohlievre who looks pissed off when all he does is slams the government but provides zero substance as an alternative. His popularity will stay below Trudeau's. Even if Trudeau decides to call it a day, Freeland would take over the reigns and will spank Pee Pee's ass in the elections!!
 
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JohnLarue

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Jan 19, 2005
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Trudeau definitely helped the Canadians who lost their jobs during Covid. I worked as well as I run my own business!!
Harper ballooned the deficits when he inherited a surplus. Then at the end of his decade long tenure he artificially tried to "balance the budget" by slashing services even to our very own army veterans. Cannot understand how anyone can like the least transparent dude who sang out of tune on his piano and did not even recognize that Canada was in a recession under his tenure until push came to shove. All the other times he hid away from the press.
you are so disingenuous
you give Justin the moron a pass for the covid crisis, while ignoring the financial crisis Steven Harper guided our country through
he likely saved your business'

At least PM Harper delivered surpluses
You might not see another in your lifetime due to Justin Trudeau

All the other times he hid away from the press.
meanwhile Justin bought the press ... with your tax dollars

Was the biggest issue that caused this inflation!!
wrong

food inflation is the biggest problem as we can not defer purchase of food
it is still rampant despite supply chains having over a year to become disentangled
the primary cause of inflation is printing money and damn foolish energy policies
yes Ukraine contributed as well



Every leader of a Nation bears responsibility for inflation in their country irrespective of it being a Global Issue. This "Printing of Money" nonsense that the right wingers like Pee Pee parrots, but does not offer any reasonable alternative.
stop printing money and control govt spending is a very reasonable alternative
but alas, Justin is a moron who only has one playbook to follow ... spend , tax and impose regulations to kill our resource sectors



Yet despite this high inflation and predictions of a recession, Canada's job creation numbers are impressive. In fact prior to the Pandemic Canada's economy was booming and along with low inflation rates, the job creations in one month surpassed what Harper did in a full year under his tenure.
you are so gullible and naive
Almost all new jobs created during the pandemic were in the public sector, report finds. | The Star
The public sector grew by 9.4 per cent between February 2020 and July 2022, while the private sector grew by just 0.4 per cent
The moron Justin used borrowed money to create more wasteful govt jobs


Remember that the WE Charity "Scandal" was investigated and no wrong doing determined on the PM's side.
He shut the investigation down

Trudeau still went on to win the Elections after that saga!!
a result we shall regret



Again, Canada's food prices are one of the lowest among the G7 nations. In fact the manner in which Trump tried to punish Canada with imposing tariffs etc. was due to the low prices. Freeland was brave enough to stand up to them in spite of the Conservatives screaming for her to capitulate to the Americans. She in the end got an advantageous deal!!
what planet are you living on?
Inflation: Here are the grocery items that increased the most in September - BNN Bloomberg





Remember that the Carbon Tax has been offset by credits and some Canadians are even better off as a result.
bullshit
Newsroom (taxpayer.com)
The Trudeau government claimed that its carbon tax scheme would benefit families economically, but the new PBO report shows that the government simply wasn’t telling the truth,” said CTF Ontario Director Jay Goldberg. “The report shows that most households will be paying hundreds of dollars more each year in carbon taxes than they’ll get back in rebates.
you still believe Justin is telling you the truth?
Everything he says is scripted for political gain (by someone else- Justin is too stupid to do that on his own0
He is a deer in the headlights if asked a question Katie Telford / Gerrald Butts have not prepped for him

The Climate Change is the biggest concern for my children.
the amount of Justin Trudeaus debt they will be burdened will be the biggest concern for all of our children

Lives cannot be redeemed but money can always be printed if push comes to shove!!
you have no clue how devastating uncontrolled debt and inflation will be


The F-35 at that time raised a lot of issues as to its capabilities. All of it was then ironed out over a period of time and Canada gets the latest version which is an upgrade of what Harper blindly decided to buy without doing his proper homework!! So you are okay with more spending on arms and tanks, yet complaining about the deficits. WOW!! Harpo was a real nutcase, and the Canadians had enough of him. His legacy was poor as Canada was in a deep recession under all of his tenure, bar the first few months when he inherited a surplus under the Paul Martin and Chretien Governments!!
lets see
Trudeau government does about-face with $19-billion deal to buy F-35 fighter jets | The Star

the Conservatives punted buying the planes after an external auditor’s report pegged the cost at $45.8 billion over 42 years.
During the 2015 campaign, Trudeau vowed the Liberals would never buy F-35s, citing the technical specifications and the price tag.
“That F-35 might be Stephen Harper’s dream, but I can tell you for Canadian taxpayers, it’ll be a nightmare,” he said on the campaign trail.
The full price tag could soar to an estimated $70 billion over the next few decades, officials said, factoring in the cost of owning and operating a fleet of planes

so the moron Justin Trudeau doubled the cost to taxpayers,... for perceived political gain


Pee Pee Poilievre is a dummy to march with the FreeDumb convoy, especially the extremists that he locked arms with. He supported them all the way when the Ottawa residents were stressed, lost their jobs as a result of unnecessary closures. Then these same nutcases went on to block the supply chains and trade between the USA and Canada, where essentials including medications for the sick and food supplies were severely disrupted. Recently, he even addressed a far right conference consisting of vaccine conspiracy theorists. What a Pee Pee Poohlievre who looks pissed off when all he does is slams the government but provides zero substance as an alternative. His popularity will stay below Trudeau's. Even if Trudeau decides to call it a day, Freeland would take over the reigns and will spank Pee Pee's ass in the elections!!
Pierre Poilievre will be the man who rids Canada of Justin Trudeau
He will spend his mandate trying too fix Justin's mess...
it will be very challenging

it is very perplexing how you can unconditionally support Justin Trudeau who has repeatedly shown himself to be a corrupt empty suit & a moron
 
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Frankfooter

dangling member
Apr 10, 2015
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Pierre Poilievre will be the man who rids Canada of Justin Trudeau


it is very perplexing how you can unconditionally support Justin Trudeau who has repeatedly shown himself to be a corrupt empty suit & a moron
Good summary of the value of larue thinking here.
 

bver_hunter

Well-known member
Nov 5, 2005
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@bver_hunter You’re a Liberal super-fanboi with blinders on. Do you have any criticisms of our Dear Leader JT? I noticed that you didn’t touch on the Blackface…
Goodoer you are an out and out conservative brainwashed bot. with that same nonsense about "printing money"!! What criticisms do you have for Harpo and Pee pee??
That "blackface" crap is all you can bring up about Trudeau. Something that occurred at a private party when he was dressed up in a "Fancy Dress" costume more than a couple of decades ago.
Yet nothing from you about Pee Pee Poilievre holding hands with the far right extremists in that FreeDumb convoy that disrupted the lives of several Ottawa residents for weeks!!
 

bver_hunter

Well-known member
Nov 5, 2005
27,331
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you are so disingenuous
you give Justin the moron a pass for the covid crisis, while ignoring the financial crisis Steven Harper guided our country through
he likely saved your business'

At least PM Harper delivered surpluses
You might not see another in your lifetime due to Justin Trudeau


meanwhile Justin bought the press ... with your tax dollars


wrong

food inflation is the biggest problem as we can not defer purchase of food
it is still rampant despite supply chains having over a year to become disentangled
the primary cause of inflation is printing money and damn foolish energy policies
yes Ukraine contributed as well





stop printing money and control govt spending is a very reasonable alternative
but alas, Justin is a moron who only has one playbook to follow ... spend , tax and impose regulations to kill our resource sectors





you are so gullible and naive
Almost all new jobs created during the pandemic were in the public sector, report finds. | The Star

The moron Justin used borrowed money to create more wasteful govt jobs



He shut the investigation down


a result we shall regret





what planet are you living on?
Inflation: Here are the grocery items that increased the most in September - BNN Bloomberg






bullshit
Newsroom (taxpayer.com)


you still believe Justin is telling you the truth?
Everything he says is scripted for political gain (by someone else- Justin is too stupid to do that on his own0
He is a deer in the headlights if asked a question Katie Telford / Gerrald Butts have not prepped for him


the amount of Justin Trudeaus debt they will be burdened will be the biggest concern for all of our children


you have no clue how devastating uncontrolled debt and inflation will be




lets see
Trudeau government does about-face with $19-billion deal to buy F-35 fighter jets | The Star








so the moron Justin Trudeau doubled the cost to taxpayers,... for perceived political gain



Pierre Poilievre will be the man who rids Canada of Justin Trudeau
He will spend his mandate trying too fix Justin's mess...
it will be very challenging

it is very perplexing how you can unconditionally support Justin Trudeau who has repeatedly shown himself to be a corrupt empty suit & a moron
Total and utter garbage from you as usual. Pee Pee will be spanked at the next elections. Canada's economy is far better than several of the G7 nations and the food prices have risen far less than nearly all the G7 nations. The printing money bullshit is all the far right conn media parrot on a 24/7 basis and something you buy. Harpo was the worst PM and created a huge mess, from all the years he was in charge!!


There were no "surpluses" under harper and just an ill conceived final attempt to "balance the budget". The only surplus was thanks to a Liberal Government that gifted him healthy economy in the first year of his tenure. Thereafter all he did was balloon the deficits over the years!!


Another fallacy to believe that Harpo did not increase Government spending:

Both Trudeau and Harper increased size of federal government

 
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