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We are home, horses are fed and reflecting on what a great (short) trip it was attending the UCP - AGM. I was thrilled to meet our locals warriors and finally put faces to names. I have heard said that you are never supposed to meet your heroes for fear of disappointment but that was not the case this weekend. You are all my heroes and just as incredible as I expected you would be. I am grateful you chose to join our page here and continue to share and engage, you guys are truly my sane space in an insane world…thank you.
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Well, even those of us with only half a brain knew this before Carnage finished speaking when he first announced it!
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Prime Minister Mark Carney’s proposed Canada Strong Fund will add an estimated $750 million a year in federal debt interest costs once fully rolled out, according to finance department figures.
Blacklock's Reporter says the estimate was provided in a finance department response to the House of Commons government operations committee and comes after critics argued the $25-billion fund is not a true savings account.
“Based on the projected interest rates, interest costs are estimated to be $750 million annually once the $25 billion is fully deployed,” the department wrote.
Officials warned the final cost could rise.
“This estimate is subject to change with future interest rate projections and as details of how the fund will be operationalized are refined over the coming months,” the finance department said.
Carney announced the fund April 27, describing it as a national savings ...
