GrammaWillow
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https://www.westernstandard.news/opinion/gwyn-morgan-mark-carneys-fiscal-fantasy-will-bankrupt-canada/66115
“Mark Carney was supposed to be the adult in the room. After nearly a decade of runaway spending under Justin Trudeau, the former central banker was presented to Canadians as a steady hand — someone who could responsibly manage the economy and restore fiscal discipline.

Instead, Carney has taken Trudeau’s recklessness and dialled it up. His government’s recently released spending plan shows an increase of 8.5 per cent this fiscal year to $437.8 billion. Add in “non-budgetary spending” such as EI payouts, plus at least $49 billion just to service the burgeoning national debt and total spending in Carney’s first year in office will hit $554.5 billion.

Even if tax revenues were to remain level with last year — and they almost certainly won’t, given the tariff wars ravaging Canadian industry — we are hurtling toward a deficit that could easily exceed three per cent of GDP, and thus dwarf our ...

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