**
$1.4 trillion: Expected federal debt in 2025/26. Almost double the $721B debt in 2019/20. ...
$30 billion: The extra spending on child care in next five years.
$604 million: Revenue generated in five years by a luxury tax on cars and personal aircraft worth more than $100,000 and boats worth more than $250,000. ...
(Sidebar: HA! What a number!)
$15: Introduction of a minimum wage of $15 per hour.
$700 million: Expected revenue over four years by imposing a one per cent tax on the value of non-resident, non-Canadian owned residential real estate that is considered to be vacant or underused.
**
Today Trudeau will lock in permanently high deficits paid with printed $.
— pierrepoilievre (@PierrePoilievre) April 19, 2021
Back to the future. When his dad did this in early 80s:
-Inflation: 12%
-Unemployment: 12% (record)
-Interest rates: 18% (record)
-Suicide rate: 14.8/100k (record)
-650k more ppl in poverty
**
By the time all the money is out the door, Trudeau will probably have accumulated more debt than all 22 prime ministers who preceded him combined. But he’s still betting Canadians are in the mood to think big.
They're just not in a mood to think.
Also:
A national grant program for youth volunteers went about 12 percent over budget to more than $117 million, according to labour department figures. Cabinet launched the Canada Service Corps three years ago: “It helps them develop relationships.”
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