Canada's crumbled economy didn't just happen overnight.
It was years of incompetence and apathy.
But don't take my word for it:
One in three Canadians say they are struggling financially due to the high cost of living, a level not seen since the start of the COVID-19 pandemic, a recent survey from the Angus Reid Institute finds.
The survey of 1,600 Canadians, released on Thursday, found that 34 per cent of Canadians are in "bad" or "terrible" shape financially, up six percentage points from last July.
By comparison, 27 per cent of Canadians reported being in bad or terrible shape financially in April 2020, when governments put in place lockdown measures to try to curb the spread of COVID-19.
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The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the economy is still running hot.
The central bank is set to announce its next interest rate decision on Wednesday. The announcement will be accompanied with updated economic projections for growth and inflation in its quarterly monetary policy report.
BMO chief economist Douglas Porter said although the economy is growing faster than anticipated, lower-than-expected inflation will convince the Bank of Canada to hold its key interest rate at 4.5 per cent.
That's strange.
I was told that inflation either didn't exist, wasn't so bad and that we were definitely not in a recession.
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Giroux reported that when the negative impact of Trudeau’s carbon tax on the Canadian economy is considered, 60% of households in the seven provinces where the federal tax applies, or will apply starting July 1, end up paying more in carbon taxes than they get back in climate action incentive payments.
By 2030, 80% of households in five of the seven provinces, will pay more in carbon taxes that they get back in rebates.
This is all explained in detail in the charts in Appendix A of the report, “Climate Action Incentive payments and household net costs.” Apparently, many in the chattering class didn’t read that far.
It’s also nothing new. Giroux made similar conclusions in a report last year.
But this time, former Greenpeace activist Steven Guilbeault, now Trudeau’s environment minister, grudgingly acknowledged in an interview with CTV’s Vassy Kapelos that, yes, most families end up paying more in carbon taxes than they get back in rebates.
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According to Blacklock’s Reporter, the report counted a total of $7.7 billion budgeted since 2004 on Official Languages Act programs, primarily in grants and subsidies.
“The objectives of the programs are to enhance the vitality and support the development of official language minority communities and to promote the recognition and use of both official languages throughout Canadian society,” wrote staff.
Budgeting included $1.6 billion from 2004, $1.7 billion in 2008, another $1.7 billion in 2013 and $2.7 billion in 2018, said the report.
Yet outside Québec, over the same period, the number of Canadians who identified French as their first language fell from 4.2% to 3.5% and the bilingualism rate declined from 10.2% to 9.5%.
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Not to fear from these economic woes.
The frat-boy who has never had to sweat out a pay cheque has some answers for us!:
Watch the worst political leader of all time give the worst personal financial advice of all time. pic.twitter.com/KBFJJZeSLg
— Amazing Zoltan (@AmazingZoltan) April 8, 2023
Ask the boy wonder if he knows the difference between a credit card and a debit card.
The answer won't surprise you.
This is the same hammy actor who walked away from powerless thousands in his riding and the surrounding area to go on Easter holidays:
Trudeau flew to Montana immediately afterwards for an Easter ski holiday:
— Dean Skoreyko (@bcbluecon) April 8, 2023
"Trudeau, who was in Montreal alongside Mayor Valérie Plante, said it is important for people to stay safe and pull together." https://t.co/WnosEz4ksJ
In Montana.
Because bouncy castles and - above all - Canadians aren't there.
Why does this sound familiar?
Despite repeatedly urging Canadians to stay home for Easter amid the coronavirus pandemic, even if it meant not seeing their families, Prime Minister Justin Trudeau is defending the decision to go see his.
The pandemic forced Canadians across the country to abandon hopes of travel to see loved ones and also came amid warnings from public officials for people not to travel to cottages unless that is already their primary residence — and really, just not to leave their homes at all.
People without self-respect keep putting a douche-tool like that into office.
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