Monday, December 16, 2024

Freeland Resigns As Finance Minister

 Holy crap!: 

Canadian Prime Minister Justin Trudeau faced the biggest test of his political career after Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers, announced Monday that she was resigning from the Cabinet.

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(Sidebar: oh, go to hell, Jag! You've been propping up this garbage government for your pension. Masarati Marxist!) 


Dominic LeBlanc has promised to step in and further finish the country off economically.

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I did not see that coming from the "journalist".

Justin threw her under the bus good and hard, just as he did with the taxpayer:

Minutes before the government’s red ink-soaked fiscal update was to be unveiled to journalists on Monday morning, Finance Minister Chrystia Freeland announced her resignation and dramatically exposed the internal strife in the government. ...

Canada’s deficit is now forecast to be $62 billion, more than 50 per cent higher than the $40-billion projection contained in Freeland’s spring budget. The economy is slumping, causing growth predictions to tick down and government revenues to be revised down by $5.5 billion less than projected in April.

As the National Post revealed on Sunday, the government has cancelled expensive plans to issue $250 cheques to Canadian workers as part of an “affordability” plan that was widely panned by economists and viewed skeptically by Canadians, who viewed it as a vote-buying scheme, according to Postmedia-Leger polling. Finance officials said the cheques were taken out of the fiscal update when it became clear that no opposition party would help the Liberals’ minority government pass the legislation.

The government plans to spend $1.3 billion over six years on a “comprehensive border security package,” an initiative driven almost entirely by U.S. President-elect Donald Trump’s threat to unleash 25 per cent tariffs on Canada if it doesn’t beef up border security. ...

For the bulk of the increase to the deficit projection, the government blames money put away for future Indigenous claims, similar to the multi-billion settlement over the First Nations Child and Family services program. The government says it is booking these expenses now because the probability of a future payment is high and it’s possible to estimate the amount.

The government also booked nearly $5 billion for COVID-19 related expenses, such as $1.2 billion for expired vaccines and other treatments and $3.5 billion for writing off loans made to workers and businesses during the pandemic.

With multiple calls for Trudeau’s resignation, even from his own MPs, the political drama surpassed the fiscal news on Monday. And, at 4 p.m., when the fiscal document was supposed to be tabled in the House, the government still didn’t have a finance minister to shepherd it through the House of Commons, with Liberal House leader Karina Gould putting the document before MPs.

 

(Sidebar: this Karina Gould.) 


To recap:

- Chrystia Freeland is gone as finance minister mere hours before she was to deliver the fiscal document that showed Canadians are $62 billion in debt

- the spending will not stop, nor has the document stated the interest on that deficit

- loyalist and outright liar Dominic LeBlanc will be the interim finance minister

- Jag clamoured falsely for Justin's resignation but none is forthcoming

 

 

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