"We're gonna pull contractors away from building houses to make a fake house to stand in front of to make a housing announcement then have the contractors take down the fake house."
-Liberals
#HappyWednesday
Let's go deeper into why this is important. The Canadian Pension Plan is explictly NOT a government asset. It belongs to the people paying into it. Yet, the Government of Canada is now listing CPP as an asset that belongs to them, not Canadian pensioners.
🇨🇦: The Budget Number Nobody Noticed
1/ The Canadian budget looks fine at first glance — a $78 billion deficit and promises to “cut spending.”
But buried in the fine print is a number that changes everything. 👇
2/ Ottawa says it will invest $280 billion in new projects over 5 years.
But on a cash basis — the real money we borrow — that’s actually $450 billion.
That’s a $170 billion gap that quietly raises our future debt.
3/ The trick? The government counts projects over decades, not when the cash goes out.
So the official “deficit” looks smaller, even though we’ll have to borrow the full amount soon.
4/ What it means: taxpayers will be paying more interest every year.
Debt charges are already set to rise from $55 billion → $76 billion by 2030 — more than Ottawa spends on health transfers. 😳
5/ When interest costs eat the budget, something gives — either:
✅ higher taxes
✅ fewer public services
✅ or more borrowing (and that means inflation risk later).
6/ The new “capital spending” push sounds visionary — roads, defence, green tech — but it locks in future bills that today’s students and newcomers will pay. 🧾
7/ If you’re planning to study, work or settle in Canada, watch what’s not said:
your taxes, rents, and job prospects all depend on how this quiet $170 billion borrowing gap plays out. 🇨🇦
8/ In short:
The story isn’t the $78 billion deficit.
It’s the $450 billion cash drain hiding behind it.
That’s the number that will shape Canada’s next decade. 📉
@StephenPunwasi@nationalpost@ronmortgageguy@CBCNews
#cdnpoli #Budget2025 #Canada #Economy #Debt
It’s weird to think back to Freeland resigning over a $65B deficit budget, which triggered Trudeau resigning, parliament being prorogued, an election, an upset and our new elbows up PM.
Who just blasted through that ceiling to a $78B deficit budget… 🇨🇦😳
Weird. There’s well over 400 shooters with over 1000 handguns in one location for a week straight at IPSC Nationals and the worst thing the medic dealt with was a skinned knee from a slippery stage.
Maybe it isn’t licensed owners doing this shit every day … 🇨🇦
Work on crime
Taken together, Stephen Harper-style conservatism represents a principled ideology that is firmly on the centre-right while still able to appeal to the centre and still moored in a coherent ethical framework.
For Canadian conservatives wondering about the future direction of the Conservative Party and conservative movement in this country, Harper's example - not Trump's - is what should be emulated. https://t.co/gwJU3EioQI
“We are going to be allocating capital predominantly in the U.S. until competitive projects in other jurisdictions present themselves that compel us to allocate capital elsewhere" 🇨🇦🆘
Canada blocks our own success.
Incredible that Plan B in Canada amounts to full blown communism of a type reminiscent of the Soviet Union and many developing countries including India where I'm from originally. It's like some Canadians are oblivious to the failures of nationalization and central planning.
July 20, 1969. “Contact light, engine stop.” The Apollo 11 lunar module Eagle touched down at Tranquility Base on the Moon.
A few hours later, Neil Armstrong and I stepped foot on the Moon, with Michael Collins orbiting close-by.
An achievement resulting from years of incalculable effort, commitment, and team work.
We all did our part to see President Kennedy’s words become reality: “We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win, and the others too.”
I couldn’t be prouder to have completed this mission with the hundreds of thousands of people that helped get us to the moon and back home. God bless the USA and all of humankind.
“The policy is in shambles, it lacks any operational common sense, there is no evidence of it contributing in any way to better public safety, stakeholders are opposed to the approach and the financial costs are spiralling out of control. This policy is begging to be abandoned by Prime Minister Carney’s government” 🇨🇦 #NoGunBan