Ottawa depending on economic blue skies to balance the budget

It’s time for Ottawa politicians to take deficits seriously again

Ottawa depending on economic blue skies to balance the budgetThere’s finally some good news for taxpayers: Instead of balancing the budget in 2070, the Parliamentary Budget Officer’s numbers now show Canadians can look forward to a balanced budget in only … wait for it … 20 years. Last year the Canadians Taxpayers Federation used PBO data to show the feds wouldn’t balance the budget…

Growth in federal employment is unsustainable

The only options left for Canadians are a tax revolt, voting out the government, or a job working for the feds

Growth in federal employment is unsustainableWhy work for yourself when taxpayers can pay you instead? In the past seven years, more Manitobans than ever have chosen the job security and benefits of federal employment, while the self-employed have begun to vanish. Statistics Canada snapshots show the most stunning growth of total salaries in one category of worker: federal government public…

Canada’s peak government is leading to reckless spending

Canadians must rediscover the need to link government spending with revenues

Canada’s peak government is leading to reckless spendingThe rapid expansion of government in Canada over the past decade produced an unintended experiment in the role of the state in our lives. The pandemic in particular liberated governments to expand programs, spending and interventions in a manner unprecedented outside of wartime. As Canadians get a front-row look at life in a society defined…

Brian Pallister’s Manitoba legacy. Smaller government

He scaled back the public service. Will his successor be able to maintain that momentum?

Brian Pallister’s Manitoba legacy. Smaller governmentFormer Manitoba premier Brian Pallister might best be remembered as the Grinch who stole the 2020 Christmas, forbidding citizens from in-person shopping and gathering for the holiday. However, he has another legacy, more like the Canadian Tire Christmas commercials that said, “Give like Santa, save like Scrooge.” Pallister was both Santa and Scrooge by restraining…

Bank of Canada doesn’t deserve its bonuses and pay raises

The Bank has one job: to keep inflation around two per cent. It failed

Bank of Canada doesn’t deserve its bonuses and pay raisesIt feels odd to explain this basic principle, but apparently, it’s not obvious to everyone: bonuses and pay raises are for doing a good job. While the Bank of Canada was sowing the seeds of today’s high inflation during the early days of the pandemic, it was also padding its employees’ pockets with bonuses and…

Summertime and inflation ain’t easy

Controlling inflation with interest rates can work, but at a terrible cost

Summertime and inflation ain’t easySummer heat isn’t the only thing making Canadians sweat this summer; abnormally high inflation and rising interest rates are putting the heat on many Canadians. We’ve gone from 0 per cent inflation in August 2020 to 8.1 per cent in June 2022. That’s really fast. The last time we saw anything like it was 1970-73…

Nothing prudent about Trudeau government’s budgeting

The Trudeau government needs to rein in the years of overspending, set a concrete timeline, and plan to balance the budget

Nothing prudent about Trudeau government’s budgetingThere’s great irony in Finance Minister Chrystia Freeland touting the government’s “fiscal restraint” on the same day taxpayers find out that the governor general and her fellow passengers racked up an $80,000 bill on in-flight catering. “I know that my fiscal prudence surprised many,” said Freeland during her keynote address on affordability. “This fiscal restraint was…

Each Canadian owes $56,000 in government debt

We’re being bribed with our great-grandchildren’s money

Each Canadian owes $56,000 in government debtFifty-six thousand dollars. That’s the average amount each Canadian will owe in provincial and federal government debt by the end of the year. Much of this debt will likely be shovelled onto the backs of Canadians’ kids and grandkids. As columnist Chris Nelson warns, “we are no longer being bribed with our own money. We’re…

Ontario politicians plotting to double dip on the taxpayer dime

It’s time for taxpayers to get out of the political party welfare business

Ontario politicians plotting to double dip on the taxpayer dimeOntarians should listen for a giant sucking sound from Queen’s Park. Now that the election is over and MPPs know that they don’t have to directly answer to voters for another four years, you can bet that Ontario’s political parties will team up once again to funnel even more money from taxpayers’ wallets into party…

And the winner is: more stories of government waste

Canada is more than $1 trillion in debt. Maybe it’s time to stop wasting taxpayers’ money

And the winner is: more stories of government wasteBy Franco Terrazzano and Kris Sims How do you scare a polar bear? You don’t. They are apex predators and could eat you whenever they want. But that didn’t stop the government of Manitoba from spending $150,000 replacing diesel tundra buggies with whisper-quiet electric vehicles so tourists wouldn’t frighten the bears away. Too bad they…
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