Well, today is the Liberal/NDP Non-Coalition Coalition Budget Day!
- Thread starter Ron in Regina
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Seems to me when I brought my rental car back with 347 dents the hail stones were the size of golf balls .
Happened up near Ft. Nelson . Will see if I can find the pictures . Every panel had dents was a scary ride . About six inches deep on the highway nowhere to turn around or hide . Fortunately once we hit the hill it stopped . At the top of the hill going the other way we’re a group of cyclists heading into it . Have always worried about them .
The pounding noise was deafening , put on our sunglasses in case the windshield shattered . We stopped for a moose five or so miles down the road , they must have tough hides . My wife grabbed a handful off bottom of the windshield and yes they were the size of golf balls and hard as a rock . I am getting the shakes just thinking about it .
That was the trip from hell , forest fires everywhere .
The truth is we were headed into tough economic times regardless of who won the April 28 election. A major reason – which Prime Minister Mark Carney noted prior to the vote – was the polices of his predecessor, Justin Trudeau, whose decade-long government presided over the worst record of economic growth in Canada since the Great Depression…so we re-elected them…again?
That’s the situation the Carney government is facing, which also would have been the case if Pierre Poilievre and the Conservatives had won the election.
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What’s concerning is that having diagnosed the problems correctly, Carney seems to be following the path of the Trudeau (who Carney is not, he kept telling us) government, which he warned against leading up to the April 28 election.
Carney’s campaign platform, released on April 19, calls for $130 billion in new spending over the next four years, dramatically increasing federal deficits that had been projected by the previous Trudeau government in its fall economic statement last December.
Carney plans to run a deficit of $62.3 billion in this fiscal year, which started on April 1 and ends on March 31, 2026, compared to $42.2 billion by the previous Trudeau government.
In the 2026-27 fiscal year Carney’s projected deficit is $59.9 billion compared to Trudeau’s $31 billion, in 2027-28 $54.8 billion compared to $30.4 billion, and in 2028-29, $47.8 billion compared to $27.8 billion.
In total, Carney is projecting deficit spending of $224.8 billion over the next four years compared to $131.4 billion projected by the Trudeau government, an increase of 71%.
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No doubt the Trudeau government, had it survived, would have increased its deficit projections for the coming fiscal years, but the 71% increase over four years projected by the Carney government indicates that the new Liberal government will be following the same economic path as the previous one.
Doing the same thing over and over again expecting different results is the definition of insanity.
That’s the situation the Carney government is facing, which also would have been the case if Pierre Poilievre and the Conservatives had won the election.
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Carney’s campaign platform, released on April 19, calls for $130 billion in new spending over the next four years, dramatically increasing federal deficits that had been projected by the previous Trudeau government in its fall economic statement last December.
Carney plans to run a deficit of $62.3 billion in this fiscal year, which started on April 1 and ends on March 31, 2026, compared to $42.2 billion by the previous Trudeau government.
In the 2026-27 fiscal year Carney’s projected deficit is $59.9 billion compared to Trudeau’s $31 billion, in 2027-28 $54.8 billion compared to $30.4 billion, and in 2028-29, $47.8 billion compared to $27.8 billion.
In total, Carney is projecting deficit spending of $224.8 billion over the next four years compared to $131.4 billion projected by the Trudeau government, an increase of 71%.
GOLDSTEIN: Carney, like Trudeau, thinks big deficits are the answer to tough times — Toronto Sun
The Prime Minister seems to be following the path of his predecessor, which he warned against leading up to the April 28 election
Doing the same thing over and over again expecting different results is the definition of insanity.