October 21, 2016

Canada’s economy slows down, Trudeau’s deficits go up

Brian LilleyArchive

Do you remember during the election Trudeau promised just three years of $10K deficits? Stephen Harper mocked his small, little deficits and warned that they would likely get a lot bigger.

By the time their first budget rolled around, it wasn’t $30B over three years but $30B in one year. And now even that’s going up as Canada’s economy slows down.

Faced with the prospect of lower than expected growth, the one thing the Liberals aren’t talking about doing is curbing government spending.

Justin Trudeau needs a new plan but he’s so attached to spending your money, he just isn’t capable of changing course.

As the U.S. economy slows, as China’s economy slows, the only thing that isn’t slowing down, is the size of Trudeau’s deficit.

Watch as I explain what this means to us long term knowing that the Liberal attitude is, “it’s not working, so let’s do more of it”.

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commented 2016-10-29 05:27:45 -0400
In a real world of dedicated individuals, the leader is chosen on their proven abilities. In Canada, the land of the born loser, the leader was picked on his hair. His campaign was riddled with foolish flaws so why is anyone surprised. The majority, which has a track record of being more wrong then right, chose nothing more than the most inexperienced person to be P. M. in the history of this nation. Our priorities have been misguided for the last 5 decades and will continue to be misguided until the entire system implodes. Only then will the average Canadian, that being the majority, recognized the importance of a country staying focused on building itself to be stronger in all ways especially financially.
commented 2016-10-26 12:34:45 -0400
Sean the budget will balance itself right?It is nuts like you and Jay that support the Liberals.So why did his first wack at stimulus not work,because most just exited the country.I said before the election that the deficits would be much larger than they said.But don’t worry the carbon tax will solve this problem.Only the money won’t be return to us.
But anyone you talk to says don’t talk politics,because the truth hurts.
commented 2016-10-23 15:22:22 -0400
Not to worry. Lieberals will always be entitled to their entitlements with PM Butts at the helm. Deficit and Debt notwithstanding!
commented 2016-10-22 12:50:27 -0400
Who in their right mind could support this guy’s agenda?
The only people I personally know who support him, do not and I repeat do not spend 15 seconds a day discerning political stories and facts.
Anything that takes longer than a Twitter message is not in their interest.
Ask a grade five student if $7 dollars in their bank account is better than owing $30 dollars to someone.
Tell your kids they can’t pursue their dreams cause mom and dad who are struggling to make ends meet, are saddled with ridiculously high electricity rates caused by decisions of politicians who can’t garner 11% acceptance of voters, and simply dont have enough dough to go around.
Wynne, Trudeau and Notely and their voters bought the big lie.
commented 2016-10-22 11:50:07 -0400
Harper left leaving a $7.5 billion surplus. Baby Doc Trudeau has given us a $30+ billion deficit in additional borrowing. He has also given away billions of Canadian dollars to other governments and causes – money we borrowed just to give away.

But remember, “Budgets balance themselves.” Born with a gold spoon in his mouth, living off tax shelter numbered trust funds, Baby Doc has no idea of people needing money to live, or what borrowing means. This is the man who said that small businesses are the plaything of rich people.

He is lucky. 39% of Canadians were about as bright as he is. Only way he could get elected.
commented 2016-10-22 09:41:24 -0400
Governments do not generate wealth and cannot spend the people rich. The governments of Alberta, Ontario and Canada are living proof of these two simple concepts. To add insult to injury these governments are now engaged in a radical agenda propagated by enviromental activists within these goverments. The inevitable economic meltdown is on it’s way.
commented 2016-10-22 01:17:05 -0400
Charles….don’t ask the leftist regressive fucktards such difficult questions.
commented 2016-10-22 01:15:27 -0400
Charles….that is a rhetorical question, correct? LOL sarcasm intended
commented 2016-10-22 00:11:34 -0400
Seriously… do you liberal loving retards think that taxing carbon will actually reduce emissions and benefit the economy?

Are you fucking idiots even remotely aware that countries like India, China and Mexico do not have these added costs?? These countries are more than happy to take the jobs that Canada will shed once the man-child peice of shit forces his carbon tax on a country who’s economy is dominated by energy and manufacturing!
commented 2016-10-21 23:41:21 -0400
I can still here the left wing sheep crying about Harpers deficits when he had a minority and could not do much sensible action, now those same fools who claimed Justin would do so much better are silent and pouting because we knew they were full of it.
commented 2016-10-21 21:43:46 -0400
Removed for violating rule:Avoid excessive profanity.
commented 2016-10-21 20:59:52 -0400
commented 2016-10-21 20:50:12 -0400
Who voted for this idiot? Seriously?

The current Canadian PM is a direct reflection of the sheer and utter ignorance and stupidity of the average Canadian!!!
I am perplexed at how many people are still praising this obvious traitor!!!

Canadas economy is in the toilet. Manufacturing and energy are by far the two largest portions of Canada’s GDP.
Yet, Trudeau, in his infinite wisdom as a drama teaching, snow board instructor, is forcing a national carbon tax that will only further exasperate the current economic crisis and send Canada into an even deeper recession!
commented 2016-10-21 20:36:44 -0400
My granddaugter is the most beautiful thing on earth. Her future…don’t know. The libs are trashing the whole future
Hey Gerald, take a hike, what a loser.
Little patato,how does it work for you when one of the major powers give you a little potatoes nickname

So appropriate
commented 2016-10-21 20:29:01 -0400
Wynne is still blaming Harris for the problems caused by the Liberals over 13 years. Notley is blaming Klein, dead three years and out of power for ten, for the disaster she created. Why would Baby Doc and his cabinet eunuch nominally in charge of finance not blame Harper for the last year’s mismanagement? Hell, it is amazing Baby Doc is not blaming the fruits of his incompetence on Mulroney.
commented 2016-10-21 20:23:22 -0400
30B? Almost exactly the amount the east spends on Blood Oil from sharia nations… I know math is hard for “progressives”, but eventually even they might twig on the simple solution… Naw… Who am I kidding?
commented 2016-10-21 20:03:33 -0400
IT — WIT is going to make our country a poverty stricken nation, and eventually taken over by our enemies
commented 2016-10-21 19:53:46 -0400
An unfortunate consequence of being the government in power – when shit happens you wear it – Steven Harper isn’t there to blame.
commented 2016-10-21 19:43:51 -0400
At what point does the bank of Canada say “No more”?
commented 2016-10-21 19:35:08 -0400
MK ultra at it’s finest