September 14, 2015

Trudeau refuses to accept news that Canada finished last fiscal year in surplus

Brian LilleyArchive

The Liberals have spent months telling us that Canada is in deficit.

That it is all Stephen Harper's fault.

Well it turns out they are wrong.

Watch as I bring you Liberals in their own words, their reaction to the news and a good dose of the truth.


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commented 2015-09-16 10:52:22 -0400
Every day Trudeau proves to Canada and the world that he is indeed an idiot. Yet people vote for, support, and defend him. What does that say about his supporters?
commented 2015-09-16 10:46:49 -0400
Why would Trudeau accept the surplus? It would mean he has been lying to the faithful.
commented 2015-09-16 10:44:58 -0400
Dave McMillan there is also good debt and bad debt. Good debt is used to help the economy grow while bad debt draws it down. Debt when used wisely can be a good tool.
commented 2015-09-16 10:40:33 -0400
Moron Brinkman if you promise to stop spamming I will. Meet with him. I promise you asshole.
commented 2015-09-16 10:39:42 -0400
Dave McMillan, The “debt” is the accumulation of money owed (to ourselves in the form of bonds and treasury bills) since confederation in 1867. The “deficit” is the shortfall in tax revenue to cover this year’s budgeted expenditures. Often the surplus in revenues collected gets applied to the principal of the debt, but this is only done when that would not adversely effect interest rates or the exchange value of the dollar….otherwise it is carried forward and factored into next fiscal year’s budget.

Where the comparison of national debt to a credit card is misleading is in that Canada is not indebted to a bank….other than the one it owns…The Bank of Canada.

Greece, on th other hand, is indebeted to foreign banks.

The indicator of wether or not a sound balance is being maintained is the percentage of the annual budget that goes toward paying the interest on the debt and the prevailing rate of interest.

If any large portion of the principal of the debt were to be paid down suddenly from a windfall the results could actually be catastrophic to an economy….I know that sounds counter intuitive……but the debt is owed mostly to Canadian bond holders in things like pension plans …as well as to Canadian Banks in the form of cash flow instruments called Treasury Bills.

Richard Brinkman……a colleague of mine in the men’s rights movement a few months ago walked from Hamilton to Queen’s Park and staged a hunger strike to protest that not one dollar was allotted to men and their children who seek emergency sheer from their abusive spouses….he was ignored.

What makes your pet causes more nobel pray tell.
commented 2015-09-16 09:43:53 -0400
While Canada enjoys it’s surplus one Alberta Oil Sands Worker continues his protest and hunger strike in front of Workers Compensation Board WCB in Edmonton – The Wildrose Party Leader has not met with Milan as promised, The NDP Minister responsible for labour has not contacted Milan as promised by Rachel Notley – In this YouTube Milan has reached out to the Media party including our friend The Rebel’s Ezra Levant… Milan has not heard from Ezra Levant either. YouTube: One Injured Alberta Oil Sands Worker – asks Please Help!

A few blocks away from the one protesting oil sands worker last Sunday hundreds of Albertans protested in front of the Alberta Legislature over job losses in the Oil Patch – They too have called on the media party and Ezra Levant for help – YouTube Albertans Rally Against the NDP Government posted at
commented 2015-09-16 07:15:12 -0400
Harper has cannon fodder for the debate. Give the left loonies all barrels. Harper 4 more years.
commented 2015-09-16 00:25:03 -0400
Dave: There’s a difference between the debt and deficit. The deficit is yearly spending. A balanced deficit will only marginally affect the debt depending on how the surplus is spent.
commented 2015-09-15 23:13:31 -0400
Canada is in debt a trillion dollars, give or take a couple billion dollars.
How in the heck can there be a surplus?
commented 2015-09-15 22:10:52 -0400
The left want to make the economy an issue, but what they fail to mention is that it’s a global economy which the left have been attacking in 50% of the rest of the world. Which would be the EU for the last fifteen years, and the US foe about the seven, not counting the cause which led up to 2008 which they in the US were responsible for as well. Even though they’ve tried to blame it all on Bush. Which really had it’s roots in the community reinvestment act under Cater.
commented 2015-09-15 21:52:45 -0400
Our economy and therefore deficit, is what we are told it is. The so called leadership is irrelevant.

commented 2015-09-15 21:41:22 -0400
Furthermore as a 25 year veteran of working at Veterans Affairs I will say that the Harper regime has been the most attentive to the current issues of the clientele….has been the most generous in “benefit of the doubt” …and has been the most prompt in addressing concerns and controversies .

The party that has the worst record for screwing both veterans and the employees of Veterans Affairs has been the Liberals….hands down.

Jimmy de Silva….Richard Brinkman…..Justin Trudeau for that matter.

I will meet you at my local legion….repeat those words……offer a toast as challenge and turn my glass upside down on the table in the presence of whatever group of veterans you wish ……..

Bring it on.
commented 2015-09-15 21:16:33 -0400
The “cuts to Veteran’s Affairs” were cuts in cost to program delivery….not cuts in funding to the veterans and their surviving widows……..the obituary section of the news cuts those costs daily and at the normal rate of mortality in that age group.
commented 2015-09-15 18:49:38 -0400
Liberals and NPD prey on the low information voter. It’s always been that way and always will. The mass media that you like to call the media party has created an air of dislike for our PM. Simply pushing for a protest vote…here’s hoping the left split the vote.
commented 2015-09-15 18:00:59 -0400
<a href=“”;sp=88b0c4789c07cb6b5ecfd70b3e3787ca">;sp=88b0c4789c07cb6b5ecfd70b3e3787ca">I am Justin’s brain</a>
commented 2015-09-15 16:11:44 -0400
This must be a record for Justin. He put his foot in his mouth 4 times in a few minutes. 1) claiming we are in a deficit, 2) cut to veteran affairs, 3) cut to aboriginal affairs and 4) cut to seniors. All of which are lies. And the MSM will cover for him.
commented 2015-09-15 16:06:09 -0400
George said, “I’m now certain that Suzuki will actively campaign to have Justin (or his handlers) imprisoned for wilful blindness.”

Ahh, George, you’re funny! Justin in a Liberal, so he’ll get a pass from Suzuki, and the CBC, and CTV, and Global, and TorStar, and … … Now if a Conservative said that, then … well, you get the idea.
commented 2015-09-15 15:45:19 -0400
Eileen; A great article, thank you for posting the link. I do so much enjoy seeing liars exposed by taking their lies apart line by line. I’m now certain that Suzuki will actively campaign to have Justin (or his handlers) imprisoned for wilful blindness.
commented 2015-09-15 15:38:22 -0400
I think voters are smarter than what most people think. Now we will start talking about the economy. Probably the most important subject. Voters will see the ignorance of the left and put Harper in with a majority.
commented 2015-09-15 14:56:05 -0400
If voters don’t care for the fiscal stability of the Conservatives and crave change, they can vote for fiscal instability by choosing the Liberals, NDP or the Greens.
commented 2015-09-15 14:03:11 -0400
In light of ADAM RULE’s comment, feel I should add a note to GEORGE DYER’s comments about sociopathy: The studies show that POLITICS attracts sociopaths…not just Liberal, Green, Red or NDP politicians. The ‘system’ attracts sociopaths…the ‘system’ is the problem, and with respect, I don’t care what Winston Churchill said about it.
The experiment of the Constitutional Republic of America was the first of it’s kind and a winner – until the sociopaths penetrated and permeated the ‘system’ and began dismantling and destroying it…like every other ‘system’
There’s only one answer I’ve ever heard that is an answer to the problem – and it appears to be barrellin’ down the pike right at us…
commented 2015-09-15 12:52:56 -0400
Richard Brinkman,
How can you believe Mulcair when he says he will balance the budget. Look at recent past NDP governments. Look at Greece. I say our debt will balloon with Mulcair. When it comes to our economy and finances. No one comes close to Mr. Harper. Numbers like what George Dyer has shown are impossibilities with the oppositions.
Let’s see how the CBC is going to spin their reports on the next debate.
commented 2015-09-15 11:59:50 -0400
A sociopath is typically defined as someone who lies incessantly to get their way and does so with little concern for others. A sociopath is often goal-oriented (i.e., lying is focused—it is done to get one’s way). Sociopaths have little regard or respect for the rights and feelings of others. Sociopaths are often charming and charismatic, but they use their talented social skills in manipulative and self-centered ways.

Poor Justin. Initially his blatant disregard for the truth was limited to snide innuendo and the sneaky twisting of phrases designed to influence the weak-minded and gullible left. Now this statement from him, a flat out denial of facts, reveals that he has a much more disturbing problem.

We should demonstrate to him that, although he’s a flaming ass with a disturbing problem, conservatives are a compassionate lot. Lets start a crowdfunding campaign for him that will enable him to get the counselling and special therapy that he so desperately needs.

Just to add with respect to the surplus announcement, Monday’s report also showed the federal debt as a percentage of Gross Domestic Product dropped to 31 per cent in 2014-15, down from 32.3 per cent the year before. The report says it is now at less than half of its post-Second World War peak of 67.1 per cent in 1996.
commented 2015-09-15 10:57:26 -0400
To Justin and the rest of the Liberals reality is only what they want it to be. Trudeau’s reality check just bounced at the brain bank.
commented 2015-09-15 10:28:43 -0400
The Liberals are in a state of Denial. I wonder who the Imam is, who writes Justin’s script? The Endepee’s will soon be joining the Band Wagon, they go to the same Mosque. The real problem will start as soon as the Media Party puts their Spin on it.
commented 2015-09-15 09:25:49 -0400
This is the left way of conversation, say what you believe and ignore the facts. You see this all the time, people on the left have a very hard time believing in facts especially when it goes against their agenda.
commented 2015-09-15 08:03:47 -0400
Adam Rule
Taxpayers are used as collateral in order to borrow more money. In fact, even future taxpayers are used that way. I learned about this many years ago.
See for yourself,
Very interesting & eye opening.