If anyone is wondering why GDP was climbing during the pandemic when businesses were shutting down and entire sectors such as the travel industry ground to a halt, here’s your answer. There was a lot of vote buying to be done, and now we can’t even determine whose vote was bought.
Hogan’s team found that $4.6 billion of overpayments were made to ineligible recipients of benefits for individuals. Another $27.4 billion of payments to individuals and employers should be investigated further, the report said, calling it “the minimum amount that should be investigated.”
The post-payment verification process has just started — CRA said it has recouped $2.3 billion — even though the legislation means the agency has just three years after payment was made to verify eligibility…
But the auditor is skeptical about the chances of recovering the bulk of the money owed.
Typical Liberal move. Back the money truck up to a cliff and then tell all your friends which cliff and when you’ll be dumping.
And $6 million went to incarcerated individuals.
$1.2 million went to deceased individuals.
https://nationalpost.com/news/politics/auditor-general-27-billion-suspicious-covid-payments
All good little toadies were all to happy $$$ to do what they were told.. They LOVE the idea of masking up so they can do it all again..
Free money, what’s not to like?.. The damage done to our health, finances and reputation is incalculable..
Canada was already hollowed out by the boomers.. Trudeau finished us off.. Every last penny spent to buy votes..
What about the unaccounted Trillions just recently announced quietly…
As for this…
There was a lot of vote buying to be done, and now we can’t even determine whose vote was bought.
Bu//sh1t…
GDP went up because government spending went up, never mind if that government spending did anything good.
and the $1.2 million that went to the dead, and $6 million that went to the incarcerated, pales in comparison to the millions that went to “Friends of Justin” like Bayliss Medical, and SNC Lavellin
Mugabe taught these “Dear Leaders” all they need to know.
Never let a crisis go to waste?
For every little panic,represents a glorious opportunity to loot.
Kleptocracy for the win.
All these idiotic number demonstrate,is that GDP is a meaningless metric.
For government can “increase GDP” by burning towns to the ground and then rebuilding them.
Everybody loses wealth,but Gross Domestic Product is increased.
And the methods also lie.
All spending by the parasitic overload is a direct loss to the productive.
Hence spending by government is a negative value on real GDP..
However ‘real GDP’ is not being discussed here.
Forward! Faster! Harder!.
Disaster is always good for the GDP.
A billion here, a trillion there….. pretty soon you’re talking real money.