59 Replies to “New Governor, Same As The Old Governor”

  2. As the federal #Libranos continue on their Liberal ways, this further emboldens the separation drive in Alberta and Saskatchewan. At this moment I’m having difficulty seeing the downside here. Sure, people in the eastern provinces will go hungry as the debt piles up and all the GST paid goes to interest payments, but the upside remains in next year’s referendum to leave this dumpster fire.

    Thanks Canada, it’s been fun sometimes.

    I suppose the NDP will support this? Hey it’s not like it’s above $100 Billion, yet…

    1. The NDP doesn’t even have a leader and no funds to fight an election and everyone in Ottawa knows this.
      If they were going to vote against it their temp leader would have been out in the lobby saying so before Bubbles got half way through his speech.

  3. Weepy, hysterical, bimbo Jennie gets to spend only about $81 billion on tampons and sensitivity training for the military.

    1. Remember Tickle me Elmo? Well this Christmas Canadian parents will be lining up for G I Jennie. Comes with tampon dispenser and safe space. Pull her string, and she wails: “Whites are trash – men are meanies” Pull it a second time, she cries.

      PLA batteries included.

    2. She done good apologizing for racisms, even cried so she must be rewarded. Must be nice though having immunity to criticisim by the media by virtue of DEI.

  5. Perspective check:
    The New York Mass Transit Authority (MTA) is currently sitting on a $47 Billion deficit. AND, last June they announced a $64 Billion upgrade to the current infrastructure. So, the MTA of a single city in the US will have a deficit of nearly twice the Country of Canada.

    1. Deficit or debt?

      The transit authority has a $19.88 billion operating budget.
      It also has a $68 capital budget for the next five (2025-2029).

    2. And … just like Canada … the MTA will FREE!! under MADammi … well, maybe ‘white’ people will have to pay. So what happens to that deficit after the new Mayor makes everything FREE FREE FREE!!

      Yeah … mountains of skulls … as always.

  6. Another 79 Billion dollars stolen from future generations.
    Carney invested heavily in hookers and blow.
    The West has to separate, nobody in eastern Canada has ever even heard of economics.

    2. I’m old enough to remember when Quebec wanted to separate, everybody wanted them to pay their share of the debt

      1. A small price to pay. Might even be worth writing off what the ROC owes us for CPP and EI contributions.

        Not that it’ll ever happen, of course.

          1. Canadian army has 103 Leopard 2 tanks
            Canadian army has 120 Generals
            Canada could invade with a military of generals only! and that they all must have French competency they’d easily be able to read the street signs to get wherever Quebec keeps their gold!

          2. Well, they can’t, and if you run the math out on CPP, EI, and transfers, after Alberta’s chunk of the debt is included, Canada would still owe AB a ruinous amount of money. Still, if I had to, I’d take that deal to put an international border around AB. Although I really think SK has a better chance of seceding than us. We’re too polluted with economic migrants with ties to other places. If it does come to a vote I’d bet 80% vote to stay in Canada. Ironically, the 80% worst nightmare is joining the USA, and that’s almost a certainty when Canada crashes and burns.

  8. Typical Librano check:
    The New York MTA currently has a deficit of 3 billion. NO idea where that figure came from but may be confusing debt and deficit, unsurprising as Librano’s are innumerate. Further perspective. The state of New York has a larger economy than the country of Canada, as do other states such as California, and Texas.
    There is no financial comparison with the US that you can make that makes Canada look like anything other than the failing, broke, socialist shithole that it is. Try comparing it to peer broke socialist shitholes like Australia or the UK.
    Our richest province is poorer than Mississippi, FFS.

    1. Well … all those newcomers shitting in your lakes aren’t gonna pay for themselves. Pay up, native Canadians!!

      1. The comparison that matters, moron, is sovereign debt. In Canada’s case, you have to include provincial debts because Canada is the ultimate and only issuing authority guaranteeing the debt.
        From StatsCan: At March 31, 2024, the total gross debt of all levels of government is $3.2 trillion: $2.1 trillion federal debt and $1.1 trillion provincial debt. We are paying interest of approximately $70 billion annually: $47 billion on the federal debt, and $23 billion on provincial debt.
        Total debt 3.2 Trillion. Us vs Canadian economy 14 X. 3.2 trillion X 14 = 44.8. Attempts to make our fiscal situation appear better than the US will fail because it isn’t. Canada is a failed, broke, socialist shithole.
        In addition, the US economy is growing, ours is not, and has not for 10 years. Over that timeframe, the US has grown by 30%.

        1. Peter
          Please provide total gross debt of the US (federal and state).

          And I love the excuse “but the economy is is growing so we can handle more debt.”

          Every time the economy grows politicians borrow more money, which “grows” the economy, and the process continues….

          1. Joe, the states are constitutionally prevented from running deficits and accumulating debt. Municipalities may, but so do Canadian municipalities.

          2. You sort of refuted your own point, Canada borrowed like crazy from 2015-2025, but the economy didn’t grow.

        2. In 2015 US federal debt was 18.1 T
          while GDP was 18.3 T

          In 2025 US federal debt is 38 T while GDP is 30.5 T

          In 10 years the US economy grew 66% but the debt more than doubled. Is this sustainable?

          1. In 2015 Canadian federal debt was 613 billion. In 2025 it is 2.1 Trillion. In ten years the economy grew by SFA, while the debt grew by 340%. I repeat, no comparison with the US will make Canada look like anything other than the failed, broke, socialist shithole that it is.

        3. Peter

          The US is borrowing much faster than its economy is growing. If you think that’s okay, good on ya.

          1. Set up your straw men somewhere else. in no case have I condoned the Us fiscal profligacy. I have only pointed out that Canada is in MUCH worse shape, mainly due to the trajectory of the last decade. If Canada borrows at all it is borrowing faster than it’s economy is growing, and it just laid out a fiscal path with 300+ Billion in new debt, the good news is not all that will be incurred, because this failed, broke, chickenshit, socialist shithole will not survive that long.

          1. Joe, Joe, Joe … we spilled our own blood for oil. You suggest that’s a bad idea … just because your nation has gone full-on Net Zero?

          2. Kenji

            The US had lots of oil. You didn’t need to fight anywhere for it.

            Vietnam didn’t have any oil worth fighting for.

          3. Joe – we were defending the French against the falling dominos of communism in Vietnam. Now we have not only withdrawn (awkwardly) … but we have completely capitulated to communism. Invited it to invade NYC

  9. I think pretty much every Western country’s treasuries are being looted like no other time ever. I think these criminals realize that total fiscal collapse is on the horizon, and so they’re confiscating as much of it as they can before it all comes crashing down. I’ve thought this for a while now and Tim Pool mentioned the same a couple months back.

    1. Money
      It’s a gas
      Grab that cash with both hands and make a stash

      New car, caviar, four star, daydream
      Think I’ll buy me a football team

      Yeah … the Marxists and the Chamber of Commerce cheap laborists … are grabbing all they can

  10. $40 million for the “Ecojugend” – suicidally depressed youths who will wander about lecturing old white people about their carbon footprint.

  11. I counted just shy of $1.5 trillion in spending against $60 billion savings announced in the budget.

    1. cling to your loved ones and pray….but get with your inner stoic.
      we are merely just now entering the gates wherein we are instructed to abandon all hope.
      or….?
      anyone?

  12. Typical Canadian: “I want the Government to DO something!”
    And that’s why the smell of shit gets worse everyday.

  13. “Canada has the lowest net debt-to-GDP ratio in the G7 at 13.3 per cent according to the IMF October 2025 Fiscal Monitor. ”

    they keep using that measure of “Net Debt”, while ignoring that some of the things they count can’t be used to pay down the debt, like the CPP fund and EI Fund.

  14. ” To ensure that Canadian multinational insurers do not avoid tax on their Canadian insurance business by operating through a foreign subsidiary, Budget 2025 proposes to amend the Income Tax Act to clarify that income derived from assets held by a foreign affiliate of a Canadian insurance company that support Canadian insurance risks is taxable in Canada.”

    Good News everyone, your insurance is going up to pay for this tax change.

  15. “The federal government imposes a tax on subject vehicles and subject aircraft with a value above $100,000 and subject vessels (e.g., boats) with a value above $250,000. The luxury tax is equal to the lesser of 10 per cent of the total value of the subject item and 20 per cent of the value above the relevant threshold. The tax is generally imposed on sales, importations, leases, and certain improvements of subject vehicles, subject aircraft, and subject vessels.”

    Rich people get their vehicles and vessels for cheaper, largely because collecting this managed to cost more than it brought in.

    1. Rich people don’t actually buy those luxury goods outright. They set up a leasing company owned by a numbered company and offer the product for lease, then write off the acquisition cost, expense of operations including the luxury tax as business expense. Then use it at will.
      Same with everything they own. Nothing is in their name.

  17. while the focus seems to be on the deficit and debt, lets not forget overall spending. PM Harper’s last budget (2015-2016) was for $273.6 Billion more or less balanced. Ten years later, Carney’s is $581 Billion with $80 Billion in added deficit – ignoring the inevitable cost overruns. Revenue (tax on the economy) has increased by over $225 Billion annually while the overall debt has gone from $612 Billion to $1.62 Trillion
    Tell me how our politicians earned their pensions?

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