When the history of the COVID-19 pandemic is written, it should include a chapter about how Prime Minister Justin Trudeau engineered “The Great Reset” of the role government plays in our lives, without even bringing in a budget.
How it wasn’t done in secret, but out in the open.
How Trudeau announced hundreds of billions of dollars in new government spending that transformed Canada into a permanent, deficit-ridden, nanny state, not in Parliament — but at the bottom of the stairs to his house.
How Finance Minister Chrystia Freeland, while describing the challenge facing Canadians as a combination of Second World War and the Great Depression, delivered a vague “economic update” about it on Monday— details to come.
Other than that this year’s deficit will be almost $400 billion, with the government ready to spend up to $100 billion more over the next three years on a hoped-for economic recovery starting this spring, assuming the vaccines work.
Flashback: Our finance minister — and her husband — needed her dad to cosign her mortgage.
Her BA is in Russian lit and history. Her MA is in Slavonic studies. She worked as a journalist stringer in Ukraine, and afterwards in London and Moscow. Then to the Globe and Mail and Reuters. Her major publication was a book called “Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else”, a 2013 bestseller. Then she ran for Parliament.
h/t Jojodogfacedboy
Carry on and hope you die a peaceful death.
Why should the government wish us a peaceful demise?
This deficit of 400 billion is Treason———I hope I’m wrong but this will affect our children and Grandchildren for their entire lives!!! How to make the Canadian economy worthless! And our Journalists are basically ignoring what is happening!!!
I disagree.
The Libranos libranoed and the Canadian Media drove the getaway car!
Will the children walk out of classes to protest government largess and demand prudent long term fiscal planning?
Is anyone even trying to talk to kids and teenagers about this stuff? “Hey Greta Pigtails, on the day you born you owed $50K to cover 150 years of accumulated government waste. Here’s a calculator to run through 2% compounded interest (the Bank of Canada’s target inflation rate) on that number so you can guess what you owe at 25 or 50. And here’s why your starter home 1000 sq ft condo is going to cost the fat end of half million. With that and your student loans you’ll be indebted until you’re 60. If you’re lucky. And if we don’t arbitrary change the rules to close your employer, destroy domestic industry, depress wages and make it crushingly expensive to heat your home or launder your clothes.”
Not to worry.
Your caring and compassionate guvamint will paint the country green with it’s enviro measures program and then you won’t have to heat your 1000 sq foot condo.
Bank the savings for your retirement.
I hadn’t considered it, but that’s exactly how it would play out. In a Let-Them-Eat-Cake moment heaters would be outlawed and there’d be no fuel or juice to run them at any price -even if you planned ahead. Exactly what’s being executed to end affordable and useful private transportation.
They took out loans in your name and didn’t tell you about it.. Seem legal!!.. By the way, when did we start working for these a-holes?
Your not even close to the ballpark of Trudeau and Freeland spending…
https://www.blacklocks.ca/raised-roof-on-debt-ceiling/
Try 2 Trillion, Canadian Indebted Dollars.
The $400 B is the current annual deficit.
The $ 2 T is accumulated debt.
Enslaving the masses isn’t as cheap as it used to be.
Disgusting to read and see, even more disgusting that team UN Globalism ‘journalists’ and the Conservative party have let this happen. Shame.
There’s nothing the Libservatives could have done. With the help of their socialist comrades, the Fiberals have a potential 4 year dictatorship in our parliamentary system.
Canaderp is Soros’ grand experiment. Up next, Modern Monetary Theory as a fiscal model, of not already implemented by this borrowing madness.
The only thing that could stop this is if Trump succeeds in keeping the presidency. Biden’s lollipop neo-cons also want to go MMT, therefore, it won’t affect each other’s economy.
But if Trump succeeds, he has a whole different plan for the US financial system (going back to the gold standard?) which would kill the value of our dollar, of Justin and his band of idiots continue their fiscal insanity.
Trump wins, convert some of your assets to gold, and hold on.
DanBC:
Trump let the debt run bigly and bawled out the Fed everytime it suggested a tiny bump up in the interest rate. He is a fiscal LIBERAL. He came by this honestly as a builder. Builders love zero bound rates.
What conservative party?
When Justin Trudeau finally makes it to Brussels and gets the top job as head of the first ONE WORLD GOVERNMENT he’ll provide for us because he always provides. No worries, he’ll continue on with his big wealth redistribution plans. We might get a few crumbs back after he cleans us out. Keep the faith. /s
This current Canadian government has adopted Modern Monetary Theory and added steroids. There is absolutely NO constraint on government spending. And add in a mega dose of abject stupidity. No, that is too kind – there is evil afoot here. It will come to a very bad end.
And I have nothing but contempt and disgust for the public sector. “All in it together, my a….” A retired teacher told me that since they had a fat (my words) public pension these past few months haven’t affected them at all. NO concern for their children and grand-children. Despicable.
A retired teacher told me that since they had a fat (my words) public pension these past few months haven’t affected them at all.
That’s why none of the unions have ever objected to the dictatorship. The members have a big fat union pension to look forward to, so why jeopardize it by protesting?
Someone should really tell them that those pensions are as solid as the Liberal math and promises they are based on.
Yup. I remember what happened with the old Massey-Ferguson about 40 years ago.
As I recall, the senior, and well-paid, management told the retired workers, “Tough luck. There’s not enough money in the pension plan for all of you.” That went over well.
Similarly, at the place where I used to teach, which I’ve called Armpit College, something similar happened many years ago. A number of long-time staff accepted a buy-out offer, but, once they left and found out that it wasn’t as generous as they were led to believe, a few lawyers made a bit of cash out of the subsequent lawsuits.
Trickle up Poverty. Catch the fever!!!
This happened because there are lots of journalists just like lorrie Goldstein out there. Mr. Global warming is real.
Death of the nation and subjugation of its masses is on you and your media comrades shoulders lorrie.
Ward..What the hell are you blathering about???????…..Steve O
I suppose Trudeau has a motive, I’m just not insane enough to comprehend it.
Absolute control over everyone and a never-ending grip on power?
One point to consider is that while those that know that the idiot doesn’t know anything of common value, really does not know what day of the month it is, he was voted in with enough people being taken by the free money and free stuff and that as somebody already mentioned he is a dicktator (sic) for four years or so.
Can anybody even imagine how much damage this idiot with his idiot helpers can inflict on the working people of this country?
I would submit it is immeasurable.
That a number of generations are going to have to bail out a bankrupt country is not of his concern, one doubts that he is concerned about five years from now.
Not his problem.
Its problem of those that voted for the idiot.
Its problem for those that voted for someone else, though one can sense that the results would be only a few degrees of separation.
There is no politician in this country that has enough guts and stamina to change the course. Just looks south, how hard it is to run a government that the support bureaucracy is opposing every step of the way.
A very good start to change the numbers will be to cut and I mean cut the pay of every damn useless civil servant, federal, provincial, municipal by 10% tomorrow.
Not gonna happen.
End of story.
ACM, “Absolute control over everyone and a never ending grip on power.
if only it was that simple!
There is a hierarchy to the new world order. The extremely wealthy, such as the Rothchilds, the Rockerfellers, the Schiffs, the royal families, and the rest of the Davos elites, are all members of the WEF, (World Economic Forum) Their obscene wealth is way beyond People like Soros. These ultra rich want to pursue their lifestyle without consequence, to continue their depravity of all kinds of evil that most of us can’t even imagine. Sexual deviancy and slavery, kiddie porn, extreme hunting, what ever you can dream up, they are in a word, EVIL!
Klaus Schwab created the WEF to bring together the worlds rich on an annual basis to “guide” the planet’s direction. Soros, is their strategy and policy director. People like Bill Gates, Jeff Bezos, Mark Zuckerberg, the laurentian elite, and so on, are rated under Soros on the hierarchy scale. Bezos is not the worlds richest man, he might be the richest person we know of,, but his wealth is smaller in comparison to the Davos set, and we never get to know what their net worth is. The wealthy underlings of Soros, are the one percent wealthy of the world, yet the Davos group, are the one percent of the one percent, who hold most of the worlds wealth, and want to rule the world as “they” see fit. There are too many little people that are using up the planets resources, and need to be culled enough to ensure the Davos set can continue their lifestyle and the lifestyles of their descendants into the future. This is the reality behind the climate change demands, and the great reset. I don’t know if the Wuflu was released deliberately by them or the Chinese Commies, or even if the Chinese and the Davos set are in cahoots together or not, there is a Biden connection there though, but the Davos/WEF group intends to take advantage of it any way they can. The groups below the one percenters, are not all in on it, and to some extent are just their useful idiots doing their bidding. Either for massive paydays, or those that are in on it, are doing it to be on the list well off survivors when the culling starts. I believe that Trudeau and Morneau, the Laurentians, etc, are part of that latter group, as well as the Hollywood elites and the Democrat elites as well.
From their perspective, it’s all about them, we simply don’t matter in their grand scheme. The movement of labor and poorer peoples to richer countries is part of the scheme to keep costs down on a global scale, because when you follow the money far enough and deep enough, you find that “trickle up” all the way to the top, through companies and corporations to boards of directors to shareholders and on up to the top. The small businesses of the west don’t matter, Mom and Pops even selling {“essentials” are not allowed to open, they want them to go broke, and only the larger corporations can keep selling stuff. So cheaper labor affects their bottom line by billions. Their money is also what is funding the Antifa and BLM riots as well, the Climate activists, the Sierra clubs, true useful idiots. All funded by lefty type groups like Tides, which in turn are funded by Soros, but not Soros money, Davos money.
The reason for them, and use of them, is to get the Democrats back in to power, to kill the first and second amendments and disarm the US citizenry. Trump is in the way, and Trudeau introduced his gun ban plans before the choice was made to use (misuse) the Wuflu to advantage. Trudeau thought he had until 2024 to get it all the guns in Canada. Simply put, you cannot control an armed population if they don’t wish to be controlled. The Davos set need to disarm us to gain control of us. There a lot more, and it goes deep, and the stuff we see is only the surface. The Wuflu is no worse or better than the flu, but is being channeled to good use by these evil people.
Wear your mask, behave, do as you are told, all to see how compliant we are.
Digital currency is next, as that is another control of all people aspect. They’ll even begin that with giving us “Free” money to hook us in. Once Fiat currency is “removed”, when you can only buy food and stuff via an electronic account, you better stay in line because if you don’t, your account will be frozen, and you won’t even be able to buy food. JMHO but an opinion thought about long and hard.
Disagree? What do you think it’s all being done for? Lay out an alternative that covers all the bases, and more, mentioned above. No I don’t have much proof, if I did, I would be a problem and be disposed quietly and quickly!
The lesson for next time. Don’t put the country into a trillion in debt and protect the old and sick people who are almost exclusively the ones who die. Average age of death from Woohoofloo – 82?? Give me an effing break. Protect the old and sick and send the Chinese the bill.
Astounding isn’t it, that after 8 months of this WooHoo Flu, that it governments and health “authorities” haven’t learned a fucking thing when it comes to the Elderly Care Homes.
That dizzy Dr Bonnie, who everyone grovels over to kiss her toes, has done nothing in this regard. With BCs current outbreak, the new round of deaths are in the Old Homes.
These people are attention whores for the cameras, including that insufferable wet noodle Adrian Dix. But the NDP are so kind, and the people’s party, ad nauseum…..
The Turd misremembered and misspelled. It it not The Great Reset. It is actually The Great Repeat.
viz. Romania 1989 =====> Canada 2021
Why don’t we bring the Romanians over here?
They’ll know what to do come Christmas Day.
What I’m going to write is obviously rather bad.
It would seem to me that there are agencies of the government that don’t mind at all for old people to die.
Less pension payout, less old age security payout, less healthcare payouts, less worry how to care for them.
I mean from the politicians and bureaucrats perspective, what’s not to like?
So when do we get 666 stamped on our wrists?
Lower….bend over…
It’s going to be really painful…
And no kiss.
We should have bets on who croaks from freezing…
Obviously our government getting rid of us.
This extremely funny show on seniors problems.
Still Game on Netflix.
You’ve just given me an idea of what to put on a mask.
12 short months ago PM Dickspank was all subdued because he lost his majority and a small reason for that was because of his profligate debt spending. Now he’s some type of fucking hero having increased spending by 20 TIMES!
I take issue with one item in that column.
That cottage doesn’t belong to anyone other than Mrs Windsor.
Why she doesn’t have the squatter evicted expeditiously is beyond me.
I hate to give credit to the Globe and Mail, but the front page, above the fold is an excellent graphic representation of how F’d we are.
Should be cut out and put on every fridge in the country.
You forgot one “How”, Lorrie:
How the many degradations of Canada’s democratic institutions were aided and abetted by a completely nutless and gutless Opposition.
To be fair, any half intelligent opposition has to know that Canadians have their back like Liberals hate taxes.
They don’t.
Chickens are roosting.
Canadian Stupidity is entering the painful stage.
I’m just Carly Simon giddy with anticipation.
I would suggest that the ‘opposition’ would not change a thing, it would only be that they had the power to screw the willing population rather than the other useless political human waste.
The spending is out of control, but Trudeau operates under a combination of not caring and not understanding. Singh wants even more. O’toole has no spine to say a word about it.
We are likely way past the point of having the international lenders walk away, and there is not nearly enough domestic supply of capital to fund it. That leaves the central bank as the only fallback.
Brace for some wild price inflation and stellar declines in the value of our dollar.
It is already chiseled in stone.
Great Leader Kim Sung Trudeau emerged from his Rideau Palace to appear before his loyal, drooling media. From the door steps he explained how wonderful he is, and how he is going to spend lots of money on indians, blacks, and global warming scams to redesign Canada in his image. And of course he trashed the former Harper government. Now he spends the day doing radio interviews on how wonderful he is. Meanwhile Blackie’s CBC reports that the public health agency in B.C. sure knows how to look after itself during the China virus outbreak. Millions spent on faulty masks from China. Millions spent on renovations and refurbishments for executive offices. This includes construction so that executives have a better view of the Vancouver skyline. And catered meals from the most expensive eating establishments. The NDP care about the little people, but are entitled to their entitlements.
Trudope and his ilk are communist traitors.
The turd and freelund are both sucking on Soros.
The top RCMP and media are bought and paid for brown shirts.
Soros is going to make a pile of money when our dollar finally colapses.
Disgusting bastards all.
Too many Kanuckistanian sheeple in S. Ontario and Quebec only hear “free stuff”.
The rest of us, whose vote doesn’t count, get to pay for it.
Freeland was a disaster for Reuters. She mismanaged the budget. Her credentials are specious. Not qualified.
Her manufactured manner of speaking. Hesitant, pausing, carefully choosing every word in an attempt to appear thoughtful is telling. She she is out of her depth and she knows it. She is being very cautious in crafting her reputation. She has erected a Potemkin village around her reputation. It’s all fake. Smoke, mirrors, talking points – nothing of substance.
She owes everything to the Bong. She is his handmaiden. Doing his bidding, without thought or challenge.
We’re going Argentina…at best.
Late-stage democracy and late-stage fiat currency.
Prepare accordingly.
I stand by my first post because we ain’t goin nowhere.
guardrails the budget on a country that has been off the rails for decades. and overly so the past five years
I would say her qualifications are perfectly suited to those of her boss, His Majesty Sock Puppet the First. He has a lit degree and one in play acting as a nations leader and when he eventually writes his life story it will be one of life as a privileged elite who had others pay his bills.
Even when Canadians have the facts. They ignore them and continue on as if nothing bad will happen to them. After all they have been told and do believe that they have free healthcare and are far superior to Americans. They can chant the Mantra of the Molson’s Beer Commercials perfectly, all puffed up with pride. “I AM CANADIAN” Yes you are and you have the brains of a day old donkey.
In 2014 under the gas bag Harper, Canada had a total public debt accumulated since PET of 4.1T dollars. Harper sold off the last of Canada’s Physical Gold Reserves. Beginning with PET and ending with Harper Canada’s 1000 Metric Tonnes of gold was sold off mostly at 250/oz. Chretien and Martin stole 54B from the workers of Canada’s UI Fund. All supposedly held in trust by Ottawa.
And still Canada voted for more. JUstin racked the debt as of this spring to another 1.2T dollars bringing the total to over 5 Trillion.
Ask yourself what comes next? Any guesses?
They won’t declare a banking holiday will they?
We are not like Germany were it will take a wheel barrow of Loonies to buy a loaf of bread will it?
Keep Chanting “I AM CANADIAN” on the Canadian Ship of Fools.
https://www.freshdaily.ca/news/2020/07/canada-economic-update-deficit-343-billion-record-debt-1-trillion/
https://torontosun.com/2014/04/11/all-levels-of-canadian-government-debt-total-41-trillion
https://www.cbc.ca/news/business/gold-canada-reserves-1.3443700
Thank God I have American citizenship. The only thing that gives me solace is that the new immigrants and the Liberals who voted for Prince Blackie , will have to pay for this.