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Parliamentary Budget Officer shows bigger hole in federal budget

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From the Canadian Taxpayers Federation

Author: Franco Terrazzano

The Canadian Taxpayers Federation is calling on the federal government to immediately cut spending following the Parliamentary Budget Officer’s report showing the deficit already way over budget.

“As bad as the budget was, the independent budget watchdog is showing that federal finances are in even worse shape,” said Franco Terrazzano, CTF Federal Director. “The Trudeau government continues to mismanage our finances and that means more money wasted on interest charges, higher cost of living and more debt that Canadians’ kids and grandkids will have to pay back.”

The PBO’s October 2023 Economic and Fiscal Outlook shows this year’s deficit is expected to increase to $46.5 billion. That’s up from Budget 2023’s projected deficit of $40.1 billion.

The federal debt is expected to surpass $1.2 trillion this year, according to the PBO. The debt-to-GDP ratio is increasing to 42.6 per cent, despite Finance Minister Chrystia Freeland saying, “We are absolutely determined that our debt-to-GDP ratio must continue to decline.”

“The feds have already blown through their budgeted deficit projection by more than $6 billion and we’re only halfway through the budget year,” Terrazzano said. “And the government’s been solemnly signalling the bond rating agencies that it would get the debt-to-GDP ratio going down, but the PBO shows it’s going up.”

Interest on federal government debt will cost taxpayers $46.4 billion this year.

In its last budget, the government said it would find “savings of $15.4 billion over the next five years.” However, the PBO report shows the government announced “$28.6 billion in (net) new spending over 2022-23 to 2027-28.”

“Interest charges on the government’s credit card will cost taxpayers almost $4 billion every single month,” Terrazzano said. “That’s billions of dollars every month that can’t go to fixing potholes or lowering taxes because it’s going to the bond fund managers on bay street.

“Prime Minister Justin Trudeau must put down the credit card and pick up some scissors.”

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The Truth Is Buried Under Sechelt’s Unproven Graves

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From the Frontier Centre for Public Policy

By Marco Navarro-Genie

Millions spent, no exhumations. What are we actually mourning?

From Aug. 15 to 17, 2025, the Canadian flag flew at half-mast above the British Columbia legislature. The stated reason: to honour the shíshálh Nation and mourn the alleged discovery of 81 unmarked graves of Indigenous children near the former St. Augustine’s Residential School in Sechelt.

But unlike genuine mourning, this display of grief lacked a body, a name or a single verifiable piece of evidence. As MLA Tara Armstrong rightly observed in her open letter to the Speaker, this symbolic act was “shameful”—a gesture unmoored from fact, driven by rumour, emotion and political inertia.

The flag was lowered in response to claims from University of Saskatchewan archaeologist Dr. Terry Clark. According to announcements from both 2023 and 2025, Dr. Clark “discovered” 81 unmarked graves using ground-penetrating radar—a tool that detects changes in soil, not bones. Its signals require interpretation—and in this case, the necessary context never arrived.

Even more concerning, there has been no release of names or records. Chief Lenora Joe of the shíshálh Nation said the names of the children are “well known” to Elders. Yet none have been made public: not a single missing child reported, no date of disappearance, no death certificate, not even a family willing to speak openly.

Instead, we’re being asked to accept deeply held recollections as conclusive proof—without corroborating evidence.

The original 40 anomalies—first announced in April 2023—appear to be located beneath the paved parking lot of the band’s administrative and cultural hub, the House of Hewhiwus complex. This land has been excavated before. At no point were any human remains discovered. As former Chief Warren Paull confirmed, “remains were never found” and the stories circulating then “don’t include burial at all.” The pattern of red dots in the band’s video—a tidy grid beneath the asphalt—looked less like sacred ground and more like a plumbing schematic.

The grief narrative, meanwhile, was presented with great care. Professionally produced videos showed solemn Elders, blurred radar images and mournful speeches—all designed to evoke emotion while discouraging inquiry. In one video, Chief Joe warned that asking questions would “cause trauma.”

But reconciliation doesn’t mean blind acceptance. Silencing questions isn’t healing—it risks turning reconciliation into a one-way narrative.

In a 2025 follow-up, Dr. Clark reported another 41 anomalies—this time likely in the community’s own cemetery on Sinku Drive. Brief footage confirms that GPR was conducted among existing gravesites, where decayed wooden markers would naturally result in “unmarked” burials. As Tara Armstrong noted, finding undocumented graves in or near a cemetery is about as surprising as spotting seagulls at a landfill.

Even so, political leaders continued to validate the narrative.

The B.C. government endorsed the claims with another round of symbolic mourning. In doing so, it lent the power of the state to what increasingly resembles collective fiction. Since 2021, similar claims across Canada have triggered government apologies, funding announcements and media headlines—often without physical evidence.

Residential schools were bureaucratic institutions. They kept meticulous enrolment and death logs. The Truth and Reconciliation Commission, with eight years of access to these archives, conducted more than 6,500 interviews and reviewed thousands of documents. It found no cases of children who disappeared without a trace. Despite this, $2.6 million in federal funds was spent in 2025 alone on the Sechelt investigation.

This isn’t reconciliation: it’s mythmaking dressed up as healing. Worse still, it undermines real tragedies by replacing verifiable history with folklore dressed up in government robes.

Governments should not promote unverified stories with ceremonial gestures. Flags lowered at half-mast should honour actual deaths, not narrative convenience. Public policy, especially around historical reckoning, must be rooted in fact, not feelings.

If reconciliation is to mean anything, it must be anchored in shared truth. And the truth is, we cannot mourn 81 phantom children because they almost certainly never existed.

Canadians must start insisting on evidence. The standard of proof should be no different here than in any serious allegation. The principle that underpins our justice system—innocent until proven guilty—must also guide our view of history.

State-sponsored guilt rituals disconnected from verifiable fact are not justice.

They are theatre.

And not even good theatre.

Marco Navarro-Genie is vice-president of research at the Frontier Centre for Public Policy and co-author, with Barry Cooper, of Canada’s COVID: The Story of a Pandemic Moral Panic (2023). With files from Nina Green.

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Ottawa’s so-called ‘Clean Fuel Standards’ cause more harm than good

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From the Fraser Institute

By Kenneth P. Green

To state the obvious, poorly-devised government policies can not only fail to provide benefits but can actually do more harm than good.

For example, the federal government’s so-called “Clean Fuel Regulations” (or CFRs) meant to promote the use of low-carbon emitting “biofuels” produced in Canada. The CFRs, which were enacted by the Trudeau government, went into effect in July 2023. The result? Higher domestic biofuel prices and increased dependence on the importation of biofuels from the United States.

Here’s how it works. The CFRs stipulate that commercial fuel producers (gasoline, diesel fuel) must use a certain share of “biofuels”—that is, ethanol, bio-diesel or similar non-fossil-fuel derived energetic chemicals in their final fuel product. Unfortunately, Canada’s biofuel producers are having trouble meeting this demand. According to a recent report, “Canada’s low carbon fuel industry is struggling,” which has led to an “influx of low-cost imports” into Canada, undermining the viability of domestic biofuel producers. As a result, “many biofuels projects—mostly renewable diesel and sustainable aviation fuel—have been paused or cancelled.”

Adding insult to injury, the CFRs are also economically costly to consumers. According to a 2023 report by the Parliamentary Budget Officer, “the cost to lower income households represents a larger share of their disposable income compared to higher income households. At the national level, in 2030, the cost of the Clean Fuel Regulations to households ranges from 0.62 per cent of disposable income (or $231) for lower income households to 0.35 per cent of disposable income (or $1,008) for higher income households.”

Moreover, “Relative to disposable income, the cost of the Clean Fuel Regulations to the average household in 2030 is the highest in Saskatchewan (0.87 per cent, or $1,117), Alberta (0.80 per cent, or $1,157) and Newfoundland and Labrador (0.80 per cent, or $850), reflecting the higher fossil fuel intensity of their economies. Meanwhile, relative to disposable income, the cost of the Clean Fuel Regulations to the average household in 2030 is the lowest in British Columbia (0.28 per cent, or $384).”

So, let’s review. A government mandate for the use of lower-carbon fuels has not only hurt fuel consumers, it has perversely driven sourcing of said lower-carbon fuels away from Canadian producers to lower-cost higher-volume U.S. producers. All this to the deficit of the Canadian economy, and the benefit of the American economy. That’s two perverse impacts in one piece of legislation.

Remember, the intended beneficiaries of most climate policies are usually portrayed as lower-income folks who will purportedly suffer the most from future climate change. The CFRs whack these people the hardest in their already-strained wallets. The CFRs were also—in theory—designed to stimulate Canada’s lower-carbon fuel industry to satisfy domestic demand by fuel producers. Instead, these producers are now looking to U.S. imports to comply with the CFRs, while Canadian lower-carbon fuel producers languish and fade away.

Poorly-devised government policies can do more harm than good. Clearly, Prime Minister Carney and his government should scrap these wrongheaded regulations and let gasoline and diesel producers produce fuel—responsibly, but as cheaply as possible—to meet market demand, for the benefit of Canadians and their families. A radical concept, I know.

Kenneth P. Green

Senior Fellow, Fraser Institute
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