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Opinion

Trudeau’s Winnipeg Whitewash – A Masterclass in Diversion and Disconnection

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12 minute read

From The Opposition with Dan Knight

As Canada grapples with soaring housing costs and a quality of life crisis, the Prime Minister’s narrative on immigration & multicultural success stories clashes with the lived realities of Canadians

As some of you enjoyed the comfort of Family Day, perhaps some of you noticed Justin Trudeau making the rounds in Winnipeg – (Justin Trudeau Fireside Chat at Winnipeg Chamber of Commerce – February 16, 2024), where he found quite the fan in Loren Remillard of the Winnipeg Chamber of Commerce. It seems Remillard was all too eager to extend a metaphorical hand, fishing for tax dollars to prop up their projects.

Oh, let’s dissect the masterful art of political deflection and diversion, shall we? Justin Trudeau, spun a narrative so disconnected from the reality Canadians live in, it’s almost an art form. He lauds Toronto and Vancouver as paragons of multicultural success, cities thriving under the weight of their diversity. But here’s the catch folks—the reality on the ground, as reported by Stats Canada, tells a story that’s anything but rosy for the residents of these supposed utopias.

When we turn our gaze to the real impact of his government’s immigration policies on the ground, the picture is starkly different. Toronto and Vancouver, the benchmarks of Trudeau’s immigration success story, are in fact cities where residents report a lower quality of life than their provincial counterparts. Why? Because amidst the fanfare of diversity and inclusion, the basic needs of the citizens—like feeling a sense of belonging, life satisfaction, and mental health—are being sidelined.

Let’s not forget the elephant in the room Trudeau casually mentioned—2 million temporary residents flooding into Canada. This isn’t just a number; it’s a tsunami of demand in addition to the Liberal 500k target per year of permanent resident hitting a housing market already gasping for air, driving rents and shelter costs to astronomical heights. And Trudeau’s response? A shrug of the shoulders and a diversion to talk about measures with Mexico or the plight of international students. While these issues merit attention, they dance around the core issue: a government more obsessed with its global image than the welfare of its citizens.

The audacity to claim that Toronto and Vancouver are thriving under his policies, while Stats Canada directly contradicts this with evidence of declining quality of life, is nothing short of political theater. It’s a sleight of hand designed to distract from the harsh reality—that his government’s approach to immigration and temporary residents is contributing to a crisis of affordability and well-being in our major cities.

But amidst the spectacle, Trudeau touched on a subject that should raise eyebrows across the nation: On how his government is using immigration as a tool to “grow the economy.” Now, let’s pause for a moment to digest that, shall we?

Diving deeper, a fascinating exchange caught my ear during a Finance Committee meeting FINA-124 -February 1, 2024, where Tiff Macklem of the Bank of Canada offered some candid insights. When prodded by Mr. Jasraj Singh Hallan, Macklem conceded that the government’s spending spree and the Bank’s efforts to stabilize our economy were essentially at loggerheads. Here we have the Trudeau administration, pushing fiscal policies that seem to sprint in the opposite direction of monetary sanity.

Macklem went on, outlining that yes, government spending is contributing to growth, but let’s be clear about the kind of growth we’re talking about here. It’s one that barely keeps pace with population increases, teetering on the edge of potential. And with government spending poised to climb even higher, we’re flirting dangerously close to exacerbating inflation, rather than reining it in.

Senior Deputy Governor Carolyn Rogers chimed in with a stark reminder of the housing market’s woes. Despite interest rate hikes, which traditionally cool down housing prices, Canada’s chronic housing shortage keeps prices stubbornly high. The result? A housing affordability crisis that’s squeezing Canadians tighter than ever, exacerbated by an immigration policy that is throwing fuel on the fire of demand without addressing the urgent need for supply.

This is the picture Trudeau’s policies paint for Canada: a nation where the cost of living climbs ever higher, where the dream of homeownership slips further away for the average citizen, and where economic growth strategies seem disconnected from the realities on the ground. It’s high time for a reality check, a moment to ask ourselves whether these policies truly serve the best interest of Canadians or merely the political agenda of those in power.

Indeed, the root of the issue is staring us right in the face—supply problems are driving costs through the roof. Yet, it seems as though there’s a conspiracy of silence in the House of Commons; no one dares to utter the truth that unchecked immigration is exacerbating these supply woes, sending shelter costs soaring. Let’s dive into the latest from Stats Canada to unravel the narrative everyone is thriving under Justin Trudeau.

First off, let’s talk about renters. According to this report, if you’re renting, your quality of life isn’t just on the lower rung; it’s plummeting. Renters are staggering under the weight of financial pressures unheard of for homeowners, feeling the pinch of record-low vacancy rates and rent hikes that would make your head spin. Over 15 percentage points more likely to struggle financially and over 11 points less likely to experience life satisfaction.

But the plot thickens when we look at the younger Canadians, those aged 15 to 54. They’re caught in a vise, with life satisfaction and mental health scores that trail behind their older counterparts. The dream of home ownership? A mirage for many, as they navigate a landscape where the very idea of paying off a mortgage seems like a relic of a bygone era. And let’s not even get started on the economic tightrope walked by residents of Toronto and Vancouver, cities where the cost of living soars as high as the skyscrapers dotting their skylines.

Now, Trudeau’s government might have you believe that policies are in place to bridge these divides, to bolster the quality of life for all Canadians. But let’s be real—the evidence suggests otherwise. With renters and younger generations buckling under financial strains and cities like Toronto and Vancouver becoming enclaves of the unaffordable, the narrative being spun by the current administration seems more fiction than fact.

Consider the financial strain laid bare by these statistics: a significant portion of Canadians are finding it increasingly difficult to meet their financial needs, with shelter costs consuming a lion’s share of their income.

In a landscape marked by disparities in quality of life we’re left with a pressing question: where does the path forward lie?

 

Let’s cut to the chase, folks. The latest 338 polling data isn’t just a blip on the political radar; it’s a resounding bell tolling for the end of the Liberals’ reign, inching closer to losing their official party status. Why, you might ask? It’s simple: Justin Trudeau’s legacy is one of profound ineptitude, a legacy that has systematically failed Canadians at every turn. When Trudeau touts his housing policies, claiming to increase rentals, remember the cold, hard facts from Stats Canada—he’s not building homes; he’s crafting a nation with a diminished quality of life. That’s the Trudeau vision for Canada.

And let’s not overlook the audacity of his actions—jetting off to Jamaica with a hefty $162,000 bill footed by you, the taxpayer. It seems Trudeau’s concern for your quality of life evaporates faster than a Liberal MP can devour lobster in Malaysia. Meanwhile, ordinary Canadians are left to scrounge at food banks. But hey, as long as the political elite get their fill, right?

SNC-Lavalin was just the beginning, the canary in the coal mine signaling the avalanche of corruption set to spill out from Trudeau’s government. WE Charity, the Trudeau Foundation, Chinese interference, ArriveScam… the list of scandals under Trudeau’s watch is as long as it is disgraceful. These aren’t mere footnotes in history; they’re the defining features of his tenure.

Remember the uproar over a $16 orange juice under Harper? That was considered the height of scandal, a benchmark of accountability. Fast forward to today, and this government can’t even spell ‘ethics,’ let alone practice it.

So, my fellow Canadians, as we look ahead to the next election, we’re presented with a golden opportunity—a chance to reset the narrative and send a clear message to the liberal elites that we’ve had enough of their disdain for the average citizen. I, for one, will be cheering on the red wedding of Canadian politics because the liberal standard is not just detrimental to your well-being; it’s an affront to all of Canada. It’s time to say enough is enough and reclaim the Canada we know and love—a Canada of integrity, accountability, and true north strong and free.

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Scott Bessent says U.S., Ukraine “ready to sign” rare earths deal

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MXM logo MxM News

Quick Hit:

During Wednesday’s Cabinet meeting, Treasury Secretary Scott Bessent said the U.S. is prepared to move forward with a minerals agreement with Ukraine. President Trump has framed the deal as a way to recover U.S. aid and establish an American presence to deter Russian threats.

Key Details:

  • Bessent confirmed during a Cabinet meeting that the U.S. is “ready to sign this afternoon,” even as Ukrainian officials introduced last-minute changes to the agreement. “We’re sure that they will reconsider that,” he added during the Cabinet discussion.

  • Ukrainian Economy Minister Yulia Svyrydenko was reportedly in Washington on Wednesday to iron out remaining details with American officials.

  • The deal is expected to outline a rare earth mineral partnership between Washington and Kyiv, with Ukrainian Armed Forces Lt. Denis Yaroslavsky calling it a potential turning point: “The minerals deal is the first step. Ukraine should sign it on an equal basis. Russia is afraid of this deal.”

Diving Deeper:

The United States is poised to sign a long-anticipated rare earth minerals agreement with Ukraine, Treasury Secretary Scott Bessent announced  during a Cabinet meeting on Wednesday. According to Bessent, Ukrainians introduced “last minute changes” late Tuesday night, complicating the final phase of negotiations. Still, he emphasized the U.S. remains prepared to move forward: “We’re sure that they will reconsider that, and we are ready to sign this afternoon.”

As first reported by Ukrainian media and confirmed by multiple Ukrainian officials, Economy Minister Yulia Svyrydenko is in Washington this week for the final stages of negotiations. “We are finalizing the last details with our American colleagues,” Ukrainian Prime Minister Denys Shmyhal told Telemarathon.

The deal follows months of complex talks that nearly collapsed earlier this year. In February, President Trump dispatched top officials, including Bessent, to meet with President Volodymyr Zelensky in Ukraine to hammer out terms. According to officials familiar with the matter, Trump grew frustrated when Kyiv initially refused U.S. conditions. Still, the two sides ultimately reached what Bessent described as an “improved” version of the deal by late February.

The effort nearly fell apart again during Zelensky’s February 28th visit to the White House, where a heated Oval Office exchange between the Ukrainian president, Trump, and Vice President JD Vance led to Zelensky being removed from the building and the deal left unsigned.

Despite those setbacks, the deal appears to be back on track. While no public text of the agreement has been released, the framework is expected to center on U.S.-Ukraine cooperation in extracting rare earth minerals—resources vital to modern manufacturing, electronics, and defense technologies.

President Trump has publicly defended the arrangement as a strategic and financial win for the United States. “We want something for our efforts beyond what you would think would be acceptable, and we said, ‘rare earth, they’re very good,’” he said during the Cabinet meeting. “It’s also good for them, because you’ll have an American presence at the site and the American presence will keep a lot of bad actors out of the country—or certainly out of the area where we’re doing the digging.”

Trump has emphasized that the deal would serve as a form of “security guarantee” for Ukraine, providing a stabilizing American footprint amid ongoing Russian aggression. He framed it as a tangible return on the billions in U.S. aid sent to Kyiv since the start of Russia’s 2022 invasion.

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New federal government plans to run larger deficits and borrow more money than predecessor’s plan

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Fr0m the Fraser Institute

By Jake Fuss and Grady Munro

The only difference, despite all the rhetoric regarding change and Prime Minister Carney’s criticism of the Trudeau government’s fiscal approach, is that the Carney government plans to run larger deficits and borrow more money.

As part of his successful election campaign, Prime Minister Mark Carney promised a “very different approach” to fiscal policy than that of the Trudeau government. But when you peel back the rhetoric and look at his plan for deficits and debt, things begin to look eerily similar—if not worse.

The Carney government’s “responsible” new approach is centered around the idea of “spending less” in order to “invest more.” The government plans to separate spending into two budgets: the operating budget (which appears to include bureaucrat salaries, cash transfers and benefits) and the capital budget (which includes any spending that “builds an asset”). The government plans to balance the operating budget by 2028/29 (meaning operating spending will be fully covered by revenues) while funding the capital budget through borrowing.

Aside from the fact that this clearly complicates federal finances, this “very different” approach to spending actually represents more of the same by continuing to pursue endless borrowing and a larger role for the government in the economy.

The chart below compares projected annual federal budget balances for the next four years, from both the 2024 Fall Economic Statement (FES)—the Trudeau government’s last fiscal update—and the 2025 Liberal Party platform. Importantly, deficits from the 2025 platform show the overall budget balance including both operating and capital spending.

Let’s start with the similarities.

In its final fiscal update last fall, the Trudeau government planned to borrow tens of billions of dollars each year to fund annual spending, with no end in sight. Based on its election platform, the Carney government also plans to run multi-billion-dollar deficits each year with no plan to balance the overall budget. The only difference, despite all the rhetoric regarding change and Prime Minister Carney’s criticism of the Trudeau government’s fiscal approach, is that the Carney government plans to run larger deficits and borrow more money.

In the current fiscal year (2025/26) the Trudeau government had planned to run a $42.2 billion deficit. The Carney government now plans to increase that deficit to $62.3 billion. Trudeau’s most recent fiscal plan forecasted annual deficits from 2025/26 to 2028/29 representing a cumulative $131.4 billion in federal government borrowing. Over that same period, the Carney government now plans to borrow a cumulative $224.8 billion.

The Carney government’s fiscal plan does include a number of tax changes that are expected to lower revenues in years to come—including (but not limited to) a personal income tax cut, the elimination of the GST for some first-time homebuyers, and the cancelling of the planned capital gains tax hike. But even if you exclude these factors from the overall budget, the Carney government still plans to borrow $52.9 billion more than the Trudeau government had planned over the next four years.

By continuing (if not worsening) this same approach of endless borrowing and rising debt, the Carney government will impose real costs on Canadians. Indeed, 16-year-olds can already expect to pay an additional $29,663 in personal income taxes over their lifetime as a result of debt accumulation under the previous federal government, before accounting for the promised increases.

One of the key promises made by Prime Minister Carney is that his government will take a different approach to fiscal policy than his predecessor. While we won’t know for certain until the new government releases its first budget, it appears this approach will continue the same costly habits of endless borrowing and rising debt.

Jake Fuss

Director, Fiscal Studies, Fraser Institute

Grady Munro

Policy Analyst, Fraser Institute

 

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