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2025 Federal Election

Carney’s budget is worse than Trudeau’s

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5 minute read

By Gage Haubrich

Liberal Leader Mark Carney is planning to borrow more money than former prime minister Justin Trudeau.

That’s an odd plan for a former banker because the federal government is already spending more on debt interest payments than it spends on health-care transfers to the provinces.

Let’s take a deeper look at Carney’s plan.

Carney says that his government would “spend less, invest more.”

At first glance, that might sound better than the previous decade of massive deficits and increasing debt, but does that sound like a real change?

Because if you open a thesaurus, you’ll find that “spend” and “invest” are synonyms, they mean the same thing.

And Carney’s platform shows it. Carney plans to increase government spending by $130 billion. He plans to increase the federal debt by $225 billion over the next four years. That’s about $100 billion more than Trudeau was planning borrow over the same period, according to the most recent Fall Economic Statement.

Carney is planning to waste $5.6 billion more on debt interest charges than Trudeau. Interest charges already cost taxpayers more than $1 billion per week.

The platform claims that Carney will run a budget surplus in 2028, but that’s nonsense. Because once you include the $48 billion of spending in Carney’s “capital” budget, the tiny surplus disappears, and taxpayers are stuck with more debt.

And that’s despite planning to take even more money from Canadians in years ahead. Carney’s platform shows that his carbon tariff, another carbon tax on Canadians, will cost taxpayers $500 million.

The bottom line is that government spending, no matter what pile it is put into, is just government spending. And when the government spends too much, that means it must borrow more money, and taxpayers have to pay the interest payments on that irresponsible borrowing.

Canadians don’t even believe that Carney can follow through on his watered-down plan. A majority of Canadians are skeptical that Carney will balance the operational budget in three years, according to Leger polling.

All Carney’s plan means for Canadians is more borrowing and higher debt. And taxpayers can’t afford anymore debt.

When the Liberals were first elected the debt was $616 billion. It’s projected to reach almost $1.3 trillion by the end of the year, that means the debt has more than doubled in the last decade.

Every single Canadian’s individual share of the federal debt averages about $30,000.

Interest charges on the debt are costing taxpayers $53.7 billion this year. That’s more than the government takes in GST from Canadians. That means every time you go to the grocery store, fill up your car with gas, or buy almost anything else, all that federal sales tax you pay isn’t being used for anything but paying for the government’s poor financial decisions.

Creative accounting is not the solution to get the government’s fiscal house in order. It’s spending cuts. And Carney even says this.

“The federal government has been spending too much,” said Carney. He then went on to acknowledge the huge spending growth of the government over the last decade and the ballooning of the federal bureaucracy. A serious plan to balance the budget and pay down debt includes cutting spending and slashing bureaucracy.

But the Conservatives aren’t off the hook here either. Conservative Leader Pierre Poilievre has said that he will balance the budget “as soon as possible,” but hasn’t told taxpayers when that is.

More debt today means higher taxes tomorrow. That’s because every dollar borrowed by the federal government must be paid back plus interest. Any party that says it wants to make life more affordable also needs a plan to start paying back the debt.

Taxpayers need a government that will commit to balancing the budget for real and start paying back debt, not one that is continuing to pile on debt and waste billions on interest charges.

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2025 Federal Election

Liberals edge closer to majority as judicial recount flips another Ontario seat

Published on

From LifeSiteNews

By Clare Marie Merkowsky

The Liberal Party is two seats away from a majority government after a recount flipped an Ontario riding in its favor, marking the second riding to switch to the Liberals post-election.

The chances of a Liberal Party majority government are increasing after another judicial recount flipped a riding.

On May 16, a judicial recount switched the southern Ontario riding of Milton East-Halton Hills South to a Liberal victory with a 21-vote difference between the Liberal and Conservative parties.

“Just before midnight, an official recount confirmed the outcome of the race in our riding of Milton East-Halton Hills South,” Liberal Kristina Tesser Derksen celebrated on X.

“It is a profound honour to be elected as your MP,” she continued.

 

On election night in April, the riding had been called for the Conservative Party, which previously took the riding with a narrow lead. However, a judicial recount is automatically ordered when the top two candidates are separated by less than 0.1 percent of the valid votes cast.

According to election laws, the ballots must be recounted in the presence of a provincial or territorial Superior Court judge.

The riding is the second to flip in the Liberal’s favour after post-election recounts. Earlier this month, the Quebec riding of Terrebonne flipped to the Liberals, beating the Bloc Québécois by one vote.

There are two remaining judicial recounts in Canada. One is the Newfoundland and Labrador riding of Terra Nova-The Peninsulas, where the Liberal candidate won by 12 votes.

Currently, the Liberal Party, led by Prime Minister Mark Carney, holds 170 seats in Parliament, two away from a majority government. The Conservatives hold 143 seats, the Bloc Québécois 22, the NDP seven and the Green Party one.

Under Carney, the Liberals are expected to continue much of what they did under former Prime Minister Justin Trudeau, including the party’s zealous push in favor of euthanasia, radical gender ideologyinternet regulation and so-called “climate change” policies. Indeed, Carney, like Trudeau, seems to have extensive ties to both China and the globalist World Economic Forum, connections that were brought up routinely by conservatives in the lead-up to the election.

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2025 Federal Election

Judicial recounts could hand Mark Carney’s Liberals a near-majority government

Published on

From LifeSiteNews

By Anthony Murdoch

Three official federal recounts are underway in ridings and the Liberal Party could gain one more seat, leaving it just one short of establishing a majority government.

Three judicial recounts are underway in Canadian federal ridings from the April 28 federal election, the outcomes of which could mean Prime Minister Mark Carney’s Liberals possibly securing a majority government if he gets help from the New Democratic Party.

A recent recount in the Quebec riding of Terrebonne saw the Liberals win by one vote over the Bloc Québécois, the closest election call since 1963.

There is a recount underway in the Terra Nova-The Peninsulas riding in Newfoundland and Labrador that the Liberals won by just 12 votes on election night.

In another riding, in Milton East-Halton Hills South, Ontario, a recount is taking place after the Liberals won by only 29 votes.

In the riding of Windsor-Tecumseh-Lakeshore, Ontario, a recount is occurring after the Conservatives won the riding by 77 votes.

Should the Liberals manage to hold onto and flip another riding in their favor, they would be ever closer to forming a majority government.

Carney was elected Prime Minister after his party won a minority government. Carney beat out Conservative rival Pierre Poilievre, who lost his seat. The Conservatives managed to pick up over 20 new seats, however, and Poilievre has vowed to stay on as party leader for now before running in a by-election.

As reported by LifeSiteNews, the interim leader of Canada’s far-left New Democratic Party (NDP) has claimed the Liberal Party is contacting its MPs to find out whether they want to cross the floor to help secure a majority government under Carney.

The Liberals have 170 seats, just two shy of a majority. The NDP has seven seats, which is 12 short of official party status. Former NDP leader Jagmeet Singh resigned after losing his seat in the April election.

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