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Federal government should listen to Canadians and restrain spending in upcoming budget

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From the Fraser Institute

By Grady Munro and Jake Fuss

The Trudeau government has repeatedly demonstrated a proclivity to increase spending and run deficits. Recent polling data shows that most Canadians are not in favour of this approach. When it tables its next budget on April 16, the government should listen to Canadians, restrain spending and provide a concrete plan to balance the budget.

The Trudeau government has increased spending substantially since taking office in 2015. When comparing the levels of inflation-adjusted, per-person program spending under every prime minister, Prime Minister Justin Trudeau has overseen the five-highest years of spending in the country’s history—even when COVID-related spending is excluded. Unsurprisingly, this proclivity to spend has resulted in eight consecutive deficits from 2015/16 to 2022/23, with another six planned from 2023/24 to 2028/29.

These eight years of borrowing have contributed to an $867.2 billion (or 82.0 per cent) increase in total gross government debt since 2014/15. Not only does this represent hundreds of billions that must be paid back by future generations, this debt run-up has also imposed significant costs on taxpayers through rising interest payments. In 2023/24, interest costs on federal government debt will reach a projected $46.5 billion—meaning more taxpayer dollars will go towards servicing debt than child-care benefits ($31.2 billion).

Again, while the Trudeau government was originally elected on the promise of higher spending for infrastructure and temporary deficits, recent polling data shows that Canadians are not happy with this approach—62.9 per cent of Canadians want the Trudeau government to cut spending. Conversely, less than a quarter (24.6 per cent) of respondents want the government to continue as planned (8.7 per cent want further increases in spending).

Of the respondents that feel the government should cut spending, 60.1 per cent want to use the savings to repay debt while 39.9 per cent want tax cuts. Debt reduction or tax relief would be a welcome development. But how much would the federal government need to cut spending to be in a position to balance the budget in the near future?

A recent study shows the federal government could simply limit the growth in annual program spending to 0.3 per cent for two years and balance the budget by 2026/27. In other words, the government could grow annual program spending by $2.9 billion from 2024/25 to 2026/27 and still balance the budget.

This is not to say the government wouldn’t face tough decisions in determining how to limit spending growth, and which areas of spending to target, but there’s a clear path to budget balance if the government wants to respect the wishes of most Canadians. And there are clear areas of spending where savings could be found.

For example, corporate welfare (i.e. government subsidies to businesses). Federal business subsidies nearly doubled from $6.5 billion in 2019 to $11.2 billion in 2022, yet research shows that they do little to promote economic growth and may actually harm the economy. Reducing or eliminating corporate welfare would help restrain overall spending.

After nearly a decade of growing spending and continuous deficits, Canadians have expressed a desire for the federal government to finally change its approach to fiscal policy. Through restrained spending there’s a clear path to a balanced budget that brings opportunities for debt reduction or tax relief—a path the Trudeau government can choose in its upcoming budget.

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Trump eyes ‘reciprocal’ trade deals over flat fee tariffs

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From The Center Square

By 

“We’re going to have tariffs, mostly reciprocal tariffs … probably reciprocal tariffs where a country pays so much or charges us so much and we do the same, so very reciprocal because I think that’s the only fair way to do it. That way no one is hurt. They charge us, we charge them”

President Donald Trump said Friday he was considering reciprocal trade deals with countries rather than flat fee tariffs on imported goods from other countries.

Trump touted tariffs throughout his campaign and during his inauguration said tariff revenue would make the U.S. “rich as hell.” He also said that tariff revenue would lower the tax burden on American taxpayers.

On Friday, the president said he would announce reciprocal trade agreements next week with multiple countries. His remarks came during a news conference with Japan Prime Minister Shigeru Ishiba.

“The United States will be conducting trade with all countries based on the principle of fairness and reciprocity,” Trump said.

The president said that chronic trade deficits undermine the U.S. economy.

“We’re going to have tariffs, mostly reciprocal tariffs … probably reciprocal tariffs where a country pays so much or charges us so much and we do the same, so very reciprocal because I think that’s the only fair way to do it. That way no one is hurt. They charge us, we charge them,” Trump said.

Trump said the reciprocal trade deals seem to be the path forward rather than flat fee tariffs. He said he would be announcing trade deals as early as Monday or Tuesday.

On Feb. 1, Trump hit Mexico and Canada with 25% tariffs and levied an additional 10% tariff on China. Two days later, Trump suspended tariffs on the U.S. neighbors for 30 days after reaching preliminary deals with both Mexico and Canada. The leaders of both neighboring countries promised to strengthen border security. China responded with limited tariffs on U.S. goods and filed a complaint about Trump’s unilateral trade move with the World Trade Organization.

Most economists have panned Trump’s tariff plans. On Thursday, S&P Global, a credit-rating agency, reported the potential effects of Trump’s tariffs were “overwhelmingly negative.” S&P analysts said the tariffs could slow gross domestic product growth, boost unemployment and inflation. It noted that “the effects on the U.S. are smaller than for trading partners.” Gross domestic product, or GDP, is a measure of economic output. S&P noted the uncertainty around Trump’s tariff plans creates problems for businesses and U.S. families.

“Uncertainty around the path of U.S. policy and its objectives is high, and confidence bands around our forecasts are correspondingly wide,” according to the S&P report. “Moreover, the ongoing deal-making mode of the new administration risks complicating long-term decision making by both firms and households.”

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Trump’s dismantling of USAID is his biggest blow against the Deep State yet

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From LifeSiteNews

By Frank Wright

Elon Musk’s DOGE has shut down USAID, immediately ceasing U.S. government funding of NGOs backing digital tyranny, mass migration, the ‘LGBTQ’ agenda, abortion – and a host of ‘regime change’ operations.

Donald Trump’s new administration has begun to dismantle globalist network funding of the policies of social revolution across the West – and beyond. With the revelations on the shuttering of USAID, Americans now know whose money is behind the Deep State: theirs. 

Trump’s war on the Deep State has shocked the establishment. Elon Musk’s DOGE has shut down  USAID, immediately ceasing U.S. government funding of NGOs backing digital tyranny, mass migration, the “LGBTQ” agenda, abortion – and a host of “regime change” operations including the funding of the origins of COVID-19 and the impeachment of Donald Trump himself.  

These projects, and many more, were all paid for with U.S. taxpayer’s money through USAID. 

This Deep State network of finance, influence and the subversion of democracy in the U.S., Britain, Europe and beyond remained unchanged in every election – until this one.  

USAID, The U.S. Agency for International Development, “disbursed over 72 billion dollars last year,” according to a Newsweek report in October 2024, which described the now-defunct agency as “by far the world’s largest provider of humanitarian aid.” 

So where is this “aid” going? 

 

… and what sort of “humanitarian” projects has it been aiding? 

“USAID is notorious for funding the most horrifying projects known to mankind,” as Mike Benz explains.   

USAID’s “humanitarian” work included funding and directing the template for global digital governance in Ukraine, with its DIIA app, and funding the World Economic Forum which promotes the same agenda:  

Its humanitarian efforts extended to sponsoring anti-Catholic propaganda in Ireland: 

 

As Glenn Beck has pointed out, USAID was a major sponsor of abortion:  

Here is a picture of ISIS terrorists in Syria in a USAID tent:

USAID was also funding “globalist propaganda” on the U.K.’s state broadcaster:

Independent journalist Michael Shellenberger reported, “From 2004-2022, USAID was the largest U.S. government funder of EcoHealth Alliance, the group that funded the Wuhan Institute of Virology (WIV), which likely started the COVID pandemic.” 

 

USAID sought to undermine and overthrow traditional and conservative national governments in Eastern Europe – and replace them with liberal-globalist ones:  

 

Dmitry Arestovich, the former right-hand man to Ukraine’s Volodymyr Zelensky, now says USAID pressured the Ukrainian President into the war: 

 

USAID funded “sterilization projects” in Peru: 

 

And as LifeSiteNews reported in December 2024, USAID pressured African nations to change pro-life laws and promote mass abortions, but that did not stop Fr. James Martin from bewailing its demise. 

 

USAID also paid “race rioters” to engage in violent protests in Africa: 

 

At home, USAID sponsored the prosecution of U.S. citizens by “Soros-funded prosecutors”:

 

…and, as former Trump State Department staffer Mike Benz also asks, “Why did USAID pay $20 million to hit piece journalists to dig up dirt on Rudy Giuliani and use that dirt as the basis to impeach the sitting U.S. President in 2019?” 

 

USAID was also giving “millions of dollars to Bill Kristol,” arch-neocon and founder of the permanent war “Project for a New American Century.”

 

The populist leader of El Salvador Nayib Bukele summed up the happy ending for the world that is the end of USAID.  

“Most governments don’t want USAID funds flowing into their countries because they understand where much of that money actually ends up. While marketed as support for development, democracy, and human rights, the majority of these funds are funneled into opposition groups, NGOs with political agendas, and destabilizing movements.” 

He explained how only “maybe 10% of the money reaches real projects that help people in need,” adding that “there are such cases” – but the remaining ninety percent, he says, “It is used to fuel dissent, finance protests, and undermine administrations that refuse to align with the globalist agenda. Cutting this so-called aid isn’t just beneficial for the United States; it’s also a big win for the rest of the world.” 

Donald Trump’s war on the Deep State has just begun. It is not merely concerned with saving America, but his “common sense revolution” is a cure for a world made sick by a global network of death, deception and digital tyranny. He is uprooting the hidden international system which has promoted “LGBT, open borders and war” – as Hungary’s Viktor Orbán defined the values of the former regime. 

This has been described as a “counter-revolution” by Archbishop Carlo Maria Viganò, who says these are serious moves against the “Deep State… and its mirror image, the Deep Church.”

With a serious campaign underway to destroy the business model of the globalist system it is hard to see how the rainbow “church” of Fr. James Martin can survive its isolation in a world without the patronage, propaganda and power of a corrupt Deep State and its globalist networks. 

And the revolution does not stop with USAID. With moves to “purge” the FBI, audit the U.S. Treasury and all the agencies of the U.S. government, Musk’s Department of Government Efficiency is set to undertake a thorough cleanup of the White House and all it commands.  

You might say the swamp is being drained. 

However you frame it, what is happening here has never been seen in our lifetimes.  

The secret state which directed politics and policy in the West despite elections is being exposed, defunded and shut down. We may not only have meaningful elections in future, but a Western society free of the propaganda of social revolution whose toxic “new values” had one thing in mind: the replacement of Christian civilization with a global government no one could ever escape.  

Finally, after decades of destruction by design, things have really changed. For good. 

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