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Fiscal update shows spending up, deficit up, taxes up

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From the Canadian Taxpayers Federation

By Franco Terrazzano

The Canadian Taxpayers Federation is calling on the federal government to rein in spending and cut taxes following the release of the 2023 fiscal update.

“This is the first time this government is starting to recognize reality, but spending is still billions higher than last year and the deficit is bigger,” said Franco Terrazzano, CTF Federal Director. “This budget update proves the government must cut spending because interest charges on the federal debt already cost taxpayers almost $4 billion a month.”

The budget update shows spending will be $488.7 billion this year. That’s up from last year’s spending of $473.5 billion.

The deficit is increasing from $35 billion to $40 billion this year. There is no plan to balance the budget.

“Interest charges on the government credit card will cost each Canadian an average of more than $1,000 this year,” Terrazzano said. “Taxpayers are losing out on almost $4 billion every month that can’t be used to improve services or lower taxes because that money is going to the bond fund managers just to cover the government’s debt interest charges.”

The debt will grow to $1.2 trillion by the end of 2023. Interest on the debt will cost $46.5 billion this year.

The fiscal update didn’t include any significant tax relief.

“Prime Minister Justin Trudeau isn’t saving Canadians money on their taxes,” Terrazzano said. “Trudeau won’t even do the simple things to save taxpayers money like ending his undemocratic alcohol tax escalator or taking the carbon tax off everyone’s home heating bills.

“The budget update is an admission that the government has a spending problem, but Trudeau still isn’t serious about managing our finances or providing real tax relief.”

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Power Struggle: Governments start quietly backing away from EV mandates

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From Resource Works

Barry Penner doesn’t posture – he brings evidence. And lately, the evidence has been catching up fast to what he’s been saying for months.

Penner, chair of the Energy Futures Institute and a former B.C. environment minister and attorney-general, walked me through polling that showed a decisive pattern: declining support for electric-vehicle mandates, rising opposition, and growing intensity among those pushing back.

That was before the political landscape started shifting beneath our feet.

In the weeks since our conversation, the B.C. government has begun retreating from its hardline EV stance, softening requirements and signalling more flexibility. At the same time, Ottawa has opened the door to revising its own rules, acknowledging what the market and motorists have been signalling for some time.

Penner didn’t need insider whispers to see this coming. He had the data.

Barry Penner, Chair of the Energy Futures Institute 

B.C.’s mandate remains the most aggressive in North America: 26 per cent ZEV sales by 2026, 90 per cent by 2030, and 100 per cent by 2035. Yet recent sales paint a different picture. Only 13 per cent of new vehicles sold in June were electric. “Which means 87 per cent weren’t,” Penner notes. “People had the option. And 87 per cent chose a non-electric.”

Meanwhile, Quebec has already adjusted its mandate to give partial credit for hybrids. Polling shows 76 per cent of British Columbians want the same. The trouble? “There’s a long waiting list to get one,” Penner says.

Cost, charging access and range remain the top barriers for consumers. And with rebates shrinking or disappearing altogether, the gap between policy ambition and practical reality is now impossible for governments to ignore.

Penner’s advice is simple, and increasingly unavoidable: “Recognition of reality is in order.”

  • Now watch Barry Penner’s full video interview with Stewart Muir on Power Struggle here:

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New Chevy ad celebrates marriage, raising children

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From LifeSiteNews

By Matt Lamb

Chevrolet’s new Christmas ad portrays the ups and downs of family life and the fun of parenting.

Car company Chevrolet launched its Christmas ad campaign with a beautiful commercial that highlights the messiness of raising kids while championing the value of having a family.

The ad, titled “Memory Lane,” shows a middle-aged married couple loading up their decades-old Chevy Suburban with food to head off to a family dinner. At this point, the ad switches between the couple in the present day and grainy, recorder-quality video of family memories.

It begins with a young family, including a baby, loading up into the same car. As the couple begins to drive, the wife and mom is reminiscing. The husband asks her not to “keep all the good stuff” to herself.

From there, the ad reflects on the ups and downs of the family’s life, including memories of mistakenly tying a Christmas tree to the car door and comforting their college-aged daughter about a break-up. As the couple pulls up to a house at the end of their trip, the wife turns to her husband and says: “They never made it easy, did they?”


“Did you want it to be easy?” he replies.

“No, I wanted it to be just like it was,” she says, before they exit the car to meet family, including a grandchild and a new dog that looks like their old dog.

“The greatest journey is the one we take together,” the ad ends.

Commercial accurately portrays that family life isn’t easy, but it is fun

Anyone who has kids knows that it is not always easy raising them, but it is enjoyable. They scream, they cause messes, they wake you up in the middle of the night. And that’s just before they turn five years old. It only gets more enjoyable, and more difficult, as they age (from what I can tell).

Even if you do not have kids, you can probably remember your own life and think about the ways you caused your parents headaches (getting a bad grade in a class or breaking the curfew), but also the ways you brought them joy (graduating from college, joining the military, or getting married).

Another thing that stuck out is that both parents remained married throughout their life and are celebrating Christmas with both of their children.

One of the kids did not avoid Christmas because dad voted for Trump or because mom has strongly held religious beliefs – something that does happen to the glee (and detriment) of leftist writers. The entire family, not just those who perfectly agree with each other, were together for the holidays. In fact, this is one way we honor our father and mother, by getting together over the holidays and at other family gatherings.

As a parent myself, I sometimes wish it would be “easy,” but the truth is the ups and downs are what make it enjoyable.

Thank you to Chevy for reminding me, and other parents, of this lesson.

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Matt lives in northwest Indiana with his wife and son. He has a B.A. in Political Science with minors in Economics and Catholic Studies from Loyola University, Chicago. He has an M.A. in Political Science and a graduate certificate in Intelligence and National Security from the University of Nebraska, Omaha. He has worked for Students for Life of America, Students for Life Action, Turning Point USA and currently is an associate editor for The College Fix.

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