Joe Oliver: Recession may be coming but Canada's stimulus cupboard is bare

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Granted, the federal government had to confront a global pandemic. But it spent more than 14 G20 countries on COVID-19 during 2020 and it wasted a minimum of $27.4 billion in “suspicious” benefit payments, according to Auditor General Karen Hogan. Tens of billions more were sent to people who did not need the money, thereby exacerbating inflationary pressure created by supply chain shortages.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

His green policies intrude on business and personal agency and prosperity in ways ranging from picayune to substantive . Trudeau’s deceptively labelled “just transition” would involve the wholly unjust destruction of a key industry, with disruption far beyond energy, but without any real plan to retrain or compensate workers.

The prime minister seems convinced he must save the planet from apocalyptic global warming. The flaw in his certainty is that the climate models that supposedly justify it repeatedly project temperatures significantly higher than actually occur. Undeterred, the modellers continue to project and the alarmists continue to rely on the same failed models.

Global temperatures have increased by 1.2 degrees since 1850, which marked the end of the Little Ice Age. If the temperature had not increased we would still be in an ice age, which would not be a good thing, especially for Canada. Even in our warmer world, 4.5 million people die from the cold each year compared to fewer than 600,000 from the heat. It is cooler now than during the Medieval Warm Period .

fpcomment Because it’s all going to the aboriginal people that’s why Canada is going broke

fpcomment Print more money!

fpcomment All part of trudeaus instructions Canada is a testing ground this has become obvious and Trudeau is their puppet

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Joe Oliver: Recession may be coming but Canada's stimulus cupboard is bareJoe Oliver writes there are limits to inflationary deficit spending — too bad the government didn\u0027t get the memo fpcomment Not with the circus act we have in Ottawa? They will just create more debt... fpcomment Now is the worst time in Canadian history to attack the oil and gas. Trudeau wants to shut them down lol. You can't make this up. He wants to destroy Canada. What else could it be? fpcomment You young people who vote for the Libs can kiss your CPP good bye or you might get it when your 75.
Source: nationalpost - 🏆 10. / 80 Read more »

Joe Oliver: Recession may be coming but Canada's stimulus cupboard is bareJoe Oliver writes there are limits to inflationary deficit spending — too bad the government didn\u0027t get the memo
Source: financialpost - 🏆 7. / 85 Read more »

Joe Oliver: Recession may be coming but Canada's stimulus cupboard is bareJoe Oliver writes there are limits to inflationary deficit spending — too bad the government didn\u0027t get the memo If you’re still listening to Joe Oliver, god help you. UBI incoming then? Bullshit. Anytime the US or Ukraine come calling for more weapons and money, they always seem to find as much as they need. 'Cupboard is bare' is just governments way of saying 'we don't care and we won't help'. It's got nothing to do with resources.
Source: natnewswatch - 🏆 58. / 59 Read more »

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