We are using our kids’ credit cards to buy stuff for ourselves today. It is impossible to call that virtuous
After the two highest splurges in Canadian history — before the gigantic binge during the pandemic — the Liberal government was poised for more. A spate of initiatives including child care, dental care and possibly pharmacare in 2023 represent the biggest social program expansion in the past two decades. They are coming with federal debt projected to reach $1.25 trillion this fiscal year, debt to GDP at 47.6 per cent, a $52.
Justin Trudeau’s approach to politics has been characterized by virtue signalling and theatre that is long on expensive promises but short on deliverology. It was predictable that vast sums would be spent by a prime minister who sees the federal government as the solution to most problems, real or imaginary, even if it significantly intrudes on provincial jurisdiction.
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