Feds are blowing money faster than my Mennonite neighbors.

[bucket]

So they take away the fitness credit to keep kids fit and give a credit for teachers to decide what materials they need for some off the wall class?

Wtf

[Oliver88]

Looks like the CBC is getting a HUGE payday, I expect they will have well balanced coverage now. 😂

[farmaholic]

.....no tax hikes? No GST hike. The deficit spending could be looked at as a tax on the future.

Regardless of who deficit spent in the past or whom is currently doing it.....when and will there ever be a day of reckoning. ....a reset?

[cottonpicken]

Well we are actually borrowing 278 billion this year with rolling over bonds and treasuries

Good thing the world doesn't know we hide 50 percent of the problem in the provinces,what if nobody showed up at auction.

But everything is so rosy they may offer a 50 year,true story right there in the print.

[farmaholic]

I heard Sask Finance Minister had a break-down after the Fed Budget..... No money for you.... (like the Seinfeld Soup Nazi). Sask must be re-jigging the numbers.....may not be the SaskParties problem.

[agchat]

Talked to someone the other day, they said watch companies like BCE, that will tell the tale how bad and hard up the country is getting. You figure it out.

[fjlip]

Bribed the CBC into a massive positive spin on the fantastic coming SUNNY days, going to hell in debt hand basket. I bet the dollar will go UP, hope I'm wrong, but markets are drooling for NEW money!
Good times in Canada, bring in MORE migrants. Money to burn!
Oh ya, Liberals got 40% of vote, NOT the majority of population.

[farmaholic]

agchat, some things are recession proof....some won't give up their vices....ask wiseguy.

[Richard5]

A couple thoughts:

Did anyone ever think about where the money goes that is paid to a low income earner? It get spent. For those on welfare - It gets spent also and more likely on high taxed purchases likes smokes or alcohol. This will never change, those people are either unskilled or no desire to try and make their life better

Thought 2 - If you are a 10,000 acre farm running insane debt levels of over 5 million you are in trouble. Even worse if you are a 25,000 acre farm running 25 million debt - You basically are insolvent and days numbered.

Why should the government be anything different?

[macdon02]

Because the farmer doesn't sell and require his debt to be bought by pension funds and deem it a safe asset. Lol that's why they shouldn't be flying close to the sun. Like cotton said, when the debt goes no bid because market has lost confidence it all falls down. That's the shift from public to private, 85 it flipped private to public I believe. Money flows to confidence.