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BREAKING: The PBO says borrowing is expected to exceed the spring forecast, increasing from $65B to $72B, a $7B overrun. Critics say this reflects poor fiscal management, arguing Canadians are being used as a "credit card" for ineffective programs.

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🚨 BREAKING: The Parliamentary Budget Officer has just confirmed the government’s fiscal plan is falling apart. The PBO says there is less than a 1% chance the government will achieve its own deficit target. Federal operating spending has been revised up to $142 billion. Economic growth continues to weaken. Canada is now in a recession. Yet, as the country’s finances deteriorate, the Finance Minister still refuses to disclose the cost of a sovereign wealth fund that would be financed with $25 billion in borrowed money. Canadians are being asked to take on more debt without being told the full price tag. Parliament cannot properly scrutinize a fiscal plan when key costs are being withheld. If this is a sound investment, why is the government refusing to show Canadians the bill? #cdnpoli
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🚨 BREAKING: The Parliamentary Budget Officer has just confirmed the government’s fiscal plan is falling apart. The PBO says there is less than a 1% chance the government will achieve its own deficit target. Federal operating spending has been revised up to $142 billion. Economic growth continues to weaken. Canada is now in a recession. Yet, as the country’s finances deteriorate, the Finance Minister still refuses to disclose the cost of a sovereign wealth fund that would be financed with $25 billion in borrowed money. Canadians are being asked to take on more debt without being told the full price tag. Parliament cannot properly scrutinize a fiscal plan when key costs are being withheld. If this is a sound investment, why is the government refusing to show Canadians the bill? #cdnpoli

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🤥FACT CHECKED AS FALSE : Finance Minister François-Philippe Champagne again claims Canada will be the 2nd fastest growing economy in the G7. Canada is the only G20 nation in a recession & could place dead last in G20 growth, according to the BMO forecast. Scotia Bank & the incomplete PBO both agree, Canada is not forecast to be anywhere close to the 2nd fastest growing economy in the G7. The PBO data didn't have the updated data showing Canada is in a recession, in the economic model they used. So you can expect the PBO forecast to be downgraded further, in the weeks ahead. The government stands up and blatantly lies to Canadians because they can. There is never a consequence for them lying.
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🤥FACT CHECKED AS FALSE : Finance Minister François-Philippe Champagne again claims Canada will be the 2nd fastest growing economy in the G7. Canada is the only G20 nation in a recession & could place dead last in G20 growth, according to the BMO forecast. Scotia Bank & the incomplete PBO both agree, Canada is not forecast to be anywhere close to the 2nd fastest growing economy in the G7. The PBO data didn't have the updated data showing Canada is in a recession, in the economic model they used. So you can expect the PBO forecast to be downgraded further, in the weeks ahead. The government stands up and blatantly lies to Canadians because they can. There is never a consequence for them lying.

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Justin Trudeau is borrowing tactics used by the worst leftists in history—to hide the truth from Canadians.
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Justin Trudeau is borrowing tactics used by the worst leftists in history—to hide the truth from Canadians.

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Want to know why Canadians are going broke? Just listen for a few seconds to the guy who controls the national credit card.
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Want to know why Canadians are going broke? Just listen for a few seconds to the guy who controls the national credit card.

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BREAM: The Journal says the percentage of delinquent credit card balances is 13%, the highest since the period following the financial crisis. People say they're using them for necessities. Your message to them? HASSETT: We talk to the CEOs of the credit card companies all the time. Delinquency is different from default, and there's not any financial threat to the credit card companies. It's just people are taking a little bit longer.
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BREAM: The Journal says the percentage of delinquent credit card balances is 13%, the highest since the period following the financial crisis. People say they're using them for necessities. Your message to them? HASSETT: We talk to the CEOs of the credit card companies all the time. Delinquency is different from default, and there's not any financial threat to the credit card companies. It's just people are taking a little bit longer.

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Neal: For a party that's talked about fiscal responsibility, I've heard all my years here, taking up all these pursuits in fiscal rectitude, they're borrowing $5 trillion additional to pay for a tax cut for the wealthiest among us. $5 trillion is being added to the debt. I call attention to that because they're taking away health insurance from poor people, hospitals will suffer, medicare will be cut and the child credit will leave out the poorest…
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Neal: For a party that's talked about fiscal responsibility, I've heard all my years here, taking up all these pursuits in fiscal rectitude, they're borrowing $5 trillion additional to pay for a tax cut for the wealthiest among us. $5 trillion is being added to the debt. I call attention to that because they're taking away health insurance from poor people, hospitals will suffer, medicare will be cut and the child credit will leave out the poorest…

Acyn

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This is how we are expected, as Canadians, to comply.
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This is how we are expected, as Canadians, to comply.

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Today Tom Mulcair says a recession is a recession & it’s time for the Government to accept it & wear it. He’s also not listening to Champagne & his economy nonsense, he’s listening to what the PBO Annette Ryan is telling Canadians as it’s clearly the correct picture of our economy. Quite telling
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A new U.S.-Israeli plan to give out limited amounts of food in Gaza has led to chaotic scenes this week, as thousands of starving Palestinians have overrun the distribution points. "This is all just trickery that is being used to further the genocide," says jeremy scahill.
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🚨This $25B fund wasn’t even included in the Spring Economic Update. And now, a Department of Finance official repeatedly admitted he does NOT have the information on the costs, debt projections, or infrastructure requirements behind the fund Canadians are being asked to finance?!? The Bank of Canada had no answers. The Finance official had no answers. The PBO had no answers. Why is it so hard for this Liberal government to be transparent with Canadians? #cdnpoli
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🚨This $25B fund wasn’t even included in the Spring Economic Update. And now, a Department of Finance official repeatedly admitted he does NOT have the information on the costs, debt projections, or infrastructure requirements behind the fund Canadians are being asked to finance?!? The Bank of Canada had no answers. The Finance official had no answers. The PBO had no answers. Why is it so hard for this Liberal government to be transparent with Canadians? #cdnpoli

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The Trump administration is saying that “credit card spending being through the roof” is a sign that working Americans are getting ahead. To them and their mega-donors, it’s a good thing when families are borrowing to put food on the table and gas in the tank as costs soar out of control. This is wrong. The American people deserve so much better—an end to these crushing costs, this corruption, and this chaos. op: @matteo_il_pazzeo
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The Trump administration is saying that “credit card spending being through the roof” is a sign that working Americans are getting ahead. To them and their mega-donors, it’s a good thing when families are borrowing to put food on the table and gas in the tank as costs soar out of control. This is wrong. The American people deserve so much better—an end to these crushing costs, this corruption, and this chaos. op: @matteo_il_pazzeo

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🇨🇦Canadians are increasing worried we might become the next Venezuela?🤔 So I asked a Venezuelan.🎯 Here is what she had to say.🎙️
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🇨🇦Canadians are increasing worried we might become the next Venezuela?🤔 So I asked a Venezuelan.🎯 Here is what she had to say.🎙️

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LOL -- Watch a Liberal MP try to get the PBO to say that Carney is being fiscally disciplined! ....and then Jason Jacques rips them a new asshole. 😂 love this guy! --JASON JACQUES FOR PM!
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LOL -- Watch a Liberal MP try to get the PBO to say that Carney is being fiscally disciplined! ....and then Jason Jacques rips them a new asshole. 😂 love this guy! --JASON JACQUES FOR PM!

Tablesalt 🇨🇦🇺🇸

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NEW The CBC is preparing Canadians ..for a REALLY bad Federal budget They're managing expectations. "I dont think Canadians are close to coming to grips with our fiscal situation"
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NEW The CBC is preparing Canadians ..for a REALLY bad Federal budget They're managing expectations. "I dont think Canadians are close to coming to grips with our fiscal situation"

Tablesalt 🇨🇦🇺🇸

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