Share to Dec 23, 2020 9:40 AM Pete McIntyre
Prime Minister Justin Trudeau tops the Naughty List compiled by the Canadian Taxpayers Federation this year.
âLying to Canadians and hiking the cost of heating our homes is a sure-fire way to land you on the Naughty List and the prime minister has achieved that in spectacular fashion,â said Aaron Wudrick, Federal Firector of the CTF.
âSome politicians and bureaucrats did manage to land on the Nice List this year, so letâs hope Trudeau aims for that in 2021!â
After promising not to increase taxes, Trudeau is more than tripling the carbon tax to $170 per tonne by 2030 and heâs also announced a second carbon tax.
Federal debt has passed $1,000,000,000,000
December 22, 2020
OTTAWA, ON: The Canadian Taxpayers Federation today marked the sombre milestone of reaching $1 trillion in federal debt by bringing its National Debt Clock in front of Parliament Hill in Ottawa.
âThe Trudeau government broke our National Debt Clock by running the debt beyond $1,000,000,000,000,â said CTF Federal Director Aaron Wudrick. âOur National Debt Clock no longer has enough digits to display the size of our federal debt, because nobody ever dreamed the debt would grow this big.â
The National Debt Clock was built in the 1990s to push back against runaway deficits and debt. It was retired when Paul Martin balanced the federal budget in 1998, but went back on tour when the Harper government plunged the country into deficit in 2009.
Article content
How many more Albertans need to lose their job before government union bosses are willing to accept a pay cut? It’s a serious question.
Does the unemployment rate in Calgary and Edmonton need to be higher than in every other major Canadian city? That’s already happened. Does compensation paid to Alberta workers need to dip down below 2014 levels? That’s already happened too. Does the provincial government’s debt need to surpass $100 billion? That’s set to happen during spring 2021.
We apologize, but this video has failed to load.
Try refreshing your browser, or Opinion: When will government union bosses be willing to share in the downturn? Back to video
CRA names companies that received CEWS theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Article content
Edmonton is scoring a lower grade for fiscal responsibility than comparable municipalities, according to data from the Alberta government.
New “report cards” released by the province this week show the City of Edmonton has higher spending and debt per capita than the City of Calgary and the Regional Municipality of Wood Buffalo, which are considered comparable based on a calculated municipality index.
We apologize, but this video has failed to load.
Try refreshing your browser, or New report cards show City of Edmonton has more debt, higher tax rate than comparable municipalities Back to video
The new report cards, also referred to as the municipal measurement index, don’t give out letter grades, but allow residents to look at the annual financial performance of their region and compare it among the province’s 338 municipalities.