Get ready for a massive increase to the cost of living, the destruction of Canada’s economic competitiveness, and a generation burdened by the combination of low-growth and more debt.
With the Trudeau Liberal government, every time it seems things can’t get worse, it gets worse.
And now, there are very ominous signals being sent.
You see, it increasingly appears to be the case that Bill Morneau – at least in comparison to Justin Trudeau & Chrystia Freeland – was fiscally conservative and reasonable.
Because now, with Morneau out of the way, Trudeau and Freeland appear set to massively increase spending and shift to a so-called ‘green economy.’
In short, they are embracing the radical far-left ‘green new deal,’ and massive spending on top of already massive spending:
Here’s what Reuters reported:
“Prime Minister Justin Trudeau is weighing sweeping changes to the country’s social welfare system and a series of economic measures that will align Canada with ambitious climate goals, according to people familiar with the matter.
“The prime minister wants to go big,” said a government source, adding that Trudeau, 48, sees the moves as part of his legacy.”
That is quite disturbing.
With Canada already recording the biggest deficit in history, and with our energy sector already being sacrificed at the altar of far-left ‘green schemes,’ the Liberals intend to double-down on all of this.
Not only is this very dangerous for the country, it’s very dangerous for the Conservative Party.
As I said on Twitter, if they don’t offer a strong competing vision to what will surely be a widely-publicized Liberal policy shift, they could lose again:
“Canadians tend to vote for people who at present a vision of the future. The Liberals constantly do that (even if vision is unworkable). By contrast, the Conservatives keep offering a few cute boutique tax credits & minor changes at the margins. Can’t beat something with nothing.”
Canadians tend to vote for people who at present a vision of the future. The Liberals constantly do that (even if vision is unworkable). By contrast, the Conservatives keep offering a few cute boutique tax credits & minor changes at the margins. Can't beat something with nothing.
— Spencer Fernando 🇨🇦 (@SpencerFernando) August 19, 2020
“Canada needs a huge reindustrialization, needs to become much more self-sufficient, and needs to end our growing reliance on foreign countries. People want secure, meaningful jobs, and a sense that we will finally take care of our own Citizens above all else.”
“The Conservatives have to decide whether they want to be a more populist party, or whether they want to push the same economic orthodoxy as the elitist political and corporate class. If they chose wrong, they can look forward to getting beaten again.”
Photo – YouTube