Why basic income is not the best way to tackle poverty

What we need are carefully targeted programs specifically aimed at dealing with the issues that keeps people in poverty

Why basic income is not the best way to tackle povertyIn a country as rich as Canada, no one should have to be hungry or homeless. We do have people who can’t provide for themselves and we rely on the government to provide a floor below which Canadians can’t fall. We have to remember that this support comes from us, the taxpayers, so we need…

Canadians sinking under a $1,000,000,000,000 debt tab

And just wait until you hear how much the government is spending to cover its debt interest costs. It isn't pretty

Canadians sinking under a $1,000,000,000,000 debt tabIf you think the federal government’s so-called historic spending on a national child-care scheme is big, wait until you hear how much the government is spending to cover its debt interest costs. In its 2021 budget, the Justin Trudeau government is promising to spend $30 billion over five years on a national child-care program. That’s…

Trudeau budget takes on a reckless amount of new debt

Another step toward irresponsible indebtedness

Trudeau budget takes on a reckless amount of new debtBy Miquel Ouellette and Maria Lily Shaw MEI The recent budget presented by the Liberal government of Justin Trudeau – its first in over two years – is another step toward irresponsible indebtedness that will burden an entire generation of Canadians, if not more. On top of the hundred billion dollars of new spending, the…

New child-care program plays a shell game with the costs

Sticking future generations with the tab isn’t a winning solution

New child-care program plays a shell game with the costsBy Franco Terrazzano and Renaud Brossard Canadian Taxpayers Federation There’s a big difference between making something affordable and playing a shell game with the costs. Unfortunately, the feds are choosing the latter with their new child-care program. The federal 2021 budget allocated $30 billion over the next five years towards a national child care program…

Bitcoin’s future looks bright as a reserve currency

A fraction of the global economy moving to a bitcoin standard will create a ripple effect

Bitcoin’s future looks bright as a reserve currencyFormer Canadian prime minister Stephen Harper recently suggested bitcoin could become a reserve currency alongside the U.S. dollar. Now a business adviser with Harper & Associates consulting, he had a caveat: bitcoin still lacks a key money feature, that being a store of value. In contrast to fiat currencies, bitcoin has done little but rise…

Exalted man sought for something deep, and other scams

Or how you too can share in the millions Mark Zuckerberg is giving away

Exalted man sought for something deep, and other scamsFew crimes make me angrier than telephone or online scams. But I don’t know who I’m angrier at – the scammer or the victim. The scammer is a reprehensible subhuman, preying on naive elderly people. What’s worse than that? But I’m also angry at the naive elderly person. Seriously, grandma, do you really think the…

Federal budget spends more on everything with no plan to pay for it

The Trudeau government has set Canada on a path to fiscal destruction

Federal budget spends more on everything with no plan to pay for itBy Aaron Wudrick and Franco Terrazzano Canadian Taxpayers Federation The British politician Nigel Lawson once said: “To govern is to choose – to appear to be unable to choose is to appear to be unable to govern.” If Lawson is correct, then the only conclusion to be drawn from Finance Minister Chrystia Freeland’s federal budget…

O’Toole set to break carbon-tax pledge

Would you prefer cash back under the Trudeau model or O’Toole bucks towards buying a solar-powered e-bike?

O’Toole set to break carbon-tax pledgeConservative Party leader Erin O’Toole is set to lose the trust of millions of Canadians and betray hard-working taxpayers by embracing carbon taxes. The Conservative Party has long promised to repeal Prime Minister Justin Trudeau’s federal carbon tax mandate immediately after forming a government. Former Conservative Party leader Andrew Scheer’s promise to repeal the carbon…

B.C. budget must be prudent

Provincial debt is more than $75 billion, and it’s increasing by $100 per second

B.C. budget must be prudentBritish Columbia’s last budget feels like something from a distant, pre-pandemic past. Now the province’s throne speech gives a little glance into the future budget. And if we’re going to get back to balanced budgets, we’re going to have to go faster than Marty McFly to fix our finances in the future. Back in the…
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