Servicing government debt will cost as much as healthcare, that makes me nervous: Rona Ambrose

We can’t afford Trudeau any longer

I love it. Not one government worker cut but let’s saddle the Gen Z and Millennial class with Trudeau’s debt for the next 40 years. Canada if on the route to being un livable.

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

Lots of wealthy Canadians gonna be rethinking their residency and where they keep their money. Not sure if this is what we want.

1 billion dollars interest a week is STUNNING.. I am STUNNED

The irony is that the capital gains tax now penalizes those long term landlords who have gained the most but also provided the most stability to renters by not selling, all while saving the guys who buy and hold for a year or two and then sell, forcing many tenants to have to relocate afterwards

Closing my business in Canada and moving it over seas. This government isnt gonna get a penny of my company's capital gains.

God help us. We are burning to the ground.

For everyone saying businesses are paying their fair share is wrong. You need to lower taxes so companies can hire more people, increasing taxes will cause companies to downsize/restructure. Overall there will be less jobs and foreign investments will be non existent. Good luck to future youths/people trying to get jobs when there will be barely any that gets created due to high startup costs.

"Interest rates are at historic lows Glen" 🤷‍♀️

Anyone with half a brain has been saying for years that continuing to load debt will result in untenable costs to service that debt but were just told "GoVeRnMeNt DeBt iSn'T LiKe hOuSeHoLd DeBt" in response. Here we are now, and those people are nowhere to be found.

Increases in the capital gains tax dissuades business investment in Canada. Higher capital gains taxes also infuriate beneficiaries of wills, who may need to take a loan to pay these taxes if the "deemed disposition" value of the bequeathed assets increased largely because of inflation. This is another Trudeau tax that needs to be axed

Did you know that World Economic Forum Great Reset Agenda success, first requires Canada and the USA "to become weaker domestically, and on the World stage"? 100% true, and definitely not a coincidence. Did you know that Finance Minister Freeland has held a seat at the World Economic Forum board of directors table in Geneva since 2019? How that glaring public record conflict of interest fact never gets challenged in Parliament, and never gets mentioned anywhere in the Canadian Press for 5 years and (still) counting, should disturb all of us.

Jag 'n Justin won't be happy until we look like Argentina - penniless, hopeless, and totally broken.

In any country if the middle class are not happy, the nation suffers. Poor get subsidies, rich evade taxes and middle class spend money and money changes hands to keep the country going and prospering. Canada’s middle class is spending most income on housing leaving less for disposable income.

“Interest rates are at historic lows, Glen.”

Taking my money out of this socialist swamp asap

Gov needs to shrink not grow

We know that debt servicing already costs as much as we spend on healthcare. Now debt servicing will cost more than healthcare. Hence Trudeau will borrow more money, and we'll have more debt to service.

BOC should increase interest rates to 8% otherwise the CAD is even more worthless.