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To: Sean_Anthony

This article covers a lot of ground and themes it is hard to narrow onto just one. If we go with the debt, Canada, generally is a piker compared to American debt and unfunded liabilities.

Canada has these advantages:
1) Our Canada Pension Fund is funded. Didn’t use to be but now it is.

2) Our national debt is not anything like what the US has

And these challenges
1) What we call Old Ages Pension is not funded and comprises and ever growing liability. I think it is around 40 billion, in a country with a budget around I think 300 billion.

2) Our federal budget is growing and growing without end. The worse though are the huge debts of the mismanaged provinces of Ontario and Quebec

3) Our military is hugely underfunded. The 90s Liberal party starved the military. THAT is how they managed to balance the budget. Harper began to barely re-instate funding. Now that pajama boy is in charge, that underfunding continues

4) Most of our job growth is in the public sector

5) We are importing Syrians and Somalis to add to our welfare rolls

6) Healthcare is now 50% plus of provincial budgets


8 posted on 12/06/2018 2:08:20 PM PST by Sam Gamgee
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To: Sam Gamgee

I would add to your list the madness of the Federal “carbon” tax, that will kill what’s remaining of Canada’s industrial base and oil and gas sector. Trudeau is doing to oil and gas, what Obama and Clinton did to coal, through insane overregulation that has killed pipeline construction and made it cheaper to import foreign oil than to develop the resources at home. Father Trudeau was a very intelligent socialist. Son Trudeau is an imbecilic socialist. Both are dangerous.


9 posted on 12/06/2018 4:12:49 PM PST by littleharbour ("You take on the intel community they have six ways from Sunday at getting back at you" C. Schumer)
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