Equalization has cost Alberta $67 billion

And what has it bought? Hostility

Equalization has cost Alberta $67 billionBy Kevin Lacey and Franco Terrazzano Canadian Taxpayers Federation Sixty-seven billion dollars. That’s how much the federal government’s equalization scheme has cost Alberta taxpayers since its inception in 1957. This year, equalization will cost Alberta taxpayers nearly $3 billion. That means that equalization will cost an Alberta family of four about $2,600 this year on…

Canada needs to take Alberta’s equalization grievances seriously

Referendum is exposing a deep crack in Confederation

Canada needs to take Alberta’s equalization grievances seriouslyAlberta’s referendum on equalization is more than a vote on a federal program: it’s an urgently needed conversation about a deep crack in Confederation. So far, Canada has ignored the problem and the rift has grown. Now a referendum yes vote will push federal and provincial governments to the negotiation table. So, let’s talk. All…

O’Toole has a serious credibility problem

And once you’ve lost your credibility it’s very hard to grow it back

O’Toole has a serious credibility problemIn politics, nothing is more important than credibility. Politicians can deliver stirring speeches and launch searing attack ads, but if they don’t tell the truth, nobody believes any of it. And, one way or another, voters will hold them accountable. After our “election about nothing,” Erin O’Toole has a serious credibility problem. Take his flip-flop…

Politicians need to practice what they preach and pay back wage subsidy

NDP, Liberals and Conservatives all helped themselves to the wage subsidy meant for struggling businesses

Politicians need to practice what they preach and pay back wage subsidyPoliticians are good at preaching, but they’re not so good at practicing what they preach. Case in point: the federal wage subsidy. Federal politicians have been moralizing about the evils of business executives taking bonuses while collecting the pandemic wage subsidy, but their silence on their own party taking the subsidy is deafening. At the…

Taxpayers still waiting for a credible plan to balance the books

$424 million(!) being added to the debt every single day

Taxpayers still waiting for a credible plan to balance the booksBy Franco Terrazzano and Jay Goldberg Canadian Taxpayers Federation If the federal government’s fiscal policy stays on its current trajectory, Canada’s trillion-dollar debt will be a major drain on taxpayers’ wallets for generations to come. In this election, voters will need to closely examine parties’ plans to plug that drain. Unfortunately, the current Liberal plan…

How politicians can make our lives more affordable

A huge portion of the high cost of living is being driven by government policy

How politicians can make our lives more affordableBy Franco Terrazzano and Jay Goldberg Canadian Taxpayers Federation Political parties are trying their best to convince Canadians they can make life more affordable. But if politicians want us to believe them, they need to look in the mirror. That’s because making life more affordable really means tackling the damage government does through regulation, high…

Canadians deserve better than five decades of deficits

More deficits mean more debt that your kids and grandkids will need to pay back

Canadians deserve better than five decades of deficitsThe Parliamentary Budget Officer has finally answered the burning question: will Prime Minister Justin Trudeau’s budget balance itself? The answer: yes, it will – but not for another almost 50 years. According to data published by the PBO, under status quo policies the federal government will balance its budget again in the year 2070. By…

Bureaucrats living high off the hog at taxpayers expense

Ottawa’s public service has swelled by roughly 10,000 bureaucrats per year under Trudeau

Bureaucrats living high off the hog at taxpayers expenseCOVID-19 has shone a light on a fundamental divide within Canada: the growing government bureaucracy and those forced to pay for it. This contrast is illustrated by Statistics Canada’s latest jobs report. The private sector, including the self-employed, has shed 520,400 jobs since COVID-19 hit us, while the number of government jobs across the country…

You’re on the hook for $57,000 in government debt

We have to start demanding that politicians start making some tough choices

You’re on the hook for $57,000 in government debtFifty-seven thousand dollars. That’s the average amount each Canadian will owe in provincial and federal government debt by the end of the year. It’s not just the rich or big corporations that will be mopping up this budget mess if politicians don’t take some air out of their bloated budgets. Politicians are already starting to…

Trudeau gun grab will be ineffective and very expensive

Even the National Police Federation, Canada’s largest police union, believes the buyback will do little to curb criminality

Trudeau gun grab will be ineffective and very expensiveBy Franco Terrazzano and Kevin Lacey Canadian Taxpayers Federation Here we go again. Ottawa’s budget watchdog is on the trail of another big taxpayer boondoggle in the making with the federal government’s latest gun policy. First, a Liberal government introduced the gun registry in the 1990s. That was supposed to cost $2 million, but, by…
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