Joe Oliver: As they prepare to celebrate their country’s 155th birthday, Canadians are suffering at the hands of a divisive, incompetent government that has undermined prosperity, freedom, parliamentary responsibility, the independence of institutions, national unity and our country’s global standing. Unless the unsavoury confidence-and-supply agreement with the NDP unravels or the Liberal caucus rebels against an increasingly autocratic yet disengaged prime minister, we may be condemned to another three years before a despondent electorate can finally say: enough!
The evidence against the government is overwhelming.
The public’s overarching concern is rampaging inflation — at 7.7 per cent year-on- year, the highest in 40 years — which is devastating fixed-income pensioners, entry-level home buyers and lower-income Canadians, and eroding the living standards of the middle class. Yet Minister of Finance Chrystia Freeland’s solution is more fiscal stimulus, more debt, more regulation and more taxes, while giving short shrift to productivity, competitiveness, private-sector investment, resource development and longer-term growth. Her April budget projected a $52.8-billion deficit for 2022-23 that falls only to $8.4 billion in 2025-26. To put that in perspective, total program spending was $473 billion last year, $140 billion above the pre-pandemic level.
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