For anyone who still bought into Mark Carney’s self-declared image as the great global banker who would responsibly manage Canada’s finances, his recent promise to juice defence spending to 5 percent of GDP – $155 billion per year in today’s dollars – must surely be the final straw. The Liberal Prime Minister had already announced massive spending hikes and a huge deficit, with interest on the federal debt to hit $70 billion by 2029. All this will spell doom for a country already struggling with declining productivity, zero growth and a falling standard of living, concludes Gwyn Morgan. The veteran business leader charts Canada’s path to budgetary disaster and places the blame squarely where it belongs – on Canada’s profligate Prime Minister.
Too Clever by Half: Why Ottawa’s Clarity Act Helps Neither Side in Alberta’s Separation Debate
The House of Commons once had an effective law in front of it that laid out clear steps to assure that any provincial referendum on