Prime Minister Mark Carney pledged Wednesday to balance Canada’s operating budget within three years, marking a sharp fiscal shift that drew comparisons to conservative economic policy.
The keys words here are "operating budget." He has already said that he is going to use magical accounting sleight of hand, the kind only understood by sophisticated, worldly international bankers, to separate "operating" from "capital." That means he can go ahead and continue to bankrupt Canada, enrich Brookfield and con Easterners by spending like a drunken sailor. I wonder how long before his jet fuel is classified as a "capital expense."
Well stated. And I feel, your last sentence provides his plans for future "operating budget" reduction. I fully expect, he will find excuses to secretly transfer this debt to new "capital investment". turdoh's lieberals reportedly figured out how to hide money spent, by using the mcKinsey ngo to circumvent parliamentary oversight. Money just disappeared into the ether with no accountability. carney was turdoh's main financial advisor. Are we now to believe, that he had NO inkling of what was going on? Right.
It’s closer to the truth to say that Canada/Trudeau blew their best trade deal apart by alienating America. Fair to also say that Trudeau merely punctuated the decades long abuse of the relationship between Canada and the US. Graphs now indicate that it is nigh on impossible (for Canada) to replace its former level of trade with America (with increases with other countries), which accounts for roughly 70% of Canada’s imports AND exports.
Canadas other trade partners combined cannot pick up the slack, ESPECIALLY without resource development and pipeline projects being launched.
While all this is in motion, the native indians are trying to spark a rare metals deal with CCP while suing Canada into receivership. Those lawsuits are financial bombs that can cripple Canada’s economy but no one (in msm) is talking about it.
This is not a useful report - you may as well just publish the word salad speech. You present this as though there is credibility which there is little. The operating budget balancing fiction has zero credibility in accounting terms and won't fool us.
The keys words here are "operating budget." He has already said that he is going to use magical accounting sleight of hand, the kind only understood by sophisticated, worldly international bankers, to separate "operating" from "capital." That means he can go ahead and continue to bankrupt Canada, enrich Brookfield and con Easterners by spending like a drunken sailor. I wonder how long before his jet fuel is classified as a "capital expense."
Well stated. And I feel, your last sentence provides his plans for future "operating budget" reduction. I fully expect, he will find excuses to secretly transfer this debt to new "capital investment". turdoh's lieberals reportedly figured out how to hide money spent, by using the mcKinsey ngo to circumvent parliamentary oversight. Money just disappeared into the ether with no accountability. carney was turdoh's main financial advisor. Are we now to believe, that he had NO inkling of what was going on? Right.
It's the fraud Carney.
Fraud's seem to be the theme these days with the folks in Ottawa and one particular Central Canada Premier.
Besides.. It is Carney... Nothing to see there and lies upon lies upon lies.
More BS from a BS PM.
Rally behind a collective economic recovery? We need to recover because of terrible things they did to our economy!
The Elbows Up gang doesn't want to hear anything about the past. It never happened.
It’s closer to the truth to say that Canada/Trudeau blew their best trade deal apart by alienating America. Fair to also say that Trudeau merely punctuated the decades long abuse of the relationship between Canada and the US. Graphs now indicate that it is nigh on impossible (for Canada) to replace its former level of trade with America (with increases with other countries), which accounts for roughly 70% of Canada’s imports AND exports.
Canadas other trade partners combined cannot pick up the slack, ESPECIALLY without resource development and pipeline projects being launched.
While all this is in motion, the native indians are trying to spark a rare metals deal with CCP while suing Canada into receivership. Those lawsuits are financial bombs that can cripple Canada’s economy but no one (in msm) is talking about it.
This is not a useful report - you may as well just publish the word salad speech. You present this as though there is credibility which there is little. The operating budget balancing fiction has zero credibility in accounting terms and won't fool us.