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Daryl Wall's avatar

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."

Thane's avatar

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.

William Stewart's avatar

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.

Neil's avatar

Rally behind a collective economic recovery? We need to recover because of terrible things they did to our economy!

Doug Stephens's avatar

The Elbows Up gang doesn't want to hear anything about the past. It never happened.

Paulg's avatar

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.