Under the “leadership” of Prime Minister Justin Trudeau, personal and family-debt are presently at an all-time high. The same applies to national deficit levels. Now, we discover that personal bankruptcies in Canada are at their highest levels in over a decade.
“Keep on telling a lie and eventually the people will believe it”— paraphrase of a statement by a prominent fascist dictator of modern history. Seems PM Justin Trudeau and back-room schemer Gerald Butts have taken this tid-bit to heart. “A staggering 47 percent of respondents …
Afghanistan– $254,208 million in 2018. Ethiopia– $198,145 million. Nigeria– $133, 186. So says data taken from ‘Canadian International Development Platform.’ Read more
Canadian household debt is at record levels, while the savings rate has fallen to nearly its lowest level in 14 years. A recent Abacus Data poll found 56 per cent of Canadians put cost-of-living as one of their top five issues heading into the vote.“Affordability for middle-class families is a KEY ISSUE,” said Jean-Yves Duclos, Trudeau’s social development minister, said in a recent interview. Read more
Canada is among seven countries that are “most vulnerable to a debt crisis” within the next three years, Forbes magazine says in a new analysis. Read more
OTTAWA—Finance Minister Bill Morneau released updated fiscal projections Feb 22 that predict an $18.4-billion deficit in 2016-17. That number is expected to grow even larger before the budget is tabled March 22. Read more
OTTAWA — The country’s dampened economic prospects could put the Liberal government on pace for $90 billion in deficits over its four-year mandate, a new report said Wednesday. Read more