Now that the Canadian federal election is well and truly over, and we are settling in for the consequences of that exercise of democracy, it seems to me that this might be a good time to bring up a few points. Canadians have not really had a fully functioning government since December. No legislation has been passed, and the house has not effectively sat since that time.
Now we hear that no budget will be announced until the fall, possibly November. Parliament may be reconvened briefly, but probably only to adjourn for the summer months. If indeed, the budget is not announced until November that will effectively mean that we will have been without any idea of the larger fiscal situation of our nation and its spending strategies for almost a year, not to mention little real government.
Frankly, Canadians deserve better. Considering the fact that Chrystia Freeland brought down the Trudeau government by using her resignation address to parliament, and did not reveal the government’s budget then, I and a lot of other Canadians, are feeling more than a little queasy about what the Liberals are up to. Is it their intention to ignore the financial state of the nation? Wait, no, prime minister Carney has already stated that he will spend over $200 billion, probably indebting us even more at a time when we are already a stunningly indebted nation, so it can’t be said that this former head of the Bank of England does not understand finance.
The one thing I remember about my Law 11 class, taken many decades ago, is the term “Caveat Emptor” it translates as “Let the buyer beware.”
Perry Foster
Duncan
