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The country isn't bankrupt. But the Trudeau government is completely spent

^{Published on 2024-12-17 16:01:04 - The Globe and Mail}
 

• Canada has hit the point of intellectual bankruptcy from which a government, having run out of higher purpose, is merely chasing after survival

The article from The Globe and Mail discusses the financial management and economic policies of the Trudeau government in Canada. It critiques the government's approach to spending, particularly highlighting the significant increase in federal debt and the lack of a coherent plan to manage or reduce it. The piece argues that while Canada isn't technically bankrupt, the government's fiscal strategy seems unsustainable, with rising deficits and a ballooning national debt. It points out the government's failure to address these issues in a meaningful way, instead opting for short-term solutions like tax increases and spending cuts that do not tackle the underlying structural problems. The article also touches on the political implications, suggesting that the government's focus on social programs and environmental initiatives, while noble, lacks the necessary economic discipline, potentially leading to future economic instability.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/business/commentary/article-the-country-isnt-bankrupt-but-the-trudeau-government-is-completely/ ]

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