Skip to main content

Deficit Jim blames BC and ON

Lost in all the finger pointing by Harper, Canon and crew about how the world listens more to Ignatieff, than I guess, Harper, Canon and crew.

Deficit Jim set a new record yesterday, producing the country's largest deficit ever. Originally projected to come in at $53.8 billion, the new record for fiscal year ending March 31, 2010 is $55.6 billion.

And guess who's fault it was: The liberal provincial governments of BC and Ontario.

From the CBC:
That figure is almost $2 billion higher than the $53.8-billion deficit projected in the federal budget last March, and was largely prompted by a one-time transfer of $5.6 billion to Ontario and British Columbia to help them make the transition to the harmonized sales tax.
Of course the only reason that both provinces agreed to switch to a single, value added tax scheme this July, was because the federal offered them $5.3 billion to do so, and one would assume that our finance minister would have planned for that expenditure, since the switch didn't take place until the next fiscal year.

But hey, don’t worry Canada, Jim is promising to produce a surplus by March 2016 at which time I’ll be 67 years old.

I wonder if we will still have the old age pension and universal health care by then.





Comments

Popular posts from this blog

662

That is the number of Syrian refuges that the Harper government has brought into Canada.

From the Globe and Mail:
However, the government is facing criticism because 2,374 Syrian refugees have so far been settled. Of that number, only 622 - or 26 percent - were assisted by the government. The others were privately sponsored by individuals or non-government. The others were privately sponsored by individuals or non-government organizations. The NDP argues that in addition to private sponsors, the government should immediately accept 10,000 Syrian refugees. Liberal leader Justin Trudeau said the target should be 25,000 government-sponsored refugees, which he estimates would cost Ottawa $100-million.In other words the Harper government that banters around the 10,000 plus refugee number has brought in 622 refugees or about 170 families.

The other 2,352 so called refugees that Harper has allowed to emigrate to Canada consist of wealthy Syrian Christians who paid their own way in, hightailing …

Election close call, Omar, Bob and move over Warren

Wow that was a close one:
With the NDP leading in the polls at the beginning of September, I started to prepare myself, for the very first time in my life, to vote for the NDP. Mulcair looked good enough for me, with some of the best lines about Harper's Government during most of his interviews, except that he would always add the phrase, "just like the liberals" to the end of it and I thought, if I'm one of those Harper hating, Liberal voters that you probably need to vote for you, why the hell are you insulting me with this partisan bullshit.