Although Freeland claims her goal is to \u0027ensure that Canada is the best place in the world for businesses to invest and create good\u002Dpaying jobs,\u0027 she has…
Predictably, the economic statement places a heavy focus on the cost of living. Just as predictably, the Liberals are proposing large, costly new government programs and stringent controls on private investors and industries in an attempt to make life more affordable.
The practice of companies buying back their own shares has come under fire because, as the Liberals would like us to believe, it can be used to “divert corporate resources away from making investments in their workers and businesses in Canada.” Which is one way to look at it.Article content “We’re already putting our money where our mouth is,” Guilbeault said last week. “I’m not sure they are.” Of course, if the Liberals were really putting their money where their mouth is, they might have reserved some of their myriad of handouts to increase the tax credit for carbon capture and storage technologies, which will be key to maintaining our energy industry and achieving our greenhouse gas targets.
Lest you think that Freeland, who hails from Alberta, completely ignored the plight of Albertans, she assures us that, “If you’re an energy worker in Alberta, investments in renewable energies mean there will continue to be good-paying jobs for you and your children.” Add in other goodies like the $1.2 billion being provided to the supply management cartel that keeps food costs high and $21 million to the CBC to sell the government’s lefty agenda, and it all adds up to a nice chunk of change. Since Budget 2022 was released half a year ago, the Liberals have announced an additional $13.4 billion in spending for this fiscal year alone — which itself makes a mockery of any long-term budgetary projections.
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