Worst Federal Finance Minister I can remember in my 49 years. In 2015 Morneau promised to stop deficits by 2019... a useful thing to do during times of economic strength, preparing the country‘s finances for unanticipated times of stress, like a pandemic. But even worse he kept making his boss look bad.
After nearly fifty Ministers of Finance, maybe it’s time to give a
qualified woman a shot. Whomever leads Finance needs a plan to pay off the pandemic programs and bring a now trillion dollar national debt under control. We had war bonds, maybe pandemic bonds? Morneau canceled the Canada Savings Bond program in 2017, maybe being them back? Cut back on foreign aid, military and resource spending, and sell off previously nationalized pipelines, basically anything anything that‘s not essential. That last word is where a good finance minister will make the distinction. And close the loop holes on corporate and personal income taxes, especially those the Morneau’s of this country utilize to pay little tax.
Here’s where the
money goes, what’s that 16% of “other departments and agencies“? This needs to be drilled down to $100k increments.
