Prime Minister Justin Trudeau

Prime Minister Justin Trudeau is rejecting the “simple” idea of ​​slapping a windfall tax on the grocery and energy sectors, and such a move is likely to do ...

Trudeau said that as interest rates rise, his government will strengthen supply chains, provide affordable child care, GST rebates and help with rent and dental care to low-income Canadians. Trudeau also defended the Bank of Canada’s interest rate hike. And we respect that,” Trudeau said. These rate hikes have led to higher mortgage rates and other debt servicing costs. These sectors face a one-time 15 percent tax on profits over $1 billion for the 2021 tax year. products (up to 15.5 percent).

The Prime Minister has seen a year pockmarked by failures in policy and short-sighted political manoeuvres, but there are signs the Liberals are staring to ...

But so is his apparent belief that simply publicizing the missteps of ethics offenders is a sufficient corrective. The delay in setting up a mental health transfer is one obvious example. Federal program spending in the current fiscal year is projected to account for 16 per cent of Canada’s gross domestic product. Continued spending increases, even in the face of surging inflation, raise obvious questions about the Liberals’ self-professed fiscal prudence. Fiscal policy is surely at the top of that list. The Prime Minister’s divisive approach is the government’s greatest shortcoming in a year pockmarked by failures in policy and short-sighted political manoeuvres.