National
Rumored deal with Bloc Quebec party could keep Trudeau Liberals in power, stave off election
From LifeSiteNews
“The federal government does not have a mandate to bargain with Quebec separatists at the expense of Alberta, the West and the rest of the country”
The possibility of an early Canadian election may not come to fruition after Bloc Québécois leader Yves-Francois Blanchet hinted that an alliance between the separatist party and the Liberals under Justin Trudeau could become a reality.
Rumors began to swirl that a Bloc-Liberal deal could happen after Bloc House leader Alain Therrien said Sunday that the party’s “objectives remain the same, but the means to get there will be much easier.”
“We will negotiate and seek gains for Quebec … our balance of power has improved, that’s for sure,” he said, as reported by the Canadian Press.
Therrien made the comments in light of the possibility of a federal election taking place before fall 2025 after New Democratic Party leader Jagmeet Singh pulled his official support for Trudeau’s Liberals last week.
Late last month, Conservative Party leader Pierre Poilievre called on Singh to pull his support for Trudeau’s Liberals so that an election could be held.
Therrien also noted that the NDP pulling its support of the Trudeau Liberals has created a “window of opportunity” that his party may exploit. The Canadian Press reported that a person close to the Bloc party said directly that the NDP had in essence handed the party the balance of power.
As it stands now, the Bloc has 32 seats to the NDP’s 24, which is more than enough to prop up the Liberals, who have 154 seats.
As for Blanchet, he told the media on Monday that he was feeling “good” about his party’s newfound power. He then took a shot at Poilievre, saying he is more or less like Trudeau. “There are plenty of issues on which (Poilievre’s) in the same position as Justin Trudeau,” Blanchet said.
“Show us that you’re different, Justin Trudeau, apart from being against abortion, then we’ll see what you have to offer,” he said.
“If the Liberals don’t get into the frame of mind to let us make some very clear gains for Quebec, they’d better pump up the tires on their election truck right away.”
While most Conservative MPs are pro-life, Poilievre supports abortion and has a poor track record when it comes to life and family issues, with Campaign Life Coalition having given him a “red light” rating.
News of a possible Bloc-Liberal deal to keep Trudeau in power drew the immediate ire of Alberta Premier Danielle Smith.
“The federal government does not have a mandate to bargain with Quebec separatists at the expense of Alberta, the West and the rest of the country,” she wrote Monday on X. “If the Liberals go down this path, we need an election to be called immediately.”
On Tuesday, Blanchet responded to Smith’s comments to reporters by saying he found her remarks “funny,” adding that “Canadians are suddenly very interested in us.”
As for Trudeau, his woes continue to mount. LifeSiteNews recently reported how national elections campaign director for Canada’s federal Liberal Party announced he was stepping down because, according to sources close to the party, he does not think Trudeau can win a fourth consecutive election.
Recent polls show that the Conservatives under Poilievre would win a majority government in a landslide in an election held today. Singh’s NDP and Trudeau’s Liberals would lose a massive number of seats.
From LifeSiteNews
Trudeau’s Liberals lost yet another by-election in a ‘safe’ riding, garnering just 27.2 percent of the vote. The seat, which has been held by the Liberals since its creation in 2015, was won by the Liberals with 42.9 percent of the vote in 2021.
Prime Minister Justin Trudeau claimed Canadians need to understand what is “at stake” after his Liberal Party lost yet another byelection in a supposedly “safe” Liberal area.
After the last votes were counted early Tuesday morning, results from the Montreal-area LaSalle–Émard–Verdun riding byelection held on Monday had Bloc Québécois candidate Louis-Philippe Sauvé beat out Liberal candidate Laura Palestini by a slim margin.
The Bloc’s Sauvé garnered 28 percent of the vote, while the Liberal’s Palestini rang in with 27.2 percent of the vote. While the margin of loss was slim for the Liberals, the drop-off is significant considering the Liberals handily won the riding with 42.9 percent of the vote in 2021.
In third place was New Democratic Party with 26.1 percent of the vote, while the Conservatives came in an expected fourth place with 11.6 percent.
Speaking with reporters Tuesday morning, Trudeau, instead of taking blame for his Liberal Party’s increasing unpopularity and recent byelection upset losses, claimed that Canadian voters just need to be more “engaged.”
“We need people to be more engaged. We need people to understand what’s at stake in this upcoming election,” he said, referring to the looming 2025 election, which at this point could feasibly be called early.
“Obviously, it would have been nicer to be able to… win… but there’s more work to do and we’re going to stay.”
Last Friday, Trudeau boasted to reporters that he could not “wait for the conversations we’re having in LaSalle-Émard-Verdun.”
“I can’t wait to welcome Laura Palestini to Ottawa,” he added at the time.
The LaSalle–Émard riding, until Monday, had been under Liberal hands since it was created in 2015. Trudeau’s former minister of justice, David Lametti, was its MP until he resigned earlier this year.
Monday’s Liberal byelection loss is the second shock defeat for Trudeau’s party in just over two months. In June, the Conservative Party won a by-election in a longstanding Liberal stronghold riding in downtown Toronto.
The most recent loss suggests that Trudeau’s Liberal government is indeed hanging on by a thread, as suggested by all recent polls which have shown that Pierre Poilievre’s Conservative Party is set to win big when the next federal election takes place.
The souring of voters to the Liberal Party under Trudeau comes at the same time that even some of his MPs are turning on him. Last week, LifeSiteNews reported on how Liberal MP Alexandra Mendès, who serves as the assistant deputy speaker of the House of Commons, became the first in the party to publicly call for Trudeau to resign, saying directly that he is not the “right leader” for the party.
The Trudeau resignation call comes amid Trudeau losing support from the socialist NDP to keep him in power. NDP leader Jagmeet Singh pulled his official support for Trudeau’s Liberals two weeks ago.
Poilievre has promised that at “earliest possible opportunity” he will bring forth a non-confidence motion against Trudeau’s Liberal government which, if successful, would force an immediate election.
Economy
If Canadian families spent and borrowed like the federal government, they would be $427,759 in debt
From the Fraser Institute
By Grady Munro and Jake Fuss
If the median Canadian family spent and borrowed like the federal government, they would already be $427,759 in debt and continuing to borrow, finds a new study published today by the Fraser Institute.
“If the median family in Canada spent and borrowed like the federal government, they would be in serious financial trouble,” said Grady Munro, a Fraser Institute policy analyst and co-author of Understanding the Scale of Canada’s Federal Deficit.
The $39.8 billion deficit expected by Ottawa in 2024/25 represents the 17th consecutive annual federal deficit, with continued deficits expected into the foreseeable future, eventually resulting in higher taxes for Canadians.
Continuous annual borrowing by Ottawa to finance increased spending has driven federal total debt from 53.0 per cent of the economy ($1.1 trillion) in 2014/15 up to an expected 69.8 per cent ($2.1 trillion) in 2024/25.
To put this into perspective, the study’s analysis offers an example of what a median family’s household finances would look like if they were to spend and borrow like the federal government in 2024.
The study found that the median Canadian family in 2024 would spend $109,982 while only earning $101,821, meaning that it would borrow $8,161 just to pay for its normal spending. This $8,000-plus in additional debt is on top of the $427,759 in existing debt the family would already hold based on previous borrowing.
Illustrative of the burden of debt, $11,066 of the family’s income, representing almost 11 per cent, would be spent on just the interest costs of existing debt.
“Unlike most households, where debt is often offset by assets such as a home or investments, the federal government has little in the way of assets to offset its enormous debt,” said Jake Fuss, director of fiscal policy at the Fraser Institute and coauthor. “And it’s important to note that this government debt burden on Canadian families does not include the burden of provincial and municipal government debt, which depending on one’s location, can be significant.”
- For many years the federal government’s approach to government finances has relied on spending-driven deficits and a growing debt burden, causing a deterioration in the state of federal finances.
- While deficits can sometimes be justified in certain circumstances, perpetual spending-driven deficits have become the norm rather than a temporary exception for the federal government. The $39.8 billion deficit expected in 2024/25 is the 17th consecutive annual deficit, and deficits are expected to continue into the foreseeable future.
- Deficits have helped drive federal gross debt from 53.0% of the economy ($1.1 trillion) in 2014/15 up to an expected 69.8% ($2.1 trillion) in 2024/25.
- This increase in the level of federal debt comes with costs and will result in higher taxes on Canadians.
- It may be hard to comprehend the scale of the deficits and debt, so to contextualize the current state of federal finances this bulletin provides an example of what a median family’s household budget would look like in 2024 if it managed its finances the way the federal government does.
- The median family earning $101,821 in 2024 would be spending $109,982 if it spent the way the federal government does. To cover the difference, it would put $8,161 on a credit card, despite already being $427,759 in debt.
- Of the total amount spent, $11,066 would go towards interest on the debt his year. Simply put, a Canadian family that chose to spend like the federal government would be in financial trouble.
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