Saturday, November 25, 2017

Feds: Drunken Sailors!

Who would spend $4.6 million on a skating rink that was to be used for only a couple of months and then removed? How about the Trudeau government? Fine, it is Canada’s 150th birthday and the government thinks Canadians, more specifically the locals in Ottawa and perhaps a few visitors, would like to say they skated on Parliament Hill. Never mind that the Rideau Canal, “the world’s largest skating rink”, is only a few hundred metres away. Let’s spend a few million, after all it is your taxes at work.
Here’s the thing. Canadian household debt has gone through the roof. Here’s a clip from a CBC report; Household debt levels in Canada are higher than those in any country included in a new OECD report, and the organization says it's a major risk to the country's economy.”  (OECD is the Organization for Economic Co-operation and Development).
With that in mind, a concern the government must already know, one would expect that the government may want to set an example linking spending with affordability rather than be spending money like a drunken sailor. (no offence James).

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