Concern rises over inflationary spending by feds | Power Play with Vassy Kapelos

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  • Опубліковано 4 чер 2024
  • Economists discuss the federal Liberals' pre-budget announcements and whether any new spending could be inflationary.
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КОМЕНТАРІ • 86

  • @user-gt6ks3nf2s
    @user-gt6ks3nf2s Місяць тому +83

    Justin Trudeau is a curse, Canadians are paying for this misfortune and the pain is unlikely to end as long as the the Liberal/ NDP coalition stands.

  • @drbluechipx
    @drbluechipx Місяць тому +102

    More debt than all previous PMs in Canadian history combined.

    • @DrMarkyMark
      @DrMarkyMark Місяць тому +20

      Yes, more spending, more taxes, more registries, and more government in every aspect of our lives!

    • @kanuduh5234
      @kanuduh5234 Місяць тому +21

      46 BILLION in interest payments alone! Mind boggling!

    • @cyb_structure
      @cyb_structure Місяць тому +17

      Absolute insanity

    • @pogsp8849
      @pogsp8849 Місяць тому +16

      And the budget will balance itself 🤯

    • @darrinsteven7002
      @darrinsteven7002 Місяць тому

      AND MORE SCANDALS then the 158 years of Government that came before Justin Trudeau and Chrysta Freeland's reign of Terror on all Canadians.

  • @fredm4197
    @fredm4197 Місяць тому +31

    Canada is a dumpster fire since Trudeau. 17 months to go with this circus.😭

  • @reneedover1863
    @reneedover1863 Місяць тому +48

    Trudeau/Freeland crew need to go!

  • @shivali-03
    @shivali-03 Місяць тому +32

    Finance minister with a history degree? No wonder we are going backwards

  • @joebutler5389
    @joebutler5389 Місяць тому +53

    Canadian need election this year!

  • @simonharris3459
    @simonharris3459 Місяць тому +39

    That ship sailed 8 years ago.

  • @3411519
    @3411519 Місяць тому +20

    This moronic government needs to be stopped

  • @joebutler5389
    @joebutler5389 Місяць тому +44

    No more tax in Canada

  • @lawrencecheung73
    @lawrencecheung73 Місяць тому +15

    Wait....the budget doesn't balance itself ?!?!

  • @sangtaeminam
    @sangtaeminam Місяць тому +33

    Less jobs higher unemployment rate and high tax society recipe for disaster to me

  • @donnarocha4043
    @donnarocha4043 Місяць тому +23

    I'm so scared for Canada 😢 🙏 🇨🇦

  • @VictorHaley-gg7tt
    @VictorHaley-gg7tt Місяць тому +14

    Just met a person in our city only learning English in Canada. No job no post secondary education endeavor, but learning English! Wtf?
    Who started this?

    • @VictorHaley-gg7tt
      @VictorHaley-gg7tt Місяць тому +6

      It's incredible the amount of money Canada's been throwing around without anything to show for it.

  • @joebutler5389
    @joebutler5389 Місяць тому +35

    They only spend taxpayers money!

  • @malcolmhamilton5200
    @malcolmhamilton5200 Місяць тому +11

    Two more experts backing up what the PBO said. Trudeau &Freeland are going to reignite inflation, while adding to the record deficit and debt. A lose/lose situation if ever there was.

  • @robertlaurie7056
    @robertlaurie7056 Місяць тому +25

    FJT

    • @user-je6cy3pu3u
      @user-je6cy3pu3u Місяць тому +1

      West Britain if we have to call it that… or maybe British alumbia?

  • @steve6074
    @steve6074 Місяць тому +19

    Sunny ways

  • @GFRESH636
    @GFRESH636 Місяць тому +14

    mortgage delinquency up by 53% and they are out here sayin oh maybe they will cut rates. The fuq yall smoking?

    • @kennordsfan1494
      @kennordsfan1494 Місяць тому +6

      Rates arent going down anytime soon. Until the Feds spending is drastically reduced we will contiune to see these high rates

    • @GFRESH636
      @GFRESH636 Місяць тому

      @@kennordsfan1494 the bank could, I don’t know like tell the Feds to beat it.

  • @user-gc8qm6hu6k
    @user-gc8qm6hu6k Місяць тому +8

    Trudeau has to go.

  • @rabeasaab7631
    @rabeasaab7631 Місяць тому +6

    Higher taxes? Are you kidding me

  • @EndofDays-7777
    @EndofDays-7777 Місяць тому +10

    😂😂😂 You're 8 years late with your headline ...😂😂😂

  • @wtfmate501
    @wtfmate501 Місяць тому +10

    Actual non-biased, fact focused, news reporting. Thank you.

    • @olliek2837
      @olliek2837 Місяць тому +2

      Can I get what you’re smoking? No rate cuts coming. 🧐

  • @Dracoool
    @Dracoool Місяць тому +10

    Concerns?

  • @ericwhistlecroft2960
    @ericwhistlecroft2960 Місяць тому +5

    Why is this now a story and not 2 years ago?

  • @louiehp2000
    @louiehp2000 Місяць тому +2

    This government is draining Canadian's money. Hopefully, it will properly go to the project intended not into their pockets.

  • @user-vi8ci2bi6b
    @user-vi8ci2bi6b Місяць тому +6

    If there's 5 rate cuts by year's end I will eat my shorts live on UA-cam.

    • @kennordsfan1494
      @kennordsfan1494 Місяць тому +5

      Your safe lol

    • @EyeSee4.8
      @EyeSee4.8 Місяць тому +1

      ​@@kennordsfan1494But we can always hope.

  • @eileengascoyne7936
    @eileengascoyne7936 Місяць тому +5

    Thanks again Vassy for your reporting

  • @hithere8753
    @hithere8753 Місяць тому +4

    Worst PM ever.

  • @ezraestrada4992
    @ezraestrada4992 Місяць тому +2

    Remember this when election comes next year, we forget easily though!

  • @bridgetcarrancho846
    @bridgetcarrancho846 Місяць тому +3

    I will no longer fund this government.

  • @user-be7zh6pe1j
    @user-be7zh6pe1j Місяць тому

    Let’s Go Brandeau

  • @jasonball7300
    @jasonball7300 Місяць тому

    Hey everyone Vassy says let’s have less doctors cause the liberal budget is great!

  • @alessandrosilveira9009
    @alessandrosilveira9009 Місяць тому

    This PM and his incompetence is hurting Canada on a insane way!
    This Sir and his horrible team just destroyed Canada!

  • @LightWorkRev2-9
    @LightWorkRev2-9 Місяць тому +23

    were way past the "concern" part

    • @AdolfTrudeau
      @AdolfTrudeau Місяць тому +11

      ​@@AstroBear11Thank you for the blindfolded support!

    • @rhetorical1488
      @rhetorical1488 Місяць тому +8

      @@AstroBear11 an ostrich has few concerns

  • @JessT-vg7ib
    @JessT-vg7ib Місяць тому +1

    i hope the rates go higher

  • @funkopopssmoked
    @funkopopssmoked Місяць тому +1

    Lol lol with this govenment spending like a drunken sailor I doubt you'll see cuts this year at this point

  • @syedaliabidi1346
    @syedaliabidi1346 Місяць тому

    Tiff is incompetent

  • @TPB82
    @TPB82 Місяць тому +1

    I hope rates fo higher and put more pressure on the rich. Govt only.listens to the rixh ones anyway.

    • @bogeybichon7000
      @bogeybichon7000 Місяць тому

      High interest rates actually hurt the poor the most....be it via higher rents, higher mortgage payments, increased credit card debt or general higher debt payments as a percentage of income.
      Higher interest rates typically HELP wealthy via increased rates of return on fixed rate assets such as GIC's.

  • @JohnsonAlima
    @JohnsonAlima Місяць тому +2

    👍👍I love the grounded reality of this channel! Despite the economic recession, I no longer depend on Government Grants since I acquire $40,400 weekly profits

  • @10secterror
    @10secterror Місяць тому

    Canada is another Cuba!!

  • @garryhaney108
    @garryhaney108 Місяць тому

    Ah, ah, ah

  • @shoelrana9887
    @shoelrana9887 Місяць тому

    🇨🇦🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇨🇦

  • @dsrlenechase774
    @dsrlenechase774 Місяць тому

    Oh really? Surprise surprise Yawn

  • @qc3096
    @qc3096 Місяць тому +5

    Donkey as the price of gas skyrockets, the inflation is lifting up as well, how come you expect to cut rates by any means this year.