While the COVID-19 pandemic is ever so slowly moving into the rear-view mirror for Canadians, the economic fallout from the pandemic measures still looms on the horizon.
The whiplash effect through the economy due to on-and-off lockdowns has led to instability that will take years to settle. The cost of living is skyrocketing along with public debt as the federal government tries to borrow and spend its way out of the crisis. The government must get serious about responsible fiscal management soon. If the recently imposed luxury tax is indicative of the depth of the Liberals’ plan to bring about fiscal order, Canada is in some serious trouble….