Author Archives: Generation Screwed

With one trillion dollars of our hard-earned money interest payments, the federal government could have given each Canadian 11 ounces of gold, bought the CN Tower 2’613 times, or become the owner of each of the 31 NHL teams, 42 times.

At a recent student event attended by Bank of Canada Governor Tiff Macklem, students were told that certain monetary policy tools, like Quantitative Easing (QE) could potentially help the post-pandemic economic recovery by spurring demand and ultimately job growth. Unfortunately for taxpayers, this is not the complete picture.

The internet. The great equalizer.
The place where everyone, no matter their position in society, could speak their mind freely and have their voices heard.
Sounds like a great place…for now.
Our guest speakers, Aaron Wudrick from the Macdonald-Laurier Institute and Christine Van Geyn from the Canadian Constitution Foundation discussed the worrisome implications of Bill C-10.

Watch it here:

With governments from sea to sea looking for ways to kick-start the economy, sports team owners are lining up at the trough to try and get more of your hard-earned money.

Deficits seem to be a particularly infectious aspect of the global COVID-19 pandemic and Canada is especially hard hit with the highest proportional borrowing in the world.

But deficit spending is not a pandemic symptom; it’s a chronic illness that’s infected all political parties. And worse yet, it threatens to harm generations to come.

Borrowing money amounts to spending your future. Looking at the federal government’s fiscal trajectory, one may wonder what will be left of our future. For the first time in the country’s history, the federal debt will exceed the trillion-dollar mark. That is nothing to be proud of.

Will government spending dig us out of the COVID-19 crisis?

Is Justin Trudeau really taking on debt so you don’t have to?

Hear from our guest speakers, Matt Bufton from the Institute for Liberal Studies and Franco Terrazzano from the Canadian Taxpayers Federation by watching our recap video for this GS Event.

As Canada’s new finance minister, it’s important for you to hear from young Canadians. Canada’s federal debt is about to hit $1 trillion. Temporary programs are too expensive to go on forever. We need an economic recovery that’s realistic in the long term.

When we think of leaving behind a legacy for the next generation, we envision leaving them a world that’s better ours.

We think of leaving behind a world that guarantees them some sense of security.

But what are we truly leaving behind?

As Canada’s new finance minister, it’s important for you to hear from young Canadians. Canada’s federal debt is about to hit $1 trillion. Temporary programs are too expensive to go on forever. We need an economic recovery that’s realistic in the long term.