Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Cathy McLeod: Federal Budget 2021 -- Big spending not a recovery plan

Having a federal budget that continues emergency COVID supports for individuals and businesses is critical, as the pandemic remains unchecked.

The Conservatives have always supported these benefits for obvious reasons. But after waiting two years for the Liberals to table a budget, to learn they are forecasting a deficit of $154.7 billion for 2021-22, and accrued a deficit of $354.2 billion in 2020-21, is beyond disappointing.

To put this into understandable terms, this means the average family now owes $77,000 in federal debt, a burden of $33,000 on every individual in Canada.

This is more debt than all the previous governments of Canada took on in the 150-year history of our nation.

It’s an election-style budget focused on spending, rather than a meaningful plan for recovery that reopens our economy and serves the best interests of Canadians.

I worry how we are going to pay for this out-of-control debt plan without any real stimulus.

The attention-grabbing national child-care program is something the Liberals have been promising for probably 20 to 30 years now, so I meet that proposal with a bit of skepticism. And closer to home, I wonder how the 1% tax on vacant property owned by non-residents is going to impact communities like Sun Peaks.

Many economists have advised that the extra $101.4 billion in promised stimulus spending is unnecessary because the economy is rebounding faster than expected.

What amendments the other parties propose remains to be seen, but I know the Official Opposition will be carefully reviewing and analyzing the 700-page document.

If budget approved:

  • Extends EI sickness benefits to 26 weeks (previously 15 weeks).
  • Adds 12 weeks to Canada Recovery Benefit (CRB) to a maximum of 50 weeks. After July 17, the benefit drops to $300/week (from $500/week).
  • For businesses, extends CEWS and the rent subsidy programs until September 25th
  • A one-time payment of $500 this August for OAS recipients who will be 75 or older as of June 2022.
  • Luxury tax on new cars and private aircraft valued at more than $100,000 and boats worth over $250,000.
  • Carton of cigarettes to rise by $4.

To read the entire Budget 2021:



Popular posts from this blog

It seems the call for blood donors is being responded to, however ... “This effort is a marathon, not a sprint” says Canadian Blood Services

A week and a half ago I wrote the commentary ... “ While the national inventory is currently strong, an increase in blood donor cancellations is a warning sign of potential challenges to maintaining a health inventory of blood ” It was written as a result of talk about a potential blood shortage that would occur if people stopped donating due to the COVID-19 virus. It seems the call to Canadians was responded to, however, as I was told this afternoon ... “ T his effort is a marathon, not a sprint ”. As it now stands now, donors are able to attend clinics which are held in Vancouver (2), Victoria, Surrey, and in Kelowna, so I asked if there any plans to re-establish traveling clinics to others communities - for example in Kamloops, Prince George, Prince Rupert, Revelstoke or Cranbrook, and perhaps further north at perhaps Ft. St. John? According to Communications Lead Regional Public Affairs Specialist Marcelo Dominguez, Canadian Blood Services is still on

FEDLSTED -- Rules will have to relax-- the question is how and when

The media has created a fervour over the mathematical models that allegedly help governments predict the future of Coronavirus infections in the general population. Mathematical modelling has limited use and value. We need to understand is that the data available on Coronavirus (COVID-19) infections in Canada is far too small for statistical reliability. The data available for the whole world is useless due to variables in how nations responded to Coronavirus infections. There is no commonality in steps taken to combat virus spread and no similarity in the age demographics of world nations, so the numbers you see on the daily tracking of world infections are not useful in developing a model of infection rates that can be relied on. Mathematical models of the future spread of Coronavirus are better than nothing, but not a whole lot better.  Mathematical models must include assumptions on virus spreads, and various factors involved. As they are used in projections, a small erro

WUN FEATHER -- can we just put those two names to bed for a while? You can call me an ‘Indian’ and I won't mind. And let's not call the farmers and ranchers ‘Settlers’ anymore

Hey there # TeamCanada !   I can't take it any more! Well, I guess I can, but I don't want to. I want to talk about the names we call each other. My very best friends, and all my Elderly Aunts and Uncles call me an Indian. I have walked into the most magnificent dining hall at the Air Liquide Head office, Quai D'orsay in Paris, France, surrounded by the worlds top producing Cryogenics team, and Patrick Jozon, the President of Air Liquide, has seen me enter the room, and yelled: " Bonjour! There is Warren! He is my Indian friend from Canada! He and I chased Beavers together in Northern BC!" And over 400 people turned to look at me and then they all smiled, and nodded. To most European people, an Indian is an absolute ICON!   The ultimate symbol of North America. They love us. And then, one time I had just gotten married and took vacation days off to take my new wife to meet my Grandmother; I was so proud. But as soon a


Show more