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“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

Fool Me Once: The Cost of Carney–Trudeau Tax Games (The Bureau)


Last year, Prime Minister Justin Trudeau announced a major capital gains tax hike, only to delay its implementation—a move that triggered a flurry of asset sales before the higher tax could take effect. That maneuver temporarily swelled federal coffers and made the 2024–25 fiscal outlook appear stronger, although Trudeau is no longer around to capture the political benefits.

As it turns out, his successor, Mark Carney, has been able to swoop in and campaign in Canada’s snap election on the back of reversing the very same tax hike. This sequence—proposal, delay, revenue spike, and cancellation—raises serious questions about the Liberal Party’s credibility on tax fairness and economic stewardship ...

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