Letters to the Editor, May 13, 2026
MYSTERY MATH
Re “Gains in spring economic update already cashed” (Bryan Passifiume, May 1): The article features a photo of Mark Carney and Finance Minister Francois-Philippe Champagne smiling and clapping over the newly released economic update. However, the budget update reveals that the debt continues to spiral out of control. Carney describes this as the “new world order,” but it appears to be the same old sleight of hand when it comes to national debt and government spending. The projected budget is on track to overspend by a mere $6 billion, a concerning figure under the so-called “new world order.” Fortunately, organizations like the Canadian Taxpayers Federation are adept at calculating the true mathematics behind these numbers, ensuring that the facts are not misrepresented.
Michael McNutt, Mississauga
(Debt and deficits continue to be the Liberal way. Thank goodness we have managed to stand up to the U.S. with an 'Elbows up!' attitude. Please note the sarcasm.)
DROWNING IN DEBT
Re “Liberals’ sovereign wealth fund is just a massive pile of new debt” (Jay Goldberg, May 8): I agree with Pierre Poilievre when he calls it a “sovereign debt fund.” The deficit is growing larger under the Liberal government. It is incredulous to think that an educated banker would believe borrowing money, thereby raising the deficit further, could generate wealth for Canadians. The taxpayer funds this sovereign debt, but since profits are reinvested rather than returned, income tax rises without any benefit to the taxpayer.
Farouk Mohammed, Ajax
(This is magical thinking based on the amount of wealth leaving Canada without being replaced.)
