The Liberals have been using the CPP & QPP's assets in their calculations to show that the federal debt is lower than it is
It's not only creative accounting but a straight-up lie
By News on the Net -- Kirk Lubimov—— Bio and Archives--April 30, 2026
News in Brief—News Headlines | Comments | Back To Full Article
I've been calling this out for years and glad to see it now mentioned on CBC as this lie being parroted by voters all the time.
"we're facing a rising debt-to-GDP ratio, especially when you combine it with the provinces. The government is not only unconcerned about this but presents a kind of a cack-handed way of explaining it, where if you subtract the CPP and the QPP, we have a debt-to-GDP ratio of only 10%.
Well, you can't actually use pension funds to pay off your debts; it's a completely bogus comparison."
The Liberals have been using the CPP & QPP's assets in their calculations to show that the federal debt is lower than it is. It's not only creative accounting but a straight-up lie.
— Kirk Lubimov (@KirkLubimov)April 30, 2026
I've been calling this out for years and glad to see it now mentioned on CBC as this lie being… pic.twitter.com/hROb3ulGQD
Welcome to CFP’s Comment Section!
The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
READ OUR Commenting Policy