By News on the Net -- Nico Lagan——Bio and Archives--November 7, 2026
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But is this the real number?
No it isn't, because this government likes to call spending investing meaning we don't know wha the real deficit is but what we do know is that this budget is calling for a $149.5 billion net financial requirement.
So what do we get for once again living at the expenses of future generations?
Billions and billion more spent on their climate change and net zero nonsense.
Instead of making a deal with the US, this government wants to spend $44 billion in supporting affected workers, ensuring access to financing and equipping companies for growth and diversification...
talk about not addressing the problem they created
CBC gets more money, $300 million over 2 years on top of the almost $1.4 billion they already get every year.
Plus "approved" media could receIve up to $29,750 in tax credit for their so-called qualified "reporters"
a new $32 billion investment over 10 years for first nations housing and infrastructure.
of course the Federal LGBTQI+ Action plan gets more money - $60 million over 4 years on top of the $54.6 million they were already assured in last year's budget.
NATO gets more money.
This government will hire 2,000 additional RCMP personnel and border officers.
Another Federal Budget, Another Massive Deficit We Don't Have The Money For Mark Carney's 2026 532 page long budget titled Masters of Our Destiny is projecting a $62.3B deficit. But is this the real number? No it isn't, because this government likes to call spending investing meaning we don't know wha the real deficit is but what we do know is that this budget is calling for a $149.5 billion net financial requirement. So what do we get for once again living at the expenses of future generations? Billions and billion more spent on their climate change and net zero nonsense. Instead of making a deal with the US, this government wants to spend $44 billion in supporting affected workers, ensuring access to financing and equipping companies for growth and diversification... talk about not addressing the problem they created CBC gets more money, $300 million over 2 years on top of the almost $1.4 billion they already get every year. Plus "approved" media could receIve up to $29,750 in tax credit for their so-called qualified "reporters" a new $32 billion investment over 10 years for first nations housing and infrastructure. of course the Federal LGBTQI+ Action plan gets more money - $60 million over 4 years on top of the $54.6 million they were already assured in last year's budget. NATO gets more money. This government will hire 2,000 additional RCMP personnel and border officers. More money for Ukraine through the defence drone initiative and the defence security and resilience bank CSIS, The Canadian Security Intelligence Service will be getting an extra $6 billion over 10 years + an extra $579.5 million. And of course, $1.6 billion for Cohere. And thank God artists could get a tax break on up to $45,000 of their annual income. But what about regular canadians? Outside of the bill not much. a middle class tax cut that could potentially save a two income family up to $840 this year. 10 cents less per liter gas and 4 cents less of diesel. You might be eligible for the 2027. Canada groceries and Essentials Benefit Supplement. But this one has to be the best thing average Canadians are getting in this budget, our government wants to help you save money by showing you how to manage your budget. Not that's ???? ironic coming from a so called Economic genius that can't balance a budget... So after buying over 42.3% of their income to some type of taxe, the average working canadian gets ???? once again... #canadanews #CanadaPolitics #budget #markcarney #WakeUpCanada
— Nico Lagan (@RealNicoLagan)November 7, 2026
More money for Ukraine through the defence drone initiative and the defence security and resilience bank
CSIS, The Canadian Security Intelligence Service will be getting an extra $6 billion over 10 years + an extra $579.5 million.
And of course, $1.6 billion for Cohere.
And thank God artists could get a tax break on up to $45,000 of their annual income.
But what about regular canadians?
Outside of the bill not much.
a middle class tax cut that could potentially save a two income family up to $840 this year.
10 cents less per liter gas and 4 cents less of diesel.
You might be eligible for the 2027. Canada groceries and Essentials Benefit Supplement.
But this one has to be the best thing average Canadians are getting in this budget, our government wants to help you save money by showing you how to manage your budget. Not that's ironic coming from a so called Economic genius that can't balance a budget...
So after buying over 42.3% of their income to some type of taxe, the average working canadian gets once again...
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