Election time makes me shake my head, big promises that never see the light of day or they only add to the over burden debt. Gallivanting around the country to try to persuade votes. What a big waist of money if you ask me.

They need 15 billion for power grid, health care is in major debt and is only increasing, plus, plus, plus. What all the promises mean in the end, your taxes are going up to pay for it all! Canada is actually in debt in the trillions.

The study, Canadian Government Debt 2008, shows that federal, provincial, and local governments have accumulated $791.2 billion in direct debt and more than $2.4 trillion in total government liabilities. Total liabilities include direct debt and programs that the government has committed to provide such as Old Age Security and Medicare (Canada’s public health care system).

http://www.taxpayerblog.com/2008/05/canadas-debt-actually-in-trillions.html

Our inheritance: environmental

degradation and crippling debt

ERIC MACFARLANE
Opinions Writer

As it stands, the government of Canada’s total debt is over $522 billion, or over $16,000 per person. Unfortunately, this does not even include individual debts accrued by each province.

A less conspicuous burden is health care. Previous generations established the principles which ensure universal coverage and comparable service across Canada. But during the last several decades, health care costs have spiraled to unsustainable levels. In the midst of growing obesity rates and diabetes, not to mention statistics suggesting that we will not even live to be as old as our parents, Canada and its provinces are barely able to scrape together enough cash to fund our current, inadequate system.

We will need new programs and funding initiatives aimed at preventive medicine, promoting fitness and healthy eating, as well as subsidies for emerging pharmaceutical treatments.Unfortunately, there is no extra cash on hand for many of these necessary ventures. Instead, baby-boomers seem content with maintaining a system which their own failing health could eventually sink — unless considerable action is taken.

http://thesheaf.com/opinions/2011/01/05/our-inheritance-environmental-degradation-and-crippling-debt/

Friday’s Word of the Day is “health.”

Platform battles

The Liberalsy will maintain the six per cent annual increase in health transfers to the provinces beyond the current end date of 2014.

Leader Michael Ignatieff also said he’s eager to renegotiate a renewal of the health accord with the provinces.
That detail wasn’t in the Liberal platform, which was released earlier in the campaign.
The Conservatives, who released their full platform on Friday, said they would maintain the six per cent annual increase until 2014.

A Conservative spokesman said later Friday that the party would maintain the annual increase beyond 2014, matching the Liberals’ promise.

http://www.cbc.ca/news/yourcommunity/2011/04/word-of-the-day-health.html

Grits commit to 6% annual increases for health care

By Bryn Weese, Parliamentary Bureau

http://www.politico.com/news/stories/0411/52776.html

OTTAWA — Canada’s power grid needs an annual investment of $15 billion over the next 20 years to meet growing demand and to refurbish or replace aging infrastructure, according to a study released Thursday.

Liberals promise to extend health funding

beyond 2014, add billions of dollars

By: The Canadian Press

http://www.winnipegfreepress.com/canada/breakingnews/liberals-promise-to-extend-health-funding-beyond-2014-add-billions-of-dollars-119469744.html

Ignatieff challenges Harper on pledge over

health-care transfers

http://news.nationalpost.com/2011/04/08/ignatieff-commits-to-long-term-health-care-plan/

MS Treatment: Should the federal government fund

exploratory treatments?

TORONTO — Expanding powers for nurses inside Ontario hospitals will save taxpayers money and get patients home sooner, Premier Dalton McGuinty said Friday.

http://toronto.ctv.ca/servlet/an/local/CTVNews/20110408/Ontario-nurses-power-authority-110408/20110409?hub=TorontoNewHome

C$ gains ground on U.S. weakness

http://www.cbc.ca/news/business/story/2011/04/07/canadian-dollar-thursday.html

http://www.bbc.co.uk/news/world-us-canada-13008461

Podcast: Scandal, scandal, scandal

Today on the podcast, reporters Tamsin McMahon and Kathryn Blaze Carlson chat with editorial board member Matt Gurney on the scandals swirling around the election.

http://news.nationalpost.com/2011/04/08/podcast-scandal-scandal-scandal/

Tories come under attack over AG’s

‘shocking’ G8 spending report

http://www.thestar.com/news/canada/politics/article/972725–ignatieff-attacks-tories-for-shocking-

g8-spending-report?bn=1

Canada’s first 2011 rate hike now seen in

July

http://www.financialpost.com/news/features/Canada+first+2011+rate+hike+seen+July/4582565/story.html

Canadian Dollar Fluctuates at Almost

40-Month High Before BOC

http://www.businessweek.com/news/2011-04-11/canadian-dollar-fluctuates-at-almost-40-month-high-before-boc.html

Auditor general slams G8 projects: report

http://www.montrealgazette.com/news/canada/Auditor+general+slams+projects+report/4595338/story.html

Tories come under attack over AG’s

‘shocking’ G8 spending report

http://www.thestar.com/news/canada/article/972725–tories-come-under-attack-over-auditor-general-s-shocking-g8-spending-report

Canadian Dollar Holds To Tight Range

With Firmer US Dollar

http://online.wsj.com/article/BT-CO-20110411-706129.html

The butterfly effect!

http://www.guardian.co.uk/commentisfree/2011/apr/07/butterfly-effect-georgia-armenia-internet

 

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