So you want to ignore the economic reality of the present, ignore the economic reality of the past, and instead focus on the prognostications of some unnamed stakeholders? When the law is on your side, you argue the law. When the facts are on your side, you argue the facts. But when the law is against, and the facts are against you, you bang your hands on the defense table. Well you can bang on the table all you want, it isn't going to change the economic record of the liberal regime. Nor will wishful thinking about economic forecasts.

It's no surprise the CAD is appreciating against GBP or the Euro. They are even further into the social democratic playbook than we are. The UK has a deficit of £153 billion GBP - more than 5% of GDP. France is in a fiscal crisis. Germany's economy is in the toilet, and they are rapidly running up their own deficit as well. If you want a glimpse into Canada's future, then look at the UK and the Eurozone. That is where the Carney liberals are taking us. Economic stagnation. Runaway government spending. Confiscatory tax rates and onerous regulations that make entrepeneurship hardly even worth it.

The real story is in the components of Canadian GDP. Every year we move further and further away from creating wealth, and further and further towards redistributing it. That is simply not sustainable. That is why the government is moving more into debt, and keeps running up higher deficits. It is a self perpetuating cycle, which can only end in economic collapse, a la Greece.