00:00:00.000I can announce today that we are on track to balance the operating budget next year,
00:00:05.960one year ahead of schedule, while maintaining the lowest overall definition of the 27th.
00:00:19.520Hi, it's John, and welcome to the channel.
00:00:21.760Six o'clock in the morning, Sunday, September the 27th.
00:00:24.900I hope you're having a great Sunday and a fantastic weekend.
00:00:27.260I tip the big blue mug of coffee to you today. And more on that clip off the top in just a moment,
00:00:33.960okay? I think what I'm going to do in post-production is put the letters L-I-A-R
00:00:38.180right across that video because Mark Carney is lying to Canadians. More on that in just a moment,
00:00:43.280okay? Now, I don't want this channel to be a recurring theme of the absolute march of Canada
00:00:50.820to its destruction led by Mark Carney, the Liberal Party in Ottawa, but that's what's going on right
00:00:55.700now. It's impossible to ignore. The material is there day after day after day. A lot of it has
00:01:02.720really wrapped up since Mark Carney and the liberals deep-sixed that deal with the United
00:01:08.560States on trade a few weeks ago. It's all their own fault, and it's the people who support this.
00:01:13.400It's their fault as well. But ladies and gentlemen, the chickens are coming home to roost.
00:01:18.560I foresee what's happening right now almost a year ago. You know, I went back and I knew I'd
00:01:25.560talked about this. There's probably other videos on my channel, but I found a short clip I'm going
00:01:29.300to play for you in just a moment. Last November, as a matter of fact, I think I'm wearing a poppy
00:01:33.460in this video where I predicted what's going on right now. How Carney had created different sets
00:01:39.460of books, operational capital budgets. The capital budget is known as the investment budget. And
00:01:44.480they're cooking the books right now and outright lying to Canadians. They're gaslighting you
00:01:48.340about the state of the economy and budgets and deficits and debt in this country right now.
00:01:54.660And people buy it hook, line and sinker. And here's the thing. This is the game plan, ladies and gentlemen. I did this video last year, November last year. Blame America, bankrupt Canada. It's the liberal thing to do. We've gone from that to anybody who questions what the liberal government are doing right now are called unpatriotic. They're called maple mega or they're called traitors to their country. And that includes the official opposition.
00:02:20.000Anybody who questions Mark Carney, Chairman Mark, is called a traitor to their country.
00:02:25.960This is how it works, ladies and gentlemen.
00:03:17.380that's the other set of books he's got. He's got the operational budget. Then he's got his
00:03:21.860investment budget, which is deficit spending. And it's going to be huge.
00:03:26.580So there you go. They're doing exactly what I said. We had this article pop up
00:03:30.660this week. Carney will miss target for balancing operating budget. PBO says this is from September
00:03:36.34024th. But here's an article from Warren Gunter from yesterday. Carney liberals play fast and
00:03:40.740loose with federal books. Okay. So let's read some of this. Spending, then covering it up.
00:03:46.500That's the only fiscal strategy the Kearney Liberals is good at.
00:03:50.380They will spend an additional $38 billion this year over last.
00:03:54.180The Canadian Taxpayer Federation calculates the federal government will spend $594.8 billion in 2026-27.
00:04:02.580And much of that, nearly $65 billion, will be borrowed money.
00:04:06.060Interest on the national debt, which sits at about $1.4 trillion, will cost Ottawa and taxpayers nearly $59 billion this year.
00:04:13.700That's more than federal health transfers to provinces or total GST revenue, according to the CTF.
00:04:20.200Yet despite all this, the federal liberals keep insisting they will balance the operating budget by 2027-28.
00:04:26.520Prime Minister Carney told his investment summit in Toronto last week
00:04:30.100that means the government's day-to-day expenses will be in balance one year ahead of the schedule they set for balance in last year's budget.
00:04:37.180I can announce today that we are on track to balance the operating budget next year.0.97
00:04:42.960He's lying, and the little lemmings in the audience all clap like this is some kind of great accomplishment.
00:04:54.360The question you have to ask again is, ladies and gentlemen, I think it's a very important question.1.00
00:05:27.020The operating budget pays out health, education, and welfare transfers to the provinces,
00:05:31.780funds senior subsidies and child tax credits most of the civil service's payroll to purchase supplies, rent, and so on.
00:05:38.900Meanwhile, the capital budget is supposed to cover infrastructure, major projects, and anything else that might be considered an investment.
00:05:46.500But according to the PBO, the government plays accounting games with the capital budget.