The Crusty Canuck Podcast - Generational Investments= GENERATIONAL DEBTS!! EP#386

00:00:01.000 A good evening, ladies and gentlemen, it's a beautiful 8th of November, 2025.

00:00:05.220 Coming up to episode 386 of the Krusty Connect podcast.

00:00:08.980 Oh my God.

00:00:09.820 Generational investments equals generational debts.

00:00:13.140 That's right.

00:00:13.620 The past budget is a flop, but the people in power and in parliament voted for it again.

00:00:20.000 Oh my God.

00:00:21.260 What are we getting into?

00:00:23.000 Possible recession, maybe depression.

00:00:24.720 Who knows?

00:00:25.880 All that more coming up to the show, ladies and gentlemen.

00:00:28.040 Listener of your discretion will be advised because we'll make funny faces, swear at our leaders, and of course, you know, just the usual from me.

00:00:34.720 See you in a bit.

00:00:38.920 Hit it, sweetheart. 1.00

00:00:41.160 Because I am hard, you will not like me.

00:00:43.920 Yes, sir.

00:00:47.560 There is no racial bigotry here.

00:00:51.960 There you are always will be working.

00:00:54.120 From Western Canada, this is the Krusty Canuck podcast.

00:01:00.940 A Canadian veteran's point of view on political, social, economic issues, and life.

00:01:07.140 Here's Krusty.

00:01:10.360 That's right, ladies and gentlemen.

00:01:11.360 Welcome to the show.

00:01:12.800 The federal budget has been displayed and they voted on it twice so far.

00:01:17.460 Hi, everybody.

00:01:17.980 I'm your host, Krusty Canuck.

00:01:19.240 Hope you've all had a decent week, weekend, what have you.

00:01:22.340 I know I've been busy.

00:01:23.640 Just reminders, too.

00:01:24.660 If you like and hear what you see, click, like, subscribe, share this content all over your social media platforms.

00:01:29.600 Do not be shy, ladies and gentlemen.

00:01:31.160 Let me know in the comments.

00:01:32.140 Give me a thumbs up wherever you may find me, here on the tube, in Rumble, or anywhere else where you find podcasts.

00:01:37.820 Just look for the Krusty Canuck podcast and you will find me.

00:01:40.760 And if you consider donating, please consider donating.

00:01:43.560 Every little bit helps.

00:01:44.260 I was going over my bills today and I'm out of coin.

00:01:47.320 Oh, my God.

00:01:48.360 That's life for a lot of us Canucks, anyway.

00:01:51.180 Anyhow, ladies and gentlemen, like the title card said, you know, generational investments equals generational debts. 0.99

00:01:56.400 Now, what I got out of the budget was basically just a lot of malarkey, a lot of bullshit. 0.98

00:02:00.500 That's all it was, right? 0.98

00:02:02.280 Like every other budget that's happened since the better part of 2015.

00:02:05.840 Okay, the federal government is going to spend billions more.

00:02:08.740 They're going to borrow billions more and spend billions more.

00:02:10.760 How else do I explain it?

00:02:12.100 You can go through every little fine detail that every economist or every expert, expert, likes to say when it comes to the money in this country.

00:02:20.780 And we just don't have it.

00:02:22.140 We don't.

00:02:23.100 We just don't have it.

00:02:24.140 It's not helping us.

00:02:26.340 It's not helping you.

00:02:27.160 It's not helping your friends, your neighbors, your boyfriends, your girlfriends.

00:02:31.080 It's not helping anybody.

00:02:33.420 Right? 1.00

00:02:33.920 It's just another shit show. 1.00

00:02:38.040 How else do you say it? 1.00

00:02:39.820 Right?

00:02:40.760 Now, I'm a firm believer in funding our military.

00:02:42.760 I'm a firm believer in social programs when people need them and when there's actual revenue out there to generate said programs.

00:02:50.920 Now, they made mentions of cutting public sector jobs, but then miraculously, there's another 63,000 jobs that just come out of nowhere, which is more or less probably part-time and public sector jobs, which comes from the Canadian taxpayer.

00:03:04.340 It doesn't come from the magical money tree in Ottawa or the magical money tree in Quebec.

00:03:08.500 It comes from you and me.

00:03:11.740 That's where it comes from.

00:03:13.420 Okay?

00:03:14.000 Now, you've heard my rambling on about how the federal government is garnishing my wages because of poor tax decisions.

00:03:21.140 Partially my fault.

00:03:22.020 I own some of that, but there's also a good gap in those years where I was unemployed.

00:03:28.620 I didn't have a job.

00:03:30.380 So, how can I pay so much tax for so many months when I wasn't employed?

00:03:36.160 Something to think about, eh?

00:03:37.100 Okay, right?

00:03:38.580 But anyhow, ladies and gentlemen, we don't understand how the tax code works because there's probably 3,600 pages in the Canadian tax code.

00:03:50.040 I think there's more going to be added sometime in the near future.

00:03:52.980 Who knows?

00:03:53.880 Depending how much more money the government needs from you and I.

00:03:57.380 Okay? 1.00

00:03:57.660 But this budget has promoted nothing but virtue, nothing but crap, nothing but garbage. 1.00

00:04:01.940 Just another excuse to spend more and more and more. 0.99

00:04:05.360 To spend, not to save because when you're supposed to budget, you're supposed to budget what you have on a daily or on a weekly or a bi-weekly or a monthly or a quarterly or a yearly basis.

00:04:18.780 Okay?

00:04:19.220 And what I got out of that budget was there was nothing really meant to be saved.

00:04:23.320 Oh, we're going to help the LGBTQ plus alphabet people.

00:04:27.180 We're going to toss 600 million here.

00:04:29.060 We're going to put more money in infrastructure.

00:04:31.100 We're going to put money in our military because they're going to buy the 12 new subs from South Korea.

00:04:35.360 So, between now and 2035, we're going to have 12 submarines in the water.

00:04:40.340 Oh, my.

00:04:41.340 That's great.

00:04:43.060 And whatever upgrades are going to have the military, too.

00:04:45.120 But chances are they're probably going to claw back that and find some excuse not to fund our military.

00:04:49.240 Right?

00:04:50.160 Yeah.

00:04:51.680 Excuse me.

00:04:53.400 Nothing surprises me.

00:04:54.900 So, when I look at this budget, when I hear what they were talking about in regards to programs for this country,

00:05:00.840 how they're going to invest, generational investments, the thing is, is that you're not investing.

00:05:07.420 Okay?

00:05:08.080 It's not up to the government to invest in things.

00:05:11.360 It's up to the government standing the hell out of the way.

00:05:14.360 Okay?

00:05:14.820 And letting other people invest.

00:05:17.060 Right?

00:05:18.600 Letting other companies invest.

00:05:20.460 Foreign interests.

00:05:21.340 They want to come to Canada and do business in Canada.

00:05:23.780 Hey, I'm all for it.

00:05:25.000 But then again, we've got red tape issues in this country.

00:05:28.800 Bill C-69.

00:05:30.520 You know, the old pipeline ban.

00:05:31.760 I remember when they passed that, they talked about the gender parity and the gender impact when it came towards it.

00:05:37.480 Right?

00:05:38.060 Because they were fearing for the lives of women when it comes to building things. 0.72

00:05:43.220 Interesting.

00:05:44.000 You know, to say the least.

00:05:44.880 But I had a chuckle because at the time I was working with two females at the feedlot that had welding qualifications. 1.00

00:05:52.540 So, they weren't worried.

00:05:55.160 They would love a welding job on the pipeline.

00:05:57.680 Right?

00:05:58.280 But, of course, the government always thinking ahead, thinking for our benefit and thinking how safe they're going to make us.

00:06:03.620 Right?

00:06:04.160 How much richer because they're going to give us generational investment, which is going to turn in generational debts.

00:06:09.740 Because my nieces and nephews are going to be paying for it and their children are going to be paying for it.

00:06:13.400 Oh, my. 1.00

00:06:14.280 Well, smack my ass and call me Judy. 1.00

00:06:16.920 What did you know, eh? 1.00

00:06:18.040 And in regards, you know, just the buffoonery they have presented to us yet again.

00:06:27.340 The sheer audacity.

00:06:29.800 Right? 1.00

00:06:30.260 They all think we're stupid, ladies and gentlemen. 1.00

00:06:32.100 Not to mention a couple of politicians that were rumored to cross the floor. 0.99

00:06:35.200 Now, one crossed the floor that Michael Detremont, I think he was, out of Nova Scotia, you know, about a month ago was saying how the carny regime, how the carny mentality is going to make us go broke.

00:06:46.180 Okay?

00:06:46.800 There's footage about him out there saying that.

00:06:48.960 He's sitting in the House of Parliament he had a cast on.

00:06:51.320 I guess he had a boo-boo or something.

00:06:53.140 But he just crossed the floor just recently.

00:06:56.580 You know, and they welcome him in open arms.

00:06:58.260 So, who knows?

00:06:58.820 Maybe they had better cookies or something. 0.55

00:07:00.580 Maybe they had some better ideas.

00:07:01.900 Maybe they'll give him, you know, slap and tickle for his pickle.

00:07:04.520 Who knows? 1.00

00:07:06.140 But, ladies and gentlemen, it's like every time we turn on the tube and we listen to our federal government, it's the same old shit again. 1.00

00:07:13.360 Generation investment. 0.99

00:07:14.300 We're doing this for you.

00:07:15.880 We're investing for you.

00:07:17.700 Investing.

00:07:18.260 We are investing.

00:07:19.380 You're taking our money.

00:07:20.560 You're investing it in places over there.

00:07:23.280 You're taking our money and you're investing it here.

00:07:25.920 And in this country, in that country, in this noble cause, in that noble cause, here's a noble cause.

00:07:32.180 How about Canadian democracy?

00:07:34.480 Here's a noble cause.

00:07:35.760 How about putting it to our military properly?

00:07:38.320 How about putting it to veterans and seniors?

00:07:40.260 How about increasing the Canada pension and the OAS?

00:07:43.700 How about increasing that?

00:07:45.260 How about stop taxing those pensions?

00:07:47.640 There's an idea. 0.99

00:07:48.480 And if you're going to cut public sector jobs, you cut right from the fucking top. 0.98

00:07:53.700 That includes public union representatives, too. 1.00

00:07:57.460 Those slimy little bastards. 1.00

00:07:59.560 Yeah, you know who the guy, you know who you guys are. 1.00

00:08:02.200 Right?

00:08:02.680 All these public union masters calling the shots and telling people what they should believe in.

00:08:08.040 Right?

00:08:08.900 Cut from the top.

00:08:10.640 Like I've said before, ladies and gentlemen, you know, in order to save the milk, you really got to cut the cream.

00:08:16.920 Right?

00:08:17.500 That way, everybody gets a piece of the glorious pie.

00:08:21.020 But what do we know?

00:08:22.000 Right?

00:08:23.200 Stay updated.

00:08:24.420 And follow Christy Canuck on Facebook, Twitter, Gap, Telegram, YouTube, and Podbean.

00:08:30.780 Subscribe today and donate at KrustyCanuck.ca.

00:08:38.200 And you're back.

00:08:39.160 The Krusty Canuck Podcast, ladies and gentlemen.

00:08:41.200 Episode 386.

00:08:43.020 Generational investments equals generational debts.

00:08:45.980 Hi, everybody.

00:08:46.600 Once again, I'm your host, Krusty Canuck.

00:08:48.600 Hope you're enjoying the show.

00:08:49.980 Pardon my tardiness.

00:08:51.120 Just a reminder, too, if you like and hear what you see, click like, subscribe, share this podcast.

00:08:55.000 All of your social media platforms.

00:08:57.040 If you feel like donating, please, I consider, I would really, really.

00:08:59.540 I could use a hand, but I'm not going to harp on that.

00:09:03.900 If you want to donate, donate.

00:09:05.160 Links are in the description for you, ladies and gentlemen.

00:09:07.400 Don't hesitate.

00:09:08.100 I'm not asking for thousands of dollars, but every little bit helps.

00:09:11.760 If I could get at least maybe 100 of my subscribers, you know, at least 100 of my subs or even more,

00:09:18.180 maybe tossing five bucks a month, that would help me a big deal, too.

00:09:21.760 That would be a big, big boost.

00:09:23.260 But do what you can, ladies and gentlemen.

00:09:25.100 Anyhow, let's carry on with this episode.

00:09:26.920 I've got a nice little monologue from Brian Lilley.

00:09:29.880 And I got a couple of segments from Northern Perspective, Ryan and Tanya's show.

00:09:34.120 They're good people.

00:09:34.800 Check out Northern Perspective, ladies and gentlemen.

00:09:36.820 They're going to talk to Ryan Tetrisano, the director of the Canadian Taxpayers Federation. 0.99

00:09:41.280 And he's going to summarize as best he can the idiocy of our budget.

00:09:45.700 So I'm just going to queue up the Brian Lilley thing here for you.

00:09:48.340 And like I say, ladies and gentlemen, you guys decide, as always, you know, when I put these clips on,

00:09:54.680 I expect my audience just to think for yourselves and as we should, because mainstream media has done one hell of a rotten job in making things sensible.

00:10:05.700 They used to at one time.

00:10:06.940 I remember when he actually used to watch the news and it was actually kind of fun to watch the news, you know, just to see what was going on in the world. 0.99

00:10:13.880 But of course, they got too many assholes calling the shop. 0.96

00:10:16.560 But like I said, this is Brian Lilley talking about the floor crossing and his take on the budget. 0.99

00:10:21.140 Crossings, resignations and drama.

00:10:23.460 Oh, it's out of control up in Ottawa.

00:10:25.520 Hi, I'm Brian Lilley, political columnist for the Toronto Sun.

00:10:28.860 How bad are things going with the drama off Parliament Hill?

00:10:32.420 Well, so much so that people are falling for fake posts about fake MPs, fake crossing the floor.

00:10:37.880 This all started because Chris Dantremal, the lone Conservative MP from Nova Scotia, decided to cross the floor and join the Liberals on Tuesday.

00:10:46.800 He did this because he said he liked what the government was doing with the budget, even though it's exactly the opposite of what he called on them to do just a few weeks ago.

00:10:54.320 But I digress. Then on Thursday, Matt Jenneru, a Conservative MP from Edmonton, who some say was speaking to PMO, announced that he's resigning to spend more time with his family.

00:11:05.260 When that resignation will take place, we're not quite sure.

00:11:08.540 So despite the fact that Mark Carney delivered a stinker of a budget this past week, all the focus is on the Conservatives and problems with them.

00:11:17.200 Yeah, let's focus on the opposition, not the guys in power that can actually change policy.

00:11:23.460 So up comes this post claiming that breaking Conservative MP from Nova Scotia, Randy Leahy, who represents the riding of Springvale J-Rock, is crossing the floor from the Conservatives to the Liberals.

00:11:36.400 This caught an awful lot of people off guard.

00:11:38.380 They're like, wow, some were excited. Some were saying, I hope it's true.

00:11:41.300 Some said it was true. Look, proof, Pierre Polyev is in trouble.

00:11:44.680 Well, here's the problem. There is no Conservative MP from Nova Scotia called Randy Leahy.

00:11:50.240 There is no riding called Springvale J-Rock.

00:11:53.240 This guy in the photo, that's Canadian actor Rob Webber, who played Ricky on Trailer Park Boys.

00:11:59.360 And this whole post is filled with references to the Trailer Park Boys.

00:12:04.420 This is a joke, and people are falling for it because the feeding frenzy in Ottawa is out of control.

00:12:10.140 Meanwhile, as I said, we've got a stinker of a budget so bad that Fitch Rating Agency has put out a statement saying that if things don't improve, Canada will face a downgrade in the future.

00:12:21.760 Let me read to you from it.

00:12:22.880 While Canada's rating is broadly stable, persistent fiscal expansion and a rising debt burden have weakened its credit profile and could increase rating pressure over the medium term.

00:12:33.140 This may be exacerbated by persistent economic underperformance caused by tariff risks and structural challenges, including low productivity.

00:12:41.860 Look, I know that Trump and the tariffs and the trade uncertainty is hurting, but look at that key phrase there, persistent underperformance, persistent economic underperformance.

00:12:53.120 That doesn't come about because tariffs were introduced a few months ago.

00:12:56.480 This has been years in the making, and it is our own fault.

00:13:00.260 It's our own bad policy choices that this government is not turning around.

00:13:04.940 So this is a real problem.

00:13:06.940 What happens if our credit rating is downgraded?

00:13:09.740 Well, we're borrowing $78.3 billion to fund the deficit this year.

00:13:15.580 We've got a multi-trillion-dollar-plus debt already.

00:13:20.600 Paying for all of that is going to become more expensive.

00:13:22.720 We will pay higher interest rates on our borrowing, and that means less money available for government services.

00:13:30.220 This is a real problem.

00:13:32.240 And I know that the Kearney government says that they will get spending under control next year.

00:13:38.160 Well, it turns out I'm not the only one that doesn't believe them.

00:13:41.700 Here's what Fitch had to say about that.

00:13:43.860 The Canadian government has a track record of upward deficit revisions with subsequent budget updates consistently worse than prior projections.

00:13:52.340 What does that mean?

00:13:53.360 They keep saying, well, we'll have a $40 billion deficit or $42 billion, and then it's $78 billion.

00:13:59.080 This is something that has happened consistently over the years.

00:14:03.500 Maybe we thought it was just Christy Freeland when she was Justin Trudeau's finance minister, and yet still happening with Mark Carney.

00:14:09.940 And despite him saying that Justin Trudeau's annual spending growth of 8% was too much, well, his spending growth is 7.2% this year.

00:14:18.160 Do you really think he's going to be able to bring that down?

00:14:20.700 I don't think so, and Fitch doesn't think so.

00:14:23.060 And this is a problem for Canada going forward.

00:14:26.020 Let me know what you think.

00:14:27.480 Drop a comment down below.

00:14:28.800 Share this on social media.

00:14:30.560 And don't forget to subscribe to our channel.

00:14:34.460 Oh, my God.

00:14:36.520 $78 billion.

00:14:39.060 $78 billion.

00:14:41.480 Okay?

00:14:42.220 That's just for this year.

00:14:43.740 That's not for 10 years down the road or for the next 10 years.

00:14:46.500 That's the big generational investment they're talking about.

00:14:49.940 That's right.

00:14:50.400 So sit on back and open up your wallet.

00:14:52.380 Put your feet up and give yourself a little slap and tickle for the government's pickle, eh?

00:14:55.580 Wouldn't that be nice?

00:14:57.320 Oh, yeah.

00:14:57.920 Sit on back.

00:14:58.640 Have yourself a good time.

00:15:00.460 Right?

00:15:01.060 Hopefully, you might be eating soup or macaroni.

00:15:04.760 Right? 1.00

00:15:05.180 All because these ass clowns want to keep borrowing and keep spending. 1.00

00:15:09.640 But is it for Canada? 1.00

00:15:10.940 Is it for us?

00:15:12.560 Is it for any specific province?

00:15:15.460 No, it's Ottawa's great idea is yet again.

00:15:18.280 Yet again to give away all these wonderful things.

00:15:21.000 Now, they talk about the whole generational investment when it comes to the infrastructure

00:15:25.960 in this country.

00:15:27.460 Right?

00:15:27.660 When it comes to the investing in our resources to markets.

00:15:36.620 But there's no real plan, is there?

00:15:38.880 You and I both know that. 0.89

00:15:39.920 We're not stupid. 0.97

00:15:40.940 We're not idiots. 0.99

00:15:41.740 We're not morons. 0.99

00:15:43.960 Right? 0.98

00:15:44.220 And when you look at the social strife because of this government, and I know I go on too

00:15:51.780 many times blaming the liberals and blaming this, but you want to know who's all responsible

00:15:56.820 for what's going on in Ottawa.

00:15:58.900 Everybody that works there.

00:16:01.380 Doesn't matter if the opposition.

00:16:03.660 Doesn't matter if it's, you know, an assistant who helps this MP or that MP. 0.99

00:16:08.500 They all can't get their shit together. 0.99

00:16:12.580 This country is failing. 1.00

00:16:15.560 Okay?

00:16:16.200 It's a failing grade.

00:16:18.380 We can't look after veterans and our seniors properly, but we can sure as hell hand money

00:16:23.200 to people that come across the ocean or fly here and set up a good life.

00:16:29.080 We can make excuses for child harmers who have material that's suggestive.

00:16:35.860 And our Supreme Court can say it's unconstitutional to put them in jail.

00:16:40.840 Yet they can't say it's unconstitutional for the federal government to lock up protesters fighting

00:16:46.100 for the freedom of this land.

00:16:48.340 Right?

00:16:49.040 You've got politicians in British Columbia that are complying to old land claims and old

00:16:55.420 identities and old animosities.

00:16:58.020 Right?

00:16:58.720 You've got politicians in all of our provinces that would sooner outsource materials to build 0.74

00:17:03.920 things for Canadians rather than put Canadians to work.

00:17:07.680 An example, as I mentioned in my last episode, Davey Eby talking about Team Canada sticking

00:17:12.380 it to the big bad orange man.

00:17:14.620 You know, let's buy a Canadian.

00:17:16.200 And yet he wanted a billion dollars to buy ferries from China.

00:17:22.500 Really, eh?

00:17:24.000 Eh?

00:17:24.380 That's what happens when you get these quasi-socialists calling the shots.

00:17:27.920 These so-called activists.

00:17:29.180 These so-called leaders.

00:17:29.960 These utopians who think everything's going to be magical if you keep borrowing and borrowing

00:17:34.580 and spending and spending.

00:17:36.420 Right?

00:17:36.660 Did Maggie Thatcher say back in the 80s, the only problem with socialism is that you run

00:17:40.780 out of other people's money?

00:17:42.460 Hmm?

00:17:43.600 Well, I'm running out of money.

00:17:45.000 My wife's running out of money. 1.00

00:17:47.560 Right?

00:17:48.120 I just got paid the other day.

00:17:49.560 And after I paid my share of the bills, I've got squelch.

00:17:54.020 I've got overdraft, thankfully.

00:17:55.160 I'll put gas in my tank, put a couple of groceries, a bit of groceries in my fridge.

00:18:02.280 Right?

00:18:02.520 Keep my cell phone on, keep these lights on.

00:18:05.200 Keep me doing this wonderful podcast, ladies and gentlemen.

00:18:09.340 Right? 1.00

00:18:10.000 While those bastards in Ottawa sit around and have their cake and eat it too. 1.00

00:18:15.080 And while they're sitting there munching away at the cake and licking the icing off the 1.00

00:18:18.960 spoon, they're fucking the bakery. 1.00

00:18:22.460 Stay updated and follow Krusty Canuck on Facebook, Twitter, Gap, Telegram, YouTube, and Podbean. 1.00

00:18:31.040 Subscribe today and donate at KrustyCanuck.ca.

00:18:37.580 And you're back, ladies and gentlemen, to episode 386 of the Krusty Canuck podcast.

00:18:41.740 Generational investments and equals generational debts.

00:18:46.000 That's right.

00:18:46.340 I'm your host, Krusty Canuck, ladies and gentlemen.

00:18:47.500 And if you like and just like and hear what you see, please click like, subscribe, share

00:18:51.740 this content on your social media platforms.

00:18:53.400 Do not be shy, ladies and gentlemen.

00:18:55.080 And if you feel like donating, please consider donating today.

00:18:57.440 Links will be in the description as long as my, uh, the article there from Mr. Brian

00:19:02.480 Lilly.

00:19:02.940 And I'm going to play the article here on the article, the video part of the video for my

00:19:07.440 friend, uh, Ryan and Tanya, Northern Perspective with a talk to Ryan Tetrazzano from, uh,

00:19:13.860 Canadian Taxpayers Federation.

00:19:14.960 Tries to summarize it.

00:19:16.960 I'm not gonna play the whole thing, but I'll leave this in the description for you, ladies

00:19:19.560 and gentlemen.

00:19:21.040 And, uh, you decide as always, every time I present other media here, it doesn't matter

00:19:25.340 if it's from my friends or people I've met or independent media or even mainstream media.

00:19:30.340 Always think for yourselves, ladies and gentlemen, when it comes to these individuals, you know,

00:19:36.680 when it comes to these individuals that put any story up, I'm not disenfranchising what

00:19:41.300 Ryan and Tanya have to say.

00:19:42.180 They're great people.

00:19:42.800 I've had many a conversation with them.

00:19:44.960 I've been a guest on their show a couple of times, uh, but you know, just really listen

00:19:49.160 to it and formulate your own opinion because a lot of these dinks in Ottawa, and like I

00:19:55.580 said, it doesn't matter what cut, uh, cloth or cut from everybody's got their own special 0.77

00:19:59.920 interests when it comes to our money.

00:20:02.120 And when it comes to our image and Ottawa has tarnished our image for long enough.

00:20:08.980 So you decide folks.

00:20:11.600 So I'm sure Canadians across the country appreciate that insight.

00:20:14.780 Now let's get into this.

00:20:16.960 So from what I understand, the main numbers that are rattling around in my brain are $141,

00:20:25.740 I'm sorry, $141 billion in additional spending, almost an $80 billion deficit, and our debt

00:20:34.480 servicing costs or our interest payments on our debt is now eclipsing that of the healthcare

00:20:40.900 transfer.

00:20:41.340 So those are the, the, the numbers that stuck out to me.

00:20:44.300 And those are just draw jaw dropping because in, in the fall, the liberals were so embarrassed

00:20:51.480 to table a fall economic statement that showed a $62 billion deficit that they wouldn't even

00:20:57.940 speak to it.

00:20:58.980 They refuse to talk about it.

00:21:00.540 They just dropped it on the table and left.

00:21:02.980 And then we heard these whispers throughout the house of commons, um, on, on parlaview on,

00:21:08.800 on, on, on live broadcast of 62 billion, 62 billion.

00:21:12.080 Like everyone was just in shock about that.

00:21:14.980 And now, now we're 30% higher than that.

00:21:18.720 And the liberals are standing up and applauding that.

00:21:20.940 So give us your sense of what's in the budget and what are Canadians to think?

00:21:28.760 Ryan, you actually picked out the numbers that you picked out are actually, I think really

00:21:33.280 the key points, right?

00:21:34.940 Debt is up, debt is spiraling out of control.

00:21:38.140 And that's because spending is spiraling out of control.

00:21:40.840 And what's the major effect of that, both of that happening, more money being wasted

00:21:45.520 on debt interest charges.

00:21:46.760 So those three numbers that you picked out, Ryan, I mean, fantastic job.

00:21:50.720 You weren't even in log up for three hours, but you came to the same conclusion that I

00:21:54.460 did.

00:21:54.660 I mean, look, let me just kind of go over a couple of those things.

00:21:57.900 I mean, the government is borrowing about $80 billion this year.

00:22:02.180 Like this is nuts.

00:22:04.820 This is unacceptable.

00:22:06.520 Okay.

00:22:06.840 It's completely unacceptable that you have a deficit around $80 billion.

00:22:10.660 And now Ryan, I mean, I'm sure you saw the parliamentary budget officer's comments in

00:22:15.900 committee about a month ago, right?

00:22:18.220 Well, he was saying words like unsustainable, stupefying, shocking, something is going to

00:22:22.700 break.

00:22:23.580 And he was talking about a deficit of $68 billion, right?

00:22:27.620 That's what his report forecast about $10 billion less than the actual deficit this year.

00:22:32.220 Now, Ryan, I'll get into spending in a second here, but I want to hone in on interest charges.

00:22:38.540 Okay.

00:22:39.100 $56 billion this year, more than a billion dollars every week, right?

00:22:44.120 That's a brand new hospital.

00:22:46.040 Poof, gone.

00:22:46.820 Every single week because that money's going to the bond fund managers on Bay Street to

00:22:50.640 pay interest charges on the Carney government's debt.

00:22:53.420 Now you're right, right?

00:22:54.740 The government is now wasting more money paying interest on the debt than when it sends to the

00:22:58.400 provinces and healthcare transfers.

00:22:59.900 But let me put another little angle on it here.

00:23:02.640 Okay.

00:23:02.860 Think about this the next time you're waiting in line at the checkout.

00:23:05.880 Okay.

00:23:06.360 Every dollar that you are paying in federal sales tax this year is going to go to pay interest

00:23:11.920 on the debt.

00:23:12.860 Every dollar.

00:23:15.700 Now let's just think about that because the whole point of the GST in its inception, wasn't

00:23:21.620 that to start paying down the debt?

00:23:24.140 Well, you know what too?

00:23:26.880 And you know what actually happened in the nineties that allowed the government to balance

00:23:31.660 the budget in three years, massive deficit in the, in, in the mid nineties.

00:23:35.220 And they ended up balancing it within three years.

00:23:37.520 They weren't able to actually balance the budget until they cut spending.

00:23:40.660 And that's what always happens, right?

00:23:42.980 You give them more revenue.

00:23:44.320 They're just going to find new pet projects to waste your money on, right?

00:23:47.800 It's never a lack of money from taxpayers.

00:23:49.900 That's the problem.

00:23:50.680 It's always the spending problem, right?

00:23:53.320 The spending is the same always, and it's always spending.

00:23:56.660 And I think that's a great way to segue into this.

00:23:59.760 Like, think about this.

00:24:01.240 Everyone knows that the Trudeau government was a disaster when it came to out of control,

00:24:06.560 reckless spending.

00:24:07.780 Everyone, right?

00:24:08.800 Everyone knows.

00:24:09.500 Even a liberal MP would have to acknowledge it.

00:24:11.420 I mean, they doubled the debt in a decade, right?

00:24:14.040 Gross.

00:24:14.400 Well, this year, prime minister, Mark Carney, the financial guru, right?

00:24:19.520 The man with the economic plan, he is going to spend $581 billion this year.

00:24:25.680 That's $38 billion more than what the government spent last year.

00:24:30.460 Can you believe that?

00:24:32.320 Right.

00:24:32.700 Spending $38 billion more than what the Trudeau government spent last year.

00:24:37.640 Like what, like for what?

00:24:39.300 Well, and this is the problem because I listened, didn't fall asleep.

00:24:46.620 I listened to Francois Philippe Champagne's speech as long as it was.

00:24:51.360 And all the sense that I kept getting is if you don't agree with our budget, then you don't

00:24:57.540 believe in Canada.

00:24:59.240 That's basically what he was trying to say.

00:25:01.980 And I'll just leave, ladies and gentlemen, I will leave the link in the description for

00:25:07.820 you as promised.

00:25:10.100 But yeah, I caught that part of the budget.

00:25:12.500 You don't believe in Canada if you don't agree with this budget.

00:25:15.060 Oh, you don't believe in this.

00:25:16.560 Oh, you're a bad person if you don't do this. 0.98

00:25:18.980 Oh, you're a racist if you say this. 0.98

00:25:20.940 If you don't agree with us, then you'll believe in Canada. 0.96

00:25:25.980 Mr. Francois Philippe de Champagne, Frankie Bubbles.

00:25:30.140 Mr. I'm Frankie Bubbles.

00:25:31.600 I know it's good.

00:25:32.420 I'm a lawyer.

00:25:33.440 I got a message for you, pal.

00:25:36.380 In 2007, I was in Afghanistan.

00:25:40.280 I believed in Canada.

00:25:43.020 I believed in my brothers.

00:25:44.580 I believed in my sisters.

00:25:45.640 I believed in what we were doing over there.

00:25:49.260 I believed in Canada.

00:25:51.720 Part of me still does.

00:25:54.140 It's hard at times, the way things are going, the way our justice system is working, the way

00:26:00.940 our taxation system is working, the way it's more relevant to watch some teenage bimbo on 1.00

00:26:08.580 Instagram shake her body parts rather than just to listen to a guy like myself or my other 0.82

00:26:13.060 friends online when it comes to pleading with people to smart the fuck up.

00:26:18.520 Right?

00:26:18.920 Yeah, we got problems.

00:26:21.320 Yeah, we got some history.

00:26:22.840 Yeah, we have some issues from this decade and from that decade and from this time frame.

00:26:28.240 But this is now.

00:26:30.540 Okay.

00:26:30.960 And this budget has proved nothing.

00:26:32.600 But we're just going to waste more of your time.

00:26:36.240 Yeah, you pay us the big bucks to represent this nation.

00:26:39.680 And you pay us the big bucks to make sure these laws are good to go and we fight on your

00:26:44.460 behalf in Parliament no matter what side of the fence you're on. 0.97

00:26:48.080 But the only thing I'm seeing these clowns fight for is themselves. 0.97

00:26:52.000 They don't care about us, ladies and gentlemen. 0.99

00:26:53.960 They don't.

00:26:55.440 How else do you say it?

00:26:56.840 How else do you promote it?

00:26:58.520 Was my time in the service worth it?

00:27:03.380 To my fellow veterans out there, was your time in the service worth it?

00:27:08.460 I could just hear some boomers now going, well, my father served and my uncle served.

00:27:14.220 Yes, they did.

00:27:15.340 And good for them.

00:27:16.900 But you don't get to take their glory because you didn't put the guts in like they did.

00:27:22.000 Think about that.

00:27:23.260 And you sure as hell didn't put the guts in like I did. 1.00

00:27:26.000 Like my brothers did, like my sisters did during that dirty fucking war. 0.99

00:27:32.560 So maybe you guys better start thinking about that. 1.00

00:27:36.320 What sacrifices have to be made again for Ottawa?

00:27:41.320 Not for me.

00:27:42.560 Not for you.

00:27:43.860 Not for this. 1.00

00:27:45.360 What sacrifices are being made for those clowns in Ottawa? 0.99

00:27:48.820 What sacrifices are these guys making? 0.99

00:27:53.220 What sacrifices is Francois-Frederick Chepain?

00:27:56.960 He's a lawyer.

00:27:58.140 Frankie Bubbles. 0.99

00:27:58.800 What's he sacrificing?

00:28:00.120 What's Mark Carney sacrificing? 1.00

00:28:02.440 What's that ass clown that crossed the floor? 1.00

00:28:04.320 What's he sacrificing? 1.00

00:28:06.540 What's every liberal voter going to sacrifice? 1.00

00:28:10.860 I bet you're sitting, look at your power bill right now going, holy shit. 0.99

00:28:14.260 What have they done the past seven months since the federal election? 0.98

00:28:17.160 What deals have been made?

00:28:19.940 What great advances have come our way because of them?

00:28:24.500 Right?

00:28:25.320 What great advances?

00:28:31.760 Anyone?

00:28:32.660 Anyone?

00:28:33.600 Bueller?

00:28:34.440 Bueller?

00:28:35.440 I think you know what I mean before I blow a gasket, ladies and gentlemen.

00:28:39.200 Anyhow, it's been a while since I included some songs for this podcast.

00:28:42.940 I'm going to include three songs in this podcast.

00:28:45.860 For you guys to listen and download at your leisure, I've included Saxon's Princess of

00:28:51.220 the Night, classic British metal.

00:28:53.120 I really enjoy that song.

00:28:55.360 I don't know what it is. 0.99

00:28:56.100 It just fucking rocks. 0.98

00:28:58.140 There's a remastered version that they've done a few years back. 0.98

00:29:00.840 And you can find it online or find it anywhere you download music.

00:29:03.820 Or for the sake of it, go buy the CD or the LP.

00:29:08.620 Vinyl's back again.

00:29:09.560 So buy it there.

00:29:10.180 Saxon, classic British metal band.

00:29:12.780 Check it out.

00:29:13.680 I've also included KM and FDM.

00:29:15.640 I put them on my show before.

00:29:17.740 Great industrial band.

00:29:19.180 It's a song called Let Go.

00:29:21.260 Facebook is having fun and just being real.

00:29:23.900 And it wouldn't be complete if I didn't include a song from my favorite band of all time, Rush.

00:29:28.200 War Paint, ladies and gentlemen.

00:29:30.360 It's a very, very cool tune.

00:29:32.340 And I'm going to put the lyrical version up for you guys to watch at your own leisure.

00:29:36.160 But really read the lyrics.

00:29:37.460 And Neil Perrick was an excellent lyricist, an excellent writer, an avid reader.

00:29:41.700 That's why they call him the professor.

00:29:43.440 Well, they called him professor.

00:29:44.540 God rest you.

00:29:45.120 God rest your soul, Neil.

00:29:47.260 Anyhow, there's the songs for this episode.

00:29:50.000 And I have been Krusty Canuck on this beautiful 8th of November, 2025, ladies and gentlemen.

00:29:56.640 Remembers Day is coming.

00:29:58.040 So on the 10th, I'm going to do a special episode there too.

00:30:01.000 Might be a later episode, but stay tuned for that.

00:30:04.120 And just reflect on my comrades, my time in the military and whatever else.

00:30:09.380 But like I say, ladies and gentlemen, do what you can.

00:30:11.440 I'll be doing these trying times.

00:30:12.920 Be realistic.

00:30:13.620 Be kind.

00:30:14.120 And I know things don't seem to be, they don't seem to be in that great of a light.

00:30:21.880 But let's fight for the light nonetheless.

00:30:25.340 Let's keep, let's keep going on.

00:30:27.700 Let's keep fighting for what's right for this country, for everybody in Canada, every Canadian.

00:30:32.500 All color, all creed, all shape and size, all identities, all genders, everybody.

00:30:38.160 Okay, ladies and gentlemen, we will overcome this manufactured darkness.

00:30:44.400 We will create the light to kill the manufactured darkness, ladies and gentlemen.

00:30:49.380 And like I always say, humanity and merit wins the day.

00:30:54.000 Take care, and I'll see you as Monday, folks.

00:30:56.160 Bye for now.

00:31:00.660 Hit it, sweetheart. 1.00

00:31:02.860 Because I am hard, you will not like me.

00:31:05.420 Yes, sir.

00:31:09.060 There is no racial bigotry here.

00:31:13.640 There you are all equal in work.

00:31:18.060 This has been another episode of the Krusty Canuck podcast.

00:31:22.020 Stay sane and thank you for listening.

00:31:24.480 From Western Canada, this is the Krusty Canuck podcast.

00:31:32.680 To absent friends, I'll never forget you.

00:31:35.860 Good journeys, brothers and sisters, always.

00:31:39.340 Poor country, pro patria, hua. 1.00

00:31:42.280 And listen, we'll come around this episode of the Krusty Canuck podcast.

00:31:45.660 Good along.

00:31:49.940 Hello.

00:31:55.820 Good along.

00:31:59.440 Good and happy.

00:32:01.000 Good, good along.

00:32:01.900 Good along.

00:32:03.200 Good along.

00:32:03.900 Good along.

00:32:05.500 Bye.

00:32:05.920 Good along.

00:32:06.380 This is the Mahan bless.

00:32:07.180 Good along.

00:32:07.860 Good along.

00:32:08.300 You can.

00:32:08.400 Good along.

00:32:08.800 Good along.

00:32:09.340 Good along.

00:32:09.680 Good along.

00:32:09.920 Good along.

The Crusty Canuck Podcast - November 09, 2025

Generational Investments= GENERATIONAL DEBTS!! EP#386

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