Language Selection

Get healthy now with MedBeds!
Click here to book your session

Protect your whole family with Orgo-Life® Quantum MedBed Energy Technology® devices.

Advertising by Adpathway

         

 Advertising by Adpathway

Matthew Lau: We taxpayers are on the wrong side of the money flows

3 hours ago 8

PROTECT YOURSELF with Orgo-Life® QUANTUM TECHNOLOGY

Orgo-Life the new way to the future

  Advertising by Adpathway

Close up of Canadian flag on dollar banknotes.Activists and others with privilege, to whom money flows under a big government regime, have a clear interest in keeping big spenders in power. Photo by Erman Gunes/Getty Images

Article content

Recent stories about NDP politicians wasting everyone’s money call to mind an observation by philosopher David Berlinski, who in an essay titled “Losing Money” wrote that in addition to the distinction between men and women, “all human beings may be divided into two classes: There are those to whom money flows and those from whom it recedes.” He lamented, “I have always found myself squarely in the second camp, surrounded by others of life’s fiscal losers…”

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Advertisement 1

Article content

Sharing his lament are Toronto residents, unhappy fiscal losers after Mayor Olivia Chow raised property taxes 19.6 per cent in three years. But who is in the first camp, to whom money flows? Typically, privileged friends of those controlling the purse strings. The Toronto Sun reports that in the past few years, city hall has given hundreds of thousands of dollars to a diversity and equity consulting firm whose founders have long, personal relationships to Michal Hay, one of Chow’s top staffers, and Ausma Malik, a left-wing Chow ally and one of her deputy mayors. The founders of the consulting firm are also founding advisors of a municipal activist group that supports Chow and Malik and attacks their opponents.

Article content

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

In the same way, in British Columbia the NDP government has made fiscal losers of the province’s taxpayers with significant increases to a wide range of taxes since coming to power nine years ago, while pushing the budget deficit to $13.8 billion. Many billions of dollars have receded from taxpayers. To whom has the money flowed? Among others, Premier David Eby himself, whose children are in highly subsidized and hard-to-get $10-a-day child care spots. Eby is not known to have done anything unethical to secure his family subsidized daycare but has brilliantly illustrated a key problem with his program: the main beneficiaries of these highly coveted government benefits are the privileged, not the poor.

Article content

Advertisement 2

Article content

The NDP government itself has admitted that securing one of the $10-a-day spaces is like “winning the lottery.” Many parents can hardly find child care at all. According to Statistics Canada, last year 67.7 per cent of British Columbia families using any form of child care said they had had difficulty finding it, up from 46.5 per cent in 2019. In a 2024 survey covering two low-income Vancouver neighbourhoods, survey respondents said, by a wide margin, that their most common child care arrangement was “parental care only.” More than 80 per cent of survey respondents had household income under $50,000. They paid for, but did not benefit from, heavily government-subsidized daycare.

Article content

Article content

Money receding from taxpayers and flowing to the privileged is a hallmark of big government, and not just when the NDP is in power. Last year, journalists at The Trillium found that 63 per cent of the $345 million the Ontario government spent through a round of “Skills Development Fund” grants went to organizations led by donors to the governing Progressive Conservative Party. The largest grant in that round, $14 million, went to a carpenters’ union that endorsed the PC Party and hosted a fundraiser that raised nearly $120,000 for the labour minister’s riding association.

Read Entire Article

         

        

Start the new Vibrations with a Medbed Franchise today!  

Protect your whole family with Quantum Orgo-Life® devices

  Advertising by Adpathway