Canada’s $33 Billion Shell Game: Bureaucrats Get Fat While the Country Bleeds

In a quiet move that feels more like a backroom deal than democratic governance, the Canadian government has authorized a stunning $33.1 billion in emergency spending—without a public vote, without meaningful debate, and under the guise of doing what’s “urgently required for the public good.”

Sound familiar? It should. This is what happens when a government no longer feels accountable to the people who fund it.

At the center of this financial flood is Prime Minister Mark Carney, whose government has greenlit this massive injection of taxpayer dollars into the federal machinery, with $178 million earmarked for the CBC—Canada’s increasingly controversial state broadcaster.

But while bureaucracies celebrate and media execs uncork champagne, the country is quietly slipping into economic quicksand.

According to Statistics Canada, the unemployment rate surged to 6.9% in April—the worst we’ve seen since the pre-COVID days of 2016. That means more than just bad headlines. It means families are running out of options, small businesses are closing shop, and communities are bracing for harder times.

And now, the warning lights are flashing on the global stage.

Fitch Ratings, a heavyweight in the world of credit analysis, has issued a stern warning: if the Liberal government’s spending continues on its current trajectory, Canada’s credit rating could take a hit. The agency notes that Carney’s proposed policies will likely expand the already-bloated deficits by an additional 0.4 to 0.8 percentage points of GDP over the next two years—a dangerous detour from what was previously forecast.

Let’s break that down:

Federal deficit in 2025? Projected at $54.6 billion
2026? Still deep in the red, at $43.4 billion

That’s not just reckless—it’s unsustainable.

And remember, this is a minority government. Which means every budget, every bill, every decision will be born from compromise—political horse-trading at its worst. Deals behind closed doors. More spending promised in exchange for votes. Less oversight, more damage.

Meanwhile, average Canadians are tightening their belts, skipping meals, and wondering how the hell they’ll afford housing next year.

There’s no sugarcoating it: we’re being sold out.

Ottawa isn’t budgeting for you. It’s budgeting for itself.

And if you think this is just politics as usual, think again. This is the slow-motion collapse of financial sanity in Canada.