Carney’s finance minister has been promising to deliver “generational investments” in this budget — but at the same time, Carney has warned that his plan to transform the economy will involve “sacrifices.” These investments and sacrifices are distributed according to a peculiar logic.
For example: Carney has been publicly wringing his hands over the $10 million he claims Canada Post “loses” every day. In their analysis of that framing,The Breach pointed out that this number (an unusually high estimate) is tiny compared to the $169 million the military spends daily. That hasn’t stopped Carney from slashing the postal service’s activities, all while promising an extra $9.3 billion to the country’s armed forces by March.
Canada is in NATO. So Canada has agreed on defending everyone in NATO. To do that, Canada has agreed to spend 2% of GDP on military. Canada has some freedom how that money is spent though. Canada could spend the money in Canada if Canada wanted.
Also Canada could end housing as an investment and also build homes.