As we all know, this great country of ours has one of the largest land masses of any nation on earth. We are also one of the least populous of all the developed nations of the world. These two factors create the need for certain conditions to be in place, to ensure that Canada’s economy works well for us all. These conditions relate to taxation, energy costs, and, most importantly of all, the value of money itself.
We need to have the lowest possible rates of taxation — that is, we must strive for a system in which each level of government collects only enough tax revenue to fund its current operations ( according to its Constitutional duties ), and no more. We must also strive for an equality of taxation, so that no one pays tax until he or she has earned enough to provide the basic necessities of life for themselves and their dependents, and that once that cost-of-living threshold is exceeded, every person pays at the same rate. Penalizing people for hard work and success is just as wrong as extracting it from those who cannot even meet their basic needs ; both practices must be ended, and never again must they be inflicted on the Canadian people. This is one of those things that sounds obvious, that hardly needs to be said out loud, or written down. And yet, when we observe the current situation. . .
A geographically large country, naturally, means large distances for the transport of raw materials, goods, and people. We also are frequently cursed with cold winters, and blessed with hot summers. And so, affordable energy — gasoline and diesel and jet fuel for transport, heating oil, natural gas, propane, electricity, and yes, coal for heating and cooling our homes and workplaces, and for powering industry — is not only desirable but essential to our well-being, physically as well as economically. This, again, would seem to be an obvious truth, a “no-brainer” in modern parlance. And yet. . .
The third essential condition for a broadly healthy Canadian economy, and one so important that it trumps all others, is a strong, stable currency. Strong, because a country of thirty-five million or so will never achieve the economies of scale of a country like our neighbor to the south, say, with its 350 million-plus people! Therefore we need our pay and our savings to be denominated in a currency that is at least equal in value to the US dollar, preferably higher. Remember that everything we buy is priced in US dollars, whether we realize it or not. A weakened Loonie artificially raises our cost of living above the requirements of reality. Stable because the weakening ( debasement ) of a nation’s currency is the most insidious and destructive form of taxation known to man. In fact, a government that has intentionally and with forethought debased/devalued its currency has committed and act of treason, or at the very least, common theft, against its people. Currency debasement ( more politely and misleadingly called “inflation” ) destroys the value of a human being’s labor ; her ingenuity ; his thrift. And what are those three things, after all — except the bedrock of a truly healthy economy, the most basic tools by which each of us can earn our living, and support ourselves and our families? So then, clearly the need for a strong, stable Loonie is something that, once again, should go without saying. And yet. . . And yet.
Currently, none of these vital conditions are in place. Canadian individuals and businesses alike are subject to a myriad of taxes, often at rates that would make a neighborhood loan shark green with envy. Energy costs are artificially inflated through hidden ( and unnecessary ) taxes, excessive regulation, and a mindless devotion to fanciful pseudoscientific theories, often quite openly. And as for the poor old Canadian dollar, well. . . keeping the Loonie artificially depressed has become pretty much the default position for all the alleged divisions of the political-bureaucratic complex — mainly because it is very lucrative for a very small subset of the population, the subset that contributes large sums to political parties, has connections and clout inside those parties, and can be counted on to provide high-paying-do-nothing jobs to retired politicians. The net effect of this is that ninety-five percent or more of the Canadian public is systematically impoverished for the benefit of a relative handful of insiders. Does that sound like good policy to you?
All of this must be changed, and changed soon. None of the old-guard parties will do anything substantial or even noticeable in these areas, no matter what their election-time rhetoric might be ; a casual glance at recent history will tell anyone that. No, we need to take a new direction. The road less traveled, as it were. We need a fresh approach in this country, and that approach is the People’s Party of Canada led by Maxime Bernier.
And that, as it were, will make all the difference.