Letters to the Editor, May 13, 2026

Published May 13, 2026  •  Last updated 25 minutes ago  •  1 minute read

Wednesday letters Photo by Illustration /Toronto Sun

MYSTERY MATH

Re “Gains in spring economic update already cashed” (Bryan Passifiume, May 1): Nice picture of Mark Carney and Finance Minister Francois-Philippe Champagne all smiles and clapping about their newly released economic update. Yep, wonderful job, guys. Unfortunately you missed one minor point, which Passifiume’s article clearly addresses: “The budget update shows the debt continues to spiral out of control.” No doubt about it, as Carney keeps telling us it’s the “new world order,” but it’s the same old sleight of hand when it comes to national debt and lowering government spending. Keep smiling and clapping, Canada. Carney’s “new world order” road show is on the fast track to overspend his projected budget by a mere $6 billion. Not bad, “new world order.” Thankfully we have the Canadian Taxpayers Federation, experts at calculating the slight-of-hand mathematics, “new world order” or not. At least when calculated honestly, the numbers don’t misrepresent the facts.

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Michael McNutt

Mississauga

(Debt, deficits — it’s the Liberal way. Thank goodness we have we have managed to stick it to the U.S. Elbows up! Please note the sarcasm.)

DROWNING IN DEBT

Re “Liberals’ sovereign wealth fund is just a massive pile of new debt” (Jay Goldberg, May 8): I agree with Pierre Poilievre when he calls it a “sovereign debt fund.” We have a huge deficit which is only getting larger under the Liberal hegemonic banner. It’s incredulous to think that an educated banker would believe that borrowing money, thus raising our deficit even further, would possibly induce any wealth for Canadians. Ah, but the taxpayer would be funding that sovereign debt and since the taxpayer isn’t gaining any interest back because the profits are just reinvested, income tax would rise without benefit to the payee.

Farouk Mohammed

Ajax

(It’s magical thinking based on the amount of wealth leaving Canada and it’s not being replaced.)

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