Democratic socialism is an oxymoron
Liberals are the only real threat to Canadian prosperity
In 1999, Venezuela was a Constitutional democracy not unlike Canada. It has the largest and richest oil & gas reserves on Earth. Hugo Chavez came to power with promises of “equality” and “social justice” and policies quite similar to those imposed on Canada under Justin Trudeau since his election in 2015.
How has that worked out for Venezuela?
Canada’s GDP per capita is now in decline despite a temporary but strong initial recovery after COVID, and now approaches the level when Trudeau came to power. There are no signs that this will improve any time soon.
Systems of government are important to economic health. Socialism is a system where the government confiscates your assets and regulates every aspect of your economic life. Democratic socialism is a system of government where you elect a government that confiscates your assets and regulates every aspect of your economic life. Both of these system are justified by claims of “social justice”, “diversity, equity and inclusion” and the idea that government can provide everything everyone needs if you just pay more taxes. No matter how you get there, there is nothing “democratic” about socialism, just a persistent and pervasive reduction in personal freedoms and individual opportunities.
Canada’s failing policy environment is evident in the stark contrast between economic progress in Canada and in the neighbour to the South, United States. In the past decade, most of which Justin Trudeau has been in power, the economy of the United States has grown ten times faster than that of Canada. Many Canadians are having trouble making ends meet, and our kids can’t afford a home. This is a direct result of Liberal policies under Trudeau.
Both Canadian and foreign investors see it. Canadians are investing abroad and foreign investors are avoiding Canada. Big government, high taxes, an Impact Assessment Act that virtually prevents major projects from proceeding, and a Liberal pretense that CO2 causes climate change drive money out of the country.
If we don’t get rid of the Liberals in Ottawa in 2025, the outlook for Canada is grim.