So says the Parliamentary Budget Office.
What ? This open Liberal Government propaganda has its bubble burst already? Apparently there is also some estimates that have been made public for the last twelve budgets that in this , our Princeling ‘s budget , are kept hidden. You gotta be kidding!
Did you notice that the BMO President says this oil price drop and resultant economic downturn is really not that bad. Meanwhile, the Canadian Association of Petroleum Producers says that the last two years were the worst in 70 years for new oil and gas investment and that we are looking at 110,000 direct jobs lost . I wonder how many offices BMO has in Alberta and Saskatchewan ?
So our new Government openness and vaunted transparency is in shambles and one of our bank leaders needs a visit to the oil patch.
Great way to start the day!