Only On The Walters Post

It seems like every time you turn on the news, there’s another economist warning about a looming recession. But let’s be honest, Canada has been in an economic downturn for years. Maybe it doesn’t fit the technical definition of a recession, where GDP shrinks for two consecutive quarters, but look around. The cost of living has skyrocketed, homelessness is on the rise, and good luck finding a family doctor. These are the real indicators of economic struggle, not just numbers on a chart.

Now, with a federal election on the horizon, the government will no doubt ramp up spending, handing out money to different groups and businesses in what looks an awful lot like vote-buying to me. But in reality this isn’t a new trick, t’s how politics works. Give out a few bucks, make people feel like they’re getting a break, and suddenly, votes come rolling in. Meanwhile, the hardworking Canadians footing the bill are taxed to the hilt.

Taxes are the silent killer of the working man’s paycheck. Half of what’s earned is taken before it even hits the bank, and then what’s left gets taxed again through endless fees, sales taxes, and hidden levies. Yet, the people in charge—the ones in expensive suits sitting in million-dollar offices—keep finding ways to take more while giving less. And people let it happen. Why? Maybe they’ve been convinced there’s no other way. Maybe they think, “What can I do?”

Now, they’re pointing fingers at Trump’s tariffs, blaming them for economic troubles, but let’s not pretend our problems started there. Hell Government spending in my mind has been out of control for years, funneling money into programs and initiatives that don’t always serve the people who need help the most. The truth is, Canada’s financial struggles run deeper than any trade dispute. It’s about priorities, accountability, and the burden placed on everyday citizens.

The thing is, economists like to talk about how to weather a recession, cut back on expenses, build an emergency fund, pay off debt. Which is all good advice, but it’s hard to do when the cost of everything from housing to groceries keeps climbing, and wages can’t keep up. The real solution? Stop overtaxing the people who actually work for a living, let them keep “all their earning” instead of funneling it into government coffers where it’s spent on who-knows-what.

The average Canadian isn’t asking for handouts, just fairness. There should be “No Tax On Wages“, more accountability on spending, and policies that support the people doing the heavy lifting in this economy. Until that happens, no amount of economic forecasting will change the reality on the ground: hard times are here, and they’ve been here for a while.

Until the next time, keep your minds open and your stories alive. GW