MISSING: $2.5 Billion In Federal Infrastructure Funding Unaccounted For


Where did the money go?

Considering how massive the federal bureaucracy is (and it gets bigger by the day), you’d think the government could at least get a handle on the money it takes from us.

But no, apparently even that is too much to ask.

According to the parliamentary budget office (PBO), $2.5 billion in infrastructure spending cannot be found.

As reported by the Canadian Press, the next 12 months of spending estimates were supposed to show $8 billion in new spending on infrastructure. However, according to the PBO, government documents show only $5.5 billion is actually allocated towards infrastructure.

Keep in mind, this isn’t some sort of savings. The government still taxed and borrowed to get the money, they just aren’t accounting for it.

Stunningly, Jean-Denis Frechette – the head of the PBO – says the government spending documents were so complicated that the PBO couldn’t locate where the money went.

Take a moment to really think about that. The sole job of the PBO – the whole reason it exists – is to account for government spending. If the government is sending them documents that are so complex they can’t even find missing money, it should raise big suspicions.

Is the Trudeau government hiding something? Are they shifting infrastructure money elsewhere? Is something even worse going on that the Canadian people don’t know about?

At this point, there is no way to know what’s happening, since the government is not being transparent.

It’s no wonder our economy is in so much trouble. Not only are we being overtaxed, but the government can’t even manage the money it takes from us.

What a disgrace.

This is one of the best real life arguments for lower taxes. When a government can’t be honest, open, and transparent about what it does with taxpayer money, that government should lose the legitimacy to take that money in the first place.

Spencer Fernando

Photo – Twitter


One comment Add yours
  1. I read in other places that $2.5 Billion are missing from the International Donations. Is this $2.5 Billion in addition to the International Donations ? 5 Billion Dollars unaccounted for ? oh!!

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