Franco Terrazzano (@franco_nomics) header
Franco Terrazzano (@franco_nomics) profile picture

Federal Director of @taxpayerDOTcom. Prosperity. Lower taxes. Cold beer.

Joined March 2017
Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)Photo by Franco Terrazzano (@franco_nomics)
The Canadian Taxpayers Federation has a message for the government: NO TAXATION WITHOUT REPRESENTATION. We're taking the CRA to court to stop unelected bureaucrats from enforcing the undemocratic and illegal capital gains tax hike.
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Franco Terrazzano retweeted
Carney isn’t balancing squat. He’s increasing the debt $2,000 every second. You’re stuck paying interest on every dollar the government borrows. That’s more than $1 billion every week. Put down the taxpayer credit card!
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More evidence of the folly of attempting to buy jobs with subsidies. Not only do you destroy lots of other jobs in other companies in the process, but the jobs you bought don't even stay bought. Carney denounces Stellantis’s ‘outrageous’ sale of auto plant to defence contractor Roshel - The Globe and Mail theglobeandmail.com/business…
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Franco Terrazzano retweeted
Feds order 6,000 bottles of wine to "maintain expected standards" in Parliamentary Dining Room days after @MarkJCarney budget lamented plight of "hardworking Canadians struggling to get by."  blacklocks.ca/feds-fill-up-t…  #cdnpoli @OurCommons
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Franco Terrazzano retweeted
"Canadians should send this [budget] back and insist on the real thing: genuine tax reform and a credible plan to balance the books."
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Franco Terrazzano retweeted
Trading: Titans are sending safety Amani Hooker to the Bills, as @TomPelissero reported. Term update: bills trading a 2nd-round pick for Hooker and a 5th, per sources.
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Franco Terrazzano retweeted
Premier Doug Ford plans to borrow billions of dollars every year with no end in sight. Debt interest charges are the fastest growing government expense. Now the creditors are starting to get nervous. Ford needs to stop the borrowing binge.
NEW - S&P has revised Ontario's debt rating outlook to negative from stable on rising deficits & debt. Says "The negative outlook reflects our expectation that, in the next two years, there is at least a one-in-three chance we could lower the rating" AA- rating is affirmed.
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Franco Terrazzano retweeted
My conversation with @franco_nomics discussing Masters of our Destiny budget
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Carney isn’t balancing squat. He’s increasing the debt $2,000 every second. You’re stuck paying interest on every dollar the government borrows. That’s more than $1 billion every week. Put down the taxpayer credit card!
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Franco Terrazzano retweeted
Prime Minister Mark Carney's Canada Strong Fund does the opposite of what a well-run sovereign wealth fund should. 1. It's funded with debt not wealth. 2. It invests only inside Canada. That means money will be spent on politician pet projects not investments that get the best returns for taxpayers.
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"Canadians should send this [budget] back and insist on the real thing: genuine tax reform and a credible plan to balance the books."
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Franco Terrazzano retweeted
Carney is spending $14 billion overbudget. Carney is borrowing $60 billion this year and tens of billions of dollars every year after. And you're paying interest on all that debt. Interest on the debt cost taxpayers $1 billion every week. torontosun.com/opinion/colum…
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Franco Terrazzano retweeted
Program note: A 'Sovereign Wealth Fund' (aka the Canada Strong Fund) financed entirely by $25 billion of government-issued debt when the gov't is running deficits, is not a wealth fund. It's a debt fund. A wealth fund would be financed by budget surpluses, which we don't have.
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Franco Terrazzano retweeted
New poll: 72% of Canadians say the Alto high-speed rail project will go overbudget. And Canadians have every reason to believe Alto will run overbudget — it happens all the time. Carney needs to stop this boondoggle. Scrap Alto!
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Carney is spending $14 billion overbudget. Carney is borrowing $60 billion this year and tens of billions of dollars every year after. And you're paying interest on all that debt. Interest on the debt cost taxpayers $1 billion every week. torontosun.com/opinion/colum…
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Franco Terrazzano retweeted
Budgets are political documents. I get that. But the 2026 budget’s claim that Canada has the lowest net debt in the G7 is misleading Canadians. Enough with the net debt nonsense. @FinanceCanada + @FP_Champagne You can do better. My latest: charleslammam.substack.com/p…
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Franco Terrazzano retweeted
PM Mark Carney's government says Alto high-speed rail will cost $60 to $90 billion. That's already unaffordable for a government in deep debt. But 72% of Canadians say the Alto project will go overbudget. Canadians can't afford a high-speed train wreck. Cancel Alto!
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Is the Carney government bragging about adding another $287 billion to the debt by 2031? Let's put Carney's borrowing binge into perspective: Carney plans to borrow twice as much as Trudeau planned over the same years (2025-2029). Carney = $234 billion Trudeau = $112 billion
‘Deficits are lower, that’s a fact’: Finance minister defends budget, @SpencerLynne reports ctvnews.ca/politics/article/… Find out more at nationalnewswatch.com
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Franco Terrazzano retweeted
OPINION: Mark Carney goes over budget again and taxpayers pay the price torontosun.com/opinion/colum…
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