The government of Canada is moving farther away from it’s policy of not running large budget deficits with today’s announcement of a new “budget deficit surplus” policy:
Today’s announcement by the government has surprised and angered many supporters of the Harper government, but newly appointed spending secretary Amhed Uhpnaym argues that it’s an important first step to getting the economy back on track.
“we looked at all our options and decided this was our most prudent option at this time.” explains Uhpnaym “Unemployment levels are rising, and our largest trading partners aren’t showing any signs of a quick recovery from this recession.”
“On the positive side, prices on Vancouver real estate are at a three year low! Have you seen some of the incredible deals out there? By running a surplus deficit now we’ll have enough available Capitol to invest at these rock bottom prices. I mean seriously, only $600 per sq foot in the prime edge of Yaletown! It’s time for us to hop down off this fence and invest, our children will thank us.”
The plan announced today will see an additional 2.8 trillion added to the deficit, which will then be used as down payments on presale developments across the lower mainland. The prime minister is said to currently shopping at Ikea for a smaller couch that will fit his favorite floorplan and was unavailable for comment.