The Honourable Francois-Phillipe Champagne

Canadian Minister of Finance

MP for Saint-Maurice – Champlain

Attendee at the WEF

9^th October 2025

Minister,

I am hearing nonstop from you that there are now two ways that the Liberal Party of Canada, under the leadership of a has been banker and you, intend to spend the “way overburdened” Canadian taxpayers’ money.

The first way is the usual; the paying of an over bloated, and still growing almost daily, public service, with new branches being created to maybe someday do the work of those branches already in existence that has not been done for over a decade now.

The second way is by what you, and the banker, refer to as making “investments”.

Well now as your banker boss should be able to tell you an investment should provide a financial return within a stated time frame to be attractive enough to investors.  So, I suppose my question is what percentage of financial return will you be receiving into the Bank of Canada for these investments?  Since it is Canadian Taxpayers’ money you are “investing” we have every right to know and either approve of or disapprove of how you are gambling with our money.

As just one example the ArriveCan “investment” in Liberal Party friends netted us how much profit?

Long before your time and also that awkward time in the early part of this century (2008), the Bank of Canada financed just about everything the government did and returned to the finance minister the profits from those investments.  Now of course and largely due to the present PM the Bank of Canada is really nothing more than an inflation watchdog, adjusting interest rates to try and control that ever-rising inflation.  

However, the principle still remains that an investment by its very nature brings financial dividends to those who invest.   I trust that when you present the first budget for 18 months you will tell us what sort of financial profit you anticipate from these “investments” in language that is acceptable and believable not simply Liberal Party Guesswork and BS, and what you will do if that money is not returned to the Taxpayers through their Bank of Canada.

For over a decade now we have been going backwards as a country and I would really like my doubts at this government’s ability to actually do anything be proven wrong.