Canada proposing to increase debt to boost and change its economy


Mark Carney (From ‘X’ Twitter page)

COGwriter

Canada’s Prime Minister has a debt-increasing proposal he expects to release with hopes that it will help transform Canada’s economy:

Carney’s Budget Promises Big Investments, Tough Cuts in Canada

November 4, 2025

Canada’s Prime Minister Mark Carney will unleash a major fiscal stimulus in his budget proposal on Tuesday as he aims to unlock billions of dollars in investment and transform the Canadian economy to rely less on the United States, its top trading partner.

Carney has promised “generational investments” in his government’s maiden budget to pay for defense and housing and to grow an ailing economy battered by President Donald Trump’s tariffs and trade uncertainty. However, he has also warned of tough times ahead.

“To be clear, we won’t transform our economy easily or in a few months — it will take some sacrifices and some time,” Carney said last month during a speech to university students.

Economists expect Canada’s highest deficit outside the COVID-19 pandemic, and they want the government to have a clear path to reduce it in coming years.

Pedro Antunes, chief economist of Conference Board of Canada, worries increased deficits mean higher interest payments or public debt charges that could be unsustainable for Canada. …

The budget will allocate billions of dollars for housing and major infrastructure projects across the country, which the government says will have a multiplier effect on the economy. https://www.newsmax.com/newsfront/canada-carney-investmens/2025/11/04/id/1233113/

Canada is in a precarious position these days and Donald Trump seems willing to try to cause Canada a lot of economic pain to get it to accede to his demands. Last week, Bank of Canada Governor Tiff Macklem admitted the Canada’s economy is deteriorating and warned citizens to prepare for a “lower standard of living” (see Timm Macklem says Canadians should prepare to lower their standard of living).

The new budget proposal looks to be intended to change that, but debt is not the real way to resolve Canada’s economic problems.

The Bible clearly warns that an indebted people will be destroyed by people whose language that they do not understand, and that the destruction will be fairly total:

43 The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45 Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed…47 “Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48 therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you. 49 The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50 a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51 And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you. 52 They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you (Deuteronomy 28:43-45,47-52).

7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)

13 And the Lord said, “Because they have forsaken My law which I set before them, and have not obeyed My voice, nor walked according to it, 14 but they have walked according to the dictates of their own hearts…16 I will scatter them also among the Gentiles, whom neither they nor their fathers have known. And I will send a sword after them until I have consumed them.” (Jeremiah 9:13,14a,16)

12 One-third of you shall die of the pestilence, and be consumed with famine in your midst; and one-third shall fall by the sword all around you; and I will scatter another third to all the winds, and I will draw out a sword after them. (Ezekiel 5:12)

Most will not believe that will really happen, but that disbelief was expected:

6 “Don’t say such things,” the people respond. “Don’t prophesy like that. Such disasters will never come our way!” (Micah 2:6, New Living Translation)

16 … You say, ‘Do not prophesy against Israel, And do not spout against the house of Isaac.’ (Amos 7:16)

People will not want to hear! See also Preparing for the ‘Short Work’ and The Famine of the Word.

Repentance, and not increased debt, is what Canada needs.

Notice that lack of repentance is listed as a reason that the King of Assyria (the final King of the North) will become Ephraim’s king:

 3 I taught Ephraim to walk … 4 I drew them with gentle cords, With bands of love, And I was to them as those who take the yoke from their neck. I stooped and fed them … 5…But the Assyrian shall be his king, Because they refused to repent. 6 And the sword shall slash in his cities, Devour his districts, And consume them, Because of their own counsels. 7 My people are bent on backsliding from Me. Though they call to the Most High, None at all exalt Him. (Hosea 11:1a, 3a, 4b, 5b-7)

The prophesied shame is starting to come upon the Anglo-American powers. The Assyrian king is also prophesied to eliminate the end time descendants of Ephraim–and that includes the Canadians (see also Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America).

While the descendants of Ephraim (including Canada) will be conquered because there will be a lack of national repentance, personal repentance is still an option–whether you live in Canada or anywhere else.

Some items of related interest may include:

Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon;  When Will the End of the Age Come?Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.
Canada in Prophecy: What Does Bible Prophecy,Roman Catholic Prophecy, and other Predictions Suggest About the Future of Canada? There are prophecies that suggest involvement with Canada. And many are not positive about its future. A sermon of related interest is also available: Canada in Prophecy.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance.
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Donald Trump in Prophecy Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill?  Are there any prophecies that he has already helped fulfill?  Is a Donald Trump presidency proving to be apocalyptic?  Three related videos are available: Donald: ‘Trump of God’ or Apocalyptic? and Donald Trump’s Prophetic Presidency and  Donald Trump and Unintended Consequences.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?  Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen? This is a free eBook.



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