Angry Mortgage Has Government Failed Canada? | EP. 148
Nov 18, 2025
Join Adam Chambers, Conservative MP for Simcoe North, as he shares insights from his time in Ottawa and his roots in finance policy. He critiques government spending, discussing rising deficits and the implications of industrial carbon taxes on jobs. Chambers warns against 'catalyze' rhetoric and explores the failures of EV battery subsidies. He emphasizes the need for energy independence and strategic trade negotiations, while also advocating for policies that inspire youth and support homeownership in Canada.
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Simcoe North: Cottage Country And Small Towns
- Chambers describes his Simcoe North riding: Midland, Orillia, Penetanguishene, and nearby First Nations and cottage country.
- He uses local examples like hunters sharing game to illustrate community life.
Mounting Interest Costs Threaten Fiscal Health
- Adam Chambers warns Canada runs deficits far larger than pre-COVID forecasts and interest costs are rising dangerously fast.
- He notes interest payments now exceed federal healthcare transfers and GST revenues, squeezing future fiscal space.
Catalyze Often Means Socialize Losses
- Chambers argues government "catalyze" investments often socialize losses and privatize gains via subsidies and guarantees.
- He warns this crony-capitalism risk tilts projects toward politically connected firms, not value.