Where's the Money?

The Conservative Economic Lie

They told you they were the party of business.
Of jobs. Of responsibility. Of keeping the books clean.

But look around.

The cupboards are empty.
The books are cooked.
And the future? Already sold.

This is not a policy critique.
This is an autopsy.
An account of a theft decades in the making... the looting of Canada's economic sovereignty under the Conservative banner.

I. THE ORIGIN OF EXTRACTION: MULRONEY’S SHIFT

The 1980s weren’t just neoliberal. In Canada, they were surgical.

Brian Mulroney didn’t reform Canada, he reprogrammed it.

• He sold off Petro-Canada.
• He pushed through NAFTA.
• He imposed the GST.

These weren’t random moves. They were doctrine. The Canadian state — once builder of railways, protector of resource wealth, architect of universal programs — became a broker. A facilitator of capital, not a steward of people.

The consequences were immediate:

• Investment left domestic manufacturing.
• Crown corporations became corporate takeovers.
• Ottawa’s fiscal muscle weakened.

And it wasn’t about efficiency. It was about submission. Canadian sovereignty was no longer a shield. It became a bargaining chip, and the sale was on.

Conservatism in Canada is not economic stewardship. It's strategic sabotage.

II. THE FIVE STAGES OF CONSERVATIVE FISCAL EXTRACTION

The Conservative model is not a mistake. It's a method:

1. Cut public revenue — Slash taxes for the wealthy and for corporations.
2. Manufacture a crisis — Claim the deficit threatens stability.
3. Dismantle public services — Use crisis as justification for cuts.
4. Sell public assets — Offer one-time relief by privatizing long-term value.
5. Blame the fallout on inefficiency — Use underperformance as fuel for more cuts.

This is not governance. This is slow-burn liquidation, wrapped in fiscal buzzwords.

This is the brand. And it serves three purposes:

1. Destroy public trust
2. Extract public wealth
3. Install private control

From the IDU to the Fraser Institute, from Alberta separatists to American evangelicals, the Conservative apparatus is built to transfer power, not govern a nation.

Their ‘economy’ is a ledger of obedience.

The myth persists, because media cycles are short, and memory has no lobbyist.

III. HARPER: THE ENGINEER OF EMPTY

Stephen Harper inherited a $13.8 billion surplus in 2006.
He turned it into over $160 billion in new debt.

This wasn’t wartime. It wasn’t recession-only spending. It was ideology masquerading as discipline.

Key Harper impacts:

• $36 billion cut from healthcare transfers through a rigged funding formula.
• The Canadian Wheat Board, dismantled and sold.
• The long-form census gutted — erasing data for policy-making.
• Environmental oversight hollowed.
• Veterans Affairs regional offices closed.
• Public sector frozen or eliminated en masse.

The apex: the FIPPA treaty — a 31-year investor-state agreement with China that locks Canadian policy into foreign investor priorities until 2045.

You can’t call that sovereignty. That’s subjugation.

IV. PIERRE POILIEVRE: HARPER’S AVATAR

Pierre Poilievre is not a departure from Harperism. He’s its purest form.

• He was Harper’s point man on austerity, public accountability rollbacks, and ideological control of institutions.
• He now champions “freedom” while breaking the systems that protect it.
• His economic proposals are crypto-slogans and rage-bait, not strategy.

Poilievre will axe the tax, then hand the receipt to provinces, cities, and future generations.

He doesn’t dismantle bureaucracy. He replaces it with chaos, then sells solutions to his donors.

V. THE SASKATCHEWAN FAILURE

If Conservative economics worked, Saskatchewan would be the richest province in Canada.

It has:

• The world’s largest potash reserves
• Vast oil fields
• Critical minerals and agricultural dominance
• A manageable population
• Zero excuse

And yet:

• Healthcare is under collapse.
• Schools are overcrowded and underfunded.
• Infrastructure is decaying.
• Deficits remain, despite record-high global demand for its exports.

Why?

Because the Sask Party handed wealth to private interests, structured royalties to benefit corporations, and left public systems gasping for air.

Saskatchewan isn’t poor because it’s unproductive.
It’s poor because it’s governed like a client state for resource giants.

Do we even need to mention the economic catastrophe that is Alberta today?

This isn’t just political.
It’s generational.

They’re not building a future.
They’re selling yours.

VI. PROVINCIAL PATTERNS: THE NATIONAL MAP OF DAMAGE

Alberta:
The Heritage Fund, modelled after Norway’s trillion-dollar oil reserve, sits stagnant. Billions have been siphoned off into subsidies, sweetheart deals, and short-term balancing acts. Privatized health care is in. Corporate tax cuts continue.. The Smith government, and the money that manages her, stomps on journalists that expose their grift.

Ontario:
Mike Harris began the gutting. Doug Ford is completing it. Hydro One sold. The Greenbelt scandal. Autism funding slashed. Municipal budgets destroyed. Public education undermined with voucher logic and ghost funding.

Manitoba:
ER closures. Front-line staff reductions. Outsourced surgical programs that cost more than public delivery. Revenue capped. Debt up. Accountability down.

Manitoba is an actual positive outlook in Canada today under Kinew. We know how to do this right.

British Columbia:
Under BC Liberals (Conservative in all but name), the forestry sector was deregulated into collapse. Fossil subsidies continue to flow. The Site C Dam continues without financial clarity. Health care is stretched beyond breaking in rural regions.

VII. THE ILLUSION OF BALANCE: CONSERVATIVE FISCAL TACTICS

Let’s expose the game:

• One-time asset sales are counted as revenue — masking structural imbalance.
• Deferred maintenance is not booked — until roads crumble, water fails, or hospitals break.
• Cost-shifting to provinces and cities hides federal austerity.
• Tax enforcement is weakened — cuts to the CRA reduce collections more than tax cuts help growth.
• “Red tape” removal is actually the dismantling of consumer, worker, and environmental protections.

In accounting, these would be called fraudulent practices. In government, they are called “prudence.”

VIII. THE ECONOMIC COST: WHAT’S BEEN LOST

Here’s what you don’t get under Conservative governance:

• Public ownership of energy infrastructure
• Long-term planning in housing and transportation
• Reinforced supply chains in agriculture and industry
• Universal early childhood care
• Green transition jobs tied to public ownership
• Intergenerational fiscal balance

What you get instead:

• User fees
• Delays
• Outsourcing
• Low-wage precarity
• Regulatory collapse
• Privatization of everything that works

This isn’t lean government. It’s amputated governance.

IX. THE LEDGER

Now we audit.

Build a public, open-source economic memory:
The Ledger Project — Canada’s true record of economic governance.

By riding, by year, by budget, by asset, trace every:

• Public asset sold
• Program cut
• Debt incurred
• Lobby written clause
• Service privatized
• Treaty signed under foreign economic leverage

This is not a think tank report.

This is a national archive, for every voter, every journalist, every future leader to reference.

Because amnesia is the real subsidy that lets this cycle continue.

What started as free-market ideology hardened into extraction culture. Canada was reshaped for sale. Mulroney’s model exported under Harper. Harper’s model now swallowed whole by Poilievre.

The Conservative Party of Canada is leading the charge into a christo-fascist techno-trumpian authoritarian Nazi empire.

This is not drift. This is doctrine.

X. STRATEGIC RECLAMATION: WHAT HAPPENS NEXT

We don’t just name the cost.
We demand restitution.

1. National audits of every Conservative-run province’s fiscal and legal exposure
2. Public reclamation mandates for privatized infrastructure and services
3. Austerity impact models published in schools, libraries, media
4. New fiscal laws preventing revenue-side sabotage during boom cycles
5. Indigenous revenue sovereignty restored — no more extraction without return

This is not about punishing conservatives. It’s about ending extraction-as-governance.

XI. WHERE’S THE MONEY?

It’s not in:

• ER wings
• Water treatment plants
• Rural transit
• High-speed rail
• Scientific research
• Veteran housing
• Indigenous health programs

It’s in:

• Executive bonuses
• Offshore tax shelters
• Investor-state dispute payouts
• PR campaigns
• Unbid contracts
• Dividends to foreign shareholders

Pierre — where’s the money?

You were there. You signed the cheques. You froze the budgets. You sold the assets.

We are not asking for ideology.

We are asking for the receipts.

Where is the money?

XII. CLOSING STRIKE

They did not save this country.
They sold it.

They did not balance books.
They burned them.

They did not build the future.
They leased it to the lowest bidder, with a buyback clause no one can afford.

This is not opposition rhetoric. This is economic memory.

And now, it becomes public record.

We publish the Ledger.
We audit the wreckage.
We indict the myth.

The lie is over. The money is gone. We bring the consequence.

Pierre...

Where is the Money?

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B

Proconsul 🇨🇦 (@proconsul.bsky.social)

Visionary Strategic Growth A guide for ambition, bridging strategy with implementation for modern business: clarity, structure, and sustainable impact. I listen. If it’s possible, I’ll show you how. proconsul.ghost.io

Bluesky Social

They didn’t balance the books.
They sold the furniture, fired the accountants, then lit the receipts.
Pierre... where’s the money?

PS -