“The Canadian Government’s New “Capital Budgeting Framework” - a Masterclass in Deception - Episode 32

“The Canadian Government’s New “Capital Budgeting Framework” - a Masterclass in Deception - Episode 32

In this episode, Kim G C Moody describes the proposal to change the way Canadian federal budgets are reported. First proposed during the Liberal Party leadership campaign, Mr. Carney expressed his desire to “separate the capital budget from the operating budget”. This old accounting trick has a long history that Kim wrote about in a March 2025 Financial Post article. The obvious question is what is considered “capital” vs “operating” for purposes of classification since, obviously, the intention would be to shift expenditures to the capital column so as to reduce the overall “operating budget deficit”. On October 6, 2025, the Department of Finance released its proposed definition of “capital” and, as expected, it is expansive and broad. Overly broad. And the independent Parliamentary Budget Officer agrees; it released a statement about that on October 7, 2025. Kim discusses all of this and concludes by asking Canadians to not fall for this simple accounting trick and to be aware of this deceptive practice.

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Avsnitt(36)

In the Mood with Kim G C Moody: Canada Shouldn’t Build Fences to Attract Talent - Episode 36

In the Mood with Kim G C Moody: Canada Shouldn’t Build Fences to Attract Talent - Episode 36

In this episode of In The Mood With Kim G C Moody Podcast, Kim discusses why policies that trap residents of a country - “adhesive residency” - is not a good idea. Whether that trap is by way of high ...

13 Apr 32min

Beyond Tax Gimmicks - Canada Needs “Big Bang” Personal Tax Reform - Episode 35

Beyond Tax Gimmicks - Canada Needs “Big Bang” Personal Tax Reform - Episode 35

In this episode of In the Mood With Kim G C Moody podcast, Kim makes the case that political tax gimmicks should be minimized notwithstanding tax and politics are like wine and cheese. He walks throug...

6 Feb 34min

2025 Tax Year Breakdown with Kim G C Moody - Episode 34

2025 Tax Year Breakdown with Kim G C Moody - Episode 34

In this episode of In The Mood With Kim G C Moody Podcast, Kim takes the listener through a 2025 Canadian tax policy in review.  He starts off in January 2025 with the capital gains proposal saga, the...

24 Dec 202527min

A Review of the November 4, 2025 Canadian Federal Budget, the Deceptive Budgeting Practice and Results of the CRA "100-Day Plan" - Episode 33

A Review of the November 4, 2025 Canadian Federal Budget, the Deceptive Budgeting Practice and Results of the CRA "100-Day Plan" - Episode 33

In this episode of In the Mood With Kim G C Moody Podcast, Kim G C Moody discusses the November 4, 2025 Canadian federal budget with an emphasis on the tremendous spending.  He discusses the minor tax...

14 Dec 202533min

Kim G C Moody Discusses 2025 Canadian Federal Budget - Episode 31

Kim G C Moody Discusses 2025 Canadian Federal Budget - Episode 31

In this episode, Kim G C Moody discusses what Canadians can expect in the upcoming November 4, 2025 federal budget. He discusses the fact that the budget is unacceptably late, reviews the Liberal Part...

27 Sep 202527min

Huge Federal Spending and Mr. Carney’s “Eye Roll” - Episode 30

Huge Federal Spending and Mr. Carney’s “Eye Roll” - Episode 30

In this episode of In the Mood With Kim G C Moody Podcast, Kim comments on the huge federal spending commitments recently made by PM Carney. When asked by a reporter about the Parliamentary Budget Off...

27 Juni 202516min

The Taxation of Signing Bonuses for Pro Athletes in Canada - Episode 29

The Taxation of Signing Bonuses for Pro Athletes in Canada - Episode 29

In this episode, Kim G C Moody dives into a high-profile tax controversy involving NHL star John Tavares and the Canada Revenue Agency’s reassessment of his signing bonus from the Toronto Maple Leafs....

23 Juni 202527min

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