The Ledger

Documented Financial Failures — Running Total

$32.0B

CERB/Pandemic Benefits — Unverified Recipients

$32B paid to unverified recipients including deceased individuals and fraudulent identities. Standard verification deliberately waived.

AG Report →
$9.3B

Phoenix Pay System — Total Cost of Failure

Original estimate: $309M. Actual cost: $9.3B+. 216,000 transactions still backlogged. Won't be fixed until 2031.

Full analysis →
$78.3B

Budget 2025 Projected Deficit

Finance Minister Champagne's "Canada Strong" budget projects $78.3B deficit on $585.9B in expenditures. Deficit target 2029-30: $56.6B.

Fiscal data →
$1.58B

MAID — Palliative Care Costs Avoided

76,475 deaths × $20,685 savings per death vs. palliative care. The healthcare system saved $1.58B by administering death instead of care.

MAID economics →
$54M

ArriveCAN — Procurement Fraud

COVID questionnaire outsourced to 2-person firm. 76% of subcontractors did no work. AG found systematic procurement failures.

Full analysis →
$18M

Top 102 MAID Physicians — Provider Payments

102 physicians earned $18M from MAID billing. Average 373 deaths each. 428 regulatory violations, zero police referrals.

Provider data →
$50B

Brookfield Maple Fund — Federal Investment Request

PM Carney's former employer pitched a $50B infrastructure fund to the government he now leads. $10B directly requested from federal treasury.

Brookfield analysis →
$103B+

RUNNING TOTAL

Documented from official government sources. Does not include unmeasured waste, hidden costs, or long-term economic damage.

Per-Capita Impact

~$2,500 per Canadian.
$103B ÷ 41M population = approximately $2,500 per person.
A family of four: ~$10,000 in documented government failure costs.
This does not include unmeasured waste, opportunity costs, or the economic damage from institutional dysfunction.

Sources: Auditor General of Canada — ArriveCAN Report (2024), Phoenix Pay Reports; Parliamentary Budget Officer — MAID Cost Estimate (2020), Budget Analysis; Health Canada — MAID Annual Reports (1st-6th editions); Budget 2025 "Canada Strong" (November 4, 2025); CIHI — Palliative Care Cost Data; Brookfield Asset Management — Public Filings (TSX: BAM); Statistics Canada — Population Estimates. All figures from official government records and regulatory filings.