The State Treasury Is Not the Exclusive Property of Presidents

The State Treasury Is Not the Exclusive Property of Presidents

There is a common misconception about politicians around the world: the assumption that they own all the money held in the public treasury and can spend it however they wish. Yet this money comes from the pockets of citizens—from the taxes they pay today to secure a better future for themselves and their children.

Therefore, a simple question arises: Do politicians have the right to decide, without consulting the people, how the money that determines their future should be spent? If a government wants to assist another country, it can at least provide a loan. Why should it donate the entire national budget? Is the public treasury the private property of the government, the prime minister, and the president?

Of course not. The national budget is not the private property of the government, and politicians do not own the public treasury. Although governments possess decision-making authority, they must not forget that they did not earn this money themselves. It is financed through the taxes and revenues that citizens provide to the government, with the expectation that it will be used in the national interest.

The Government of Canada is a clear example of this issue. Despite the continuing challenges faced by Canadians, such as inflation and rising living costs, and despite the government's constant references to economic pressures and budget reductions, it continues to maintain significant financial commitments abroad.

Recently, during a meeting between Prime Minister Mark Carney and Volodymyr Zelenskyy, Canada announced a $350 million assistance package to provide Ukraine with air-defense equipment. In addition, Canada provided nearly $435 million in loan guarantees to support Ukraine's energy security. Since Russia's invasion, Canada's total commitments to Ukraine have now exceeded $25.5 billion.

Given that many Canadians are struggling with high housing, food, and living costs, and that many families are struggling even to meet their basic needs, a question arises: Should the government not first be accountable to its own citizens? Public funds belonging to Canadians should first be spent on Canadians.

Every Canadian has the right to ask: “I pay taxes every day, but what guarantee is there that this government will prioritize the future of me and my family over other expenditures?” This is not merely about a $350 million assistance package; it concerns the direction of government policy.

While billions of dollars flow into Ukraine's treasury, while domestic problems in this country worsen because of resource shortages, budget deficits, and austerity, the government cannot expect its citizens to devote an increasing share of their income to this cause every year while foreign aid continues to flow without control.

A country that wants to help others must first strengthen its own economic foundations.

When economic pressure on its population increases, when housing becomes increasingly unaffordable for families, when the cost of living rises, and when the younger generation can no longer envision a secure future, people will no longer be satisfied with the slogan, “Canada is strong.”


Author: Gouya Roshan

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