Kitchener, Waterloo, Cambridge and Brantford most vulnerable to tariffs

[tomh009]

The spending is out of control and our current tax system is out of touch and uncompetitive - we are a broke nation

So, you are conflating two different things here: the level of taxation, and the government's fiscal situation.

We do indeed pay more taxes than US residents (although we get healthcare and other benefits for that) but the difference is not that massive.
Canada: 34% total tax burden/GDP
USA: 27%

Spending out of control?
Canada: 2.3% government deficit/GDP
USA:6.2%

As for being broke:
Canada: 18% net government debt/GDP
USA: 123%

And, yes, it really is true ...