WhatFinger

Trudeau government should honour their commitment to get back to balance, and stop piling more debt on the backs of future generations

Here's how to balance the federal budget


By -- Aaron Wudrick, Federal Director—— Bio and Archives--February 16, 2018

Canadian News, Politics | Comments | Back To Full Article

Here's how to balance the federal budget During the 2015 election campaign, the Trudeau Liberal platform was clear: if elected to form a government, they would run three “modest” deficits of under $10 billion per year, with a return to balance in the fourth year. So how have the Trudeau Liberals fared so far? Rather than the promised “modest” deficits, they’ve run much larger ones: $17 billion for 2016-17, and $19 billion for 2017-18. In the process, they have added almost twice as much public debt as originally promised. Even worse, they have still not presented any plan whatsoever to get back to balance (although thankfully, the Department of Finance’s long-term fiscal projections show the government is still on track to balance by … 2045.)
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