• Liberals plan permanent, debt-fuelled spending increase of more than $100 billion annually by 2026 with no plan to balance budget • Federal debt to balloon to $1.4 trillion and debt interest payments to rise to $39 billion annually by 2026
OTTAWA, ON: The Canadian Taxpayers Federation today slammed the Trudeau government’s reckless plans to permanently increase federal government spending by nearly 30 per cent by 2026.
“Make no mistake: the vast majority of measures in this budget have nothing to do with pandemic supports, and everything to do with exploiting a deadly crisis to indulge in a cynical, debt-fuelled spending binge,” said CTF Federal Director Franco Terrazzano. “Finance Minister Chrystia Freeland will increase permanent federal spending by more than $100 billion by 2026 with absolutely no idea how to pay for it.”
