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Liberal platform promises $130B in new measures over 4 years, adding $225B to federal debt | CBC News
CBC -
19/04
The Liberal Party of Canada is promising to roll out almost $130 billion in new measures over the next four years that, when combined with existing spending, will add $225 billion to the federal debt.
The Liberal Party of Canada is promising to roll out almost $130 billion in new measures over the next four years that, when combined with existing spending, will add $225 billion to the federal debt.
In the fall economic statement, the Liberal government of former prime minister Justin Trudeau projected the deficit over the next four years to be $131.4 billion.
"Let's be absolutely clear, this is not a normal fall update, budget lockup," Liberal Leader Mark Carney said during a campaign stop in Whitby, Ont., on Saturday. "We are in the middle of the biggest crisis of our lifetimes.
"This is a plan that meets that moment in a way that is very prudent with peoples' hard-earned tax dollars but bold in terms of where this country can go."
One of the largest spending initiatives in the election platform the party unveiled Saturday is the previously announced one percentage point reduction in the lowest m... [Short citation of 8% of the original article]
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