Kelly McParland: O'Toole versus Trudeau is a battle of the credit-card warriors

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Fifty years of untamed borrowing, topped by six years of Justin Trudeau’s spending binge, have left the national finances deeply in hock

Also — and this is crucial — being able to pay for something doesn’t include the ability to continually borrow more money to keep things afloat. Any responsible adult knows that sound finance doesn’t mean being able to barely scrape together enough cash at the end of the month to meet the minimum payment on a maxed-out credit card.

That’s no longer the case, or wouldn’t seem to be, if you go by the costing plan for the Conservative platform, released on the eve of Wednesday’s leaders’ debate. Tory Leader Erin O’Toole has been trying hard to convince Canadians his party has changed. Don’t confuse it with Stephen Harper, Andrew Scheer or other previous leaders, he says.

The Tories say you can’t take Liberal numbers seriously, given their long history of promising prudence while running up massive debts. These are the guys who said, in 2015, that they’d never run a deficit over $10 billion, and the budget would balance itself. Since then deficits have exploded and they’ve doubled the debt.Article content

 

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