On Tuesday, the federal Liberals released their fourth and last budget before facing the electorate this fall. While there are many competing analyses on aspects of the budget, one thing is certain: The Liberals have no plan to balance the budget.
Consider this. The Harper government’s final budget called for program spending in 2015–16 of $263.2 billion. In the spring of 2016, the newly elected Liberal government announced a 10.7-per-cent increase in spending for fiscal year 2016–17, to $291.4 billion . This resulted in one of the highest levels of per person spending in Canadian history, outside of a recession or major war. It also meant moving from an essentially balanced budget for 2015–16 to an expected deficit of almost $30.
However, perhaps the most telling evidence of the federal government’s proclivity for spending occurred last year. In the spring budget, Ottawa announced spending for 2018–19 totalling $312.2 billion. By the fall when the government delivered its economic update, it discovered higher than anticipated revenues and spent an additional $8 billion.
The price of this additional spending is double-digit deficits, despite the 2015 Liberal campaign promise that deficits would be temporary and the budget would be balanced this year. This government’s record clearly shows its interest in spending as much as possible.
DUMB and DUMBER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
dumbanddumber
And the deficit is fast becoming irrelevant as the %age of gdp drops below 1%, and continues to decline. This isn’t 1993.
clerysboy No shit! 🙄
Come on media, this has been obvious for months.
Haha... how much did the cover cost this time, millionaires spending your working tax dollars ... buy those votes
Trudeau Liberals have zero interest in ever balancing a budget... Are Canadians surprised? JustinTrudeau is simply FRAUD! TrudeauIsDone LibsAreDone ExperienceItDifferently LetHerSpeak EpicFail LavScam RuleOfLaw SNCLavalinScandal TrudeauMustGo SaveCanada cdnpoli
So maybe he is lying to us like he did in 2015😂😂😂😂
Trudeau offers 0 for lower/fixed income including seniors. N'offre rien pour les revenus inférieurs/fixes, y compris les aînés
And why should they when the other people gust squander it.
Trudeau doesn’t inspire me... Sheer scares me
A lot of belly aching over this, by people who like to pretend that this is news. Liberals spend, Conservatives cut social programs. At least Trudeau doesn't support white supremacists.
TrudeauMustGo
But the Integrity Challenged Trudeau Liberals said the Budget is going to Balance Itself.
Dumb and Dumber.
It’s BEEN official! Lol Canada elected a social justice warrior WANNA B! Celebrity wanna b! Selfie sock boy man child crook
Your a Thers cer Justin truodeao your asks bleme ask hem
So Justin Kong ayaw may bigay NG Philippines sosohin sm malls China sa Philippines pag sisihan nyo so loung animals suol ko convictions world so dark masyadong kayong cuorapted benabalaan ko kayo prevident American pH China kore UK am ready to dead what's am heaven made this cety
What is a gender report? Can anyone tell me?
The blame lies with the Canadians who voted for him and plan to again, they are mortgaging their children’s and grandchildren’s futures to pay it back...
Twiddledee sbd twiddledumb
Tweedle and tweedledumb
That wAs a deflect from scandal budget
Invest in precious metals. If we ever become Venezuela 2: True North Boogaloo you will need them.
it'll balance itself.....just in time for the zombie apocalypse.
The numbers don’t add up for 10% of Equity for first time home owners 10% of 400K is 40,000 X 100,000 home sold every year for first time home buying the Government or your tax dollars are on the hook for 4 billion every year.
BobBaileyPC The liberal monkeys only want to balance bananas on their heads.
this is the REAL COVER.... The budget in one picture. It’s all sunshine and lollipops, rainbows and unicorns. lraitt manny_ottawa
Just like many other promises he made, you can bet your very last dollar (before he takes it) that those promises made today won’t last past November if re-elected.
When the economy comes to a grinding halt with bloody chaos everywhere, that picture above will be the poster to remind people unicorns were in-charge of their government.
It's like he KNOWS he isn't going to win.
I feel sorry for our kids with this kind of thinking
Or knowledge of how to.
They are still trying to prove that budgets balance themselves.🧐
A balanced budget will never score adequate virtue signal points.
You are just figuring this out now?!!
A picture of two children playing with our money
They couldn't do the math anyway cdnpoli
They need to go.
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