Letter to the Editor – Canada Needs A Common Sense Budget
April 17, 2024
FOR IMMEDIATE RELEASE
Dear Editor,
After 9 years, I sat in the House of Commons listening to yet another Liberal budget of more of the same that got us into Canada’s present financial mess. Inflationary spending. Rising interest rates. And Canada’s 9th straight deficit.
This year the deficit is $40 billion with no plan to balance the budget. The annual cost to service Canada’s $1.25 trillion national debt is now $54.1 billion – more than we transfer to the provinces for healthcare.
This is saddling all Canadians, especially our younger generation, with record levels of debt. The Toronto Sun editorial board appropriately described Trudeau’s budget as a ‘debt bomb’.
And yet the Finance Minister actually boasted that her budget would was a ‘responsible fiscal plan’ because it kept the deficit below $40.1 billion. The Trudeau Liberals forget that fiscal responsibility involves balancing a budget and paying down debt.
Prior to the Liberal budget, Conservative Leader Pierre Poilievre outlined three commons sense demands to fix the budget:
- Axe the tax on farmers and food by immediately passing Bill C-234 in its original form.
- Build the homes, not bureaucracy.
- Cap the spending with a dollar-for-dollar rule to bring down interest rates and inflation.
Unsurprisingly the Prime Minister refuses to listen to Canadians and instead stepped on the inflationary gas pedal. As such, my colleagues and I will be voting against the budget.
A Conservative government will bring home common sense budgets and a smaller and more efficient government. Our priorities will be to axe the tax, build the homes, fix the budget and stop the crime.
Arnold Viersen, MP
Peace River – Westlock