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Liberal platform promises $130B in new spending over 4 years, adding $225B to federal debt

  • The Liberal Party has launched a platform promising nearly $130 billion in new spending over four years, leading to a total increase of $225 billion in federal debt.
  • Liberal Leader Mark Carney's plan includes a $35.2 billion spending boost this year, focusing on defense and infrastructure investments.
  • The platform aims to achieve NATO's defense spending target of 2 percent of GDP by 2030, with an additional $30.9 billion allocated for defense over four years.
  • Carney criticized Conservative Leader Pierre Poilievre, asserting that government must lead during economic crises, contrasting his approach with that of Poilievre's policies.
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Bias Distribution

  • 39% of the sources lean Left
39% Left

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City News broke the news in Toronto, Canada on Saturday, April 19, 2025.
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