Liberal platform promises $130B in new spending over 4 years, adding $225B to federal debt
- The Liberal Party proposes $130 billion in new spending over four years, which is set to add approximately $225 billion to the federal debt.
- Both Liberal Leader Mark Carney and the platform project a deficit of $62.3 billion for the current fiscal year, decreasing annually until reaching $48 billion in 2028-29.
- Conservative Leader Pierre Poilievre criticized the Liberal platform, claiming it would lead to inflation due to large deficits and asserting that Carney's budget plan is irresponsible.
- NDP Leader Jagmeet Singh expressed concerns over potential cuts in health care and services, stating that massive cuts at a time of potential recession are not needed.
36 Articles
36 Articles


New record set as two million vote on first day of advance polls: Elections Canada
OTTAWA — The federal Liberals and NDP both released their costed campaign platforms Saturday as Elections Canada reported record turnout in the first day of advanced polls.
Liberals’ Platform Promises $130 Billion in New Spending, Larger Deficit
The Liberal Party has released the price tag of its election platform, which comes to about $130 billion in new spending over the next four years while running deficits until at least the fiscal year 2028–2029. The party released its costed platform on April 19, as advance polling takes place, with election day on April 28. Most of the items have been previously announced on the campaign trail by leader Mark Carney. New defence spending, housing…

Carney proposes deeper deficits to fund infrastructure, tax cut
Canadian Prime Minister Mark Carney is promising to run deeper deficits to cut income taxes and grow spending on infrastructure to reduce the country’s dependence on the U.S.
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