An­der­son blasts Fall Eco­nomic State­ment for lack­ing a bal­anced bud­get fo­cus


“What a waste of time – we have watched Justin Trudeau’s govern­ment strug­gle all fall. It is in­creas­ingly clear that un­der them the bud­get will never be bal­anced. They have failed to con­trol spend­ing, re­fused to lower taxes and forced a car­bon tax on Cana­di­ans,” said An­der­son. “This is just a re­hash of old Lib­eral talk­ing points. Justin Trudeau and Bill Morneau con­tinue to use the Cana­dian tax­payer as a credit card for their out of con­trol spend­ing.”

The Lib­er­als are propos­ing to give Cana­dian me­dia com­pa­nies an­other $50 mil­lion in an elec­tion year. Some me­dia out­lets will be al­lowed to set up as char­i­ties, ac­cept dona­tions and is­sue re­ceipts. They will also be able to re­ceive fund­ing from other reg­is­tered char­i­ties. A re­fund­able tax credit would be avail­able to se­lect me­dia out­lets who are ap­proved by a govern­ment ap­pointed com­mit­tee.

“I don’t think that it is a co­in­ci­dence that as we go into an elec­tion cy­cle, this govern­ment is try­ing to in­flu­ence the di­rec­tion of me­dia in Canada,” said An­der­son. “It will be in­ter­est­ing and crit­i­cal to watch which out­lets get these priv­i­leges and who is kept from ac­cess­ing them.”

The up­date did not ad­dress the im­por­tant is­sues faced by Western Cana­di­ans and the con­stituents of Cy­press Hills-grass­lands.

Man­u­fac­tur­ing in Western Canada is be­ing ad­versely af­fected by the tar­iffs im­posed on Cana­di­ans by Justin Trudeau. Noth­ing is be­ing done to ad­dress the dam­age they are hav­ing on man­u­fac­tur­ing.

There is noth­ing to ad­dress the im­pact of the US tax cuts, which are pulling Cana­dian com­pa­nies south. The Fi­nance Min­is­ter stated that they can­not match the US tax cuts, be­cause it would add tens of bil­lions of dol­lars to debt if we lower taxes.

This up­date did not ad­dress the fact that for­eign in­vest­ment in Canada is rapidly and dan­ger­ously drop­ping. It did not ad­dress the pro­found neg­a­tive im­pact that this govern­ment has had on the en­ergy sec­tor. Bill C-69, presently be­fore the Se­nate, will make it im­pos­si­ble to re­ceive ap­proval for any ma­jor Cana­dian en­ergy project. The up­date failed to ac­knowl­edge the eco­nomic im­pact of en­ergy com­pa­nies like Kinder Mor­gan leav­ing Canada and tak­ing their in­vest­ment south.

The up­date does not ad­dress the im­pact the Lib­eral govern­ment’s poli­cies are hav­ing on av­er­age Cana­di­ans. 80 per cent of mid­dle class in­come Cana­di­ans are pay­ing higher taxes. The cost of liv­ing in Canada is go­ing up, par­tially be­cause of deficit fi­nanc­ing. Cana­di­ans face new car­bon taxes and higher pen­sion de­duc­tions. All of this means the av­er­age Cana­dian fam­ily is fall­ing be­hind.

“This was a litany of ex­cuses, try­ing to cover bad fi­nan­cial man­age­ment. The Lib­er­als were handed a sur­plus in 2015. Now they say that it would not be ‘ra­tio­nal’ to bal­ance the bud­get. As our Fi­nance Critic, Pierre Poilievre pointed out, ‘they are spend­ing our to­mor­row on their to­day.’ He also noted that what is star­tling is that the govern­ment con­tin­ues to do more and more dam­age to the fis­cal con­di­tion of this coun­try. Af­ter in­her­it­ing bal­anced bud­gets, low in­ter­est rates and hot hous­ing mar­kets, they have now blown ev­ery sin­gle dol­lar of it,” An­der­son con­cluded.

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