Updated: May 3
Ottawa, ON – “More than a year late, swimming in red ink, and rife with risky new economic strategies based on the Liberals "reimagined" Canada. The Liberals appear to be doubling down on their failures,” is how Battle River-Crowfoot MP Damien Kurek responded to Finance Minister Chrystia Freeland’s first budget presented on April 19, 2021. The leader of Canada’s Conservatives, the Hon. Erin O’Toole, stated “the Prime Minister wants to test an out-of-control debt plan without any real stimulus, one that abandons the natural resource sector entirely, and provides no real fiscal anchor. This Ottawa-knows-best approach will continue to lead to ballooning housing costs, higher taxes, growing risk of inflation, and will leave millions of Canadians behind.”
MP Kurek echoed the leader’s sentiment saying “it is a downright travesty when the Liberals have the opportunity to take tangible fiscal action, and they miss the mark entirely. Further, they recycle old promises they have consistently failed to deliver on, neglect our oil and gas sector, and fail to present a tangible way out of the worst health and financial crisis in decades.”
Further to the massive spending was a doubling down on massive Government program expansion, even giving themselves a hundred-billion-dollar slush fund for “green projects” with limited accountability. Canada’s economy was steered through the Great Recession of 2008 by then Prime Minister, Stephen Harper, something MP Kurek notes is an important parallel today.
“A Conservative got us through the last recession and from what we saw today it is going to take a Conservative to get us through this one. We’ve got a solid five-point plan to see a strong Canadian recovery, while the Liberals seem to think the only metric for success is to spend more money.”