The budget introduced in Parliament on November 4 will drive up the cost of food, housing, and everything else that Canadians buy, according to Kelly Block, Conservative Member of Parliament for Carlton Trail – Eagle Creek.
Block issued a statement November 5 noting the federal Liberal government’s 10th spending plan contains “the most costly and largest budget deficit in Canadian history outside of COVID.”
“With this budget, Mark Carney has broken every single promise he made to Canadians six months ago,” said Block. “He promised to keep the deficit at $62 billion, it is now $78 billion, twice the size of that under Justin Trudeau.
“He promised to lower the debt-to-GDP ratio, it is rising along with inflation.
“He promised to spend less but is spending more, $5,400 more in inflationary spending per Saskatchewan household,” she added. “Every dollar the Prime Minister spends comes out of the pockets of Canadians.”
Block said this budget will force Canadians to spend more on debt interest than on health care transfers and more than the government collects in GST.
“That means every dollar that Canadians pay in GST will go to bankers and bondholders instead of to doctors and nurses,” she said. “At the same time, he is raising the industrial carbon tax on our farmers’ equipment and fertilizer and on steel, concrete and other industrial projects needed to build homes – resulting in a big tax increase on homes and food.”
Block said after the Liberals doubled the cost of housing and doubled the lineups at food banks, Conservatives were calling for an affordable budget for an affordable life. Instead, they got the most expensive government in Canadian history.
“On behalf of all the Canadians who can no longer afford to eat, heat or house themselves because of Liberal inflation, Conservatives will oppose this costly deficit budget that is gambling away Canada’s future,” she said. “We will put forward an amendment to boost take home pay, deliver affordable food by ending hidden taxes, cut wasteful spending, get rid of bureaucracy to build affordable homes, and open our country to opportunity.”
Block concluded that her party wants a hopeful future.
“For our young people, we want homes, jobs and hope,” she said. “For our seniors, we want affordability. And we will work hard to bring back the promise of Canada.”