“The deficit is $7 billion bigger than the Liberals promised right before the election.”
The Trudeau government’s fiscal update is being slammed across the board, with deficits up, debt up, and growth down.
Conservative finance critic Pierre Poilievre slammed the update, pointing out two big broken promises by the Liberals.
First, the deficit is $7 billion higher than the Liberals said it would be ahead of the election. Additionally, the Liberals love to talk about the ‘declining debt-to-GDP ratio’, which can be a good measure of whether debt is sustainable or not.
Except, the debt-to-GDP ratio is getting worse in Canada, something the Liberals had promised wouldn’t happen under their watch.
You can watch Poilievre shred the Liberal fiscal update below:
More job losses.
— Pierre Poilievre (@PierrePoilievre) December 16, 2019
Photo – YouTube