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Justin Trudeau’s political party promised to compete fiercely before the September 20 election and will spend $62 billion in new spending in five years.
Canada’s ruling Liberal Party has pledged to make billions of dollars in new investments in the weeks leading up to the federal elections, as the party seeks to gain momentum in the fierce campaign and Recent harvest Initiated by the rival Conservative Party.
Liberal Party leader Justin Trudeau announced the party’s elections platform At a press conference in Toronto on Wednesday, promised to spend 78 billion Canadian dollars ($62 billion) in new spending over the next five years, with a focus on health care.
The party stated that these investments will be partially offset by more than 25 billion Canadian dollars (19.8 billion U.S. dollars) of new revenue, mainly from higher taxes on the profits of banks and insurance companies and combating tax evasion.
In announcing the plan on Tuesday, Trudeau said: “We have a plan to move forward for everyone in terms of health, housing, childcare and climate.”
The new investment-within five years, from 2021 to 2026-is in addition to 101 billion Canadian dollars (81 billion US dollars) in additional expenditures over the past three years Budget earlier this year.
Justin Trudeau thumbs up at the Greater Toronto Convention Center during the election campaign in Toronto, Ontario, Canada, September 1, 2021 [Carlos Osorio/Reuters]The Liberal Party invested heavily in plans to protect citizens and businesses from the COVID-19 pandemic, thereby pushing the national debt and budget deficit to record highs. Trudeau avoided repetitive questions about when to balance the budget.
“I think it’s important to take on financial responsibility. I think it’s important to live within our means,” he said. “I think it is also important to make the right investment so that future generations can prosper.”
Trudeau August 15 Triggered a quick election After the party was demoted to a minority government with 157 seats in the last vote in 2019, the party expected the Liberal Party to return to the majority government two years in advance.
However, recent polls showed that before the September 20 vote, the competition was fierce. The Conservative Party of Canada led by Erin O’Toole received 33.8% support, while the Liberal Party’s support rate was 31.2%. CBC’s vote tracker, Which aggregates publicly available election poll data.
Trudeau faced angry protests during the campaign and was forced to cancel an event in Ontario last Friday for safety reasons after a group of protesters against vaccines and wearing masks appeared.
The angry demonstrators also rallied at the second Trudeau campaign in Ontario over the weekend, “insulting the Prime Minister loudly, issuing death threats to the Prime Minister, and racist and misogynistic about the protection details of people of color and women. Insult”, CBC News Report.
Conservative party leader Erin O’Toole also proposed a platform for big money [Christinne Muschi/Reuters]Conservative candidate Kyle Seebeck said that some of his supporters participated in the protests and were “no longer popular” in his campaign.
On Tuesday, the Conservative Party criticized the Liberal Party’s election platform. O’Toole’s director of strategy Dan Robertson said on Twitter that it was “more borrowing, more debt, higher taxes and rising prices”.
O’Toole also proposed a platform for large expenditures, but he said on Tuesday that he would “not cut expenditures” within 10 years and would only increase revenues through stronger economic growth to balance the budget. The Conservative Party has yet to elaborate on the cost of its platform.
“If he doesn’t show the numbers, why should Canadians believe him?” Trudeau talked about O’Toole’s promise to balance the budget.
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