November 21, 2018
FOR IMMEDIATE RELEASE
OTTAWA, ON – The Honourable Pierre Poilievre, Conservative Shadow Minister for Finance, today issued the following statement regarding the Fall Economic Statement:
“Justin Trudeau said the budget would balance itself. Now he admits that under his plan it won’t balance at all.
“Instead this year’s deficit is more than three times what he said it would be and he has added $60 billion to the national debt.
“The reality is Justin Trudeau has squandered the good fortune he inherited in 2015 and has failed to prepare for inevitable future economic downturns.
“His unrestrained spending and resulting deficits have forced interest rates and inflation up, putting even more pressure on already overtaxed and indebted Canadian families.
“The cost of government is driving up the cost of living. This can not continue.
“Every year that Justin Trudeau runs deficits, he is borrowing money from future generations. Today’s deficits are tomorrow’s taxes. Canadians know that its wrong to leave their children with unpaid bills, but that is exactly what the Prime Minister is doing.
“A Conservative government will stand up for the common sense of the common people who understand that budgets don’t balance themselves and who know you can’t get out of debt by borrowing more money.”
For more information, please contact:
Office of Pierre Poilievre, MP