Liberals release Platform - Carney platform promises $130B in new spending, deficits until 2029

[CdnFox]

Liberal platform: Carney promises $130B in new spending

Mark Carney’s plan for Canada includes $130 billion in new spending which will see the country run deficits until at least the fiscal year 2028-2029.

 

• 2025-26: $62.3B -- > 1.96% of DGP
• 2026-27: $59.9B -- > 1.83% of GDP
• 2027-28: $54.8B -- > 1.61% of GDP
• 2028-29: $47.8B -- > 1.35% of DGP

and then magically in year five I suppose he'll go to balanced budget by somehow managing to eliminate that 47 billion that he had sticking around in 28/29

Blanchet was right to call this a harry potter budget. "there's no way this is possible" 'STUPIFY!!!!'  "oh it all makes sense now....." 

[Goddess]

Carney gets called out for a gaping flaw in his costed platform by a journalist.

“Based on your platform, Canada would still be more than 60 billion dollars in the red.”

Carney’s response? Don’t worry “I’m an economist”.

[Army Guy]

Carney has already mentioned he plans to spend 500 bil over the next 5 years in the french debate .....this 130 billion is just covering Campaign spending....Liberals have no concept of fiscal responsibility.... And this guy is a banker....I'm starting to think the left deserves this guy...

I mean after 3 terms of liberals already, whom lets point out "is responsible" for the current state of the country is in right now...., with Carney advising and The same Liberal MP's are still going to be in cabinet, Now "liberal voters" are convenience the only person that can save Canada from trump and the mess they made in the first place is another Liberal government... How is that even close to sane thinking....how does that add up....Way to many m0rons in Canada that think Carney is our path to fixing Liberals screw ups we have already faced....

 

 

[CdnFox]

35 minutes ago, Army Guy said:

Carney has already mentioned he plans to spend 500 bil over the next 5 years in the french debate .....this 130 billion is just covering Campaign spending....Liberals have no concept of fiscal responsibility.... And this guy is a banker....I'm starting to think the left deserves this guy...

I mean after 3 terms of liberals already, whom lets point out "is responsible" for the current state of the country is in right now...., with Carney advising and The same Liberal MP's are still going to be in cabinet, Now "liberal voters" are convenience the only person that can save Canada from trump and the mess they made in the first place is another Liberal government... How is that even close to sane thinking....how does that add up....Way to many m0rons in Canada that think Carney is our path to fixing Liberals screw ups we have already faced....

 

 

Well knock on wood unless trump does something to intervene this is what the last week of the conversation will be about, and this weekend as well. And that will be very hard on Mr Carney.

[CouchPotato]

1 hour ago, Goddess said:

Carney gets called out for a gaping flaw in his costed platform by a journalist.

“Based on your platform, Canada would still be more than 60 billion dollars in the red.”

Carney’s response? Don’t worry “I’m an economist”.

Budgets balance themselves.

[Goddess]

Over the next four years, Carney will add $225 billion to the debt.

For comparison, Trudeau planned on increasing debt by $131 billion over those years.

Carney's plan is to rack up nearly $100 billion more debt than Trudeau.

[Goddess]

Carney's hoping we'll fall for his Brookfield First policies.  W,e won't even notice it once his censorship, digital ID CBDC'S kick in.

We'll be more worried about improving our Social Credit Scores so we can afford that loaf of bread.

[Goddess]

🤣

 

 

[CdnFox]

59 minutes ago, Goddess said:

🤣

 

 

Yeaaahhh that was pretty funny  

[CdnFox]

 

BWAAHAHAAAAAAAHAHAHAHAHAAAHHHAHAHAHAHAHAHAHHH!!!!!!

 

 

[betsy]

BREAKING: Carney’s budget is WORSE than Trudeau’s!

 

 

[betsy]

3 hours ago, Goddess said:

🤣

 

 

 

Thanks for that.   I'm re-posting it.

[betsy]

5 hours ago, CdnFox said:

Liberal platform: Carney promises $130B in new spending

Mark Carney’s plan for Canada includes $130 billion in new spending which will see the country run deficits until at least the fiscal year 2028-2029.

 

• 2025-26: $62.3B -- > 1.96% of DGP
• 2026-27: $59.9B -- > 1.83% of GDP
• 2027-28: $54.8B -- > 1.61% of GDP
• 2028-29: $47.8B -- > 1.35% of DGP

and then magically in year five I suppose he'll go to balanced budget by somehow managing to eliminate that 47 billion that he had sticking around in 28/29

Blanchet was right to call this a harry potter budget. "there's no way this is possible" 'STUPIFY!!!!'  "oh it all makes sense now....." 

 

And, it will end up even higher than that! 

Edited Saturday at 09:42 PM by betsy

[CdnFox]

2 hours ago, betsy said:

 

And, it will end up even higher than that! 

There's no doubt. And it's a disaster of a budget that will inevitably create massive inflation. This from my so-called "Economist" . $65 billion dollars in the first year alone

This one might just do him in

[betsy]

You bet, in reality it will be even higher than that!
Haven't we learned yet?

 

Banker’s Budget worse than the Drama Teacher’s

 

 

[betsy]

Just like during the US election - I often scrolled down and read some of the comments below the videos.  It gives me a feel of how the people are reacting, of which of the candidates' supporters are more enthusiastic and engaged.

 

This video has had more than 1 hundred thousand views, and more than a thousand comments  in just 13 hours.

 

 

 

 

Edited yesterday at 11:14 AM by betsy

[TreeBeard]

8 hours ago, betsy said:

This video has had more than 1 hundred thousand views, and more than a thousand comments  in just 13 hours.

Cons certainly seem to have more trolls in comment sections than others.  

[betsy]

Compare costed plans all you want.

With the Liberals, costed plans are irrelevant! 😁


The point:
we know the track record of the LIBERALS when it comes to costed plans and actual cost!
Carney is very much part of the team that gave us the last deficit......that was nowhere near than the lower costed pan they gave before! It had ballooned!
The Liberals don't care about guard rails when it comes to spendings.

Carney is adding a huge amount to that.
You bet, it will be even higher than that costed plan.

That's why we need change!
A change of doing things.


The LIBERALS had been in the driver seat for 10 years.
Look where they'd taken us!
 

 

Carney will most likely win if the polls give the accurate projection.
With TRUMP's trade - which could extend beyond his presidential years IF Vance - or someone who'll continue what Trump had done - becomes his successor.


Our focus shouldn't be HOW TO, OR, WHO WILL NEGOTIATE with Trump.
Trump has a vision for the USA he wants to fulfill. That's his focus.

Ours should be, how to zoom FAST to becoming SELF-RELIANT!

Self-reliance is the surest way to stand against Trump!
Or, anyone else who threatens our sovereignty.

 

SELF-RELIANCE, is our economic salvation.

We can't rely on allies.

Look at Europe - yeah, they're banding together to trade with one another! Because, it benefits them too!
But nobody actually stood up to stand with us and speak against Trump's threat on CANADA becoming the 51st State.
No one actually stood up to Trump to address it!



Bottom line:

It's everyone for himself!

Edited 12 hours ago by betsy

[BeaverFever]

Poilievre counts on the budget (almost) balancing itself
 

Pierre Poilievre is counting on the budget balancing itself. Almost.

There are some mostly vague plans for spending cuts in the Conservative election platform Mr. Poilievre released Tuesday, but it’s not enough to pay for all the party’s promises.

So instead, the Conservative platform relies on the hope that their policies would cause a big economic boom, mostly in the oil and gas sector. They are counting on that boom raining tens of billions of dollars into Ottawa’s coffers.

This is happy thinking, even magical thinking, especially at a time when a trade war with the U.S. has clouded economic forecasts with fears of a recession.

Both the Conservatives and the Liberals promise their policies will lead to economic growth. But it’s the Conservatives, in a break from usual practice, who are already counting the cash.

And they are counting big: By the fourth year, according to the Conservatives, their hypothetical Canadian economic boom would bring in $24.7-billion more in annual revenues than current projections.

“They are basically forecasting that their economic policies will nearly double economic growth,” said economist Mike Moffatt of the Smart Prosperity Institute. “That’s exceptionally optimistic.”

Once upon a time, in 2014, Conservatives ridiculed then-Liberal leader Justin Trudeau for arguing that if the government committed to growing the economy, “the budget will balance itself.”

Mr. Poilievre is now embracing the same idea to reduce the deficit – although to be fair, he’s not actually committing to balancing the budget.

If you cut those hopeful “revenue gains” out, the Conservative platform would actually increase the annual budget deficit, starting next year, by roughly $10-billion a year.
 

That’s the only apples-to-apples way to compare the bottom line in each party’s platform, and by that measure, the amount of red ink in the Conservative platform is not a whole lot less than the Liberals’. Mr. Poilievre, who spent 2½ years attacking Liberal deficits, isn’t planning to slay them.

It’s pretty obvious why the Conservatives built their platform this way. It’s a political document, and the job at hand was balancing political objectives.

Mr. Poilievre wanted to promise big tax cuts and lower deficits, but without also planning for spending cuts, that doesn’t add up. And in a tight election campaign in which the Conservatives are trailing, he doesn’t want talk of Conservative cuts on the lips of voters.

The party’s platform did book some proposed spending trims and savings measures, but the total wasn’t that much different from the Liberals, and the descriptions of what is to be cut are just as vague.

The largest is the plan to eventually cut $10.5-billion on payments that Mr. Poilievre likes to say are for “consultants,” but are actually for professional services. That rubric includes lawyers, engineers, security guards and training programs, among others. Proposing to cut that category in half is not much more specific than promising to save a lot of money by spending less on stuff.

The Conservatives also promised to cut some spending through slashing foreign aid, the size of the civil service and the funding of the CBC. But given the disruption caused in the U.S. by Elon Musk’s Department of Government Efficiency earlier this year, the Conservatives probably fear that promises of more vaguely identified cuts could summon thoughts of Mr. Musk with a chainsaw.

Perhaps none of the fiscal details will make a difference to the outcome of the election, anyway. Political strategists for the major parties tend to view platforms as required but unlikely to sway voters, and assume that most don’t get deep into the numbers.

But the costing plans are a test of each party’s fiscal credibility. And overall, this year’s suggest wide differences not just in economic policy but outlook.

Mr. Carney’s Liberals pledge to spend on infrastructure and industry supports to get through a trade war and stave off recession. Mr. Poilievre’s Conservatives propose tax cuts and energy-sector deregulation to make the economy boom, don’t bother much with industrial strategy and don’t worry that the economy could be in danger.

The Conservatives’ numbers don’t include wiggle room or a recession. Their platform doesn’t just base their figures on the economy avoiding recession for the next four years, but banks on a boom.

The Conservatives count on their policies being surprising game-changers and going exactly as predicted, so the deficit shrinks by itself.

 

https://www.theglobeandmail.com/politics/opinion/article-poilievre-counts-on-the-budget-almost-balancing-itself/

[BeaverFever]

On 4/19/2025 at 4:08 PM, CdnFox said:

 

BWAAHAHAAAAAAAHAHAHAHAHAAAHHHAHAHAHAHAHAHAHHH!!!!!!

 

 

It’s right here:  https://liberal.ca/cstrong/

 

Maybe conservatives don’t know how to use a computer?

[BeaverFever]

On 4/22/2025 at 6:34 AM, betsy said:

You bet, in reality it will be even higher than that!
Haven't we learned yet?

 

Banker’s Budget worse than the Drama Teacher’s

 

 

Teo can play that game 

 

 

[WestCanMan]

On 4/19/2025 at 9:24 AM, Goddess said:

Carney gets called out for a gaping flaw in his costed platform by a journalist.

“Based on your platform, Canada would still be more than 60 billion dollars in the red.”

Carney’s response? Don’t worry “I’m an economist”.

Yet he couldn't create a self-balancing budget, like Trudeau did. 

[WestCanMan]

48 minutes ago, BeaverFever said:

Two can play that game 

What's worse:

• a $220B deficit with an economy that's been hamstrung by anti-pipeline laws which force us to sell our oil and gas to the US at heavily discounted prices
• a $60B deficit with a vastly expanded export economy?

 

Don't worry, that was a rhetorical question. I know your answer is "But but but... PLASTIC STRAWS AND AN ABORTION BAN!!!!", just like your answer to "which leader has more integrity". 

 

OOOH OOOH OOOH OOOH Another question: "Which party actually got caught colluding with China?"

 

Buh-bye Beavey. Run away now 🤣

[CdnFox]

2 hours ago, BeaverFever said:

It’s right here:  https://liberal.ca/cstrong/

 

Maybe conservatives don’t know how to use a computer?

They edited it and put it back   Even the liberals admitted it was down. They've made 'minor changes'.  Vassey had a show discussing the platforms just yesterday i believe and noted that. 

Maybe liberals have to lie to win elections?