Conservative finance critic Pierre Poilievre held a press conference on Tuesday regarding the Trudeau Liberals' fall 2020 economic statement which was revealed to Parliament yesterday. The fiscal update, given by Finance Minister Chrystia Freeland, was the government's first fiscal update since the start of the COVID-19 pandemic, and was the first budget proposed in two years.
Poilievre criticized the Liberals for doubling the amount of debt that they had promised would be accumulated pre-COVID, calling it a broken promise.
"What did this government do while the sun was shining? Before the coronavirus even hit, they ran a 40 billion dollar deficit. Almost twice what they promised it would be during the election," said Poilievre.
Poilievre said that the government was slow in procuring agreements to bring vaccines to Canada, saying we will behind "billions" of people around the world in receiving the jab.
"With the biggest deficit in the G20, the highest costs of all our competitors, we are getting the worst results... Worst results in jobs, in getting a vaccine, in protecting our finances for the future," Poilievre stressed.
Poilievre said that the deficit would reach as much as 56 percent of GDP by next year, according to the figures released yesterday by the Trudeau Liberals.
"We aren't over the cliff yet, but the government is running quickly towards it."
Poilievre urged the Trudeau Liberals to approve steel working and energy jobs, to break down provincial trade barriers, and to approve credentials of immigrants who come to Canada.
"Let's fix the tax system... Let's make it quicker to get approval for permits for the construction of factories, warehouses, mines," said Poilievre.
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