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Federal finance minister Chrystia Freeland has cut her Disney+ subscription and suggests other Canadians do the same.
In an interview aired by Global News over the weekend, Freeland spoke with anchor Mercedes Stephenson about skyrocketing interest rates, the rising cost of living, and what steps Ottawa is taking to help Canadian familes.
When asked by Stephenson about whether the government is open to reviewing programs looking for wasteful spending, Freeland responded that they were "going to look to find $9 billion in savings in the federal budget," $3 billion coming from COVID-related savings and the other $6 billion coming from reviewing "are there things we don't need to do anymore."
Freeland followed that with an acknowledgment that Canadian families are facing a challenging time and examining their own spending.
“I personally, as a mother and wife, look carefully at my credit card bill once a month. And last Sunday, I said to the kids, ‘you’re older now. You don’t watch Disney anymore. Let’s cut that Disney+ subscription,'” she added. “So we cut it. It’s only $13.99 a month that we’re saving, but every little bit helps.”
She claims that she'll take that same approach with the government, "because that's money of Canadians."
Freeland tabled and presented the latest economic plan last Thursday, which aims to balance the budget by 2027. The plan was widely criticized by the other parties, with Conservative leader Pierre Poilievre saying that it will create "more debt than all previous prime ministers combined."
Poilievre says the plan "triples the tax on home heat, gas, and groceries and adds $20 billion of inflationary spending that will drive up the cost of living." His party had earlier demanded that there be no new taxes on workers and seniors, and no new spending unless matched by equal savings.
The Canadian national debt currently sits at $1.1 trillion. Despite the government's claim that this debt was necessary because of the COVID-19 pandemic, it is estimated that 40% of the spending that got the country into this much debt had nothing to do with COVID.
In an interview aired by Global News over the weekend, Freeland spoke with anchor Mercedes Stephenson about skyrocketing interest rates, the rising cost of living, and what steps Ottawa is taking to help Canadian familes.
When asked by Stephenson about whether the government is open to reviewing programs looking for wasteful spending, Freeland responded that they were "going to look to find $9 billion in savings in the federal budget," $3 billion coming from COVID-related savings and the other $6 billion coming from reviewing "are there things we don't need to do anymore."
Freeland followed that with an acknowledgment that Canadian families are facing a challenging time and examining their own spending.
“I personally, as a mother and wife, look carefully at my credit card bill once a month. And last Sunday, I said to the kids, ‘you’re older now. You don’t watch Disney anymore. Let’s cut that Disney+ subscription,'” she added. “So we cut it. It’s only $13.99 a month that we’re saving, but every little bit helps.”
She claims that she'll take that same approach with the government, "because that's money of Canadians."
Freeland tabled and presented the latest economic plan last Thursday, which aims to balance the budget by 2027. The plan was widely criticized by the other parties, with Conservative leader Pierre Poilievre saying that it will create "more debt than all previous prime ministers combined."
Poilievre says the plan "triples the tax on home heat, gas, and groceries and adds $20 billion of inflationary spending that will drive up the cost of living." His party had earlier demanded that there be no new taxes on workers and seniors, and no new spending unless matched by equal savings.
The Canadian national debt currently sits at $1.1 trillion. Despite the government's claim that this debt was necessary because of the COVID-19 pandemic, it is estimated that 40% of the spending that got the country into this much debt had nothing to do with COVID.
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