This week is the week Canadians will be subjected to the first Liberal budget. It is clear that money is going to be shoveled into a myriad of projects and that Canadians are expected to ignore the massive deficit that will be created. As more and more promises have been made, it is clear that accountability and good financial management are being set aside.
We left this government a surplus, having come through the worst financial crisis in decades. We got back to a balanced budget without raising taxes, by restricting spending, and by making good decisions about the future of our country. And it paid off with surpluses in both of the last two years. That is all being thrown out the window overnight.
Restricting TFSAs, changing the OAS requirements, raising taxes – these directly impact the average Canadian, both now and into the future.
In the midst of the upcoming spending frenzy, Canadians would do well to remember that the government does not have its own money. It has only one source of revenue and that is you, the average Canadian taxpayer. When its spending is out of control, you are the one who is paying the bill.
David Anderson, MP