British Columbians struggling with precarious employment, rising costs, and record household debt got little in the Federal Liberal budget to make Canada’s economy work for them, while the wealthy and well-connected were rewarded.
“Looking through this budget there is very little to address the immediate challenges and priorities of the people across our region,” said Stetski. “There are some promising commitments to invest in affordable housing and childcare, but our communities will have to wait a decade to see most of that money. This is a stark contrast to the tax breaks for wealthy CEOs and giveaways to large corporations, which seem to be a priority for this government”
By failing to follow through on Trudeau’s promise to close CEO stock option loopholes, the federal budget hands over another $725 million to the wealthiest CEOs every year. At the same time the budget fails to provide the $155 million needed to end the systemic discrimination in the provision of services to indigenous children.
Budget 2017 pushes forward the Liberal’s plans to privatize public infrastructure including selling off airports that will leave Canadians paying higher prices for generations through new and increased user fees and tolls while private investors get rich. The Liberals are also cutting funding for the Pan-Canadian Clean Growth and Climate Change framework by more than a billion dollars over the next two years.
One highlight of the budget for Stetski is a commitment to invest in improved service delivery for Canadians accessing EI and OAS.
“It is great to see an acknowledgment of the importance of providing better service,” said Stetski. “I have been sharing the frustrations of my constituents and raising these issues in the House of Commons and I am pleased the government has responded.”
“This budget does not reflect the ‘real change’ we were promised. To get elected in 2015 the Liberals promised three years of $10 billion dollar deficits followed by a balanced budget in 2019. What we get is $102.3 billion dollars of additional debt over the 4 year life of this Liberal government with no balanced budget in sight,” said Stetski. “This is not the legacy Canadians want to leave to our children and grandchildren.”