Back in 2015, Justin Trudeau said that he would run “modest deficits for three years.” Nine years later, the budget has yet to be balanced. In fact, the Liberals have now doubled our national debt—adding more in their tenure than all other previous governments combined.

 

This year alone, Canada spent $54.1 billion to service our national debt, more than we send to the provinces for healthcare. That’s around $150 million a day, $6 million an hour, $103,000 a minute, and $1700 a second. In other words, the government spends more on interest in about 64 seconds than the average Canadian family earns in a year.

 

Much of this is due to carelessness. Just take for example that an external contractor recently billed the federal government for more than 24-hours of work in a single day, demonstrating the waste inherent in the nearly $20.7 billion the Liberals spent on outsourcing contracts in 2023-2024.

 

The Liberal government’s level of spending is completely unsustainable, and Carney intends to keep it up. He wants to cook the books, creating the façade of a balanced budget while racking up billions in inflationary deficits on pork barrel spending, pet projects, and Liberal waste.

 

Only Conservatives will cut the waste and fix the budget, implementing a dollar-for-dollar rule to bring down the deficit, bring down inflation, cut taxes, and bring home lower prices for Canadians.