Calgary, AB – The Hon. Pierre Poilievre, Leader of the Conservative Party of Canada and the Official Opposition, warned that the latest Liberal “costly credit-card” budget loads today’s reckless spending onto tomorrow’s taxpayers – doubling deficits, driving prices higher, and leaving families stuck with an unaffordable bill for groceries, housing, and fuel.
“This is Carney’s costly credit-card budget, maxing out the nation’s finances and mailing Canadians the bill later in higher prices, higher interest and higher taxes,” Poilievre said. “The more Liberals spend, the more things cost for you and your family.”
The Prime Minister promised to “spend less,” deliver a U.S. deal by July, and spark investment and homebuilding. Instead, the deficit has doubled, there is still no deal with the United States, investment is falling, and the government’s own housing agency now projects a decline in building.
The results after a decade of reckless Liberal policies are in. Canada has the first generation in history giving up on home ownership, the highest housing costs in the G7, and food bank use that has more than doubled to almost 2.2 million monthly visits.
When Liberals run massive deficits, Canadians pay the price. Hidden Liberal taxes pile on: carbon taxes on fertilizer and fuel, packaging rules that mean more rotten food and higher grocery bills, and fuel standards that raise trucking costs. Families feel it at the checkout and at the pump, while small businesses watch their margins shrink.
On housing, the Liberal answer is even more bureaucracy. A large share of a new home’s price is now taxes, fees, delays and consultants. Instead of tackling these head-on, the budget goes in the opposite direction and completely backs away from the Liberals’ promise in the last election to cut development charges in half.
Mark Carney’s budget is his most expensive broken promise: new spending far outstrips any claimed savings, with roughly a third of a trillion dollars in new debt over five years. “Government has no money of its own,” Poilievre said. “It can only pay with taxes, debt, or inflation. Either way, Canadians get the bill.”
Poilievre reiterated his goal of restoring Canada’s promise: a country where hard work leads to a home with a yard, meat and potatoes on the dinner table, and safe streets under a proud flag.
“You don’t have to live like this. We will make life affordable again by ending the deficits that drive inflation, cutting the taxes and delays that block homes and paycheques, and unleashing the resources and builders of this land,” Poilievre said. “Canada has the people, the energy and the opportunity to be the richest country on earth—if government gets out of the way.”