A Responsible Fiscal Plan

responsible fiscal

table contents believe ve delivered moving economy forward revenue making taxes fair investments choosing forward believe years ago clear canadians things believe hasn t changed know country ��t cut way prosperity cuts don t help people austerity doesn t grow economy putting interests wealthy people ahead middle class country like canada moving forward gt believe economy starts middle class ��s first things did government taxes wealthiest percent cut taxes middle class ��s first budget introduced canada child benefit �� help families high cost kids believe investing people communities makes good economic sense ��s right thing investments young people families helping make life affordable giving kids good start life investments seniors helping people secure dignified retirement historic investments infrastructure helping build communities places live today prepared changing climate tomorrow believe deserves real fair chance success years austerity cuts economy slowing �� people feeling especially real needs didn t line aggressive plans eliminate deficit like people living poverty indigenous peoples women young people racialized people people living disabilities members lgbtq communities vulnerable seniors believe deserves real fair chance success took different approach investing people targeted measured fiscally responsible ve delivered invest people �� combined canadians �� hard work �� helped economy forward canadians created million jobs just years wage growth helping canadians ahead progress needed economy growing steadily declining debt relative size economy canada best balance sheet g ��ve helped lift people poverty time know need prepared challenges come way events taking place world real sense global economic uncertainty need ready respond moving economy forward continue government s debt function economy year net debt gdp ratio �� currently cent �� downward track laid fiscal track fiscal anchor continue decline puts canada enviable position especially compared g countries net debt gdp ratio half eu average united states right relatively low level debt competitive advantage government fully committed maintaining advantage increasingly volatile unpredictable world continue build confidence canada s economy making sure world continues great place invest canada ��triple �� credit rating recognized credit rating agencies countries g germany boast similarly record rating reflects confidence ratings agencies canada s economic strength rating importantly ratings people understand work economy growing continue invest people things people quality life years shown happen people first invest things make lives easier money families help grow economy good jobs liveable communities fewer people living poverty seek country backward balancing books costs backs hard working canadians �� forward investments know make real difference economy moving forward canada s economy doing need ready respond challenges arise right tools disposal react quickly appropriately need fiscal track recognizes challenging economic realities face years ahead recognizes parliamentary budget officer affirmed �� current government spending sustainable long term �� gives room need invest long term growth pbo baseline planning framework m pbo fiscal projection june revenue investment platform fiscal projection platform debt gdp ratio revenue making taxes fair ensure continue resources needed invest people economy growing forward transparent publicly reported review existing tax measures action make taxes fair includes taking steps crack corporate tax evasion avoidance asking wealthiest canadians pay little bit undertake comprehensive review government spending tax expenditures ensure wealthy canadians benefit unfair tax breaks similar review committed identified billion year reinvested middle class modernize anti avoidance rules stop large multinational companies able shop tax rates constructing complex schemes countries existing whistleblower programs based best practices countries including united states crack corporate tax loopholes allow companies excessively deduct debt artificially tax pay introduce cent tax luxury cars boats personal aircraft make sure multinational tech giants pay corporate tax revenue generate canada work achieve standard set organisation economic operation development oecd ensure international digital corporations products consumed canada collect remit level sales taxation canadian digital corporations limit housing speculation drive home prices place consistent national tax vacant residential properties owned non canadians don t live canada revenue m tax fairness measures tax expenditure government spending review cracking corporate tax loopholes making multinational tech giants pay fair share taxing speculators speculation tax vacant residential property luxury tax measures self financing ei measures trans mountain expansion project �� total change revenue investments choosing forward promised help canadians make informed choices elections adding costing party platforms office parliamentary budget officer s mandate followed promise recognizing resource limits office placed parties focused working office largest complex commitments particularly costing uncertain lack available public information referred office proposals related changes personal corporate income taxes investments m helping canadians earn enhancing first time homebuyers incentive help families kids affordable accessible child care making pse affordable making travel affordable people living north e i career insurance benefit increasing e i sickness benefits weeks ensuring apprentices work experience need helping people disabilities work attend school strengthening public health care doubling canada child disability benefit pediatric cancer research increasing oas seniors age canada entrepeneur account fees smes e payroll zero emissions technology incentives national infrastructure fund tourism community infrastructure fund canada water agency measures oceans fish support coastal communities retained earnings finance expanded services agricultural sector investing natural climate solutions helping people prepare respond floods increasing disaster management assistance fund making homes businesses energy efficient rebate used zevs electrifying transit transportation learn camp tackling gun crime free legal aid survivors sexual assault intimate partner violence additional resources rcmp hiring judges prosecutors access drug treatment combatting opioid meth addiction supporting mental health wellness veterans veterans disability benefits helping spouses caf rcmp relocate addressing veterans �� homelessness supporting diversity anti racism multiculturalism initiatives support arts culture training teachers immersion second language community infrastructure official language communities distinctions based indigenous infrastructure planning enhancing support peacekeeping peace building conflict prevention playing role training support international allies establishing centre peace order good government international leadership ensure refugee children high quality education making applying canadian citizenship free permanent residence monies reinvested related measures total investments fiscal impact

responsible fiscal

table contents believe ve delivered moving economy forward revenue making taxes fair investments choosing forward believe years ago clear canadians things believe hasn t changed know country ��t cut way prosperity cuts don t help people austerity doesn t grow economy putting interests wealthy people ahead middle class country like canada moving forward gt believe economy starts middle class ��s first things did government taxes wealthiest percent cut taxes middle class ��s first budget introduced canada child benefit �� help families high cost kids believe investing people communities makes good economic sense ��s right thing investments young people families helping make life affordable giving kids good start life investments seniors helping people secure dignified retirement historic investments infrastructure helping build communities places live today prepared changing climate tomorrow believe deserves real fair chance success years austerity cuts economy slowing �� people feeling especially real needs didn t line aggressive plans eliminate deficit like people living poverty indigenous peoples women young people racialized people people living disabilities members lgbtq communities vulnerable seniors believe deserves real fair chance success took different approach investing people targeted measured fiscally responsible ve delivered invest people �� combined canadians �� hard work �� helped economy forward canadians created million jobs just years wage growth helping canadians ahead progress needed economy growing steadily declining debt relative size economy canada best balance sheet g ��ve helped lift people poverty time know need prepared challenges come way events taking place world real sense global economic uncertainty need ready respond moving economy forward continue government s debt function economy year net debt gdp ratio �� currently cent �� downward track laid fiscal track fiscal anchor continue decline puts canada enviable position especially compared g countries net debt gdp ratio half eu average united states right relatively low level debt competitive advantage government fully committed maintaining advantage increasingly volatile unpredictable world continue build confidence canada s economy making sure world continues great place invest canada ��triple �� credit rating recognized credit rating agencies countries g germany boast similarly record rating reflects confidence ratings agencies canada s economic strength rating importantly ratings people understand work economy growing continue invest people things people quality life years shown happen people first invest things make lives easier money families help grow economy good jobs liveable communities fewer people living poverty seek country backward balancing books costs backs hard working canadians �� forward investments know make real difference economy moving forward canada s economy doing need ready respond challenges arise right tools disposal react quickly appropriately need fiscal track recognizes challenging economic realities face years ahead recognizes parliamentary budget officer affirmed �� current government spending sustainable long term �� gives room need invest long term growth pbo baseline planning framework m pbo fiscal projection june revenue investment platform fiscal projection platform debt gdp ratio revenue making taxes fair ensure continue resources needed invest people economy growing forward transparent publicly reported review existing tax measures action make taxes fair includes taking steps crack corporate tax evasion avoidance asking wealthiest canadians pay little bit undertake comprehensive review government spending tax expenditures ensure wealthy canadians benefit unfair tax breaks similar review committed identified billion year reinvested middle class modernize anti avoidance rules stop large multinational companies able shop tax rates constructing complex schemes countries existing whistleblower programs based best practices countries including united states crack corporate tax loopholes allow companies excessively deduct debt artificially tax pay introduce cent tax luxury cars boats personal aircraft make sure multinational tech giants pay corporate tax revenue generate canada work achieve standard set organisation economic operation development oecd ensure international digital corporations products consumed canada collect remit level sales taxation canadian digital corporations limit housing speculation drive home prices place consistent national tax vacant residential properties owned non canadians don t live canada revenue m tax fairness measures tax expenditure government spending review cracking corporate tax loopholes making multinational tech giants pay fair share taxing speculators speculation tax vacant residential property luxury tax measures self financing ei measures trans mountain expansion project �� total change revenue investments choosing forward promised help canadians make informed choices elections adding costing party platforms office parliamentary budget officer s mandate followed promise recognizing resource limits office placed parties focused working office largest complex commitments particularly costing uncertain lack available public information referred office proposals related changes personal corporate income taxes investments m helping canadians earn enhancing first time homebuyers incentive help families kids affordable accessible child care making pse affordable making travel affordable people living north e i career insurance benefit increasing e i sickness benefits weeks ensuring apprentices work experience need helping people disabilities work attend school strengthening public health care doubling canada child disability benefit pediatric cancer research increasing oas seniors age canada entrepeneur account fees smes e payroll zero emissions technology incentives national infrastructure fund tourism community infrastructure fund canada water agency measures oceans fish support coastal communities retained earnings finance expanded services agricultural sector investing natural climate solutions helping people prepare respond floods increasing disaster management assistance fund making homes businesses energy efficient rebate used zevs electrifying transit transportation learn camp tackling gun crime free legal aid survivors sexual assault intimate partner violence additional resources rcmp hiring judges prosecutors access drug treatment combatting opioid meth addiction supporting mental health wellness veterans veterans disability benefits helping spouses caf rcmp relocate addressing veterans �� homelessness supporting diversity anti racism multiculturalism initiatives support arts culture training teachers immersion second language community infrastructure official language communities distinctions based indigenous infrastructure planning enhancing support peacekeeping peace building conflict prevention playing role training support international allies establishing centre peace order good government international leadership ensure refugee children high quality education making applying canadian citizenship free permanent residence monies reinvested related measures total investments fiscal impact