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Ambrose: Government can help and still balance books

Interim Conservative Leader says fiscal plan will only harm the economy by sinking the country further into debt


 
Interim Conservative Leader Rona Ambrose is applauded by her caucus while speaking during a debate on the Speech from the Throne in the House of Commons on Parliament Hill in Ottawa, Canada, December 7, 2015. (Chris Wattie/Reuters)

Rona Ambrose in the House in December 2015. (Chris Wattie, Reuters)

OTTAWA — The Conservatives say it is possible to protect Canada’s most vulnerable while still balancing the federal government’s books.

But interim leader Rona Ambrose told a business gathering in Ottawa today she expects neither from the maiden Liberal budget.

Ambrose says the fiscal plan, to be unveiled Tuesday, will only serve to harm the economy by sinking the country further into debt.

And she predicts that will ultimately result in fewer jobs and harm to vulnerable Canadians.

Speaking to an audience that included Assembly of First Nations chief Perry Bellegarde, Ambrose says the job prospects of indigenous Canadians will suffer.

She also says new taxes on stock options, which some expect to see in Tuesday’s budget, would stifle economic growth and innovation.

Ambrose says the Liberal plan will mark a return to 20th-century thinking that will saddle the country with a massive long-term deficit.

 


 

Ambrose: Government can help and still balance books

  1. I’m hoping she was more eloquent in the speech, because this article makes it sound like she was claiming the Conservatives could bring in less money, spend less money while helping more people.

    Reveal how you would accomplish that and win a massive majority.

    • Well, nowhere in the article does it imply that. Ambrose criticized one specific new tax, and the article says “Conservatives say it is possible to protect Canada’s most vulnerable while still balancing the federal government’s books”. This could be possible, for example, by eliminating the stupid boutique tax breaks Harper brought in, increasing the GST back to 7%, and not having any new spending, except perhaps to “protect Canada’s most vulnerable”. Whether the CPC would actually advocate that is a different story, however, the article does not rule it out as a possibility.

  2. Does she mean they should balance the budget like the conservatives did?

  3. If the government wants to share wealth and show compassion, then by all means do it. But man up and raise taxes accordingly, then face the electorate and justify your reasons.

    Borrowed money is the coward’s way to social change. It doesn’t work and only leads to more pain when the lenders won’t lend anymore, look at Greece.

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