Monday, August 28, 2017

LIBERAL FISCAL TRAIN WRECK

In his four-year term of office, covering the fiscal years 2016-17 to 2019-20, Trudeau projected during the 2015 election that his deficits would total $24.1 billion, including a $1 billion surplus in 2019-20.
According to Trudeau’s March, 2017 budget, these deficits are now projected to total $102.3 billion with a $23.4 billion deficit in 2019-20, and no end to projected deficits if he's re-elected.
That means Trudeau’s projected deficits for the four-year lifespan of his government are now $78.2 billion higher than the $24.1 billion he predicted in 2015, or 224% higher than he projected.

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