Report From Parliament Hill:
Response to the Fiscal Snapshot
Eric Melillo - MP, Kenora Riding
Last week, the Liberal government released their “fiscal snapshot,” and it paints a disturbing picture.
Canada has racked up over $1 trillion in debt. We have the highest unemployment in the G7, and we’ve lost our AAA credit rating. This year’s deficit alone is well over $343 billion.
The Conservative Party is in favour of measures to get support to people who need it. That’s why we supported the Canadian Emergency Response Benefit (CERB) and the Canada Emergency Student Benefit (CESB), and why we’ve urged the government to make changes to the Canada Emergency Business Account (CEBA) and Canada Emergency Wage Subsidy (CEWS) eligibility criteria to allow more Canadians to benefit.
But we would have been better able to financially support those in need if the Liberals had exercised some fiscal restraint before this pandemic.
If the Liberals hadn’t spent so recklessly earlier in their mandate, Canada would have been in a stronger financial position to weather this crisis. And if they hadn’t raised taxes on individuals and businesses, more Canadians would have been able to save for hard times.
But what bothers me the most is that the Liberals don’t have a plan to get our economy moving.
The Conservatives have been proposing constructive solutions that would help Canadians get back to work and allow businesses to keep their doors open. Our proposed Back to Work Bonus, for instance, is a CERB top-up that would allow Canadians to return to work gradually without losing their full benefit – a win-win for workers and business owners.
I know that Canada is in an unprecedented situation. But the government has had months to adjust to this new reality and to begin the plan for the future. We should be talking about recovery – instead, it seems the Liberal government’s long-term goal is to keep Canada on life support.
Canadians deserve better from their
The Conservative Party will continue to propose practical policies to get our economy moving while protecting the health and safety and Canadians. I’m also personally fighting for targeted support for Northern Ontario.
As always, if there is anything my office can assist you with, or a cause you would like me to take up in Ottawa, please do not hesitate to contact me by phone at 807-468-2170 or by email at [email protected].
Member of Parliament - Kenora riding