The truth about Harper’s and Mulcair’s failed plan

September 17, 2015

OTTAWA – After ten years under Stephen Harper, middle class Canadians have to work longer and harder just to make ends meet – in an economy that no longer works for them. 

This October, Canadians have a choice between jobs and growth, or cuts that will slow the economy even further.

Today, prominent Canadian economist Don Drummond had the following to say about budget cuts and economic growth:

“Well, they are linked,” said the economist.

“We had a $58-billion fiscal turnaround in the space of five years. That’s over $11 billion (in spending cuts) a year. Over half a per cent of GDP was withdrawn from the economy every year. Well I’m sorry, that has an economic implication.”

“That’s one of the reasons why the economy is weak. I’m just amazed that no one connects the economic and the fiscal part of it.”

(Canadian Press, September 16, 2015)

This election presents Canadians with a clear choice: Justin Trudeau’s plan to invest in Canadian families and grow our economy, or Harper’s and Mulcair’s cuts that will hurt the middle class.