this post was submitted on 21 Oct 2025
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Liberal House leader ‘starting to worry’ about support for upcoming budget (www.cbc.ca)
submitted 2 weeks ago by HellsBelle@sh.itjust.works to c/canada@lemmy.ca
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Liberal House leader Steve MacKinnon signalled Tuesday that he’s concerned the government’s budget might not get support from the opposition benches, while at the same time dismissing some demands other parties have laid out.

On Monday, Conservative Leader Pierre Poilievre penned a letter to Prime Minister Mark Carney saying he wants to see an “affordable budget” that includes broad tax cuts and keeping the deficit under $42 billion.

Meanwhile, the Bloc Québécois has said they have six key priorities for the budget including: an increase to the federal health transfer to the provinces, new infrastructure investments, an expansion of the rapid housing initiative, interest-free loans for first-time homebuyers and boosting Old Age Security (OAS) payments for those ages 65 to 75.

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[–] CanadianCorhen@lemmy.ca 1 points 1 week ago (1 children)

You’re right, I’m probably overstating it, but the impact to our deficit is pretty massive.

If the GST had stayed at 7%, instead of being cut to 5%, Ottawa would be pulling in about $25 billion more every year. That alone wouldn’t balance the books, with the 2024–25 deficit be around $25 billion smaller, knocking off 1/3 the deficit.

Over the years since the cut, it adds up to somewhere around $300 billion in lost revenue. Trudeaus COVID spending definitely hurt, but it was still Harper’s GST cuts which took a huge, permanent bite our governments ability to respond when things got rough.