OTTAWA – On Monday, the Federal government released their Fall Economic Statement at a time when Canadians are still struggling with growing inequality and a cost-of-living crisis. Yet, despite the challenges people are facing, the Fall Economic Statement does very little to alleviate Canadians’ financial concerns.
“This statement clearly shows the government is on the wrong track on affordability, housing, and health care,” said Carol Hughes, MP for Algoma-Manitoulin-Kapuskasing. “There are a few measures that will help, such as expanding automatic tax filing, exempting taxes on the Canada Disability Benefit, and improving credential recognition for healthcare workers. But it mostly feels like tinkering around the edges while corporate interests are making out like bandits, to the tune of $17 billion in corporate tax cuts and continued subsidies for the already-profitable oil-and-gas industry.”
Following an astonishing day in Parliament that saw the Finance Minister / Deputy Prime Minister resign from Cabinet, the Fall Economic Statement was tabled late by the Government House Leader without statement or explanation.
“New Democrats believe it’s time that ordinary Canadians are made the priority,” said Hughes. “We can no longer afford corporate handouts and oil company subsidies at a time when people continue to have trouble making ends meet, and Conservative cuts would only make things harder.”
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