Leader of the Opposition Andrew Scheer rises during Question Period in the House of Commons Wednesday, November 28, 2018 in Ottawa. (THE CANADIAN PRESS/Adrian Wyld)

Scheer says it would take Conservatives five years to balance budget

Scheeraccused the Liberal government of spending $79.5 billion of previously unbudgeted funds

Conservative Leader Andrew Scheer says the economy has become such a mess under the Liberals that it would take a Conservative government five years to clean it up.

He accused the Liberal government of embarking on a “deficit spree” and spending $79.5 billion of previously unbudgeted funds since 2017, adding balancing the budget in the short-term is “impossible.”

Scheer says even the most optimistic projections don’t have the Liberals doing so for 20 more years — but the Conservatives would do so in a quarter of that time.

READ MORE: Cross-Canada corridor concept getting dusted off ahead of election

He made the remarks in a speech to members of the Canadian Club at the Fairmont Hotel Vancouver, where he also said he was pleased with a court ruling today that blocked British Columbia from restricting oil shipments into the province.

The B.C. Court of Appeal ruled that the province doesn’t have the authority to create a permitting regime for companies that wish to increase their flow of diluted bitumen, in a ruling widely considered a win for the Trans Mountain pipeline expansion and Alberta’s efforts to get its resources to overseas markets.

But while he called it a “helpful” ruling, Scheer added that a climate of uncertainty remains for investors in the resource sector and called on the Liberal government to put the brakes on a bill to enact new environmental assessment legislation and fast-track any judicial reviews to the Supreme Court of Canada.

“Obviously the Conservative party is pleased with this decision. However there still is a great deal of uncertainty as it relates to future court processes,” he said.

READ MORE: Trudeau touts economic record at Liberal fundraiser in Vancouver

The Canadian Taxpayers Federation accused Scheer of breaking his word on his previous budget promise, saying in a statement that he signed a pledge in April 2017 with the federation’s youth organization promising to balance the budget within two years if he were elected.

“Canadians are already suffering the consequences of breaking a balanced budget promise: Justin Trudeau’s fiscal recklessness will mean at least $100 billion in additional debt piled on the backs of our children and grandchildren,” the statement says.

“The longer a return to balance is delayed, the more debt will accumulate and the longer Canadians will see billions wasted on interest payments.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

VIU staff go rock-hunting in Nanaimo for grade-school geology courses

University’s earth science department creating introductory teaching kits for schools

VIEX now in full swing

Vancouver Island Exhibition gets underway in Nanaimo

Retired Nanoose Bay teacher ‘Set for Life’ after $675K lottery win

Shannon plans to buy new sails for his sailboat

Nanaimo Arts Council membership showing work in Ladysmith

Island Living Art Show opens at the Waterfront Gallery on Aug. 24

Volunteers needed for Grandparents Day event in Nanaimo

Picnic will take place Sept. 8 at Bowen Park

B.C. sockeye returns drop as official calls 2019 ‘extremely challenging’

Federal government says officials are seeing the same thing off Alaska and Washington state

Beefs & Bouquets, Aug. 22

To submit a beef or a bouquet to the Nanaimo News Bulletin, e-mail bulletinboard@nanaimobulletin.com

VIEX all set for 125th anniversary fair

Vancouver Island Exhibition taking place at Nanaimo’s Beban Park from Aug. 23-25

Expanded support to help B.C. youth from care attend university still falling short

Inadequate support, limited awareness and eligibility restrictions some of the existing challenges

Ethnic media aim to help maintain boost in voting by new Canadians

Statistics Canada says new Canadians made up about one-fifth of the voting population in 2016

Cross-examination begins for B.C. dad accused of killing young daughters

Andrew Berry is charged in the deaths of six-year-old Chloe and four-year-old Aubrey in 2017

Dog attacked by river otters, Penticton owner says

Marie Fletcher says her dog was pulled underwater by four river otters in the Penticton Channel

BC SPCA overwhelmed with cats, kittens needing homes

Large number of cruelty investigations, plus normal ‘kitten season’ to blame

Most Read