Deputy Prime Minister and Minister of Finance Chrystia Freeland presents the federal budget as Prime Minister Justin Trudeau listens in the House of Commons in Ottawa on Tuesday, April 16, 2024.
The Trudeau government's eighth budget is aimed explicitly at the fact that, for many Canadians, life does not seem very fair right now. The present feels inequitable and the promise of a better future is not guaranteed. The Trudeau government's eighth budget is aimed explicitly at the fact that, for many Canadians, life does not seem very fair right now. The present feels inequitable and the promise of a better future is not guaranteed.
This budget can be read as the Liberals' attempt to face up, rhetorically and practically, to an acute problem that threatens whatever chances they may still have of holding power through a fourth election. But it also draws heavily on the original argument — and theFreeland's new federal budget hikes taxes on the rich to cover billions in new spending"Democracy is not inevitable.
That Freeland was able to announce new measures while keeping to the government's previous fiscal targets was due to a little restraint — Freeland proudly announced a plan to modestly reduce the size of the public service — and a tax change that was itself framed in terms of fairness.Finance Minister and Deputy Prime Minister Chrystia Freeland said this year's federal budget will pave the way for Canada to build more homes at a pace not seen since the Second World War.
"Let's be honest about what austerity and shrinking the state would mean for Canadians. It means you're on your own," she said.Responding to Tuesday's budget by the federal Liberals, opposition Leader Pierre Poilievre says Conservatives will vote against the financial plan, and renewed his call for 'a carbon tax election' to replace Prime Minister Justin Trudeau.
Freeland's suggestion that we should not be surprised if Canadians lose faith in a democracy that fails to uphold the social contract is an update of a warning Trudeau himself delivered more than a decade ago, shortly after he launched his campaign for the Liberal leadership.
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