The Liberals' inaugural budget contains a $29.4-billion deficit for 2016 which is 10.2% of government spending. Proponents of spending argue that it is a great time for the government is going to borrow money, since interest rates are at 50 year lows. Opponents argue that the spending could get out of control and the debt could easily reach $100 billion a year by 2020.
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Increasing tax evasion and increasing taxes on the ultra wealthy and corporations that are making huge profits are very important measures that should be taken.
@9H9B62GConservative1yr1Y
No, sometimes it's okay to have debt. You need to have experienced debt to get into certain university courses.
@936GP5L3yrs3Y
they are the one who made they debt they pay for it.
@92VCKC2Conservative3yrs3Y
they could find a better way
@8ZTMNF73yrs3Y
Increase tax on wealthy and focus on tax evasion and close corporate loopholes
@8ZJHVGJ3yrs3Y
Transfer the debt to justin trudeau's bank account
@8Z6P9KQ3yrs3Y
Yes, or No, if we get an unbiased individual/group (likely someone foreign to Canada, along with a learned private citizen and a government official) to investigate the leading cause of the national debt, along with who’s a bigger influence - private citizens or government bureaucracies/policies.
@8YXSH9P3yrs3Y
Increase tax on wealthy, government officials, multinational corporations, end tax evasion, reduce benefits and salary of government officials and impose a heavy tax on government officials who choose to spend tax money on things that don't benefit the country as a whole (ie snap election)
@8Y3QR3B3yrs3Y
No, increase taxes on large corporations and the rich
@8VSP3RV4yrs4Y
@8VSLS8R4yrs4Y
No legalize and tax prostitution, lower working age
@8VQV6TG4yrs4Y
Neither, the government should increase the TCO of government services through efficiency.
Yes and Stop donating to other countries.
@8VD6SHV4yrs4Y
No, but stop sharing so much with other countries to putt your own country further in debt.
@8VCRVJZ4yrs4Y
We should use our money to help Canada and at the same time work on reducing he debt
@8TZ3WR84yrs4Y
Only way out of this hole is to work with private business giving interest free loans that must be paid back that create jobs which produce tax dollars which will slowly but surely get us out of the hole previous governments have got us in. Always balance the budget even when it hurts and influence companies to create jobs around the problems we are having. Incentives , interest free loans… must be paid back however, no handouts like bombardier. That’s disgusting. Me or any other small business don’t get away with millions. Nor should any other business. That’s… Read more
@8T349Q64yrs4Y
no, Taxes should be a choice if you want the benefits of being a citizen otherwise you must pay privately.
@8S3LNCZ4yrs4Y
No they should cut money given to other countries.
@8PQKMDD4yrs4Y
No find other ways to lower the debt.
@8PCRXL84yrs4Y
No, stop spending the country's money on seemingly random things that may or may not help the country instead
@8KBVQ6L4yrs4Y
Yes, and reduce foriegn aid as well
@8FRYPJB5yrs5Y
Depends where the money is cut from. Also cut some useless government positions and cut tax on wealthy
@8DYQ9WK5yrs5Y
No, lower taxes its rediculous
@98ZH37G2yrs2Y
They need to reduce spending in all aspects, not just the public spending, they need to cut back on the national spending if it is causing the most dept.
@937VKJNConservative3yrs3Y
Some cuts but it should be made but not all
@8ZLQG4Z3yrs3Y
It depends on what they’re cutting. However, if it’s something that isn’t very important for the community, then it could by cut to reduce the national debt.
@8T7KFWB4yrs4Y
yes but not at the loss of other thing
@9C4DW3R2yrs2Y
Not on basic needs such as food, shelter, clothing, ext
@9BCJ5ZT2yrs2Y
No, reduce military spending, police budget, increase taxes and the rich and focus on making it harder for large corporations to avoid taxes
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