MP David Tilson Touts Government’s New Balanced Budget Legislation

May 18, 2021

Our Government recently introduced new legislation that will help create jobs, promote economic growth, and keep Canadians safe. Included within this bill is Canada’s new Balanced Budget Legislation – a set of rules that will ensure that Canadian finances are secure for our future and our children’s’ futures.

Canadians across the country – including here in Dufferin-Caledon – understand the importance of living within their means and expect governments to do the same. Unlike the Liberal leader, who thinks that budgets balance themselves, our Government understands that this is not the case. Keeping your pocket books in order requires discipline and tough decisions. This is the kind of leadership that our Government, under the direction of Prime Minister Stephen Harper, has provided.

This new Balanced Budget Legislation will prevent future governments from running deficits except in extraordinary circumstances. Should a Government introduce a deficit outside of these situations, the salaries of all Ministers and Deputy Ministers would be reduced by five per cent and an automatic operating freeze would go into effect until a return to balanced budgets is achieved.

The contrast couldn’t be clearer. While Justin Trudeau and the Liberals have recently introduced a plan that will return us to deficits and burden our children with debt, our Government is committed to keeping its promise to the people of Dufferin-Caledon to balance the books and put Canada’s finances on a sustainable course.