September 1, 2021
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s Liberal Party on Wednesday pledged a whopping C$78 billion ($62 billion) in new investments over five years, with a focus on healthcare, if it wins the Sept 20 federal election.
The investments would be partially offset by more than C$25 billion in new revenue, mostly from a higher tax https://www.reuters.com/world/americas/canadas-ruling-liberals-vow-raise-taxes-profits-big-banks-insurers-2021-08-25 on the profits of banks and insurers and fighting tax evasion, the party said in its release of its full election platform. Overall debt as a percentage of economic output will fall, it said.
(Reporting by Steve Scherer)
Source: One America News Network
