The federal budget was dropped Wednesday afternoon and it’s not sitting well with Grande Prairie-Mackenzie MP Chris Warkentin.
Warkentin believes our region is once again getting the cold shoulder.
He says the federal government continues to take and take but is not giving anything to northwestern Albertans in return.
“We’re disappointed that the government is going to continue to take more money out of the Peace Country, and they announced nothing that will come back to the Peace Country.”
The deficit is down slightly at $23 billion, however, is expected to balloon to $28.5 billion by 2018. According to Warkentin, the Liberal Government is clearly breaking their campaign promise to balance the books by the next federal election in 2019.
“I thought that the Liberals would have to bring their spending addiction under control,” Warkentin said. “Instead, they have offered no plan to return the budget to balance.”
Higher taxes are being placed on smokers, drinkers, and public transportation, and the Liberal’s plan on cracking down on folks who cheat on their taxes. Meanwhile, the Canada Savings Bond will be phased out.
“I’m concerned that Liberals have continued their attack on local small businesses and other job creators with this budget,” Warkentin noted. “Small businesses, agriculture, and our resource sector put roofs over heads and food on the table for families in the Peace Country. Now, Trudeau is inventing new ways to tax our farmers and our energy sector.”
“They have a plan to increase taxes for grain farmers. They also have a plan to change the way in which farmers insure their properties. In fact, there’s an announcement here that the insurance for farmers is doubling.”
Premiums on employment insurance are going up too. A five-cent hike will come into place – for every $100 of insurable earnings, you will now be taxed $1.68 instead of $1.63.
There will also be $11.2 billion spread across the country over the next decade that will go towards affordable housing.