The Liberals' scaremongering smacks of desperation. They offer no evidence to back up their claim that the Conservative platform, to be released this week, would lead to a deficit.
The Conference Board of Canada states:
“...we found that the Conservative Party’s economic platform is affordable in each fiscal year from 2005-2006 through 2010-2011. In each year there is enough fiscal room to pay down at least $3 billion a year in debt, as in the [government’s] fiscal plan.”
The Conference Board also found that there is substantial surplus in the Conservative fiscal plan: “Over the five-year forecast horizon to 2010-2011, the CBoC economic and fiscal outlook suggests that there remains $15.7 billion in unallocated fiscal room, over and above the annual debt payment, which provides further cushion to ensure that deficits do not occur due to adverse economic effects.”(Emphasis mine)
Read the rest at the link and view the actual PDF letter from the Conference Board.
