Wednesday, October 31, 2007

 

Harper’s unbalanced economic statement fails families - Tuesday October 30, 2007


Conservatives cut $14 billion cheque to corporate Canada, ignore growing gap

OTTAWA – NDP Leader Jack Layton blasted today’s unbalanced economic statement.


“This was an unprecedented opportunity to invest in people and their communities,” said Layton. “It was an opportunity for targeted tax relief and to close the growing prosperity gap. Instead, the Conservatives will hand out over $14 billion in corporate tax cuts over the next 5 years.”


“Instead of closing the prosperity gap, this statement will continue to widen it and place even greater pressure on middle class families,” added Layton.


NDP Industry critic Peggy Nash (Parkdale-High Park) says the overall economic update was disappointing in its lack of balance.


“The Conservatives have proven again they can’t be trusted to make life truly more affordable for everyday Canadians,” said Nash.


“Without any investment in social or community infrastructure in this statement, the average family will pay a lot more for things like childcare, university and college education or prescription drugs. A one percent drop in the GST will not come anywhere near to putting working families and the middle class ahead.”


Layton announced that the NDP would not be supporting the economic statement.

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