Federal Budget A Missed Opportunity
To Reduce Inequality and Create Jobs
March 23rd, 2016 - 4:23pm
FEDERAL BUDGET A MISSED OPPORTUNITY TO REDUCE INEQUALITY IN SASKATOON
SASKATOON – The federal budget missed yet another opportunity to address the issue of income disparity as many of the Liberal’s platform commitments on housing are missing, and the budget failed to put forward a concrete plan to tackle the growing inequality in our country.
“Residents of Saskatoon were hoping to find concrete measures to reduce inequality and income disparity in today’s budget but they are finding missed opportunities instead,” said Sheri Benson, MP for Saskatoon West. “Canadian families are being told to wait for years because the Liberals can’t or won’t deliver on key campaign promises, while families here in Saskatoon have bills to pay at the end of this month.”
The budget took no action to eliminate costly stock option loopholes for CEOs or reverse any of Stephen Harper’s tax cuts for the most profitable companies couch surfing on the backs of hardworking Canadian taxpayers. This is money that could have been used to lift children out of poverty in Saskatoon, invest in health care and support local job creation.
“The gap between the rich and everyone else is growing in Saskatoon, but instead of tackling income disparity, the Liberals gave a tax credit that mostly benefits the wealthy,” added Ms Benson. “Budgets are about choices and it’s clear the Liberals chose to give more to the wealthy than help hard working families here in Saskatoon.