The campaign for Elizabeth May, MP and federal Green Party leader, has reported a number of signs missing in the last few days. (Wolf Depner/News Staff)

May promises a balanced Green budget as party leaders hit coasts

Green Leader Elizabeth May says party would balance budget by 2024 if elected

Green Leader Elizabeth May says her party, if elected, would balance the federal budget by 2024.

May opened Wednesday’s campaigning by federal leaders by offering the costing of her party’s platform.

“We are able to put before you a budget that is balanced in five years. But to do that we have a number of really large, new revenue pieces,” she said in Halifax.

May proposed a series of new tax measures that she said would create tens of billions of dollars of new revenue for federal coffers. Among them was what she called a “very small tax on financial transactions” that she said would raised $18 billion by 2025.

May said the Greens would increase corporate taxes, close the capital gains loophole, apply a wealth tax to Canadians with more than $20-million dollars and eliminate fossil-fuel subsidies.

Previously, the Greens promised new spending to introduce universal pharmacare, abolish tuition for post-secondary education and provide universal child care, as well as protecting the environment.

ALSO READ: Elizabeth May feels people are looking at the Green Party with new eyes

Conservative Leader Andrew Scheer, who is campaigning in Quebec, has also promised Canadians a balanced budget, but has yet to explain exactly how.

Liberal Leader Justin Trudeau says he is committed to investing in the future of the country, and has made no apologies for running deficits to do that. But there were no costing details to accompany his announcement Tuesday on the environment to achieve zero net carbon emissions in Canada by 2050, and halve the income-tax rate for companies that produce zero-emission technologies.

Trudeau will be one of three federal leaders in B.C. on Wednesday, where the NDP’s Jagmeet Singh is to meet with Vancouver Mayor Kennedy Stewart, a former NDP MP. Singh holds Stewart’s old seat.

The NDP say Singh will unveil a “new deal” to make life more affordable in B.C.

Singh has already promised to cede authority in several areas to Quebec, including on the environment, immigration and justice, as part of his vision for more asymmetric federalism, in which the provinces don’t all have the same relationship with the federal government.

Trudeau will be in Delta, B.C., where he’s expected to make another announcement on the environment before flying back east to a rally in Thunder Bay, Ont.

And People’s Party Leader Maxime Bernier begins a western tour, his first extended trip of the campaign, with an appearance at the Surrey, B.C., board of trade.

Trudeau has been trying hard to paint Scheer as backwards on environmental issues, especially climate change, by tying him and his opposition to the Liberals’ carbon-pricing policy to unpopular Ontario Premier Doug Ford.

Trudeau hopes a string of environment-related promises will draw back some of the support that got shaky after last week’s revelations of his history dressing up in black- and brownface.

Singh made climate-change promises of his own on Tuesday, including pledging to electrify Canada’s public-transit fleets by the end of the next decade and to construct a coast-to-coast, clean-energy corridor.

Trudeau’s climate-change policies are hypocritical, the NDP said, considering the $4.5-billion the government spent to buy the Trans Mountain oil-pipeline project.

Trudeau and Singh did speak late Tuesday about the times Trudeau darkened his skin for costumes, but neither camp would say just what they talked about.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Raise the curtains: New outdoor theatre coming to Parksville

A $204,000 boost comes from Island Coastal Economic Trust

‘Handmade for Hope’ will run at Orca Place in Parksville

Grant received; program will run in different room

RDN residents display good recycling habits

Program shows most people comply with collection rules

Parksville swimmer shatters four world records

Nicholas Bennett, 16, shines on world stage

Errington mill closes, approximately 50 workers lose their jobs

Family-owned operation was open for 30 years

VIDEO: Boys help rescue Cariboo bear cub

The cub, weighing just 24lbs, has been taken to wildlife sanctuary in Northwest B.C. for the winter

‘Things haven’t changed enough:’ Ecole Polytechnique anniversary prompts reflection

Fourteen women were fatally shot by a gunman at the Montreal school on Dec. 6, 1989

Bear raids freezer, gorges on Island family’s Christmas baking

Hungry bruin virtually ignored meat and fish, focused, instead, on the sweets

B.C. pharmaceutical company’s stocks double in value after successful lupus drug trial

More than 40 per cent of patients using voclosporin saw improvements in kidney function

Second warning on romaine lettuce from California region as another E. coli case reported

Two cases of E. coli have been reported in relation to the illness in the U.S.

Residents in B.C. city could face 133% tax hike in ‘worst case’ lawsuit outcome: report

An average home could see a tax increase of $2,164 in one year

B.C. Transit finds 28 used fareboxes online, saves $300,000

‘Someone joked maybe we can buy used fareboxes on eBay,’ CEO says

Many of Canada’s working poor can’t afford lawyers, don’t qualify for legal aid

One lawyer says many people earn too much to qualify for legal aid, but not enough to really live on

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9%

Jobless rate is at its highest since August 2018, when it hit 6%

Most Read