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Howdoyouturna$13billionLiberalsurplus
intoa
record$56billion
Conserva;vedeficit?
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Conserva;veWaste
Fiscalmismanagement
Wastefulspending
Out-of-controlspending
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Beforetherecession,Conserva;ves:
DroveCanadaintodeficit,squanderinga$13billionLiberalsurplus
Increasedspendingby18%inthreeyearsthree>mestherateofinfla>on
Eliminatedthefiscalprudencebuffer
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TheConserva;verecord
Spendingup(billions)
Surplusgone(billions)
-60
-50
-40
-30
-20
-10
0
10
20
2005-06 2006-07 2007-08 2008-09 2009-10
Federalsurplus/deficit
150
160
170
180
190
200
210
220
230
240
250
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10
Dollars(billions)
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What $1.1 Billion buys you
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Harpers last-minute poor planning
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$2millionforafakelake
1kmfromtherealLakeOntario
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$50millioninvanityprojectsforTonyClements
riding
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$380,000forasteamboat
CompletedtwomonthsaYertheG20wasover
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Conserva;veWasteAddsUp
$1billiononG8/G20 $3billiononmoreconsultantsandexternalservices $31milliononpolling $130milliononself-servingadver>sing $3billion inaddedcostsforbotched
helicopterpurchase
$30millioninaddedcostsforavoluntarycensus $300millionforbeingforcedtomoveCampMirage $500,000onglitzybackdrops $1.4milliononanappointmentscommission
thatdoesntexist
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Taxpayerfundedadver;sing
0
20
40
60
80
100
120
140
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10
AnnualgovernmentofCanadaadver;singbudget
(millions)
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$3billionmoreonconsultantseachyear
4,500
5,500
6,500
7,500
8,500
9,500
10,500
11,500
2002 2003 2004 2005 2006 2007 2008 2009 2010
$(millions)
Federalgovernmentexpendituresonconsultants
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CONSERVATIVE
OUT-OF-CONTROLSPENDING
onthewrongpriori>es
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$30billiononF-35stealthfighters
$1,000forevery
man,womanand
childinCanada.
Morethanthefederalgovernment
spendsonHealth
Careinayear.
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Upto$13billionforU.S.stylemegaprisons
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$6billiononcorporatetaxbreakswhenCanadaalreadyhasthe
secondlowestratesontheG7and25%lowerthanintheU.S.
0
5
10
15
20
25
30
35
40
45
G7corporatetaxrates2012(iffederalCITfrozenat2010levels)
JapanUnitedStatesFranceItalyGermanyCanadaUK
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Conserva;vebudget:
crumbsforfamiliesSpending on stealth
fighters($30 billion)
Planned increase inSpending on seniors
($34 million)
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Ourcommitment:
TheLiberalPartyofCanadawillstrengthenfamiliesandbuildour
economywithoutraisingsmallbusiness,personalorsalestaxes.
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ALiberalGovernmentwill:
1. Restorespendingdiscipline2. Reviewfederalprogramspending3. Cutwastefulspending4. Stoptaxgiveawaysforlargecorpora>ons5. Makebe_erchoices
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ThechoiceforCanadians
Liberalpriori;esfocusonfamilies
-Learning
-Pensions
-Healthcare
-Familycare
Conserva;vepriori;esacountryindebt
-Corporatetaxbreaks-Stealthfighterjets-Prisons-WastefulG8/G20summit
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Formoreinforma;on,
visitwww.liberal.ca
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