There is no nice way to say this but the Liberal Government under Justin Trudeau and Finance Minister Bill Morneau have repeatedly misled the Canadian public when they claim the Conservatives left a deficit for the year 2015/16 which ended not long ago on March 31st, 2016.
Yet, as Bill Curry writes in today’s Globe and Mail: On April 19th, 2016, in the House of Commons, Liberal Finance Minister Bill Morneau said in response to Conservative Opposition Leader Rona Ambrose’s claim that the former government left a surplus: “In the last month of the year, revenues go down and expenses go up. The Conservatives left us with a deficit, as we will see.“
And, Curry says Mr. Morneau continues to stand by that view today in spite of the fact that his “budget also included some new spending in the 2015-16 fiscal year, which should be considered as part of the debate.”
In other words, after all is said and done for the 2015/16 year, Liberal spending between November 2015 and March 31, 2016, after they took over governing, will eventually be blamed on the Conservatives (which would likely include bringing 25,000 Syrian refugees to Canada).
So, what that means is if there turns out to be a deficit for the year ending March 31, 2016, it will be because of Liberal spending.
The crux of the matter is that the Conservative Government of Stephen Harper left the federal government with a significant surplus, just as they promised throughout the 2015 election campaign.
Endnote: Re Featured Image, for CBC link, click here.