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Liberal platform promises $130B in new spending over 4 years, adding $225B to federal debt

Summary by Ground News
The Liberal Party of Canada is promising to roll out almost $130 billion in new spending over the next four years that, when combined with existing spending, will add $225 billion to the federal debt. A re-elected Liberal government says the biggest spending initiatives in its plan include cutting the lowest marginal tax rate, which will cost the treasury about $22 billion over the next four years.

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Bias Distribution

  • 45% of the sources lean Left
45% Left
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The Globe & Mail broke the news in Canada on Saturday, April 19, 2025.
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