Budget 2023 won’t fuel inflation, but misses the bigger economic picture: experts
“There was this cheery tone about how the best of times are yet to come in the budget,” she said. “But it’s like, what about the times we are in?”Federal budget 2023: Will government’s fiscal plan make life more affordable for Canadians?
Freeland told reporters in British Columbia on Thursday that the budget reflects the $10-billion housing plan announced in last year’s budget that is still being spent, including a $4 billion housing accelerator program. Other major items included in the net $43 billion in new spending include clean-tech tax credits to boost the emerging green economy and compete with the United States; an expanded dental care program that balloons the cost to $13 billion; and previously announced health-care deals with the provinces.Alexander said he supports the investments in what he calls the “care economy” like dental and health funding, as well as the credits for clean tech.
“I think that we actually need to have an adult conversation in this country about the programs that we’re providing and the cost of them — not that we need to cut back those investments. I think we need more investment in the care economy, but we need to do it fiscally responsibly.”
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