In a major shift, Canada election heralds more government spending

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OTTAWA: Canada spent hundreds of billions of dollars to aid workers and keep businesses afloat during the pandemic, causing its national debt to soar. But the usually frugal Canadians don\u0027t seem to mind. Monday\u0027s (Sep 20) snap election is expected to herald an era of more big spending, with both Liberals a

OTTAWA: Canada spent hundreds of billions of dollars to aid workers and keep businesses afloat during the pandemic, causing its national debt to soar. But the usually frugal Canadians don't seem to mind.

Canadians aged 65 or older, who will soon make up one quarter of the population, aren't concerned about having to repay the borrowed funds, while millennials on whom it will likely fall support higher social spending. "This election is about who you think can get us out of the recession and rebuild the economy," O'Toole said at the start of the election campaign.

"It makes total sense to fix our social programs to reflect reality," Dias said. He called for a universal prescription drug plan and affordable child care so women, who lost significant income while bearing the brunt of unpaid care work over the past 18 months, can return to the workforce. Lee cautioned that soaring costs, including on health care may prompt the government to adopt"very profound changes in taxation."

 

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