The Canadian Taxpayers Federation has criticized Mark Carney's costed plan, calling it "irresponsible."
If elected, the Liberals would spend an additional $130 billion over the next four years.
"Carney plans to borrow even more money than the Trudeau government planned to borrow," CTF Federal Director Franco Terrazzano said. "Carney claims he's not like Trudeau and when it comes to the debt, here's the truth: Carney's plan is billions of dollars worse than Trudeau's plan."
He went on to note that spending would begin in 2025-26 at $62 billion, and gradually decrease to $60 billion, $55 billion, and $48 billion in the following years. As a result, an estimated $225 billion would be added to the debt, nearly double what Trudeau had planned.
Terrazzano explained that this would translate to an extra $5.6 billion on debt interest charges over the next four years, on top of the $54 billion that Canadian taxpayers pay for every year.
"Carney's debt binge means he will waste $1 billion more every year on debt interest charges," he lamented. "Carney's plan isn't credible and it's even more irresponsible than the Trudeau plan."
Terrazzano made it clear that "after years of runaway spending Canadians need a government that will cut spending and stop wasting so much money on debt interest charges."
The "Canada Strong" plan centres around four principles: unite, secure, protect, and build.