Liberals release costed plan, promise $130 billion in new spending

The Liberals have released their costed plan, promising $130 billion in new spending.

The "Canada Strong" plan, which would add $225 billion to the national debt, centres around four principles: unite, secure, protect, and build.

The first involves "eliminating federal barriers to interprovincial trade to create one Canadian economy, not thirteen; investing in nation-building infrastructure on a scale and at speeds not seen in generations; and, making it easier for Canadians to buy Canadian."

The second involves "defending Canada's workers against President Trump's tariffs and other threats; keeping our communities safe and secure; rebuilding, rearming, and reinvesting in the Canadian Armed Forces; working in partnership with Inuit and Northern Indigenous Peoples to secure the North; and, securing Canada's place in the world, working with reliable partners and allies."

The third involves "protecting and building a stronger public health care system; working in partnership to build stronger Indigenous communities; defending Canada’s nature and water for future generations; and, standing up for the Canadian Charter of Rights and Freedoms, protecting the 2SLGBTQI+ community and other vulnerable groups."

The fourth involves "supercharging Canada's economic growth by incentivizing greater private sector investments and securing the Canadian advantage in strategic industries; building homes at a pace and scale not seen since the Second World War; making Canada the world’s leading innovation and energy superpower while building new international trade partnerships with reliable partners; and, investing in infrastructure at a pace and scale not seen in generations."

"In a crisis, Canadians come together to tackle challenges — because united, we are Canada strong," Liberal leader Mark Carney said. "We can give ourselves more than President Trump can take away. In this defining and consequential moment for our economy and country, my new government will stand strong against President Trump's tariffs, create higher-paying jobs and lifelong careers, cut taxes for the middle class, and build the fastest growing economy in the G7. Together, we will build Canada strong."