Leader of the Opposition Andrew Scheer rises during Question Period in the House of Commons Wednesday, November 28, 2018 in Ottawa. (THE CANADIAN PRESS/Adrian Wyld)

Scheer says it would take Conservatives five years to balance budget

Scheeraccused the Liberal government of spending $79.5 billion of previously unbudgeted funds

Conservative Leader Andrew Scheer says the economy has become such a mess under the Liberals that it would take a Conservative government five years to clean it up.

He accused the Liberal government of embarking on a “deficit spree” and spending $79.5 billion of previously unbudgeted funds since 2017, adding balancing the budget in the short-term is “impossible.”

Scheer says even the most optimistic projections don’t have the Liberals doing so for 20 more years — but the Conservatives would do so in a quarter of that time.

READ MORE: Cross-Canada corridor concept getting dusted off ahead of election

He made the remarks in a speech to members of the Canadian Club at the Fairmont Hotel Vancouver, where he also said he was pleased with a court ruling today that blocked British Columbia from restricting oil shipments into the province.

The B.C. Court of Appeal ruled that the province doesn’t have the authority to create a permitting regime for companies that wish to increase their flow of diluted bitumen, in a ruling widely considered a win for the Trans Mountain pipeline expansion and Alberta’s efforts to get its resources to overseas markets.

But while he called it a “helpful” ruling, Scheer added that a climate of uncertainty remains for investors in the resource sector and called on the Liberal government to put the brakes on a bill to enact new environmental assessment legislation and fast-track any judicial reviews to the Supreme Court of Canada.

“Obviously the Conservative party is pleased with this decision. However there still is a great deal of uncertainty as it relates to future court processes,” he said.

READ MORE: Trudeau touts economic record at Liberal fundraiser in Vancouver

The Canadian Taxpayers Federation accused Scheer of breaking his word on his previous budget promise, saying in a statement that he signed a pledge in April 2017 with the federation’s youth organization promising to balance the budget within two years if he were elected.

“Canadians are already suffering the consequences of breaking a balanced budget promise: Justin Trudeau’s fiscal recklessness will mean at least $100 billion in additional debt piled on the backs of our children and grandchildren,” the statement says.

“The longer a return to balance is delayed, the more debt will accumulate and the longer Canadians will see billions wasted on interest payments.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

UPDATED: Young deckhands backed out of fatal Arctic Fox II trip just before fishboat departed

Inexperienced twin brothers had ‘gut feeling’ and bailed before going to open ocean

Police investigating alleged assault on Oak Bay Avenue

Staff at Oak Bay Home Hardware say one person was taken to hospital

Oak Bay neighbourhoods rocked by blasting activity

Oak Bay seeks new rock blasting bylaw regarding ‘continuous’ noise

Greater Victoria hardly making a dent in greenhouse gas emissions target

One-per-cent drop from 2007 to 2018 a far cry from the 33-per-cent goal for 2020

VIDEO: Seal pup and mom play and ‘kiss’ in Oak Bay Marina

BRNKL seal cam captures harbour seal growing up in busy harbour

B.C. records new COVID-19 death, 85 more cases; Horgan calls on celebrity help

This brings the total number of active confirmed cases to 531 across the province

Horvat scores 2 as Vancouver Canucks beat Blues 5-2 in NHL playoff opener

Game 2 in best-of-seven series goes Friday night

Old-growth forest defenders in Campbell River call for B.C. forest minister’s resignation

Protestors outside North Island MLA’s office ask government to stop old-growth logging

Teachers to get 2 extra days to prepare for students’ return, now set for Sept. 10

Students will first start with orientation and learn rules of COVID-19 classroom policies

High-volume littering at Cape Scott draws ire from hiking groups

Popular Vancouver Island hiking spot not closing, but frustration about crowding grows

SFU to drop ‘Clan’ varsity team name

The ‘Clan’ name is shortened from ‘Clansmen,’ and was introduced roughly 55 years ago

New Tory leader must build a strong team in Commons and for the campaign: Scheer

Scheer marked his final day in the House of Commons today as leader of the Opposition

B.C. to hire 500 more COVID-19 contact tracers ahead of fall

Contract tracers add an ‘extra layer’ in the fight against the novel coronavirus

Feds commit $305M in additional funds for Indigenous communities during COVID-19

Money can be used to battle food insecurity and support children and mental health

Most Read