Federal parties took the first full day of the campaign to lay the groundwork for their plans to revive the country’s economy after months of pain from the COVID-19 pandemic and options to cover the costs.

Unprecedented aid has flowed from federal coffers since the start of the pandemic last year, which Parliamentary Budget Officer Yves Giroux estimates will reach $ 352 billion in direct support by 2026 when all measures come to an end according to existing plans.

The business groups said Monday that their members were seeking a detailed roadmap to recovery, including specific help for businesses still suffering from public health restrictions until next year and debt relief for small businesses that they racked up debt to survive the recession.

The Liberals promised to extend a hiring credit first disclosed in their recent budget through the end of March 2022. They also pledged to provide additional assistance to the worst-hit sectors, such as tourism and live theater, which are facing further escalation. pronounced back to the pre-pandemic. levels.

“For the hardest hit companies getting the workers they need, for the workers getting the jobs they need to support their families, this is win-win for everyone,” said Liberal leader Justin Trudeau in Longueuil, Que.

Trudeau said the final bill would be dictated by how quickly the economy recovers and aid will no longer be needed.

Conservative leader Erin O’Toole took the first full day of the campaign to design her party’s full platform, which similarly aims to create jobs through spending in the foreseeable future, spur growth above prospects. budget officer and balance the budget for 2031..

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“We make sure we come up with a recovery plan and that we are never again unprepared for a crisis or running massive deficits in good times like Mr. Trudeau,” O’Toole said.

His plan also triggers the Trudeau government’s child care system and replaces it with a tax credit that O’Toole says would help low-income families cover up to 75 percent of daycare costs. The promise elicited a strong retort from Trudeau, arguing that the conservative plan would harm women.

Meanwhile, NDP leader Jagmeet Singh vowed to take money out of the pockets of CEOs who saw their compensation increase even as their companies received federal trade aid, adding to other promises by the new Democrats to tax employees. ultra-rich to increase government revenue emerging from the pandemic.

“There are many ways to make sure that the burden is not on you or your families, not on workers, not on small businesses,” Singh said in downtown Toronto. NDP leader Jack Layton.

The first full day of Canada’s election campaign begins with financial commitments. #ItsOurVote #CdnPoli # Elxn44

“We can ask the richest corporations, the super-rich, to start contributing fairly to pay their fair share and we can invest that in people.”

But the day also seized on other issues, including the government’s efforts to help Afghans who helped Canadian troops flee Afghanistan when the Taliban regained power, and mandatory vaccination rules for workers and travelers, which indicates what leaders may face between now and voting day. the 20 of September.

Québec bloc leader Yves-Francois Blanchet spent the morning criticizing the Trudeau government’s inability to produce vaccines in Canada, saying that Quebec needed to have provincial production capacity rather than relying on foreign companies.

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He also spoke about the environment and told reporters in English that Alberta needed to move away from oil and gas with federal help.

“The solutions exist and we are willing to help and accept the fact that more money would go there,” Blanchet said, “because we are all going to pay, the whole planet, if nothing is done.”

Similarly, environmental leader Annamie Paul called for an end to new pipeline construction, fracking, and oil and gas exploration so Canada can reduce greenhouse gas emissions and reshape the economy.

“We are going to talk a lot about our green future and the climate in this election,” Paul said at an event in Toronto. “We are going to talk specifically about how we got from here to there and how we can ensure a secure and sustainable future that ensures that Canada … becomes a global, green and competitive economy.”

This Canadian Press report was first published on August 16, 2021.

Reference-www.nationalobserver.com

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