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Election: Have the leaders addressed economic issues to your satisfaction in this election?

Categories: Canada

Leaders

The parties have revealed their platforms, but do you think they are talking enough about the economy?

The Conservative economic platform promises to eliminate the federal deficit faster than previously projected.

The deficit had been projected by the Conservatives only two weeks ago to continue to decline to $0.3 billion in 2014-15, and the party expected that there would be a surplus of $4.2 billion in 2015-16.

"We're taking action on the priorities of Canadians who work hard and play by the rules, and we've steered our country through the worst global economic recession since the 1930s," said Harper.

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NDP Leader Jack Layton said his party's economic platform is a "practical, affordable plan" would eliminate the deficit without major service cuts.

The platform would balance the budget by hiking corporate tax rates to 19.5 per cent, which is estimated to put nearly $10 billion into government coffers by 2014-15. The party would also raise revenue by ending fossil fuel subsidies and saving on crime legislation.

The party also pledged to crack down on offshore tax havens, a move it says could generate more than $3 billion per year by 2014-15.

"The New Democrat plan is focused on improving your health services, rewarding the job creators, strengthening your pension, and making your life a little more affordable," said Layton.

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The Liberals are committing to reducing the deficit to one per cent of GDP within two years, down from 3.6 in 2009-2010, but the platform doesn't specify when the deficit would be eliminated. Instead, there would be rolling deficit reduction targets.
The first year of the Liberal plan would involve $2.6 billion in program spending, with $5.5 billion in the second year.

The Liberals say they would pay for the spending by raising corporate tax rates back up to the 2010 level of 18 per cent.

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Have the leaders addressed economic issues to your satisfaction in this election? Let us know what you think in the comments below.







(The survey is not scientific. Results are based on the readers' responses.)