Politics

Tom Mulcair says 2015 federal budget helps 'wealthy few'

The federal budget benefits "the wealthiest few at the expense of everyone else,” NDP Leader Tom Mulcair said after the Conservatives laid out their 2015 economic plan on Tuesday.

Budget debate begins in House of Commons Wednesday afternoon

Tom Mulcair criticizes 2015 budget

6 years ago
1:32
Tom Mulcair criticizes 2015 budget 1:32

The federal budget benefits "the wealthy few," prioritizing income-splitting and nearly doubling contributions to tax-free savings accounts, NDP leader Tom Mulcair said after meeting with his caucus Wednesday morning in advance of the start of the budget debate in the House of Commons.

"(Stephen Harper) is going to take from the poor and give to the rich. He's sort of a reverse Robin Hood. That's been his theme for a while," Mulcair said. 

Mulcair argued income-splitting for two-parent families is most beneficial to the richest 15 per cent of Canadians.

He also criticized the government for nearly doubling the amount that Canadians can contribute to tax-free savings accounts each year from $5,500 to $10,000, effective immediately.

"That's great if you've got 50,000 bucks in your back pocket. The same way that income-splitting is great if you're having trouble making payments on your second BMW. But it does nothing for the middle class that is actually earning less today than it was 30 years ago," Mulcair said.

Mulcair said he did agree with the government's plan to cut the tax rate for small businesses earning less than half a million dollars from 11 per cent to nine per cent by 2019 — but emphasized that the NDP brought the same idea up earlier this year.

"We agree so much with it that we actually made that as a proposal in the House of Commons two months ago and Mr. Harper voted against it," he said. 

He also said it's worth noting, as Wednesday is Earth Day, that there was not a single mention of climate change in the budget.

Mulcair said a NDP government would create child care spaces and make a $15 federal minimum wage a reality.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Become a CBC Member

Join the conversationCreate account

Already have an account?

now