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.

Just Posted

Only in Canada, Eh?

Zamboni navigates the roundabout

Shamanic dog training comes to Clearwater

The Shamanic Dog Training Retreat helps owners teach with trust, understanding and freedom

El Nido Fly-in flies again

Forecasts were less than ideal for paragliding, but the weather held out for most of the event

Jim Pattison takeover offer ‘non-binding,’ Canfor cautions investors

B.C. billionaire already big shareholder in forest industry

QUIZ: How much do you remember about Woodstock?

Weekend music festival in Bethel, New York, was held 50 years ago

Advocates ‘internationalize’ the fight to free Raif Badawi from Saudi prison

Raif Badawi was arrested on June 17, 2012, and was later sentenced to 1,000 lashes and 10 years in jail for his online criticism of Saudi clerics

RCMP, search crews hunt for 4-year-old boy missing near Mackenzie

George went missing early Saturday afternoon

Canadian entrepreneurs turning beer byproduct into bread, cookies and profits

Some breweries turn to entrepreneurs looking to turn spent grain into treats for people and their pets

Canada ‘disappointed’ terror suspect’s British citizenship revoked

Jack Letts, who was dubbed “Jihadi Jack” by the U.K. media, has been detained in a Kurdish prison for about two years

Chrystia Freeland condemns violence in Hong Kong, backs right to peaceful assembly

There have been months of protests in the semi-autonomous region

B.C. VIEWS: Log exports and my other errors so far in 2019

Plastic bags, legislature overspending turn out differently

Most Read