Sarnia-Lambton MP Marilyn Gladu has expressed disappointment over Tuesday’s Federal Budget, the first stab at an economic blueprint for the new Liberal government since it took office.
In particular, Gladu said the $29.4 billion deficit is of concern.
“This budget does not create the jobs we need and will increase taxes on everyone,” said Gladu. “They have cut income-splitting, the Child Fitness tax credit, the text book and education tax credits, the child art tax credit and the EI [Employment Insurance] hiring tax credit. They have broken another campaign promise by not cutting the small business tax credit to 9% as they had said.”
Gladu said she was previously told, by Federal Infrastructure Minister Amarjeet Sohi and others in the department that funding for trade corridors (like that which would help fund an oversized load corridor in Sarnia-Lambton, would be in the budget.
“I am disappointed that (this funding) did not show up in this budget,” said Gladu. “I will continue to press this government for our oversized load corridor but it does not appear new money is in the budget for that.”
Gladu did say there were positive news from Tuesday’s budget, including increases to the Guaranteed Income Supplement for seniors as well as increases to pension and disability benefits for veterans.
She also pointed to small increases in funding for science and innovation and an increase in funding for indigenous people ($8.4 billion over the next five years, with a priority on delivering clean water.)
Glau said she does object to cuts to areas such as agriculture, natural resources and forestry. She also raised conceerns about what she called a “glaring lack of funds” for security and military issues.
“Today, we see dozens of terrorist victims in Brussels and renewed threats by ISIS against Western interests, yet the defense budget was cut (by) $3.7 billion,” said Gladu.
She also said the budget “does nothing to create or encourage private sector jobs.
“Everyone will be paying more.”