Green Party of Canada Responds to Liberal 2025 Budget
The Prime Minister has stated that Canadians should be prepared for sacrifice, prompting the Green Party to ask: who will bear the burden and who will reap the benefits?
This budget is full of sacrifices for programs Canadians rely on — climate action and nature, and healthcare expansion — but not for billionaires, multinationals, and foreign-owned fossil fuel giants.
According to Elizabeth May, Green Party Leader, and Mike Morrice, former Green MP, the budget prioritizes the interests of corporations over those of Canadians, abandoning climate commitments and increasing oil and gas production.
- Canada's legally binding climate commitment under the Paris Agreement has been abandoned.
- The oil and gas cap has been removed.
- Climate-related programs have been cut.
- Oil and gas production is set to increase.
The budget's "Productivity Super-Deduction" aims to reduce Canada's marginal effective tax rate, effectively engaging in a "race to the bottom" by matching the lowest international tax rates.
Author's summary: Green Party criticizes Liberal budget for prioritizing corporate interests over Canadians' needs.
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