Green Party of Canada Response to Liberal 2025 Budget
The Prime Minister 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?
Elizabeth May, Leader of the Green Party and MP for Saanich–Gulf Islands, along with former Green MP Mike Morrice, highlighted the winners and losers in the Liberal 2025 budget.
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.
- Canada's legally binding climate commitment under the Paris Agreement has been abandoned.
- The oil and gas cap has been eliminated.
- Numerous 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, making it competitive with international tax rates, which the Green Party views as a "race to the bottom".
Author's summary: Green Party criticizes Liberal budget for sacrificing climate action and healthcare.
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