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Howdoyouturna$13billionLiberalsurplus

intoa

record$56billion

Conserva;vedeficit?

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Conserva;veWaste

Fiscalmismanagement

Wastefulspending

Out-of-controlspending

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Beforetherecession,Conserva;ves:

DroveCanadaintodeficit,squanderinga$13billionLiberalsurplus

Increasedspendingby18%inthreeyearsthree>mestherateofinfla>on

Eliminatedthefiscalprudencebuffer

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TheConserva;verecord

Spendingup(billions)

Surplusgone(billions)

-60

-50

-40

-30

-20

-10

0

10

20

2005-06 2006-07 2007-08 2008-09 2009-10

Federalsurplus/deficit

150

160

170

180

190

200

210

220

230

240

250

2004-05 2005-06 2006-07 2007-08 2008-09 2009-10

Dollars(billions)

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What $1.1 Billion buys you

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Harpers last-minute poor planning

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$2millionforafakelake

1kmfromtherealLakeOntario

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$50millioninvanityprojectsforTonyClements

riding

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Conserva;veWasteAddsUp

$1billiononG8/G20 $3billiononmoreconsultantsandexternalservices $31milliononpolling $130milliononself-servingadver>sing $3billion inaddedcostsforbotched

helicopterpurchase

$30millioninaddedcostsforavoluntarycensus $300millionforbeingforcedtomoveCampMirage $500,000onglitzybackdrops $1.4milliononanappointmentscommission

thatdoesntexist

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Taxpayerfundedadver;sing

0

20

40

60

80

100

120

140

2004/05 2005/06 2006/07 2007/08 2008/09 2009/10

AnnualgovernmentofCanadaadver;singbudget

(millions)

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$3billionmoreonconsultantseachyear

4,500

5,500

6,500

7,500

8,500

9,500

10,500

11,500

2002 2003 2004 2005 2006 2007 2008 2009 2010

$(millions)

Federalgovernmentexpendituresonconsultants

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CONSERVATIVE

OUT-OF-CONTROLSPENDING

onthewrongpriori>es

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$30billiononF-35stealthfighters

$1,000forevery

man,womanand

childinCanada.

Morethanthefederalgovernment

spendsonHealth

Careinayear.

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Upto$13billionforU.S.stylemegaprisons

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$6billiononcorporatetaxbreakswhenCanadaalreadyhasthe

secondlowestratesontheG7and25%lowerthanintheU.S.

05

10

15

20

25

30

35

40

45

G7corporatetaxrates2012(iffederalCITfrozenat2010levels)

JapanUnitedStatesFranceItalyGermanyCanadaUK

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Conserva;vebudget:

crumbsforfamiliesSpending on stealth

fighters($30 billion)

Planned increase inSpending on students

($34 million)

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Ourcommitment:

TheLiberalPartyofCanadawillstrengthenfamiliesandbuildour

economywithoutraisingsmallbusiness,personalorsalestaxes.

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ALiberalGovernmentwill:

1. Restorespendingdiscipline2. Reviewfederalprogramspending3. Cutwastefulspending4. Stoptaxgiveawaysforlargecorpora>ons5. Makebe_erchoices

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ThechoiceforCanadians

Liberalpriori;esfocusonfamilies

-Learning

-Pensions

-Healthcare

-Familycare

Conserva;vepriori;esacountryindebt

-Corporatetaxbreaks-Stealthfighterjets-Prisons-WastefulG8/G20summit

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Formoreinforma;on,

visitwww.liberal.ca

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