Prior to the election, both the Conservative and Liberal parties claimed that they wanted to restore balanced budgets. Conservative Leader Pierre Poilievre aims to eliminate the federal deficit over his first term (4-5 years). Liberal Leader Mark Carney promises to restore balance to the operating budget within three years.

We now know that neither party is entirely serious about this goal (see the previous section in which we show no party has a credible plan to balance the budget). The parties are weak on this front because they regularly imply that the federal budget can be balanced without taking a hard look at the largest line items -- especially Old Age Security -- and carefully considering whether revisions are required.

💡  How to avoid being duped

📊  Party Assessments