In February 2020, Pierre Poilievre, the Conservative Shadow Minister for Finance, unveiled his proposed budget plan for the upcoming year. With the goal of promoting economic growth and supporting Canadian families, Poilievre’s budget focused on four main areas: lowering taxes, reducing government spending, increasing employment, and supporting small businesses.

One of the key points in Poilievre’s budget was a plan to lower personal income taxes for all Canadians. This would be accomplished by raising the basic personal amount, the amount of income that is tax-free, to $15,000. This would put more money back into the pockets of Canadian families, allowing them to have more disposable income to spend and invest in the economy. In addition, Poilievre proposed to reduce the small business tax rate from 9% to 5%, making it more affordable for entrepreneurs to start and grow their businesses.

Another focus of Poilievre’s budget was to reduce government spending, particularly in the areas of foreign aid and climate change initiatives. He argued that these areas were consuming a large portion of the government’s budget but were not delivering the desired results. By redirecting these funds towards programs that directly benefit Canadians, such as healthcare and education, Poilievre believed that the budget deficit could be reduced while also improving the