Poilievre lays out demands ahead of budget, includes call to cut wasteful spending

Conservative Leader Pierre Poilievre has outlined a list of demands ahead of the federal budget to be tabled on November 5, including a call to eliminate all federal taxes on diesel until Canada Day. Poilievre's letter to Prime Minister Mark Carney also requests the elimination of the fuel standard tax and the scrapping of wasteful and inflationary spending to reduce the debt-to-GDP ratio and deficit-to-GDP ratio.

The Parliamentary Budget Office predicts that the government will not meet its fiscal anchor of maintaining a declining deficit-to-GDP ratio, with the deficit expected to rise in 2027-28 and 2029-30, reaching a peak of $70.2 billion in the following year.

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