Prime Minister Mark Carney made a litany of promises during his first press conference after the election.
In his opening statement, Carney says he will balance the budget within 3 years, cut government expenditures to 2 percent, from 9 percent, and commit $25 billion for private developers from a new agency called Build Canada Homes.
Other promises included: removing internal trade barriers by July 1st, a middle-class tax cut by Canada Day, and building 2 and a half times more houses a year than we currently do.
In terms of the Canada/US trade war he says these announcements will strengthen the Canadian economy.
“There’s lots of reasons to build Canada strong, but the point is, and I will make this point repeatedly, we have more than enough to do here at home,” Carney told a packed Ottawa press gallery.
“That point, about we can give ourselves more than the Americans can take away, is absolutely right.”
Carney says with the measures the Liberals are taking; Canada can thrive without the US market.
“We can have a bigger boost to our economy, to incomes, to jobs, by focusing on building one Canadian economy, by building these nation-building projects, by focusing on getting productivity up, by reducing government waste, by driving investment in this country.”
Carney adds the new cabinet will be sworn in the week of May 12th and parliament will resume May 26th.
He also has asked King Charles to read the Speech from the Throne on May 27th.
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