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Conservatives promise $75B in tax cuts and $34B in new spending, but no timeline for balanced budget

OTTAWA — Pierre Poilievre’s Conservatives will run $100 billion in deficits over four years thanks to a bevy of tax cuts and $34 billion in new spending, according to their costed platform released hours after millions of Canadians have already cast their vote.

Over four years, a Polievre government would incur a roughly $31 billion annual deficit in 2025-2026 and 2026-2027, $23 billion in 2027-2028 and nearly $15 billion in 2028-2029, according to the platform published Tuesday morning.

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