"Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes"
- Stephen Harper
About this Quote
In this quote, former Canadian Prime Minister Stephen Harper is discussing the current budgetary deficit in Canada. He mentions that the deficit is a result of the economic downturn and the procedures required to stimulate the economy. Nevertheless, he reassures that Canada will ultimately recuperate from the deficit and go back to a surplus position once the economy enhances. Harper also highlights that there is no requirement to raise taxes in Canada, indicating that the country's economy will naturally recuperate without the need for additional financial burdens on its people. Overall, Harper's words convey a sense of optimism and self-confidence in Canada's ability to conquer its current monetary difficulties.
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