This news release is on the Conservative Party web site:
Today Paul Darby, Deputy Chief Economist of the Conference Board of Canada, confirmed to us that his original analysis of the Conservative Party of Canada’s election plan released January 13, 2006, remains unchanged.
“In summary, we found that the Conservative Party’s economic platform is affordable in each fiscal year from 2005-2006 through 2010-2011. In each year there is enough fiscal room to pay down at least $3 billion a year in debt, as in the [Conservative] fiscal plan.
“Over the five-year forecast horizon to 2010-11, the CBoC economic and fiscal outlook suggests that there remains $15.7 billion in unallocated fiscal room, over and above the $3 billion annual debt payment, which provides further cushion to ensure that deficits do not occur due to adverse economic events.”
Conservative Leader Stephen Harper has always made it clear that the details of the fiscal imbalance will be negotiated with the provinces and that surplus revenues exist in the Conservative plan to deal with this issue.Mr. Harper has said on numerous occasions that the Patient Health Care Guarantee will be paid for from existing budgetary resources.
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