Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren’t afraid to raise their prices anymore.
The Liberal Party of Canada is fiscally conservative.
I think it’s important to point out that the Liberal Party is fiscally liberal, not fiscally conservative. While both philosophies think a market economy is the best economic system, a fiscal liberal is more inclined to use fiscal policy to intervene in that market economy to rectify social or economic inequalities .
For example, a fiscal liberal will support a public health system, a public broadcaster, $10 a day childcare, and EV / electrification/greening grants.
A fiscal conservative will be more laissez faire, and not want any of those things.
I bring this up because by not recognizing the difference we set ourselves up to put conservatives back into power, after all , “both sides same”.
Ya, after posting I regretted not clarifying that they are not nearly as far right as the Conservative party. They are willing to be more fiscally liberal in order to enact liberal social policies. Thanks for clarifying.
But they are still quite fiscally conservative when compared to Bloc or NDP.
The liberal party and conservative parties both work for big business. Whether it’s tax cuts or importing cheap labor, the federal government isn’t interested in cracking down on corporate greed.