Trudeau presents trainer tax credit score, shies from promising balanced price range
Justin Trudeau supplied a brand new tax credit score for lecturers’ faculty bills on Wednesday, whereas promising funding and development, moderately than echoing his rivals’ pledges to stability the price range.
“The economic system wants funding,” Trudeau mentioned at a marketing campaign cease in Newmarket, Ont., when requested if he would stability the price range this yr. His chief opponents, NDP Chief Thomas Mulcair and Conservative Chief Stephen Harper, have already pledged to stability the price range if elected in October.
Trudeau slammed each his opponents for his or her financial insurance policies. He in contrast Harper’s financial report to that of Melancholy-era Prime Minister R.B. Bennett, then accused Mulcair of being “disingenuous” with marketing campaign guarantees he cannot afford to pay for whereas balancing the price range.
“Mr. Mulcair goes to have to return clear on which guarantees he will be dropping,” Trudeau mentioned.
The Liberal Chief insisted the economic system wants “funding” with the intention to climate the present financial uncertainty, and supplied a brand new trainer tax credit score for example.
The credit score Trudeau proposed Wednesday can be geared toward serving to educators cowl their “out of pocket” bills within the classroom, by permitting lecturers to say as much as $150 in money per yr for as much as $1,000 spent on faculty provides and academic supplies.
Trudeau mentioned all lecturers would have entry to the tax credit score, no matter their earnings.
The credit score would permit lecturers to say bills for objects like motivational stickers, Bristol boards, supplementary books, science experiment provides and even big-ticket objects like tablets, laptops and classroom projectors.
Talking at his personal marketing campaign occasion on Wednesday, Harper referred to as Trudeau’s proposed credit score an “try to ape” his personal celebration’s insurance policies. “It definitely sounds lots like attempting to be a Conservative,” Harper mentioned.
The tax credit score is predicated on the same one supplied in Prince Edward Island.