Future Generations Protection Pledge Signers
With Canada’s federal debt set to grow to $718 billion by 2019-20, and interest costs poised to jump by 28% over the same period, future generations are being handed the bill. A bill they cannot afford.
That’s why we decided to launch the “Future Generations Protection Pledge” – a comprehensive contract between future generations and their political leaders to get the country’s finances back under control. The pledge commits signatories to:
1. Present a balanced budget to the House of Commons within 24 months after taking office – stopping the federal debt clock;
2. After the budget is balanced, commit to running ONLY balanced budgets in all times outside of war or natural disaster; and
3. Legislate a debt repayment schedule, dedicating a portion of annual revenues towards eliminating the debt.
At Generation Screwed’s Quebec City Action Forum, Member of Parliament and Conservative leadership contender Maxime Bernier became the pledge’s first signatory.
By the end of the Conservative leadership race, 10 out of 14 leadership candidates had either signed our pledge, or commited to. Amongst those that signed, Andrew Scheer became the party’s leader in May 2017.
Over the course of the summer, we reached out to the various candidates in the NDP leadership race. Sadly, none of them replied to our emails, they are therefore considered as having declined to sign the pledge.
Currently, the only federal party leader having commited to balancing budgets within two years, keep budgets balanced and put forward a debt repayment schedule is Andrew Scheer.
Of course, politicians have a tendency to forget promises made during elections, so we’ll be sure to keep the hard copies on-hand should he suffer from selective amnesia down the road.
Below is a list of declared candidates for the last federal Conservative and NDP leadership races, their status with regard to signing the pledge and their written response to the pledge’s commitment (if they have chosen to provide one).