Conservative Leader Andrew Scheer to drop pledge to balance budget in 2 years - 2019-05-23
"Even the most optimistic projections don't have the Liberals balancing the budget for 20 more years ... But if Canadians elect a Conservative government this fall, we will balance the budget in about a quarter of that time," the text reads.
Scheer, 40, is challenging Trudeau in a national election set for October and polls show him holding onto a slight lead. In recent weeks Scheer has started to outline some of his foreign and economic policies.
In 2015, Trudeau promised to balance the budget by this year, which he has not done. But even with the deficit, Canada's net debt-to-GDP ratio is lower than its G7 rivals and debt as a share of output is expected to decline over the coming years from about 31 per cent currently.