The Tories plan to reduce the deficit by $1

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PATH TO BALANCE: The Tories plan to take five years to balance the books, which means the deficit will not be eliminated before the next election. They say they inherited a $15 billion deficit from the previous Liberal government that has since been cut to $11.7 billion. The Tories plan to reduce the deficit by $1.4 billion in 2019 2020 to $10.3 billion, and further decrease it by $3.5 billion in 2020 2021 to $6.8 billion the largest scheduled reduction during their term.

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