The federal NDP is promising $214 billion in new spending over the next five years, according to a costing breakdown of its platform commitments released Saturday. It attaches specific dollar projections to policy pledges contained in the NDP platform, which the party released earlier this summer, but which was criticized as being long on ambition and short on details. 1:21No immediate plan to get back to balanceThe costed platform calls for $40 billion in additional spending for 2021-22. It predicts a steep deficit of $145 billion in 2021-22, which would shrink to $53 billion the next year before declining gradually to $34 billion in 2025-26. The Canada Revenue Agency would receive $100 million in extra funding to expand its capability to track down such funds.

Source: CBC News September 11, 2021 18:46 UTC