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House Hansard - 110

44th Parl. 1st Sess.
October 7, 2022 10:00AM
Context: House Hansard - 110 - Oct/7/22
Ms. Elizabeth May
  • Oct/7/22 12:57:09 p.m.
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  • Re: Bill C-31 
Mr. Speaker, actually, the current information that we have from the Parliamentary Budget Officer suggests that our debt-to-GDP ratio is not disturbing to the Parliamentary Budget Officer. It is interesting to note the statistic that the member shared of 61,000 employees hired, because when I look at Environment Canada, there was a 10% budget cut in 2012 in Parks Canada, and those people have not been replaced. Some employees have been replaced in the Department of Fisheries and Oceans, but I look at departments where we are not keeping up with the work, particularly in science-based departments. Also, I do want to express the concern that most of what we see in terms of inflationary trends has been generated externally. Most of it has been because of the spike in fossil fuel prices caused by Putin's illegal war in Ukraine. There are many elements to our current economic distress, and I do not think that government debt drives most of it.
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