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Decentralized Democracy

House Hansard - 184

44th Parl. 1st Sess.
April 25, 2023 10:00AM
  • Apr/25/23 12:49:11 p.m.
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  • Re: Bill C-47 
Mr. Speaker, members of the official opposition party have repeatedly mentioned the deficits being racked up by the government. They have also mentioned the Parliamentary Budget Officer's reports. However, they are overlooking some information, including information from the Parliamentary Budget Officer. I would mention the tens of billions of dollars in funding announcements that remains unspent. In 2021-22, this added up to $38 billion, and it was roughly the same amount last year. I would also mention the fiscal imbalance that is keeping funds in government coffers. This money comes from taxes paid by taxpayers. The situation has now reached a point where, in a matter of decades, the federal government will have settled all its debts stretching back to 1867, while the provinces and Quebec will be on the verge of technical bankruptcy, or will have lost much of their budgetary autonomy. Is my colleague not outraged about this situation, this budgetary and financial hypocrisy, and the damage to the public and workers?
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  • Apr/25/23 9:48:23 p.m.
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  • Re: Bill C-47 
Mr. Speaker, people in Quebec pay taxes just like those in the rest of Canada do. They also pay for the Canada pension plan. Why is that considered a debt? That is an excellent question, because the money adds up. As I was saying in my speech, there is a difference of tens of billions of dollars between the announcements that are made and the money that is actually spent. It all adds up. In less than 30 years, the fiscal imbalance will have cannibalized the budgets of the provinces, especially that of Quebec, but also those of the nine others, while Canada will have paid off all of the debts it has accumulated since 1867. That is rather outrageous. Everyone should be aware of that, and something should be done about it.
134 words
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