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Decentralized Democracy

House Hansard - 186

44th Parl. 1st Sess.
April 27, 2023 10:00AM
Context: House Hansard - 186 - Apr/27/23
Mr. Marty Morantz
  • Apr/27/23 12:32:05 p.m.
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Madam Speaker, in 1995, the most draconian budget in Canadian history was brought in by Liberal finance minister Paul Martin. Why did he do it? It was because he had to. He had to do it because the Government of Canada was broke. It could no longer borrow money. It had hit a wall. The Wall Street Journal was saying that Canada was an economic basket case, because interest rates were high and debt was high, and the Government of Canada could no longer afford to maintain its credit rating or pay for the important programs Canadians required. That is where we are heading today.
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Context: House Hansard - 186 - Apr/27/23
Mr. Gabriel Ste-Marie
Madam Speaker, we have been using Zoom for two or three years now. It is a shame that some people still have problems choosing the right interpretation channel. I have a question for my colleague. Bill C‑46 includes a $2-billion investment in health care. This measure appears again in Bill C‑47. Today at the Standing Committee on Finance, senior officials confirmed that, if the bill is not amended, a total of $4 billion will be invested in health care. The hon. member is saying that there is not enough money for health and mental health. This is our chance to ask his government to not remove that part of Bill C‑47, so that $4 billion will be invested in health care instead of $2 billion. Will he commit to working to keep the $4 billion?
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Context: House Hansard - 186 - Apr/27/23
Mr. Scot Davidson (York—Simcoe, CPC)
  • Apr/27/23 4:13:07 p.m.
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Madam Speaker, it is spending, spending, spending. There is one thing that should concern all members in this House, something that is not really being talked about. We touched on it at the finance committee: the Bank of Canada, with $600 billion on the balance sheet. It was $120 billion in 2020. For the first time in 87 years, the Bank of Canada lost $522 million last year. We do not see that in the budget. How are the Liberals going to account for that loss? Is the Canadian taxpayer, because there is only one, going to be on the hook for that?
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