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Decentralized Democracy

House Hansard - 199

44th Parl. 1st Sess.
May 17, 2023 02:00PM
  • May/17/23 2:42:22 p.m.
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Mr. Speaker, the finance minister has misled Canadians like Jeff for years. The latest time was when she gave false hope, saying she would show fiscal responsibility and balance the budget by 2028. It took her only 144 days after that statement until she did a massive flip-flop and proved her budget will never be balanced and will run massive deficits forever. It is these massive deficits that gave Canadians the highest inflation and bank interest rate hikes in a century. Even random Liberals like Mark Carney and John Manley agree with us. When will the finance minister stop misleading Canadians, get off Jeff's back and stop her inflationary spending?
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  • May/17/23 2:42:59 p.m.
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Mr. Speaker, Jeff is a real person, and he told me how glad he is that the government is investing in a green industrial policy and how glad his wife, Cheryl, is that we are investing in supporting our health care system. We are making those essential investments while maintaining the strongest fiscal position in the G7. Our AAA rating has been reiterated, and we have the lowest deficit in the G7. That is compassion and responsibility at the same time.
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  • May/17/23 2:44:29 p.m.
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Mr. Speaker, before tabling the budget, the finance minister said that “by exercising fiscal restraint” and by not pouring fuel on the inflationary fire, the Liberals would ensure they could responsibly invest in Canadians. However, we need to pay attention to what the government does and not what it says, and what the government did was increase spending by $60 billion, or $4,300 for every family in Canada. When will the government take its own advice and realize its spending is making life more unaffordable for Canadians?
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  • May/17/23 2:46:33 p.m.
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Mr. Speaker, I am glad to share with the House that, further on in his testimony before the finance committee, the Parliamentary Budget Officer described a conversation he had had with an individual from the credit rating agency Moody's, who had said that Canada's deficit should make us “quite happy because by European standards that's very low.” Canada's economy is strong, and our fiscal position is strong. No one should believe the Conservatives when they say otherwise.
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  • May/17/23 2:49:16 p.m.
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Mr. Speaker, once again, the Conservatives seem to believe that Canadians are devoid of intelligence. Canadians know that we have a strong economy. I would like to quote another expert, the former parliamentary budget officer, Kevin Page. He said that the 2023 budget has a credible fiscal strategy and that the government's fiscal anchor, the declining ratio, will be maintained. We are not the ones saying—
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