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Decentralized Democracy

House Hansard - 199

44th Parl. 1st Sess.
May 17, 2023 02:00PM
  • May/17/23 2:28:23 p.m.
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Mr. Speaker, the Prime Minister said that doubling our national debt would not be a problem because interest rates were low, but his spending has increased inflation and interest rates. Yesterday, at the finance committee, the minister was unable to say how much interest we are paying on her national debt. If a mortgage broker could not tell someone the interest payment on a loan, they would be fired. Should we not fire the finance minister?
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  • May/17/23 2:32:02 p.m.
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Mr. Speaker, the Prime Minister said there was no problem doubling our national debt, adding more debt than all previous prime ministers combined, because interest rates, he claimed, were low. His same spending has actually increased inflation and interest rates. Yesterday, the finance minister was unable to answer how much Canadians are paying for interest on the debt that she has racked up. If a mortgage broker could not tell someone the interest payment on a loan, he would be fired. Why is the finance minister not fired for her inability to answer that basic question?
96 words
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