SoVote

Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman (Thornhill, CPC)
  • May/29/23 8:58:55 p.m.
  • Watch
Mr. Chair, I am going to split my time three ways. I thank the minister for coming. The minister agrees that deficits fuel inflation. She said so. How much will the $60 billion that she just spent increase inflation over five years?
42 words
All Topics
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 8:59:32 p.m.
  • Watch
Mr. Chair, this is a simple question. Of the $60 billion that the minister just spent in her budget, how much will inflation increase over five years? I want just a number.
32 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:00:05 p.m.
  • Watch
Mr. Chair, the minister knows that inflation went up last month after she tabled her budget. She has been briefed on this number. There are officials sitting in front of her. I will give her a moment to ask her officials what the number is. How much will inflation go up as a result of the $60 billion that she spent in the last budget?
65 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:00:41 p.m.
  • Watch
Mr. Chair, I will ask the minister about numbers that maybe she does know. Could she tell us what the debt-to-GDP ratio was in 2021-22?
28 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:01:09 p.m.
  • Watch
Mr. Chair, it was 42.4% and this year it is 43.5%. Does the minister agree that 43.5% is bigger than 42.4%?
25 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:01:42 p.m.
  • Watch
Mr. Chair, she will have plenty of time to sit on this side of the House and ask questions, but during that recession, we were the last ones in and the first ones out. She will remember that. Can the minister tell us how much it cost to service the debt in 2021-22? I want just a number. She is the finance minister.
64 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:02:19 p.m.
  • Watch
Mr. Chair, it was $24.5 billion. Can she tell us, in numbers, how much it is today to service the debt?
22 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:02:48 p.m.
  • Watch
Mr. Chair, the minister does not believe that the amount she pays to service the debt is important, and every Canadian should hear that today. It is $43.9 billion. That number has doubled. I will ask her one last question, and I want just a number. How much is the payment for the Canada health transfer that this federal government makes? I want an approximation, not even a full number.
71 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:03:45 p.m.
  • Watch
Mr. Chair, the amount that I was looking for from the finance minister was about $45 billion. It will cost $43.9 billion to service our debt, which has doubled since last year, and it cost $45 billion in the Canada health transfer to keep Canadians safe, a number the minister does not think matters. It costs almost as much to service the debt as we pay for health care in this country, and that is shameful.
77 words
  • Hear!
  • Rabble!
  • star_border