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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:00:41 p.m.
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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?
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Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:01:42 p.m.
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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.
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Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:02:19 p.m.
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Mr. Chair, it was $24.5 billion. Can she tell us, in numbers, how much it is today to service the debt?
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Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:02:48 p.m.
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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.
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Context: House Hansard - 201 - May/29/23
Ms. Melissa Lantsman
  • May/29/23 9:03:45 p.m.
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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.
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