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Decentralized Democracy

House Hansard - 212

44th Parl. 1st Sess.
June 13, 2023 10:00AM
Context: House Hansard - 212 - Jun/13/23
Mr. Ted Falk (Provencher, CPC)
  • Jun/13/23 11:23:31 a.m.
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Mr. Speaker, we have seen in the last two or three years here the Liberal government on a $400-billion spending spree. We have just seen the House pass a $60-billion deficit budget again. This reckless spending has created inflation, and inflation is creating higher interest rates. I am wondering if the member could respond to the House as to how that is impacting or exacerbating the situation.
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Context: House Hansard - 212 - Jun/13/23
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • Jun/13/23 2:26:47 p.m.
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Mr. Speaker, the finance minister said that, and then she brought in a responsible and fiscally sound budget that continues to contribute. I know the Conservatives do not like it because it gets in the way of a good political argument, but if we look at the facts, we have the lowest deficit in the G7 and the best debt-to-GDP ratio, and we have preserved our AAA credit rating, while being there to support Canadians who need it in targeted non-inflationary ways. While the Conservatives continue to propose cuts in programs, cuts in help for Canadians and cuts to services, we will continue to be there in a way that continues to fight inflation and support Canadians.
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