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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 2:43:18 p.m.
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Mr. Speaker, the Prime Minister says there is no room for savings in his sumptuous government spending, but I found some. For example, he gave CMHC $26 million in bonuses for making housing less affordable; he gave $181,000 for the Governor General's travel; $116 million to McKinsey, a company that supports him but actually helped cause the opioid crisis; $54 million for the ArriveCAN app; and $6,000 for one night in a hotel for the Prime Minister. Does he not think we can pass on that spending and put the money back in Canadians' pockets?
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  • Jun/21/23 8:07:36 p.m.
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Madam Speaker, my hon. colleague is someone I have known for many years in the House, and I have travelled with him. I can say the member for Central Okanagan—Similkameen—Nicola is a dear friend. That is a very important question that I, as an economist, would definitely like to address. I have always believed in Canada maintaining its AAA credit rating. Our deficit-to-GDP ratio should always be on a declining trend, as our deficit-to-GDP ratio is now and is being maintained. I also believe that we must always review our spending. I think that is a natural thing to do. In the budget, we have identified a number of savings, and that was in budget 2023, so we should continue to do that. We have maintained fiscal prudence in our government. We have done the right thing in having the backs of Canadians during the pandemic. That is why we have recovered so quickly. That was the right thing to do, and any economist I ask would state that. At the same time, we must be fiscally prudent. I have always believed in that. I will continue to believe in that, and I will continue to advocate for that. That is the path we are going on, and we will continue to be on that path.
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