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Decentralized Democracy

House Hansard - 255

44th Parl. 1st Sess.
November 24, 2023 10:00AM
  • Nov/24/23 11:24:48 a.m.
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Mr. Speaker, “A Fiscal Forecast Only a Contortionist Could Love”. That is what Mouvement Desjardins had to say about the Minister of Finance's mini-budget. After eight years of fiscal irresponsibility, this Prime Minister has lost all credibility. Next year, the government will be spending $51 billion on debt payments. That is the same amount allocated to the health care transfers to the provinces and double the amount allocated to national defence. This shows that the Prime Minister is just not worth the cost. Are the Liberals capable of showing some common sense and balancing their budget so that Canadians can finally manage their own budgets and put food on the table?
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  • Nov/24/23 11:32:43 a.m.
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Mr. Speaker, rent is up. Interest rates are up. Mortgages are up. Groceries are up. Taxes are up. Debt is up, and Canadians are fed up. The Bank of Canada governor and Scotiabank economists are all sounding the alarm bell. The NDP-Liberal government's massive borrowing is making everything more expensive for Canadians. With two million people using food banks now, we know the Prime Minister is just not worth the cost. When will he stop the inflationary borrowing that is hurting so many Canadian families?
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  • Nov/24/23 11:33:54 a.m.
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Mr. Speaker, housing starts are actually down in Canada, so I do not know what fiction the member is listening to. Perhaps it is from the Minister of Finance, who thinks the dream of home ownership has never been so good in this country. The NDP-Liberal government will spend more on interest on the debt next year than on health care, so my question is simple. When will the Prime Minister stop abusing the national credit card, cancel his $20 billion in extra inflationary spending and borrowing, balance the budget and bring down interest rates so that Canadians can afford to live in this country?
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  • Nov/24/23 11:38:08 a.m.
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Mr. Speaker, over the past eight years, this Prime Minister has added billions of dollars to the debt, more than the other 22 prime ministers combined. Let that sink in for a moment. Next year, he will spend more on servicing his debt than he has on health care transfers to the provinces. Clearly, this Prime Minister is not worth the cost. Why are the Liberals ignoring our calls to present a plan to return to a balanced budget in order to lower interest rates and lower inflation?
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