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Decentralized Democracy

House Hansard - 258

44th Parl. 1st Sess.
November 29, 2023 02:00PM
  • Nov/29/23 2:28:24 p.m.
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Mr. Speaker, never has a Prime Minister been so ashamed to defend his own economic update, and we know why. Years after he said that there would be no consequences for doubling the national debt, we have learned that this Prime Minister is going to spend more next year on interest on the debt than he does on health care. Once again, why does the Prime Minister want to give more to bankers than to nurses?
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  • Nov/29/23 2:31:14 p.m.
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Mr. Speaker, never has a prime minister been so ashamed of his own economic update that he wants to avoid talking about it for the week that follows, and we can understand why. Next year, the Prime Minister wants to spend $53 billion on debt interest, a record-smashing amount that is higher than the amount we spend on health care. It works out to $3,000 for every Canadian family. According to the Bank of Nova Scotia, this is going to increase interest rates by two full percentage points, or $700 a year, directly attributable to the government's deficit spending. Will the Prime Minister get control of himself and his spending so Canadians can get control of their mortgage costs?
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