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Decentralized Democracy

House Hansard - 314

44th Parl. 1st Sess.
May 21, 2024 10:00AM
Context: House Hansard - 314 - May/21/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • May/21/24 2:29:16 p.m.
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Mr. Speaker, the minister does not even know that the target is 2%. Maybe that is one of the reasons she is missing the target; she does not know what it is. The same goes for the interest rates we are paying on the national debt. The Prime Minister says that doubling the national debt is not a problem because the rates were very low. That is why I suggested locking in the rates with 10-year or 30-year bonds, when the rates were low, as it is done with mortgages. That incompetent minister did not do that. Now we are going to pay more interest on the $400 billion that is going to be refinanced this year. Why?
121 words
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