“Mr. Speaker, I want to congratulate my colleague on his very interesting speech. I will come back to what he said at the beginning about the deficit, which is lower than expected because growth was higher than expected, given that government spending was deferred. There is also another factor. The disaster mitigation and adaptation fund was used less than anticipated. If there had been more floods or fires, we would have had the expected deficit. I want to raise another point that my colleague mentioned later in his speech: the Canada Strong fund. That is $25 billion over three years. It does not appear on the balance sheet. In accounting terms, it is off-budget because it is asset-backed. However, as the member said, it still adds $25 billion to the government’s debt, even if it does not appear in the deficit. Is that a good idea?”
Statement grade
A+
The average of Signal, Relevance, Respect and Clarity.
Average 96 / 100
A score under 50 is red. Choose a measurement to see where it lost points and why; choose it again to clear.
Procedure 4%Claims 90%Reasoning 6%
This view breaks the statement into its steps and names what each one does.
Mr. Speaker, Procedure · 4 wordsthis is very odd.ProcedureClaims · 102 wordsIn 2024, England set up a fund exactly like that.3It was a fund directly financed with debt.4The British Parliament refused to call it a sovereign wealth fund because that is not what it was.1The term does exist, and it applies in some countries, such as Norway.6However, the concept we are discussing is not a real sovereign wealth fund.Oddly enough, our current Prime Minister was a consultant.5He was there to help the British Parliament put that in place.2He knows that this is not a sovereign wealth fund.Motive imputedHe is using the term, but not the concept.Reasoning · 7 wordsIn my opinion, that is a mistake.
