“Mr. Speaker, the member said that the motion was short on text, but the motion referenced the Parliamentary Budget Officer’s report, which is full of data and statistics. I bring to his attention page 3, which reads: Public debt charges are the fastest-growing expense. They are projected to more than double from $24.5 billion in 2021‑22 to $59.3 billion in 2026‑27. I will let him reflect on that and maybe check through the report for some of the other data there. He spoke about households and talked about buying a house and getting a mortgage. I was in the mortgage business for 22 years. The government’s household analogy would be more like buying a house and then going back to the bank every year to refinance the house and borrow continually against the house. Sooner or later one hits a wall. Sooner or later the debt becomes unsustainable. Is he concerned about the Parliamentary Budget Officer’s warnings about sustainability?”
Statement grade
A–
The average of Signal, Relevance, Respect and Clarity.
Average 87 / 100
A score under 50 is red. Choose a measurement to see where it lost points and why; choose it again to clear.
Claims 75%Reasoning 22%Procedure 4%
This view breaks the statement into its steps and names what each one does.
Mr. Speaker, Claims · 99 wordsfirst of all, with regard to the household analogy, what that member fails to recognize is that if he is concerned about the overall debt as a proportion of the size of our house, he should take a look across the street and in the neighbourhood and realize that, actually, we are in one of the best positions.Vague promiseThat does not mean that we still do not have work to do, Unearned certaintybut nowhere in his public commentary that I have heard in the House today does he recognize that Canada actually has the strongest fiscal position within the G7.1Reasoning · 32 wordsIf he would like to highlight that we should take that barometer out wider and look at the G20 or other comparable countries, I think that is a fair question to raise, Claims · 35 wordsbut when he talks about debt servicing charges going from $24 billion to over $50 billion, what he is failing to recognize is that the size of the economy also grew at the same time.2Reasoning · 18 wordsWhen we deal in nominal numbers, it can feel like a very big number to the average Canadian.Procedure · 9 wordsAgain, I am not trying to shed the responsibility.ProcedureVague promiseClaims · 39 wordsThe government has to be careful and thoughtful on this question.Partly on pointIn the context of his framing, he does not highlight the fact that the overall economy has grown to such a size that Canada’s fiscal position remains sustainable.