Discussion · Oral Questions
Jacob Mantle Conservative
“The government's debt numbers look better than they really are because they leave out provincial debt and count public pensions as assets. I want the Minister of Finance to tell us if he will let foreign lenders take money from our pensions to pay our debts.”
“Mr. Speaker, these top-line numbers sound good, but just pull back the curtain and it is a bit of a different story. We can take the debt-to-GDP ratio. That does not include massive provincial debts, and on the asset side, it includes the CPP and the Quebec pension plan. Is the Minister of Finance telling Canadians today that he will allow foreign creditors to raid the pension plan and shortchange retirees?”
Official Hansard
Mr. Speaker, these top-line numbers sound good, but just pull back the curtain and it is a bit of a different story. We can take the debt-to-GDP ratio. That does not include massive provincial debts, and on the asset side, it includes the CPP and the Quebec pension plan. Is the Minister of Finance telling Canadians today that he will allow foreign creditors to raid the pension plan and shortchange retirees?