Discussion · Adjournment Proceedings

Karim Bardeesy Liberal

“Canada's debt compared to our economy is the lowest in the G7, and our deficit is shrinking. Our spending pays for dental care, child care, and help for struggling industries. I want to know which of these programs the opposition would cut.”
Official Hansard

Mr. Speaker, in case the Hansard did not pick it up, I want to make sure it is heard that it is the deficit-to-GDP ratio that is declining. The debt-to-GDP ratio is the lowest in the G7 by some considerable margin. The deficit-to-GDP ratio and balancing operating spending with revenues are two of the key fiscal anchors that we are achieving. Again, I refer my colleague to page 12 of the spring economic update for some more context. I would invite him to reflect on which of the investments and key supports we are bringing in on the affordability and business support side that he would cut. Would it be the groceries and essentials benefit? Would it be national child care, which is supporting thousands of people in my riding and, I know, in his riding? Would it be the Canada dental care plan, or the investments we announced yesterday to support the steel, aluminum and copper sectors, which are struggling because of the tariffs? I think Canadians know that these investments are the right ones.

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