Discussion · Government Orders
Gérard Deltell Conservative
“The minister broke his promise to balance the budget by 2019. He borrowed too much money instead of saving it, and our children and grandchildren will have to pay off this huge debt.”
“Madam Chair, the minister seems to forget that he was elected in 2015 on a promise to run three small deficits and achieve a zero deficit in 2019. He did none of that. On the contrary, even when the global economy was doing well, the government did not set any money aside. That would have been the right thing to do. However, the man with a trillion-dollar debt, that is one thousand billion dollars in debt, cannot tell us how much the interest on that debt costs. He talks about intergenerational investments. Does he realize that our children, grandchildren and great-grandchildren will be paying for this government’s debt and reckless deficits?”
Official Hansard
Madam Chair, the minister seems to forget that he was elected in 2015 on a promise to run three small deficits and achieve a zero deficit in 2019. He did none of that. On the contrary, even when the global economy was doing well, the government did not set any money aside. That would have been the right thing to do. However, the man with a trillion-dollar debt, that is one thousand billion dollars in debt, cannot tell us how much the interest on that debt costs. He talks about intergenerational investments. Does he realize that our children, grandchildren and great-grandchildren will be paying for this government’s debt and reckless deficits?