Discussion · Government Orders
Tako Van Popta Conservative
“The government is adding up to $80 billion more to our national debt, which will cost billions just in interest. How can the government justify this when Canadians are already struggling with the cost of living?”
“Madam Speaker, the Liberal government is going to be adding somewhere between $70 billion and $80 billion in additional debt to its already sky-high deficit with accumulated debt of over $1 trillion. If I take the middle point and apply 4% interest to it, that is $3 billion every year just in additional interest payments on an already very high number. How does the Liberal government justify adding tens of billions of dollars of debt to the national debt when so many Canadians are already struggling with the cost of living?”
Official Hansard
Madam Speaker, the Liberal government is going to be adding somewhere between $70 billion and $80 billion in additional debt to its already sky-high deficit with accumulated debt of over $1 trillion. If I take the middle point and apply 4% interest to it, that is $3 billion every year just in additional interest payments on an already very high number. How does the Liberal government justify adding tens of billions of dollars of debt to the national debt when so many Canadians are already struggling with the cost of living?