Discussion · Government Orders
Tamara Jansen Conservative
“Canada will spend over $50 billion this year just on interest for the national debt. That money does not help Canadians or create jobs. I want my colleague to talk about how this debt will hurt families and future generations.”
“Madam Speaker, every dollar spent on interest is a dollar that cannot be spent on the future. Canadians will pay more than $50 billion this year simply to pay the interest charges on federal debt. That money produces nothing. It creates no jobs, builds no infrastructure and improves no public services. Could my colleague share her thoughts on the long-term consequences of forcing Canadian families and future generations to carry the cost of today’s reckless deficits?”
Official Hansard
Madam Speaker, every dollar spent on interest is a dollar that cannot be spent on the future. Canadians will pay more than $50 billion this year simply to pay the interest charges on federal debt. That money produces nothing. It creates no jobs, builds no infrastructure and improves no public services. Could my colleague share her thoughts on the long-term consequences of forcing Canadian families and future generations to carry the cost of today’s reckless deficits?