Discussion · Adjournment Proceedings
Leslie Church Liberal
“The federal deficit will be 11.5 billion dollars lower than expected next year. The economy is doing better and bringing in more money. We are managing government spending carefully while still investing to help Canadians.”
“Madam Speaker, the spring economic update shows that the projected deficit is actually $11.5 billion lower in 2025-26 than forecast in budget 2025. This improvement is possible because of stronger-than-expected economic performance and higher revenues. We are concentrating on what we can control, such as maintaining fiscal sustainability while making targeted, high-impact investments for Canadians right across the country. This means eliminating the operating deficit over time, ensuring a declining deficit-to-GDP ratio and ensuring that every dollar spent on behalf of Canadians supports growth and resilience and improves the well-being of Canadians. That is what a fiscally responsible government looks like, and that is how we are building Canada strong for all. By making these adjustments now, we are making it possible to make generational investments that protect and transform Canada’s industries, strengthen our economy and empower Canadians.”
-
Reply to a debate question
Clarity 35 of 100
Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.
See full analysis
Madam Speaker, the spring economic update shows that the projected deficit is actually $11.5 billion lower in 2025-26 than forecast in budget 2025. This improvement is possible because of stronger-than-expected economic performance and higher revenues. We are concentrating on what we can control, such as maintaining fiscal sustainability while making targeted, high-impact investments for Canadians right across the country. This means eliminating the operating deficit over time, ensuring a declining deficit-to-GDP ratio and ensuring that every dollar spent on behalf of Canadians supports growth and resilience and improves the well-being of Canadians. That is what a fiscally responsible government looks like, and that is how we are building Canada strong for all. By making these adjustments now, we are making it possible to make generational investments that protect and transform Canada’s industries, strengthen our economy and empower Canadians.