Discussion · Oral Questions
Pat Kelly Conservative
“The government is borrowing $72 billion this year, which is more than it planned. It also led our economy into a recession, and future deficits will be much worse. Will the finance minister admit he has lost all credibility on the economy?”
“Madam Speaker, of course we believe in Canada. We believe in Canadians. We do not believe in the Liberal government, because it is the only government in the G20 to lead its economy into a recession. This week, we also learned that the government is borrowing $72 billion this year, not $65 billion as stated in the budget. The Montreal Economic Institute said that the deficit is on track to exceed $117 billion by 2035, and that is even without new spending. Will the finance minister admit that this week’s reports have destroyed whatever fiscal credibility he thinks that he might still have?”
Official Hansard
Madam Speaker, of course we believe in Canada. We believe in Canadians. We do not believe in the Liberal government, because it is the only government in the G20 to lead its economy into a recession. This week, we also learned that the government is borrowing $72 billion this year, not $65 billion as stated in the budget. The Montreal Economic Institute said that the deficit is on track to exceed $117 billion by 2035, and that is even without new spending. Will the finance minister admit that this week’s reports have destroyed whatever fiscal credibility he thinks that he might still have?