Discussion · Oral Questions
Michael Chong Conservative
“The government uses Canadians' pension money to make its growing debt look smaller. Will the government stick to the debt limits it set in its last budget?”
“Mr. Speaker, the net debt calculation the government used in its last budget is the IMF’s net debt calculation, which includes the Canada pension plan. I am sure that Canadians listening would not like to know that the government’s calculation involves using the assets of the Canada pension plan to offset its rapidly growing debt. The Prime Minister came to office with a much vaunted fiscal resume, and again I ask the question, will the government keep to the fiscal anchors it established in the last federal budget?”
Official Hansard
Mr. Speaker, the net debt calculation the government used in its last budget is the IMF’s net debt calculation, which includes the Canada pension plan. I am sure that Canadians listening would not like to know that the government’s calculation involves using the assets of the Canada pension plan to offset its rapidly growing debt. The Prime Minister came to office with a much vaunted fiscal resume, and again I ask the question, will the government keep to the fiscal anchors it established in the last federal budget?