Finance

During Question Period on finance, the Conservatives asked about government spending ahead of the fall fiscal update, saying high spending and deficits are driving up costs for Canadians and interest rates, and pointing to items like the Alto high-speed rail project, consultants and the gun buyback program as cuts they would make. The Liberals said the Conservatives should table a list of cuts, and cited the International Monetary Fund’s view that Canada has the strongest fiscal situation in the G7, saying the government would use that capacity to fund building projects across the country.Written by AI from the debate. Updated .

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2 statements

Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons

Liberal
“I want the member to show us the list of cuts she wants to make, and we will look at it.”
Official Hansard

Mr. Speaker, I would ask the member to table immediately a list of the cuts she would like to make, and we will look into that.

Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons

Liberal
“The International Monetary Fund says Canada has the strongest finances in the G7. We are going to use that money to build projects across the country with Canadian workers and materials, even if the Conservatives object.”
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Official Hansard

Mr. Speaker, we can believe the deputy leader of the Conservative Party, or we can believe the International Monetary Fund, which says that Canada has the best fiscal situation in the G7 and has lots of fiscal capacity. Do colleagues know what we are going to do? We are going to use that fiscal capacity to build Canada, to build it strong, to build with Canadian products and with Canadian men and women in the skilled trades. We are going to build projects from coast to coast to coast in this country, and we are going to build it over the objections of that member.

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