Finance

During question period on finance, Conservatives said the government is spending too much, pointing to $90 billion in new spending in budget 2025 and over $55 billion a year in debt interest charges, which they said drive up interest rates, mortgage payments and food prices. They asked the government to cut spending, naming areas like consultants, foreign aid and asylum-related health costs. Liberals replied that Canada has the strongest debt position in the G7 and one of its fastest-growing economies according to the IMF, that the government is cutting spending while investing in the military and helping Canadians through a difficult global period, and they asked Conservatives which services they would cut instead.Written by AI from the debate. Updated .

Official text (opens in a new tab)

3 statements

Shannon Stubbs, Lakeland

Conservative
“The government spends too much money, and the interest on the debt is over $55 billion. That costs families thousands of dollars and drives up food prices. When will the government control its spending so Canadians can afford to live?”
Official Hansard

Mr. Speaker, Canadians must cut back at home, while the Prime Minister has doubled Trudeau’s deficit, spending $90 billion more. Debt interest charges alone are over $55 billion. That is more than federal transfers for health care to all provinces combined. The Prime Minister spends drunkenly on lavish food and flights while he travels the world, but families pay over $3,300 a year for his interest charges. The Liberals force Canadians to sacrifice essentials every day. Food bank usage is up because food costs have skyrocketed. When will the Liberals get spending under control so Canadians can afford to live again?

Shannon Stubbs, Lakeland

Conservative
“Government spending causes high interest rates and makes life unaffordable. I want the government to cut spending on consultants, foreign aid, and health care for fake refugees to lower costs for Canadians.”
Official Hansard

Mr. Speaker, as always, Liberals love to spend other people’s money and blame everyone and everything else for their own record. The Bank of Canada confirms that high deficits drive high interest rates. Since 2015, the Liberals’ crazy deficits have skyrocketed. That means higher mortgage payments, higher car payments and higher credit card bills. High Liberal spending drives high inflation, and Canadians pay the price. Every buck the PM spends comes from Canadians. Will Liberals agree with Conservatives to cut consultants, foreign aid and health care for fake refugees; bring down costs at grocery stores and at pumps and for homes; and make Canada affordable for all?

Branden Leslie, Portage—Lisgar

Conservative
“The Prime Minister is spending too much money. His budget added 90 billion dollars in new spending, and debt interest costs over 55 billion dollars this year. I want him to stop this high spending next week.”
Official Hansard

Mr. Speaker, it takes a special kind of spending problem to make Justin Trudeau look fiscally responsible, yet the Prime Minister has done it. His budget 2025 added $90 billion in net new spending, and the government is now paying over $55 billion this year just to service our debt. Canadians are being told to tighten their belt, yet the Prime Minister cannot even find his. Next week’s fiscal update is the moment of truth. Will the Prime Minister finally get serious, rein in his out-of-control spending and stop pouring inflationary gasoline on families and seniors who are struggling to survive?

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 110

  1. Government Orders Strong and Free Elections Act 24 statements
  2. Oral Questions Finance 12 statements
  3. Oral Questions Natural Resources 6 statements
  4. Oral Questions Finance 6 statements
  5. Oral Questions Ethics 2 statements
  6. Oral Questions Public Services and Procurement 4 statements
  7. Oral Questions Labour 4 statements
  8. Oral Questions Immigration, Refugees and Citizenship 4 statements
  9. Oral Questions Health 4 statements
  10. Oral Questions International Trade 2 statements
  11. Oral Questions Taxation 2 statements
  12. Oral Questions International Trade 18 statements
  13. Oral Questions Foreign Affairs 2 statements
  14. Oral Questions Indigenous Affairs 2 statements
  15. Oral Questions Public Safety 2 statements
  16. Oral Questions The Environment 2 statements
  17. Oral Questions Steel and Aluminum Industry 5 statements
  18. Government Orders Strong and Free Elections Act 41 statements
  19. Oral Questions The Economy 2 statements
  20. Private Members' Business Jury Duty Appreciation Week Act 13 statements
  21. Oral Questions International Trade 4 statements