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 .

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