Finance

Question period focused on government spending, debt, and the cost of living ahead of an upcoming federal fiscal update. Conservative members said the government was adding $90 billion in net new spending, that debt interest costs have reached $55 billion a year, and that this spending was driving up the price of housing, rent, and groceries; they asked whether the government would keep spending in its next update. Liberal ministers replied by citing the International Monetary Fund’s view that Canada has the strongest fiscal position in the G7 and its second-fastest projected growth, and repeatedly asked the Conservatives to list which programs, such as dental care, the Canada child benefit, or old age security increases, they would cut to pay for their plans.Written by AI from the debate. Updated .

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