Finance

During question period on finance, Conservatives pressed the government on deficit spending and the cost of living, saying the federal debt has passed $1.4 trillion, that roughly $90 billion in new spending was added beyond previous levels, and that this is driving inflation in groceries and housing; some asked the Prime Minister to cap this year’s deficit and stop overspending. Liberal ministers responded that Canada has the strongest economy and fiscal position in the G7, pointing to tax cuts for 22 million Canadians, a groceries and essentials benefit, a pause on the federal gas tax, affordable housing, and major projects such as the Port of Montreal expansion, the Darlington nuclear plant, and LNG Canada that they say are creating jobs. Liberal members also accused the Conservatives of voting against dental care, school lunches, and child care. Several statements referenced members’ home ridings, including Oshawa, Essex, and Saskatchewan.Written by AI from the debate. Updated .

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