“The Prime Minister is wrong. A real sovereign wealth fund comes from budget surpluses and natural resources. Charging $25 billion to Canadians' credit card is not a sovereign wealth fund. The Liberals ran up the biggest deficit outside of COVID-19. They can't manage public funds well. The Liberals are shamelessly using the credit card of future generations.”
What they said. What they meant.
Plain-language translations from the House of Commons.
Recent debates
8 latest topics
Spring Economic Update 2026 Implementation Act
57 statements
Spring Economic Update 2026 Implementation Act
19 statements
Arab Heritage Month Act
5 statements
The Economy
15 statements
Government Priorities
2 statements
Government Priorities
2 statements
Housing
12 statements
The Environment
2 statements
Oral Questions
Finance
A debate about the government's economic update, spending, and deficits. The Conservatives criticized the Liberals for increasing spending and deficits, while the Liberals defended their economic record and plans to invest in training and infrastructure. Both sides mainly stuck to discussing the substance of the economic issues.
“The big spending increase the Liberals just announced is not a cut. They say it is but that's not true. Quebec did not even know about this program until yesterday. The Liberals are being reckless and dishonest by saying more spending is actually a cut. They are racking up huge debt that our children will have to pay back someday. It's wrong for the government to spend so much when regular Canadians are having a hard time paying their own bills.”
“The Liberals spend too much. They have doubled the deficit from Trudeau. The newspaper says this is a bad way to run things. Canadians have less because the Liberals spend more. The Prime Minister should stop spending so much so Canadians can afford to live.”
“The Prime Minister is borrowing too much, just like before. Economists are warning us. Without measures to boost productivity, our debt will become a huge problem. We already have the worst food inflation in the G7. Why are the Liberals making Canadians pay more for everything?”
“The Liberals doubled the deficit in one year. Trudeau ran up the deficit from $31 billion to $65 billion. Canadians will pay higher taxes and interest. The interest alone costs more than all health transfers. Liberals always spend more money and raise taxes.”