Finance

Question period on finance focused on the government’s spring fiscal update and budget. Conservative members argued the government is spending and borrowing too much, citing figures like added household debt, a federal debt reaching $1.4 trillion, rising interest costs, planned EI premium increases, and slow action on the U.S. tariff dispute, and called for spending cuts. Government members replied that Canada has the lowest debt-to-GDP ratio in the G7 and a deficit reduced by $11 billion, and pointed to investments in trades training, infrastructure, major resource projects, and reduced CPP deductions as making life more affordable.Written by AI from the debate. Updated .

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