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Finance

During question period on finance, the Conservatives said government spending has pushed the national debt to one trillion dollars and left Canadians paying through higher taxes, with more than one in ten Canadians living in poverty, and asked the Prime Minister to cut spending and deficits. The Liberals replied that the Parliamentary Budget Officer and the Bank of Canada governor view Canada’s fiscal situation positively, noting a deficit $11 billion lower than expected, inflation on target, rising wages, and high foreign investment. They also pointed to cost-of-living programs, including the national school food program, child care savings, and the Canadian dental care plan.Written by AI from the debate. Updated .

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