Finance

During question period on finance, the Conservative member said that federal spending has driven up taxes, costs and debt, putting the national debt at $1.475 trillion and leaving many Quebeckers borrowing to buy food, and asked when the government would reduce spending. The Liberal member replied that the debt is about 41% of GDP, one of the most manageable levels in the G7, and asked which programs the Conservatives would cut to lower it.Written by AI from the debate. Updated .

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2 statements

Richard Martel, Chicoutimi—Le Fjord

Conservative
“The Prime Minister is causing higher taxes, higher costs, and more debt. The national debt is now $1.475 trillion, and one in three Quebeckers is going into debt just to buy food. I want to know when the Prime Minister will stop spending so much money.”
  • A repeated line

    “More debt and more on the national credit card.”

    Said 12 times by 11 members since May 4.

    Every time it was said
Official Hansard

Mr. Speaker, let us not be fooled. What we have with this Liberal Prime Minister is higher costs, higher taxes, more debt and more money on the credit card. It is always the same thing. He is just another costly Liberal. The Liberal debt has now reached $1.475 trillion. Meanwhile, according to Le Journal de Montréal, one in three Quebeckers is going into debt to eat. Will the Prime Minister take this situation seriously? When will he put an end to his credit card budgets?

Carlos Leitão, Parliamentary Secretary to the Minister of Industry

Liberal
“Canada's debt is low compared to other rich countries. I want the Conservatives to tell us which programs they would cut to lower it.”
  • Government answer in Question Period

    Relevance 17 of 100

    None of this answer addressed the specific question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, Canada’s debt stands at the figure that my colleague mentioned, or 41% of the GDP. That is one of the most manageable levels of debt in the G7. Now, I have a question for my colleague. Where do the Conservatives want to make cuts? What programs do they want to eliminate? Will they reduce old age security benefits? Will they cut the $8 billion that goes to the Canada child benefit? Where would you make cuts? Tell us.

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