Adjournment Proceedings

An adjournment debate on the size of the federal deficit. Conservative member Pat Kelly said the deficit had reached $67 billion, more than double the previous one, and argued the government’s spending has not delivered major projects, citing cancelled pipelines. Liberal parliamentary secretary Karim Bardeesy said the government is controlling spending while making targeted investments, that Canada’s deficit-to-GDP ratio is declining and its debt-to-GDP ratio is the lowest in the G7, and that spending supports programs like dental care and child care. Kelly replied that the government has repeatedly abandoned its own fiscal anchors and that living standards have not improved, and Bardeesy asked which programs the opposition would cut.Written by AI from the debate. Updated .

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2 statements

Pat Kelly, Calgary Crowfoot

Conservative
“I want the government to answer for its huge deficit. The deficit ended up at 67 billion dollars, which is more than double the last one. The Liberals claim they are spending this money to build big projects, but they have not built anything. They have canceled pipelines instead of building them.”
Official Hansard

Mr. Speaker, it is a pleasure to rise on adjournment business to seek a little more accountability from the government for its response to a question that I asked in question period a couple of weeks ago. I questioned the government about the deficit, which had not yet been tabled. I simply asked whether or not the government could give assurance to the House that it would not be higher than the projected deficit that Justin Trudeau submitted in the last financial update that was tabled in the House when he was prime minister. Some will recall the chaos around that. The finance minister resigned two days or so before it was to be tabled. For those of us who were here then, we did not even know if there was going to be a budget that day. It was chaotic. There were boxes. Nobody knew if we were even going to get a briefing in a lock-up over it. It was delayed. There was no speech. When we did receive the budget, there was no signature and no name. It was like an anonymous budget just dropped by a random Liberal minister who was called upon to do it. The finance minister resigned over that budget or had resigned already. The former prime minister resigned not long after that. The issue then was the deficit. The deficit was so big then that nobody was willing to take responsibility for it. The Liberals’ own cabinet and caucus decided enough is enough and it was time to bring in somebody who could actually balance the budget or at least control spending and restore fiscal sanity. However, as it turned out, it actually got worse. The first budget the government tabled was more than twice the last budget, which was so bad it resulted in resignations. In response to that, this is what the member said. He would not give assurance that there would not be more than $30 billion in deficit. It turned out to be $67 billion. However, he said, “We are building big, we are building bold and we are building across this country.” What are Liberals even talking about? What are they building? They are not building anything. They talk about the need for energy infrastructure. They talk about the need for all kinds of infrastructure. They have been campaigning and talking about this since 2015 without doing anything. Here we are, over a year after the Prime Minister said they were going to build major projects at unimaginable speeds. The government gave itself extraordinary new powers to approve new major projects. None have been approved. None are being built. The Liberals are not building big across the country. They are just talking about it. Each time, it is as if they are having an out-of-body experience when they say, “Oh, if only we had a pipeline, we could be an energy superpower.” They had one on the table that was approved. The very first thing they did in 2015 was cancel the northern gateway pipeline. Then they chased out the proponent of the energy east pipeline. Then they chased out the private sector builder of the Trans Mountain pipeline. The government has no track record on building anything, and the budget that it brought in is twice as bad as Trudeau’s final budget, the one that triggered his resignation.

Pat Kelly, Calgary Crowfoot

Conservative
“The government keeps breaking its own spending rules. Their debt is not going down like they claim, and our standard of living has not improved in ten years.”
Official Hansard

Mr. Speaker, is he talking about maintaining their fiscal anchors? Is this parliamentary secretary serious? He was not here, I guess. Maybe he has not been here to see how many fiscal anchors have been declared and discarded since 2015, even the one he cited in his remarks. He possibly misspoke, but he said that they have a declining debt-to-GDP ratio. They do not. If we look at the budget, it is right there in the statement. They got rid of that fiscal anchor. That is not the current one. He talked about the Liberals congratulating themselves on their deficit being $11 billion lower than what they forecasted five months ago. That is like congratulating themselves for taking off the carbon tax after they put it on in the first place. I do not know what else to say. The standard of living is unchanged in 10 years with these guys.

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