Translate Politics Parliament in plain language.

Finance

During Statements by Members under the Finance topic, Conservative member Aaron Gunn spoke about the federal deficit and debt. He said government borrowing has grown the deficit and added to the national debt, that interest payments leave less money for services like health care, schools, and roads, and he called on the Prime Minister to stop spending and balance the budget. No other members’ statements on this topic are recorded here.Written by AI from the debate. Updated .

Official text

1 statement

Aaron Gunn

Conservative
“The government is borrowing too much money. Paying interest on our huge debt leaves less money for health care, schools, and roads. I want the Prime Minister to stop spending and balance the budget.”
Official Hansard

Mr. Speaker, what a a colossal and grotesque waste of taxpayer money. How else could one describe the deliberate Liberal decision to double the size of Canada’s deficit and add $1 trillion to Canada’s debt? It will increase the amount of taxpayer money wasted on interest payments to $80 billion every single year. That is $5,000 per Canadian household not going toward health care, education or roads. That is money taken from the pockets of everyday, hard-working Canadians and squandered. If we keep borrowing all this money with no plan to pay it all back, this story will end only one way. It will end with ever-increasing interest charges consuming a larger and larger share of Canada’s budget, meaning less money to pay for the essential government services on which we all rely and a deeper hole that will become only more difficult to dig ourselves out of. I implore the Liberal Prime Minister to put down the shovel, stop digging and restore fiscal discipline and fiscal sanity to this country.

View on ourcommons.ca Grade A– View analysis

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 117

All 50 items ·
  1. Government Orders Business of Supply 117 statements
  2. Statements by Members Finance 1 statement
  3. Oral Questions Immigration, Refugees and Citizenship 8 statements
  4. Oral Questions Indigenous Affairs 4 statements
  5. Oral Questions The Economy 6 statements
  6. Oral Questions Taxation 8 statements
  7. Oral Questions Natural Resources 5 statements
  8. Oral Questions Taxation 2 statements
  9. Oral Questions Rail Transportation 4 statements
  10. Oral Questions Finance 10 statements
  11. Oral Questions Indigenous Affairs 2 statements
  12. Oral Questions Taxation 4 statements
  13. Oral Questions Finance 7 statements
  14. Oral Questions The Economy 2 statements
  15. Oral Questions Immigration, Refugees and Citizenship 6 statements
  16. Oral Questions National Defence 2 statements
  17. Oral Questions Public Safety 2 statements
  18. Oral Questions The Economy 2 statements
  19. Oral Questions Indigenous Affairs 2 statements
  20. Oral Questions National Defence 8 statements
  21. Government Orders Business of Supply 57 statements
  22. Government Orders Government Orders 2 statements
  23. Government Orders Government Orders 2 statements
  24. Government Orders Government Orders 2 statements
  25. Government Orders Government Orders 3 statements
  26. Government Orders Government Orders 2 statements
  27. Government Orders Government Orders 3 statements
  28. Adjournment Proceedings Adjournment Proceedings 4 statements
  29. Adjournment Proceedings Adjournment Proceedings 4 statements
  30. Adjournment Proceedings Adjournment Proceedings 5 statements
  31. Private Members' Business Spectrum Policy Framework for Canada Act 5 statements
  32. Private Members' Business Spectrum Policy Framework for Canada Act 7 statements