Finance

During Question Period on finance, the Conservatives said debt interest costs now exceed what the government spends on health care or collects in GST, criticized spending on items like the federal gun program and debt interest, and asked why the government will not cut all gas taxes for the rest of the year. Liberals replied that Canada has the best debt-to-GDP and fiscal position in the G7, one of the fastest-growing economies, and wages outpacing inflation, and asked the Conservatives to name which programs they would cut, suggesting their spending criticism could include old age security, the Canada child benefit, or the school food program.Written by AI from the debate. Updated .

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3 statements

Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions)

Liberal
“The Conservatives are misleading Canadians about the economy, and I want to share the real facts.”
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Official Hansard

Mr. Speaker, despite the Conservative leader and his party’s best efforts to mislead Canadians about the economy, let us look at some facts— Some hon. members: Oh, oh!

Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions)

Liberal
“Canada's economy is doing well. We have the best debt-to-GDP ratio and fiscal position in the G7, the second-fastest growing economy, and wages are growing faster than inflation.”
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    Signal 44 of 100

    Much of this statement went to praise, blame, greetings, routine procedure or general stories rather than reasons, requests or specific points.

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  • Government answer in Question Period

    Clarity 36 of 100

    Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.

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  • A repeated line

    “The Prime Minister promised the fastest-growing economy in the G7.”

    Said 10 times by 7 members since April 27.

    Every time it was said
Official Hansard

Mr. Speaker, despite that leader and his party’s best effort to paint the wrong narrative, the facts are very clear: best net debt-to-GDP in the G7, strongest fiscal position in the G7, second-fastest growing economy in the G7. Wages are outpacing inflation. Despite the rhetoric on that side, Canadians know our economy is growing. We are going to build— Some hon. members: Oh, oh!

Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons

Liberal
“I want the Conservatives to say which government programs they want to cut. They call this spending inflationary, but they will not say if they mean pensions, child benefits, or school food programs.”
  • Government answer in Question Period

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Official Hansard

Mr. Speaker, it has been several days, if not weeks, since we asked the Conservatives to table a list of programs they would like to cut, things that they label “inflationary spending”. The possibilities are old age security, the Canada child benefit, the school food program, support to our workers, building the country, building major projects and building it strong. Which of these things are inflationary spending in the eyes of the Conservative Party?

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