Finance

Question period focused on the state of Canada’s economy and federal finances. Conservative members said government spending and debt are driving up costs, citing job losses, a 6.9% unemployment rate that they said is the highest in the G7, growing food bank use, and a deficit they put at $65 billion, and called on the government to stop borrowing and spending. Liberal members responded that the government has cut rather than raised taxes, protected benefits, invested in workers, housing and major projects, and pointed to what they described as the lowest debt-to-GDP ratio in the G7, record exports and high foreign investment, inviting the opposition to support those investments. There was also an exchange over whether the deficit had gone up or down.Written by AI from the debate. Updated .

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