Mario Beaulieu, La Pointe-de-l'Île
“Conservatives say things are too bad, and Liberals pretend everything is fine. Major banks and the budget officer say our economic growth is slowing down and the deficit is getting worse. What does my colleague think about this?”
“Mr. Speaker, on the one side, we have the Conservative doomsayers, who exaggerate the problems. On the other, we have the Liberal optimists, who say that everything is fine. I would like to know what my colleague thinks about the fact that Scotiabank and the Bank of Montreal both downgraded their growth projections, which are at less than 1%. The most recent report of the Parliamentary Budget Officer also noted a slowdown in growth and a deterioration in the fiscal outlook, with a larger-than-expected deficit and a mere 1% chance that the government will meet its budget forecast.”
Mr. Speaker, on the one side, we have the Conservative doomsayers, who exaggerate the problems. On the other, we have the Liberal optimists, who say that everything is fine. I would like to know what my colleague thinks about the fact that Scotiabank and the Bank of Montreal both downgraded their growth projections, which are at less than 1%. The most recent report of the Parliamentary Budget Officer also noted a slowdown in growth and a deterioration in the fiscal outlook, with a larger-than-expected deficit and a mere 1% chance that the government will meet its budget forecast.