Translate Politics Parliament in plain language.

Finance

In question period on finance, the Conservatives cited a Parliamentary Budget Officer report saying the debt-to-GDP ratio will worsen every year until 2031, with interest costs rising from about $25 billion in 2021 toward $83 billion by 2030, and asked the government to admit it needs to cut spending. The Liberals, responding through François-Philippe Champagne, said Canada has the strongest fiscal position in the G7, with the lowest net debt-to-GDP ratio, one of the lowest deficits, and a AAA credit rating, and pointed to IMF growth projections and investments in workers and trade. Champagne asked the opposition to support the government’s plan rather than, in his words, talk down the economy.Written by AI from the debate. Updated .

Official text

No matching statements

No statements match this filter

Choose another party or return to all statements.

Discussion

No comments yet

See the full discussion

Comment rules

More from sitting 151

All 42 items ·
  1. Government Orders Strengthening Canada's Defence Sector Act 79 statements
  2. Oral Questions Public Services and Procurement 5 statements
  3. Oral Questions Finance 4 statements
  4. Oral Questions The Economy 8 statements
  5. Oral Questions The Environment 2 statements
  6. Oral Questions Immigration, Refugees and Citizenship 15 statements
  7. Oral Questions Canadian Culture and Identity 4 statements
  8. Oral Questions Public Services and Procurement 11 statements
  9. Oral Questions Finance 2 statements
  10. Oral Questions Employment 10 statements
  11. Oral Questions International Trade 7 statements
  12. Oral Questions Finance 8 statements
  13. Oral Questions Small Business 2 statements
  14. Oral Questions The Economy 2 statements
  15. Oral Questions Health 2 statements
  16. Oral Questions Justice 2 statements
  17. Government Orders Government Orders 2 statements
  18. Government Orders Strengthening Canada's Defence Sector Act 44 statements
  19. Private Members' Business Canada Revenue Agency Act 6 statements
  20. Government Orders Canadian Fuel Affordability Act 164 statements
  21. Adjournment Proceedings Adjournment Proceedings 4 statements
  22. Adjournment Proceedings Adjournment Proceedings 4 statements
  23. Adjournment Proceedings Adjournment Proceedings 4 statements