The Economy

The debate focused on the state of the Canadian economy, with the Conservative Member, Rachael Thomas, arguing that despite hard work by Canadians, many households are struggling to manage costs. She asserted that the federal government’s overspending is causing inflation and accumulating debt. Thomas emphasized that future interest payments on the debt would reduce funding for essential services like healthcare and seniors’ programs, urging the government to reduce spending and address the cost of living.Written by AI from the debate. Updated .

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1 statement

Rachael Thomas, Lethbridge

Conservative

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“Canadians are working hard but still cannot afford their bills. The government is spending too much and adding to the debt, which drives up inflation. Interest on the debt will soon cost 83 billion dollars a year, leaving less money for health care, seniors, and veterans. I want the government to take responsibility, stop overspending, and help lower the cost of living.”
Official Hansard

Madam Speaker, Canadians are working hard. They are doing everything right, and still they are struggling to make ends meet. Families are stretched thin, seniors are struggling to afford heat, and parents are helping their adult children to pay rent. Meanwhile, the federal government is piling on debt, driving up inflation and leaving Canadians with the consequences. Canada’s fiscal watchdog just downgraded Canada’s economic outlook and warned that the Liberal government is failing to meet its own fiscal target. Federal debt is projected to keep rising, with the interest costs alone expected to reach $83 billion annually within the next few years. That is $83 billion just in interest payments. That means less money for health care, less money for seniors and less money for veterans, all because the government cannot control its spending. In Lethbridge, people and businesses alike are already feeling the strain. Canadians deserve responsible fiscal management, real relief from the cost of living, and an economy that creates good jobs and gives families the chance to get ahead. When will the Liberal government take responsibility for its actions, reverse the—

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