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The Economy

Question period focused on the economy, including Canada’s closer ties with the European Union and government spending. The Conservatives argued that no new agreements with Europe have actually been signed, that pursuing European rules on taxes, immigration, and regulation would cede sovereignty without provinces’ consent, and that inflation-driven revenues and deficits would add hundreds of billions to the debt—about $40,000 per family—while Canadians rely on food banks and face unaffordable housing. The Liberals replied that closer EU ties open a market of 450 million consumers, that non-U.S. exports have grown by $33 billion (11%), that a $500-billion investment summit and strong foreign investment show their plan is working, and that Canada has the best debt-to-GDP ratio, growth, and credit rating in the G7. Several exchanges turned into personal attacks, with the Liberals saying the Conservative leader had never worked in the economy and the Conservatives accusing the government of enriching bankers through rising debt interest.Written by AI from the debate. Updated .

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