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Finance

Question period on finance ahead of Thursday’s budget. The Bloc Québécois asked whether the budget would address Quebec’s interests, including protection from foreign Internet and energy companies, a doubled grocery rebate, removal of GST on used goods, a pension increase for seniors 65 to 74, a $2-billion reserve for tariff-related job losses, help for forestry companies, and action on housing and homelessness. The Liberal minister pointed to past cultural funding, tax cuts, the dental care plan, child and grocery benefits, and a $10-billion infrastructure agreement with Quebec, and said to wait for the budget. Conservatives asked whether the government would keep its fiscal anchor of a declining deficit-to-GDP ratio, questioned its use of the IMF net debt calculation that includes Canada Pension Plan assets, and raised projected debt service costs approaching 14% of revenue. Liberals replied that Canada has the strongest fiscal position in the G7 and a top credit rating, cited GDP growth, exports and investment, and said the budget, titled “Masters of Our Destiny,” would invest in affordability.Written by AI from the debate. Updated .

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