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Finance

In question period, members focused on the federal budget being tabled the next day. The Conservatives criticized the government’s spending record, saying past budgets drove up deficits, inflation, interest rates, and the cost of living, and asked whether the government would cut spending and honour the Prime Minister’s campaign pledge to reduce the debt-to-GDP ratio, citing an announced deficit of $63 billion. Liberals said the budget, titled “Masters of Our Destiny,” would protect Canada’s economic security and sovereignty, support families, build industries, and create jobs, and they pointed to the tariff crisis with the United States and job losses as the current context; one minister also noted past Conservative prime ministers had increased the debt.Written by AI from the debate. Updated .

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