Finance

During question period on finance, Conservative MP Michael Chong said interest costs on the national debt are rising quickly and will consume a large share of tax dollars by 2030, and he asked what the government would do if another major crisis hit. He also noted that growth is low this year and asked the government to commit to making major spending announcements in Parliament rather than outside it. Liberal MP Ryan Turnbull replied that Canada has the fastest-growing economy in the G7, which brought in more revenue and lowered the deficit, and said the government is focused on growing the economy while investing in affordability measures, clean electricity, and housing.Written by AI from the debate. Updated .

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