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Finance

During Question Period on finance, the Conservatives said the government has increased spending and doubled the deficit, that families are paying thousands of dollars a year in debt interest, and that this spending is driving up the cost of food, gas, and housing; they called on the government to cut spending. The Liberals replied that the economy is strong and projected to be among the fastest-growing in the G7, that Canada has a strong credit rating and wages growing faster than inflation, and pointed to investments such as $6 billion in the trades, a sovereign wealth fund, and roughly $1 billion in support for the steel, aluminum, and copper industries, asking whether the Conservatives would cut that support.Written by AI from the debate. Updated .

Official text

4 statements

Melissa Lantsman

Conservative
“The Prime Minister promised to spend less, but he increased spending and doubled the deficit. Canadian families now pay $3,400 this year just for interest on government debt. The Prime Minister must stop this spending so Canadians can get by.”

  • A repeated line

    “The Prime Minister promised to spend less.”

    Said 5 times by 5 members since April 28.

    Every time it was said
Official Hansard

Mr. Speaker, the Prime Minister promised to spend less, but then he spent $35 billion more in the last fiscal update alone. He promised to lower the debt; instead, the deficit doubled from just one year ago. He promised fiscal brilliance, but the not even so conservative Globe and Mail calls that “an inversion of reality”. Once an expensive Liberal, always an expensive Liberal. This year, Canadian families will write a cheque for $3,400 just to cover the interest on the Liberal debt. Why will the Prime Minister not stop forcing Canadians to pay the credit card bill, and just allow them to get by?

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Wayne Long

Liberal
“Our economy is strong and is expected to be one of the fastest growing in the G7. We are spending $6 billion on the trades and investing in a sovereign wealth fund to keep building it.”

  • A repeated line

    “We are going to build a strong economy.”

    Said 5 times by 2 members since April 30.

    Every time it was said
Official Hansard

Mr. Speaker, Canada’s new government is committed to build a strong, resilient and independent economy. Despite what we hear opposite, our economy is strong. The IMF projects our economy to be one of the most resilient, fastest-growing in th G7. We are going to continue to build the economy. The spring economic update invests $6 billion in the trades, and it invests in the sovereign wealth fund. On this side, we are continuing to build a strong economy. That side can continue with the rhymes and rhetoric.

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Melissa Lantsman

Conservative

Linked statement

“The Prime Minister spent too much money and doubled the debt. That spending caused high prices for food, gas, and housing. I want the government to stop spending so life is affordable again.”
Official Hansard

Mr. Speaker, the Prime Minister told Canadians that he was the guy who people hire in a crisis, and then spent double what the last guy spent. Just five years from now, the Liberal credit card bill will reach $1 trillion. All that spending has brought us the highest grocery prices, the worst housing crisis and two-dollar-a-litre gasoline while everybody falls behind. The crisis guy is racking up more debt and promising that somehow it is going to be different this time. When are the Liberals finally going to stop the credit card craziness so Canadians can afford to live?

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Evan Solomon

Liberal
“Our economy is doing well, and wages are growing faster than inflation. We just invested 1.5 billion dollars to protect jobs in the steel, aluminum, and copper industries. I want to know if the Conservatives would cut that support.”

  • Government answer in Question Period

    Relevance 12 of 100

    None of this answer addressed the specific question that was asked.

    See full analysis
Official Hansard

Mr. Speaker, speaking of credit, we have the best credit rating in the world. Wages have grown twice as fast as inflation. What would the opposition cut? For example, would they cut support for our workers? Just today, we have invested $1 billion to support the steel, aluminum and copper industries hit by a trade war that the Conservatives deny, with another $500 million for good jobs, like at Beau-Roc, where they are building with steel. Would these guys cut support for those industries? You can ask them, Mr. Speaker.

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