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Finance

During question period on finance, the Conservatives said government spending has pushed the national debt to one trillion dollars and left Canadians paying through higher taxes, with more than one in ten Canadians living in poverty, and asked the Prime Minister to cut spending and deficits. The Liberals replied that the Parliamentary Budget Officer and the Bank of Canada governor view Canada’s fiscal situation positively, noting a deficit $11 billion lower than expected, inflation on target, rising wages, and high foreign investment. They also pointed to cost-of-living programs, including the national school food program, child care savings, and the Canadian dental care plan.Written by AI from the debate. Updated .

Official text

4 statements

Jasraj Hallan

Conservative

Linked statement

“The Prime Minister is spending too much money and putting Canada one trillion dollars into debt. Canadians have to pay for this with higher taxes. Does he know this is our money, or does he not care?”

  • A repeated line

    “More debt and more on the national credit card.”

    Said 12 times by 11 members since May 4.

    Every time it was said
Official Hansard

Mr. Speaker, this Liberal Prime Minister racks up the national credit card, because he knows Canadians have to foot the bill. Despite all the Liberal illusions, it is more costs, more taxes, more debt and more on the national credit card, all by the same old costly Liberals. Every time these guys say they are going to change, they end up racking up more on the national credit card, now leaving Canadians with $1-trillion debt bill over the lost Liberal decade. Does the Prime Minister know this is Canadians’ money, not his, or does he just not care?

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Ryan Turnbull

Liberal
“Canada's economy is doing well. The deficit is down by 11 billion dollars, inflation is on target, wages are up, and foreign investment is high. This shows our economic plan is working.”

  • Government answer in Question Period

    Relevance 100 of 100

    Of this answer, 100% addressed the question that was asked.

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Official Hansard

Mr. Speaker, the Parliamentary Budget Officer says Canada’s fiscal indicators are good. The Bank of Canada governor has said he is encouraged by the federal government’s efforts. That is because the Canadian economy is stronger and more resilient than anticipated, with $11 billion less of a deficit, inflation within the Bank of Canada’s target, and the highest foreign direct investment in nearly two decades. We still enjoy a AAA credit rating. Wages are growing faster than inflation, and the IMF says Canada has the strongest fiscal position in the G7. Those things do not happen by accident. They are proof that our plan is working.

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Jasraj Hallan

Conservative
“I want the Prime Minister to stop high spending and big deficits so Canadians can afford to live.”
Official Hansard

Mr. Speaker, does this guy want a gold medal for having the second-highest deficit in the entire Canadian history outside of COVID? The Prime Minister skips on the bill, while Canadians are skipping meals. More than one in 10 Canadians are now living in poverty, and the pain is only going to get worse with these guys piling on more debt. The Liberals spend like there are no consequences. It is Canadians who have to pay for those consequences. When will the Prime Minister stop the reckless spending and stop the out-of-control deficits so Canadians can afford to live?

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Patty Hajdu

Liberal
“Our programs help people in that member's province. We feed 60,000 kids at school, save families up to $13,700 on child care, and give dental care to over 155,000 people. We are helping them with the cost of living.”

  • Government answer in Question Period

    Relevance 45 of 100

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

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Official Hansard

Mr. Speaker, in that member’s province alone, the national school food program is feeding nearly 60,000 children, and with early learning and child care spots, families are saving up to $13,700 per child per year. In fact, we have the Canadian dental care plan in that riding as well, which helps over 155,000 people in Alberta. All across the province that the member claims to represent, people are benefiting from Liberal-developed programs that are helping with the cost of living and making sure families get ahead.

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