“The Prime Minister said our debt would go down. But the budget officer says it will grow from $1.5 trillion to $2.3 trillion in four years. I want the Prime Minister to explain that.”

“Mr. Speaker, in September 2025, the Prime Minister stood in the House and stated, “We are going to have a declining level of debt”, yet the Parliamentary Budget Officer is projecting debt to climb from $1.5 trillion to $2.3 trillion over the next four years. Would the Prime Minister like to explain how debt going from $1.5 trillion to $2.3 trillion is, in his own words, a declining level of debt, or is he using the same math that he used to conclude that affordability is the best it has been in a decade?”

“Interest rates are going up because inflation will not stop. I want the Prime Minister to stop his high spending and lower our debt like he promised.”

“Mr. Speaker, also casting doubt on their plan is the Bank of Canada. The Bank of Canada’s monetary policy report states that there is slack in the labour market. It states that businesses have excess capacity. Normally, this would lead to lower interest rates, yet the Bank of Canada increased interest rates due to persistent inflation. The Prime Minister says the Liberals will focus on what they can control. Will the Prime Minister focus on what he can control, his inflationary spending binge, and do what he promised and deliver a declining level of debt?”

“Canadians are paying more for food and housing, and interest rates are going up. The federal debt interest will soon reach $83 billion a year, which is more than we spend on health care or defence. The government must admit that its spending is hurting Canadians.”

“Mr. Speaker, Canadians are paying more at the grocery store and more to keep a roof over their heads. This week the Bank of Canada raised interest rates, meaning higher mortgage payments for families. Meanwhile, the Parliamentary Budget Officer projects annual interest on the federal debt will reach $83 billion by 2031, more than health transfers and more than defence. Debt is rising, interest rates are rising, and Canadians are out of money. With Halloween tomorrow, will the Liberals admit that their costly spending plan is all trick and no treat?”

“Higher interest rates are making mortgages and borrowing more expensive for families. Canada's economy is growing at only half the rate of the American economy. Liberal taxes and rules are blocking resource development. The government must stop holding back these projects so we can bring down the cost of living.”

“Mr. Speaker, the Bank of Canada raised its interest rate for the first time in three years. What does that mean for Canadians? It means that borrowing is more expensive, mortgages are more expensive and, once again, the financial pressure on families is increasing. Meanwhile, our economy is growing at half the rate of the U.S. economy. In fact, it is even worse than that. We rank 13th in the G20 for growth, just ahead of South Africa. Despite all this, the Liberals are imposing ever more taxes, regulations and bureaucratic roadblocks to developing our resources. When will the government see that in order to bring down the cost of living, it needs to stop holding back proponents who want to develop our country’s resources?”

• Echo ×3

  A repeated line

  “The Bank of Canada raised its interest rate for the first time in three years.”

  Said 3 times by 3 members since October 30.

  Every time it was said →

“Three reports this week show our economy is slowing, groceries are expensive, and people are struggling. To fix this, Canada must cut red tape, help businesses grow, boost productivity, develop energy resources, approve projects faster, and lower fuel taxes. Will the government put these ideas in its next budget?”

“Mr. Speaker, this week, three different reports have confirmed that our economy is slowing, that groceries cost a fortune for ordinary people and that people are struggling to make ends meet. It is clear what Canada needs to do to get its economy back on track: reduce regulatory and bureaucratic barriers; allow businesses to grow, particularly in the domestic market; focus on improving productivity; develop our resources, especially our energy resources; accelerate project approvals; and reduce federal taxes on fuel, including diesel. These are all Conservative measures that are within the Liberals’ control. Have the Liberals included them in their next budget?”