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Decentralized Democracy

House Hansard - 58

44th Parl. 1st Sess.
April 26, 2022 10:00AM
Context: House Hansard - 58 - Apr/26/22
Mr. Francis Scarpaleggia
  • Apr/26/22 3:43:04 p.m.
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Madam Speaker, it can in certain circumstances, but I do not think the member would like to argue that the massive amount of spending that took place during the depths of the pandemic was crowding out private investment. It is quite the contrary. It was helping to maintain private investment and was shifting the debt burden from individual Canadians to the government. If one looks at the recent budget, it allocates only about $31.2 billion in new spending over the next five years. That is about $6 billion a year. That is less than what is being invested in the REM project in Montreal.
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