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Decentralized Democracy

House Hansard - 178

44th Parl. 1st Sess.
April 17, 2023 11:00AM
  • Apr/17/23 4:30:03 p.m.
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Madam Speaker, I want to thank my colleague across the way for his excellent speech. I do enjoy working with him on the foreign affairs committee. I know a great organization that is potentially going to benefit from his talents during his next time out. I have a question I want to ask. I had the opportunity to consult with my riding over the last two weeks. I had 13 meetings, and I heard much about the cost of inflation and how it was affecting families. In particular, I want to relate two comments I heard from the villages of Wheatley and Erieau. They have harbours, and they understand the concept of an anchor. A year ago, the Deputy Prime Minister and Minister of Finance made a commitment that Canada's debt-to-GDP ratio was anchored to a solid fiscal anchor and would not rise. The folks in Wheatley and Erieau understand that anchors are not supposed to float, so my question to my hon. colleague is this. Next year, what will be the anchor in this year's budget?
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  • Apr/17/23 5:15:08 p.m.
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Madam Speaker, I have a very short question: What set of circumstances would the member envision where the ratio of debt to GDP would drop? If the Deputy Prime Minister stated last year that it was always going to drop but this year it did not, circumstances changed, what set of circumstances would allow for some responsibility here?
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