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Decentralized Democracy

House Hansard - 203

44th Parl. 1st Sess.
May 31, 2023 02:00PM
  • May/31/23 3:03:03 p.m.
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Mr. Speaker, the Prime Minister left right in the middle of a semester, and I am having trouble remembering why. However, he certainly was not a math teacher. His own finance minister said that deficits pour fuel on the inflationary fire, right before she introduced $60 billion more in deficit spending measures. How much will that add to the inflation rate Canadians have to pay?
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  • May/31/23 3:03:41 p.m.
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Mr. Speaker, while the Leader of the Opposition continues to talk down the Canadian economy, we have the lowest deficit in the G7, and we have the best debt-to-GDP ratio of the G7. The fact is that Canadians can expect arguments back and forth about fiscal responsibility, but if they check the international bond rating agencies, the people whose job it is to evaluate the fiscal responsibility of a given government, they continue to give us a AAA rating for fiscal responsibility. Canadians know we are on the right track.
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  • May/31/23 3:09:44 p.m.
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Mr. Speaker, the Minister of Finance admitted that deficits throw gas on the inflationary fire. Two weeks later, she threw another $60-billion-worth of gas on the same fire. How much does the Prime Minister think that the $60-billion inflationary deficit she added in a single budget will increase the inflation rate on the backs of Canadians?
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