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Decentralized Democracy

House Hansard - 232

44th Parl. 1st Sess.
October 16, 2023 11:00AM
  • Oct/16/23 2:38:32 p.m.
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Mr. Speaker, it is nice to welcome back the finance minister. I was beginning to think she had forgotten the address of this location. After eight years, Canadians are realizing that the government is not worth the cost. Canadians are struggling and the government continues to increase its deficits and inflation. Everyone now agrees that deficits increase interest rates. Will the finance minister finally confirm for Canadians that she will balance the budget so that interest rates can come down and Canadians can keep their homes?
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  • Oct/16/23 2:40:55 p.m.
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Mr. Speaker, while households are dealing with higher interest rates, taxpayers are now on a bigger hook. That is because interest on the debt is going up. The government projected just a few months ago that it would spend $44 billion on debt-servicing costs this year, but that assumed that interest rates would go down. Instead, interest rates have gone up. Will the Minister of Finance finally tell Canadians how much they are now on the hook for with higher debt-servicing costs, because interest rates have not come down?
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  • Oct/16/23 3:21:59 p.m.
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Mr. Speaker, I very much look forward to some of the guidance you have for members when you come out with that later this week. I hope you will also consider how members can hold government ministers accountable for their willingness to show up for question period when you provide your guidance.
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