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Decentralized Democracy

House Hansard - 232

44th Parl. 1st Sess.
October 16, 2023 11:00AM
Context: House Hansard - 232 - Oct/16/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Oct/16/23 2:35:43 p.m.
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Mr. Speaker, after eight years of failed Liberal-NDP policies, the finance minister experiences inflation much differently than everyday Canadians. Her enormous inflationary deficits led to 40-year highs in inflation that caused the Bank of Canada interest rates to go up, more than ever in history. They are just not worth the cost. After promising to balance the budget, her own budget watchdog called her out, proving Liberal deficits could reach almost $50 billion this year. I guess budgets do not balance themselves after all. Could the finance minister tell Canadians how much she is adding to the federal debt this year, or are we asking for too much?
110 words
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Context: House Hansard - 232 - Oct/16/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Oct/16/23 2:37:05 p.m.
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Mr. Speaker, the finance minister is known for speeding up, just for the wrong reasons. By adding more debt than every government before them combined, she put the pedal to the metal on her deficits and revved up inflation. Unlike on an Alberta highway, the consequence of her spending is not just a speeding ticket; it is a bigger deficit, as well as higher inflation. These things have led to higher interest rates, putting Canada most at risk in the G7 for a mortgage default crisis. After eight years, the Liberals are definitely not worth the cost. Is the finance minister going to blow through her budget deficit projections, again, by more than $6 billion, yes or no?
118 words
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