44th Parl. 1st Sess.
October 17, 2023 10:00AM
- Oct/17/23 10:24:12 a.m.
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Mr. Speaker, if we want to eliminate waste and return to a balanced budget, would it not be common sense to cut the $83 billion that will go to the oil and gas sector between now and 2034?
If we want to help low-income earners, seniors and people struggling to put food on the table and pay their mortgages, should we not be redirecting that money to them instead of supporting the greedy oil and gas sector, which has made $200 billion in profits?
Yesterday, at the Standing Committee on Natural Resources, the Conservative Party's response was to apologize to Suncor on behalf of Canadians.
Is the leader of the opposition defending big oil or low-income earners?
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- Oct/17/23 10:56:00 a.m.
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Uqaqtittiji, the infrastructure gap for first nations, Inuit and Métis communities is estimated at over $300 billion. That is almost more than the entirety of the federal government's annual budget. Recently, the Prime Minister announced that he would ask all ministries to make cuts in their budgets, and this is a huge concern for indigenous services being delivered for indigenous peoples.
I wonder if the member agrees that making cuts to Indigenous Services and Northern Affairs Canada, CIRNAC, will have major detrimental impacts on the conditions that first nations, Métis and Inuit already live under.
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- Oct/17/23 10:56:54 a.m.
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Mr. Speaker, I always appreciate the questions from my hon. colleague. They help elucidate all of us in the House as to the situation in her community.
I know that in the last budget, many of us worked very hard to ensure that we had the right strategy, not just the money, but the right strategy, to address indigenous and northern housing. That was found in budget 2023.
I look forward to working with the member on further issues, including the issue she raises today.
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- Oct/17/23 12:26:07 p.m.
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Madam Speaker, we have seen these Liberals contract work outside of our government bureaucrats. They are the ones that spend money on consultants. That is greed. We have Conservative plans to ensure that the out-of-control spending is within the budget. They do not know how to balance a budget. Conservatives do.
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- Oct/17/23 12:39:03 p.m.
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Madam Speaker, while the member was asking his question, I was looking for the Liberals' plan to balance the budget or how many times they have done so. I obviously could not find anything, and I will remind the member that it was the Prime Minister who thought budgets would balance themselves.
The Liberals were left with a surplus when they formed government in 2015, and they withered that away. It was the Liberal-NDP government that said it would not run deficits of more than $10 billion. Now we are sitting at half a trillion dollars in deficit, which drove up interest rates, and now we are in this looming crisis.
The government needs to get its deficit under control so that Canadians do not lose their homes.
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- Oct/17/23 1:07:33 p.m.
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Madam Speaker, in today's debate on a plan to balance the budget, I keep hearing the government, its representatives and its members say that they are investing in Canadians, that they will always be there for Canadians and that they are here for them.
Under the current circumstances, I wonder if someone can explain to me why the government is not investing in a robust EI program when there are workers who are struggling. That is a federal program. It is a federal jurisdiction. It could take action. I also do not understand why the government is so reluctant to significantly increase old age security for seniors starting at age 65. That is also a federal program.
Are you willing to invest in this area and make a significant contribution, Madam Speaker—
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- Oct/17/23 1:18:56 p.m.
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Madam Speaker, what I do remember is having a balanced budget under the Conservative government before the Liberals took office. I remember that very clearly.
My hon. colleague talked about spending during COVID. We did not sign up for the $54 million of wasteful spending on the ArriveCAN app. We also did not sign up for the $200 billion that they have spent that was not related to the pandemic during the COVID pandemic. Although my hon. colleague talked about that, I have a very clear memory and I know what it takes to get back to a balanced budget.
Right now, under the NDP-Liberal government, Canadians are struggling to put food on the table. We will fix that once we are in government.
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- Oct/17/23 2:35:28 p.m.
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Mr. Speaker, do members remember the middle class and those working hard to join it? Do they remember that the Liberals would take on more debt so Canadians did not have to? Do they remember that the budget would be balanced in six years? Those were the promises, and after eight years there is no talk of the middle class anymore because it is underwater from Liberal-NDP spending sprees. Now the budget will be balanced in the year never.
Has the finance minister completely lost control of the books, or is there a new promise this week about when she will actually stop the inflationary spending so that Canadians do not lose their houses?
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- Oct/17/23 2:36:51 p.m.
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Mr. Speaker, it is not working. It has been eight years, and the only thing Canadians know after eight years is that the Liberals are not worth the cost. Canadians are struggling, and the Liberals are continuing their ballooning deficits that drive up inflation. Even the Liberals are saying that deficits increase interest rates.
Will the finance minister finally confirm for Canadians that she will balance the budget in a specific year so that interest rates can come down and Canadians can keep their homes?
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- Oct/17/23 2:38:12 p.m.
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Mr. Speaker, after eight years of the NDP-Liberal government, the federal deficit is projected to exceed $46 billion this year according to the independent budget officer. This spending is driving up interest rates and mortgage costs to the point where people are worried they will not be able to afford to keep a roof over their head.
We know the Prime Minister is not worth the cost, so when will he finally stop his inflationary spending and reduce the deficit so that Canadians can afford to keep their homes?
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- Oct/17/23 2:51:55 p.m.
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Mr. Speaker, after years years of irresponsible Liberal governance, inflation rates are rising, and so are mortgage rates.
However, let us remember that almost a year ago today, the Minister of Finance very proudly said that her government would balance the budget in 2028.
Six months ago, when the budget was tabled, that promise was scrapped. It was just not kept. Just last week, the Parliamentary Budget Officer determined that the next deficit will be 16% higher than expected.
Are the Liberals aware that their completely irresponsible management is hurting all Canadians?
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- Oct/17/23 3:00:36 p.m.
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Mr. Speaker, the Liberal minister is talking about search and rescue when Canadians cannot put food on their tables.
Melody Horton of Bridgewater had to sell her dream home because of the increase in her mortgage costs. She does not agree with these Liberals that they have never had it so good. The new projected deficit of $46 billion for this year means higher costs and higher monthly payments for Melody and for all Canadians, including that Liberal minister's constituents.
The Prime Minister is not worth the cost. When will the Prime Minister stop harming Canadians with his inflationary deficits and balance a budget to lower costs on Canadians?
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- Oct/17/23 4:00:48 p.m.
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Mr. Speaker, I think that there are some things on which we can agree. First, public spending is needed in times of crisis, that is obvious. Even when we are not in a crisis, public spending is needed, which can sometimes create deficits. Of course, balancing the books must not be synonymous with brutal austerity, like in the disastrous days of triumphant neo-liberalism.
At the end of the day, what this motion calls for, despite the Conservatives' usual overblown rhetoric, is the introduction of a plan. To govern is to anticipate, as they say. The government will table a plan. When this plan is before us, we will debate it to see whether it is a good plan to get back to a balanced budget.
What is wrong with that?
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- Oct/17/23 4:17:15 p.m.
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Mr. Speaker, I thank my colleague for his good questions and good work.
One day, before I retire, I hope to answer completely in French.
We agree that we need to balance the budget. If the member is asking us why we are blaming the Liberal government, it is because of eight years of failure. After eight years, it has driven the car in the ditch. I do not know who else to blame.
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- Oct/17/23 4:34:15 p.m.
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Mr. Speaker, I am going to repeat a question I asked my Conservative colleague earlier, because I may not have worded my question correctly. The fact is, we are not at all opposed to the idea put forward today by the Conservatives, which is to ask the government to offer some predictability, act responsibly and introduce a plan for returning to a balanced budget.
However, the Conservatives want to give the government about eight days to do this. They are demanding that it be done by October 25, when we know that this government is not necessarily the quickest at getting things done.
Does my colleague think that we could perhaps give it a little more time, for example, until the next fall budget update? Are the Conservatives really insisting on this October 25 deadline as a way to once again play political games and blame the government for what it has not yet done?
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- Oct/17/23 5:39:17 p.m.
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Madam Speaker, I appreciate my colleague, but I know that during the Harper years, the Conservatives brought in a system of tax havens that now cost us $30 billion a year, according to the Office of the Parliamentary Budget Officer.
My question is simple. How can we believe the Conservatives when their approach of imposing fiscal discipline was such a dismal failure in the past?
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