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Decentralized Democracy

House Hansard - 241

44th Parl. 1st Sess.
October 27, 2023 10:00AM
Context: House Hansard - 241 - Oct/27/23
Hon. Mike Lake (Edmonton—Wetaskiwin, CPC)
  • Oct/27/23 11:52:54 a.m.
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Mr. Speaker, the disastrous Trudeau economic legacy, 14 deficits in 15 years in the 1970s and 1980s, led to untold devastation for Canadian families and massive cuts to Canadian health care spending and critical federal programs for seniors and families. After eight more long years, the family legacy has now resulted in 20 consecutive deficit budgets under former prime minister Pierre Trudeau and his son. The family legacy is definitely not worth the cost. Some are now saying that we will spend more on interest payments this year than we do on the Canada health transfer. Is that true?
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Context: House Hansard - 241 - Oct/27/23
Hon. Mike Lake (Edmonton—Wetaskiwin, CPC)
  • Oct/27/23 11:54:16 a.m.
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Mr. Speaker, when each faced a global crisis, each government definitely took a distinctly different route. The Conservative government ran targeted, time-limited deficits and laid out a timeline to get back to balance by 2015, which it did. The Liberal Prime Minister, on the other hand, announced that the crisis was an opportunity to reimagine our economy and embarked on a wild-eyed experiment that has our country teetering on the edge of financial devastation. Will the government spend more this year on interest than it does on the Canada health transfer, yes or no?
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