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House Hansard - 295

44th Parl. 1st Sess.
April 8, 2024 11:00AM
Context: House Hansard - 295 - Apr/8/24
Mr. Tom Kmiec (Calgary Shepard, CPC)
  • Apr/8/24 2:13:12 p.m.
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Mr. Speaker, the Financial Post headline says it all. Scotiabank reports that the Bank of Canada rate cuts could be delayed due to high government spending. Under the Prime Minister, our national debt has more than doubled, more than all other prime ministers combined. The consequences are spiralling inflation and skyrocketing interest rates hitting every single Canadian family. Rents and mortgages have doubled. Food banks see record visits in the millions. Where is the Liberal government? It is MIA, missing in action. This year alone, Canada will spend $46.5 billion just to service the growing debt. That is more than we spend on health care annually in the entire country. After eight years of the NDP-Liberal government, common-sense Conservatives demand a dollar-for-dollar rule, for every new dollar spent, a dollar has to be found and saved. It is common sense. We need to stop the reckless overspending, stop inflation and stop punishing Canadian families. After all, this is how Canadian families balance their own budgets every single month, Enough is enough. My constituents know that the Prime Minister is just not worth the cost, and after the next carbon tax election, we will finally have a Conservative government.
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