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Decentralized Democracy

House Hansard - 297

44th Parl. 1st Sess.
April 10, 2024 02:00PM
Context: House Hansard - 297 - Apr/10/24
Mr. Branden Leslie (Portage—Lisgar, CPC)
  • Apr/10/24 2:12:28 p.m.
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Mr. Speaker, the Prime Minister has added more to the national debt than all previous prime ministers combined. The costly coalition's out-of-control spending has resulted in Canada spending $46 billion just to service its debt. That is more money than the federal government sends to the provinces for health care. The deficits are fuelling inflation and have driven up interest rates. It is not just Conservatives pointing this out. Both the Bank of Canada and former Liberal finance minister John Manley told the Prime Minister that he was pressing on the inflationary gas pedal. Now, a leading economist says interest rate cuts may be delayed because of high government spending. However, Conservatives have a plan to fix the budget. In next week's budget, the Liberals need to cap the spending with a dollar-for-dollar rule to bring down interest rates and inflation. They must find a dollar in savings for every new dollar in spending. It is just common sense. My three-month-old daughter Maeve and her generation should not be shackled to paying the bill for the costly coalition's reckless spending.
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