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Decentralized Democracy

House Hansard - 303

44th Parl. 1st Sess.
April 19, 2024 10:00AM
  • Apr/19/24 11:19:08 a.m.
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Madam Speaker, we have the lowest debt and deficit in the G7, a AAA credit rating and a budget that presents a message of fairness for this country, for current and future generations. It is a vision the Conservatives would cut. Before even reading the budget, they already said they would not support it. It is a budget that supports child care and pharmacare and the understanding that Canadians have to have dental care in this country. Canadians who cannot otherwise afford it will have the support of the government. More homes will be built. These things are vital in this country, and the Conservatives are standing against every single one of them.
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  • Apr/19/24 11:19:46 a.m.
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Madam Speaker, the problem is that nobody believes the Liberals anymore, and the budget is the opposite of fair. It is unfair to saddle our kids with billions of dollars of debt that they will be paying for years. It is unfair to force the inflationary spending on to the grocery bills of every single family. It is unfair to keep interest rates high, while millions struggle to pay their mortgages. The number of Canadians who cannot afford to pay their bills has more than doubled over the last month. Will the Liberals finally fix the budget so Canadians can keep their homes, put gas in their cars and put food on their tables?
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  • Apr/19/24 11:28:17 a.m.
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Madam Speaker, the Liberals are so out of touch. Just as New Democrats have delivered social programs to help Canadians, the Conservatives are already campaigning to cut dental care and pharmacare. It is absolutely shameful. People are drowning in debt just to keep up while corporations are swimming in record profits. Neither Liberals nor Conservatives have the courage to challenge the status quo, because it benefits them and their insider crony friends. New Democrats want to tackle corporate greed. Why will the Liberal government not do so?
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  • Apr/19/24 11:34:45 a.m.
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Madam Speaker, the finance minister used a metric of 40% debt to GDP just last year as an anchor, which she has now cut loose. With $40 billion more debt last year, $40 billion more debt projected for this fiscal year and a $40-billion debt projected for the following fiscal year. I sense a pattern. After nine years of the Liberal-NDP government, Canadians are being asked to hold the line at 40-something, but there is no real plan for that. Will the Prime Minister tell Canadians under 40 how much of their future he has blown?
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  • Apr/19/24 11:35:19 a.m.
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Madam Speaker, the member opposite is a graduate of the Ivey school of business in my riding. He know economics, so he knows, of course, that Canada has the lowest debt-to-GDP ratio in the G7 and that the debt-to-GDP ratio is set to continue to come down. What he is really saying by raising these issues is that they do not stand in favour of a vision of fairness for this country, one of child care, pharmacare, dental care and building more homes. The national school food program that my colleague mentioned before is also vital to that vision. They stand against all of it.
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  • Apr/19/24 11:36:02 a.m.
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Madam Speaker, it appears that member did not get the memo about what is causing inflation in Canada. It is actually deficits. The Bank of Canada governor said so. The interest cost to service Canada's growing debt has risen to over $54 billion, doubling in the last few years. It is now more than what we spend on health care. This is a cascade of debt obligations and there is no plan to reverse it. The NDP-Liberal government is not worth the cost. Will the Prime Minister advise why he is continuing on a fiscal course that will saddle young Canadians with sky-high debt for years?
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  • Apr/19/24 11:40:46 a.m.
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Madam Speaker, after nine years of the NDP-Liberal government, it spends more servicing the national debt than on health care. After nine years of the NDP-Liberal government, Canadian soldiers eat at food banks and veterans are living in their cars. After nine years of the NDP-Liberal government, seniors cannot afford to eat and they cannot afford to heat. After nine years, despite deficit after deficit and record debt, the problems are getting worse. Canadians know the Prime Minister is not worth the cost. When will the NDP-Liberal government admit it has a spending problem, not a revenue problem?
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