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Decentralized Democracy

House Hansard - 303

44th Parl. 1st Sess.
April 19, 2024 10:00AM
Context: House Hansard - 303 - Apr/19/24
Mr. Greg McLean (Calgary Centre, CPC)
  • 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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Context: House Hansard - 303 - Apr/19/24
Mr. Peter Fragiskatos (Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities, Lib.)
  • 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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