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Decentralized Democracy

House Hansard - 304

44th Parl. 1st Sess.
April 29, 2024 11:00AM
Context: House Hansard - 304 - Apr/29/24
Mr. Don Davies (Vancouver Kingsway, NDP)
  • Apr/29/24 1:50:44 p.m.
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Mr. Speaker, it is said in the financial world that the best predictor of future performance is past behaviour. I was first elected in 2008, when there was a Stephen Harper government. I was in the House when the Conservatives ran seven consecutive deficits. When I entered the House, the debt of Canada was $467 billion. It was $628 billion in 2015, when Mr. Harper left office. We will not be taking any lessons or lectures from the Conservative Party on deficits or debt, since the record speaks for itself. The capital gains provision in this budget would apply to 0.13% of people, with an average income of $1.4 million per year. Could my hon. colleague tell us what the Conservative position is on capital gains? She has talked about transparency. Will the Conservatives keep that or endorse that policy, or do they oppose it, yes or no?
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Context: House Hansard - 304 - Apr/29/24
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Apr/29/24 2:20:13 p.m.
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Mr. Speaker, after nine years, this Prime Minister is not worth the cost to Quebeckers, who are paying twice as much for rent, housing and the national debt. This Prime Minister is spending more on interest on the debt, $54.1 billion, than on health care. Even worse than that, the Bloc Québécois voted for each and every one of this Prime Minister's $500-billion budget allocations. Once again, when will this Prime Minister and the Bloc Québécois stop impoverishing Quebeckers?
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Context: House Hansard - 304 - Apr/29/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Apr/29/24 2:20:55 p.m.
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Mr. Speaker, the reality is that what we just heard is not true. The reality is that Canada has a AAA credit rating. Canada has the lowest debt and the lowest deficit in the G7. The Conservatives oppose our plan because all they support is austerity and their rich friends.
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Context: House Hansard - 304 - Apr/29/24
Mr. Pat Kelly
  • Apr/29/24 6:02:42 p.m.
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Madam Speaker, as I said, we all know who is going to end up having to pay for the ongoing debt, the ongoing borrowing, which is starting to choke out the rest of the budget. We can see how interest payments are now choking out other expenditures. It is going to be the young, it is going to be seniors, it is going to be workers and it is going to be small businesses that end up paying the price for the government.
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