SoVote

Decentralized Democracy

Jean-Denis Garon

  • Member of Parliament
  • Member of Parliament
  • Bloc Québécois
  • Mirabel
  • Quebec
  • Voting Attendance: 65%
  • Expenses Last Quarter: $114,073.56

  • Government Page
  • Mar/29/23 5:34:52 p.m.
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Madam Speaker, when we look at the debt and the deficit, we have to look at it in proportion to the ability to pay. Any banker who is asked for a $2,000 or $3,000 loan does not treat someone with an annual income of $10,000 the same as someone with an income of $50,000 or $100,000. The same applies to people with assets and people with no assets. The first thing to look at is the debt-to-GDP ratio. The Conservatives go from dollars, which they call nominal, when it suits them, to the ratio when that suits them. A little consistency would be nice. Beyond that, public finances have to be looked at as a whole. It is important to be concerned about both the deficit and the federal debt, but if the provinces are going broke in the meantime and they have to borrow money, or choose between borrowing money and caring for their residents, that has to be taken into account.
170 words
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