Fall Economic Statement Implementation Act, 2023  Canadians have found that to be an interesting statement, considering her boss believes the budget will balance itself. However, since she made that statement, she has announced another $100 billion of additional debt. This year, the Prime Minister will spend more taxpayer dollars servicing the debt than he will funding our health care.

Business of Supply  We will remember that the Prime Minister said he could double the debt, but not to worry, because the budget would balance itself. He said that interest rates were low, so not only were deficits permanently affordable, but also we could not afford not to spend. Here we are, with the devastating human consequences not so long after that because, as Pythagoras says, numbers rule the universe.

Housing  He promised them low interest rates for a long time. He said that debt was without consequence and that the budget would balance itself. None of those things came true, and interest rates are now 19 times higher than they were a year ago. The Governor of the Bank of Canada, the former Liberal finance minister and countless other experts agree that the Prime Minister's deficits are ballooning inflation and, therefore, interest rates.

Finance committee  It makes one wonder what the next forecast will look like. This is the same government that told us that the budget will balance itself. I guess that type of economic dreaming—I'll put it charitably—has not changed. It is unfortunate that we can't get a reliable forecast going forward, as Canadian business depends on that.

Finance committee  Instead, we get more of the same: tax and spend, tax and spend, tax and spend. We know that, with the government, from the very first promise that the budget would balance itself.... As Prime Minister Harper said, there would be these itsy-bitsy, teeny-weeny little deficits. Guess what. Prime Minister Harper was right. Those deficits became perennial deficits, and you see that.

Budget Implementation Act, 2023, No. 1  They had this solemn promise to run modest deficits for a very short period of time in order to fund unprecedented infrastructure construction that would lead to economic growth that would allow the budget to balance itself. Every part of that critical, election-winning promise turned out to be untrue. They did not run a modest $10-billion deficit. They did not build unprecedented new infrastructure.

Budget Implementation Act, 2023, No. 1  The former chief economic analyst of Statistics Canada says that, by failing to control spending, the government’s budget is working against the Bank of Canada’s policy to reduce inflation. The Prime Minister believed that the budget would balance itself, claimed he was not interested in monetary policy and took on debt so people would not have to. He is now advising, with a serious face, that Canadians should be fine with using their credit cards to pay for tuition and home renovations.

The Budget  If one thinks this cures the affordability crisis facing Canadians, one may also think the budget can balance itself. That is 62¢ a day. I know the Prime Minister does not do his own grocery shopping, so he may not be aware of how much groceries went up because of the carbon tax, but 62¢ is less than the increase in a loaf of bread.

Business of Supply  The Prime Minister should listen to experts like the PBO, but what can we expect from a guy who said that the budget will balance itself? The failure of carbon pricing in Canada is in stark contrast to the success Americans have had in reducing their emissions. They did not bend to climate activists, but instead used technology and did things like converting coal plants to natural gas.

Fall Economic Statement Implementation Act, 2022  We also saw no intention to balance that same budget. The Prime Minister said the budget would balance itself. It has not. The Prime Minister has doubled all debt and has added more debt to Canada's financial rolls than all other prime ministers combined. I have young children, which is obviously no secret, and I wonder about the care for future generations.

Fall Economic Statement Implementation Act, 2022  Unlike this costly coalition that thinks it can keep spending and spending and that the budget will balance itself, Canadians already understand that they have to have a budget. The one in five Canadians skipping meals to help make ends meet certainly do not need advice about cancelling a Disney+ subscription from the out-of-touch finance minister and her government.

Business of Supply  To be fair, to any normal responsible government, this additional tax revenue would be a windfall and help to allow a budget to balance itself, as the Prime Minister likes to say, but I understand the government has a severe spending problem. Even this doubling in revenue is not nearly enough for them. They have, in fact, caused inflation.

Business of Supply  The Prime Minister should listen to experts like the PBO, but what can we expect from a guy who said the budget would balance itself? He said there was no economic case for shipping natural gas from Newfoundland and Labrador to Europe, because of the distance. We are just 4,000 km from Europe. However, the U.S., with its LNG plants in Texas, more than twice the distance from Europe, exports a billion dollars’ worth of liquefied natural gas per day.

Budget Implementation Act, 2022, No. 1  This is the same Prime Minister who promised he would never do an omnibus budget bill, although it is reflective of his understanding of and statements on financial issues: He believes the budget will balance itself and that monetary policy is not a priority. When looking at the overall picture of the Liberal government’s spending, the numbers are concerning to say the very least. In just over six years, government spending has increased by 53%, yet Canadians are worse off than they were when the Liberals first sought power in 2015.

Economic and Fiscal Update Implementation Act, 2021  When we think about finances, and I recognize that no government is perfect, the Prime Minister previously said things such as “the budget would balance itself” and that the budget would be balanced by 2019. I believe that was to be set in stone. During our most recent federal election he said that a reporter, or Canadians generally, ought to forgive him if he did not “think about monetary policy”.