Correct.
Evidence of meeting #36 for Government Operations and Estimates in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was banking.
Evidence of meeting #36 for Government Operations and Estimates in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was banking.
Past President, Senior Citizens and Pensioners of Nova Scotia
Because the numbers show it.
Liberal
Yasmin Ratansi Liberal Don Valley East, ON
I'm looking at the numbers, and you see the profit and loss statement, and there are the assets and liabilities. They are projecting that with their liabilities, they will not be able to sustain themselves. They say in 2026 they may—they may—go into a $700 million debt.
Past President, Senior Citizens and Pensioners of Nova Scotia
I have great difficulty with somebody making all kinds of projections, and I'm not the only one. The difficulty is that other people will look at the same numbers, the same information, and come out with obvious questions that lead it in a different direction, and that's what I was saying earlier. If I'm in charge, then I want it my way. If you're in charge, you want it your way. I always my leave my wife in charge so I don't have an argument.
That said, whoever brings something in, somebody else should have a very good head. That's why we have the loyal opposition in government doing that due diligence.
Conservative
The Chair Conservative Tom Lukiwski
Thank you very much.
Ladies and gentlemen, thank you so much for your attendance here today. Your perspectives and your observations have been invaluable to this committee. I would suggest that if you have any additional information that you wish to bring to the attention of our committee, you direct it to our clerk, and we'll ensure that it gets distributed to all of our committee members.
Thank you again. I appreciate your attendance.
The meeting is adjourned.