Philip Lawrence at the Government Operations and Estimates Committee

On June 17th, 2024. See this statement in context.

June 17th, 2024 / 11:05 a.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

Thank you very much.

Thank you, Mr. Giroux, for coming and for your brief statement. We appreciate it.

I'm going to talk a bit about debt and the continued spending of this government.

Of course, two years ago, the finance minister and deputy leader promised that the debt-to-GDP ratio would never go up. They appear to have shoehorned stuff in to keep the debt-to-GDP ratio within their projections. There are a number of projections that I think are a little optimistic, including getting an additional $7 billion from the increase in capital gains.

I was wondering if I could get your comments on that, Mr. Giroux.

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