Marty Morantz at the Government Operations and Estimates Committee

On December 3rd, 2024. See this statement in context.

December 3rd, 2024 / 12:10 p.m.

Conservative

Marty Morantz Conservative Charleswood—St. James—Assiniboia—Headingley, MB

—even though we can't officially call it a recession.

In your report, you estimated that the deficit will actually be just under $47 billion, roughly $7 billion higher than the Minister of Finance declared in the budget. We also have, at least, an additional $6 billion in new expenditures from the GST holiday and the $250 cheques. The Minister of Finance promised a fiscal anchor that supposed a declining debt-to-GDP ratio. Will she be able to keep that promise?

See context to find out what was said next.