Minister, you said we have the lowest debt-to-GDP ratio, but it's disingenuous when the nominal states otherwise: $80,000 per U.S. citizen and only $50,000 here in Canada. I think it's very disingenuous to say that.
I'll lay out the facts.
For the $15 billion that you promised you would find by October 2 but didn't even make any announcement or report on doing so, only a paltry $500 million this year...which, by the way, is only 2.03% of the additional $24.6 billion of new spending in the 2023 budget. The $500 million of savings is only 2.31% of the record-high proposed authorities for professional and special services, which sits at $21.6 billion. The $15.4 billion in cuts over the next five years is only 11.69% of the deficits from this fiscal year throughout the next five years, Minister.
With that, I'm going to pass it to my colleague Larry Brock.