Mr. Speaker, experts are using words like “flim-flam” and “skulduggery” to describe last week's economic statement.
By using total government net debt as their primary measurement, the Conservatives lump all governments together, federal, provincial, municipal, to obscure $481 billion in accumulated federal deficits, and they are counting the assets of the CPP as if they could be liquidated to pay down those deficits.
Will the minister confirm that federal debt, a generation from now, will still total $436 billion?