Mr. Speaker, I thank my colleague for his speech, even though it was just a long series of slogans. It did not contain any facts, except for when he was bragging about the supposed measures that would help the middle class.
Let us get down to business. The fact of the matter is that the middle class has been deeply in debt for many years. Under this government, household debt has increased and reached 165% of income. This is a very significant indicator of the poor financial health of Canadian households.
However, the government keeps pushing for tax cuts, especially for corporations, which cost the treasury tens of billions of dollars. It dramatically increased the amount of dead money in companies' coffers, which did absolutely nothing to stimulate the Canadian economy. On the contrary, incomes are still stagnating.
How can I make my colleague understand that he is on the wrong track? How can I make him realize how bad the situation is for the majority of Canadian households?