Mr. Speaker, the“ Fiscal Monitor” confirms the fact that the Liberals inherited a surplus from the Conservative government. It also confirms, though sadly, that just one short month, at the very end of the year, they were able to turn that surplus into a deficit.
While they preach the gospel of deficit spending, they stand alone because their G7 partners are still stuck on this whole balanced budget thing.
Did the minister engineer this deficit? Is he just proving to Canadians that he can spend it as quickly as we left it for him?