Mr. Speaker, a few hours before Christmas, on December 23, the Department of Finance published a document that stated two very alarming things for Canada's future. If nothing changes, we are heading toward an accumulated debt of $1.5 trillion by 2050 and a return to balanced budgets in 2055. This does not make any sense. To fix the problem, the government has two choices: either it gets its spending under control, or it increases taxes.
Can the Minister of Finance assure us and tell Canadians that he is finally going to regain control over public finances?