Mr. Speaker, when Jim Flaherty became finance minister, he made the responsible decision to pay off $30 billion in debt, which prepared Canada for the great global recession, the greatest financial crisis in world history since the Depression. That is why we were the last to go in and the first to come out of that crisis. By contrast, the current Liberal government has a booming world and U.S. economy, with record low interest rates, multiple factors with which it had nothing whatsoever to do, and it has squandered all of it. When will the budget be balanced?
In the House of Commons on November 19th, 2018. See this statement in context.