Madam Speaker, in 2015 Canadians had their voices heard, but in 2015 Canadians also heard significant promises by the current government that the deficit would be $10 billion maximum and that there would be a balanced budget by 2019. Now the Liberals go on and say they are just investing in the economy and that it is making our economy stronger, but the record is clear.
Budget 2016 promised that spending would raise the GDP by 0.5% in 2016 and by 1% in 2017 and 2018. However, the Parliamentary Budget Officer has estimated the infrastructure spending only contributed a tiny 0.1% to the GDP growth in both years, or not even 10% of what was promised. How can the Liberals continue to go down this path of spending more money, increasing our deficits and increasing our debt payments $15 billion more over a four-year period? That is $15 billion more in payments just for interest.
How can the government continue to support investments like that, requiring more interest payments by this generation and, more importantly, downloading them onto our children and grandchildren?