Mr. Speaker, the biggest reason we have had to deal with deficits is that we have taken over from Liberal governments that have spent the cupboards absolutely bare. We come back in when the economy has changed and business investment has left the country because of the tax situations that Liberal governments have created. We come in as Conservative governments and have to put the books back in order, and so we have to take on debt load to try to bring business investment back to Canada to turn around the negative situation the Liberal governments continually put Canada in.
In the House of Commons on November 27th, 2018. See this statement in context.