Mr. Speaker, in the early 2000s, the Conservative government paid off $40 billion of debt because we foresaw the difficult times that were ahead in the global economy.
By contrast, while the sun is shining in the global economy, the Liberal government is piling up record debt. Now Citigroup has produced a report saying that Canada us “flashing red warning lights” with respect to government debt. We go into this storm ahead more exposed now than ever before.
When will the budget be balanced?