Mr. Speaker, I believe my time is going to be limited today, but I am pleased to rise today to speak to the budget implementation act.
Typically, when we are debating budget implementation bills, we are actually debating a true fiscal plan, a plan that sets out the proposed spending of the government to help the Canadian economy.
Through its budget and its implementation bill, it is clear to many Canadians that the government has no true coherent plan for the economy. The so-called budget that was announced by the government earlier this year was full of empty promises and very short on substance. The only true substantive part of the bill is the implementation of the Liberal carbon tax, which will raise the price of gas by 11¢ per litre for Canadian consumers.
I represent a rural riding in central southwestern Ontario. Driving to work, to the grocery store, and to the hockey rink is the only option. It is very similar to your riding, Mr. Speaker, so you know what I am talking about. Residents in Bruce—Grey—Owen Sound do not want any form of carbon tax, whether it is from Kathleen Wynne or from this government.
Another concern that has been expressed by a number of constituents in Bruce—Grey—Owen Sound is the complete lack of new initiatives for agriculture and Canadian farmers. It is shameful that the government in its last budget implementation bill was able to find $480 million for the Asian Infrastructure Investment Bank to fund projects outside the country, while Canadian farmers were left behind. People in my riding, including myself, still shake our heads over that. It is not fair, and it is wrong.
The truly disappointing, though not surprising, that part of the government's most recent budget is the continued commitment to further debt and deficits. As a fiscal conservative, it is infuriating to see the government come out year after year, since 2015, and present us with budgets that commit to deficits.
In the election, the Prime Minister promised modest deficits of $10 billion per year for two years, with a pledge that we would return to balanced budgets by 2019. Last year, the deficit was $19.4 billion. This year, the government is projecting a deficit of $18.1 billion. There is absolutely no plan in place for Canada to return to balanced budgets. In fact, the Department of Finance has projected that we will not be able to balance the books until the year 2045.
I have four grandchildren, but my oldest one just turned 13 less than a month ago. Because of the government's economic mismanagement, she will be 40 years old by the time Canada is able to return to balanced budgets. I cannot run my household or business like that. Neither can anyone else. However, it seems the government can.
I look forward to finishing my speech whenever that time comes up.