Mr. Speaker, I noticed that the member completely avoided talking about the fiscal situation that Canada will be facing with the sky-high deficits and this incredible new debt that we are taking on, so I do not really have a question for the member.
I want to quote directly from the budget. We are looking at an $18.1-billion deficit, which is three times larger than what was promised two and a half years ago during the election. If the 2008 recession repeated itself, we would be looking at a $42.7-billion deficit. That's because the government has basically frittered away all of the controls on spending in order to meet the goals it has in mind, but none of those goals are about restructuring and ensuring the stability of Canada's finances for the future.
It is always nice to talk about how much money the Liberals are supposedly shovelling out the door to Canadians. What they are not saying is that they are borrowing that money. All of those young Canadians who are getting the child benefit today are going to be asked to pay it all back, plus interest, in the future. Page 359 of the budget also shows that if we add up all federal government debt, plus crown corporation debt where a lot of this debt is now hidden, they have over a trillion dollars in borrowing in 2019. That is debt that our kids and their kids and their kids will have to pay in the future.
As much as the member may believe this is good for the people of his riding, the people in British Columbia, let me give a quick example in relation to deficits: they will need two and a half Trans Mountain pipelines just to balance the budget, and right now they do not even have one.