Mr. Speaker, that was not the only bad news for Canadian taxpayers, present and future: we also learned today that Canadians will spend vastly more on federal government debt interest. By 2022, the cost of servicing our national debt will rise by two-thirds, to almost $40 billion. That is as much as we spend, as a government of Canada, on health care.
How is it in the interests of Canadian taxpayers to fork over more to wealthy bondholders instead of funding our treasured social programs?