Mr. Speaker, Canadians will soon be presented with a new budget, and for the fourth consecutive year, the government will be running a substantial deficit.
Since coming to office in 2015, the government has added almost $60 billion to the debt. The debt now stands at two-thirds of a trillion dollars. Our annual interest payments are $26 billion annually, and that exceeds all of our military spending. Worse yet, these interest payments do not reduce the overall debt and continue to increase our debt each year. Huge new spending, additional taxes and larger deficits, none of this was promised in the last election.
The current government will be seeking a new mandate soon, and I urge all Canadians to think about those broken promises and elect a strong Conservative government.