Mr. Speaker, it is not complicated. The fiscal anchor they set is the amount they will spend. That is the fiscal anchor in the budget.
We are going to have to get used to hearing the word “trillion” here in the House. It is not a word that comes up often. It means $1,000 billion. Our national debt will soon hit $1.4 trillion.
I want to share a quote. A certain person wrote that, with time, living beyond our means is unsustainable, even if the exact moment when higher interest rates crystallize is uncertain.
Does the Minister of Finance agree with the person who wrote that statement, the keynote speaker at the last Liberal convention, one Mark Carney?