Blake Richards on Budget Implementation Act, 2021, No. 1

In the House of Commons on May 25th, 2021. See this statement in context.

Budget Implementation Act, 2021, No. 1Government Orders

May 25th, 2021 / 1:55 p.m.

Conservative

Blake Richards Conservative Banff—Airdrie, AB

Madam Speaker, as I mentioned in my speech, even if interest rates were not to rise, by 2025, we would be looking at about a $40-billion per year cost to the taxpayer just to cover the interest on all this new debt. Imagine what would happen if those interest rates—

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