Mr. Speaker, one year ago, the Minister of Finance admitted that deficits add fuel to the fire of inflation.
She promised four things. She promised that the debt-to-GDP ratio would decline, but it is going up. She promised that the deficits would be reduced, but they are going up. She promised that the debts incurred due to COVID-19 would be paid down, but they are going up. She promised that the budget would be balanced in 2027, but now she is promising that it will never balance itself.
How can Canadians believe anything this minister and the Prime Minister say about money?