Mr. Chair, it went up from 42% to 43%, which is odd because, in this very House, the Minister of Finance said, “On this point, let me be very clear. We are absolutely determined that our debt-to-GDP ratio must continue to decline and our deficits must continue to be reduced. The pandemic debt we incurred to keep Canadians safe must be paid down. This is our fiscal anchor. This is a line we will not cross.”
Why did they cross the line?