Madam Speaker, Canada has dropped its interest rate. The Bank of Canada has dropped it three times in a row now, and Canada has led the world because Canada's economy is leading the world in going down. Of course, we are entering an absolute recession, and not just a GDP-per-capita recession. The recession is on the horizon. I hope it does not happen. Nevertheless, something is on the horizon here: an economy that has stalled and has been stalled for a long time. We can take a look at the 1.2% growth, which is not the type of growth this country should be going through.
Here is the issue. Canadian government debt now is 107% of GDP, which the parliamentary secretary will refute because she is monkeying around with the numbers. In addition, Canadian debt per capita, household debt, is 132% per capita. We have a debt problem in Canada. It is going to land on the backs of Canadians one way or another. Will the government please address this and stop loading more debt onto the backs of Canadians?