Mr. Speaker, inflation is again on the rise, with three of the Bank of Canada's four measures now above target. The finance minister admitted about a year ago that deficits cause inflation. She made this commitment in her budget, “the 2023-24 deficit at or below $40.1 billion”. Since then, the Parliamentary Budget Officer said that number has been blown away.
Will the Prime Minister tell us, here and now, how much last year's deficit was?