Mr. Speaker, the Minister of Finance has waited until the day before the House wraps up for the holidays to table her economic update. That is not very courageous. Bad news is coming.
According to The Globe and Mail, the Prime Minister wants to drastically increase spending, and his finance minister cannot get him to listen to reason. The Parliamentary Budget Officer has already said that the deficit will be a lot higher than the $40 billion that was announced.
How much will the deficit be?