Mr. Speaker, inflation is on the rise as a result of this Prime Minister's inflationary spending. In fact, the four measures of inflation are higher than the Bank of Canada target, and this election-minded, inflationary spending is making it harder for the Bank of Canada to reduce interest rates for Canadians who are struggling to put food on the table and a roof over their heads.
I will repeat my question. The Prime Minister promised to cap the inflationary deficit at $40 billion. Will he do that?