Mr. Speaker, many reports are setting off alarm bells about the state of the Canadian economy, but perhaps none is more shocking than the Fraser Institute's report out last week that showed that Canada's GDP per capita had dropped 3% in four years while the American GDP per capita had grown by 8%.
Canada's economy is now underperforming that of the U.S. by the widest margin since 1965, and has had the worst per capita income drop in the G7 in the last five years. These are the consequences of inflationary spending, taxes and deficits from the Liberal-NDP government.
Sadly, none of this is a surprise to the people of Flamborough—Glanbrook, because they are living it every day. What angers them even more is that it does not have to be this way in Canada. Generations have sought Canada for opportunity, hope and freedom, and yet the Prime Minister has destroyed that. He is definitely not worth the cost. Only common-sense Conservatives will fix the budget and axe the tax so Canadians can bring home powerful paycheques.