House of Commons Hansard #37 of the 45th Parliament, 1st session. (The original version is on Parliament's site.) The word of the day was economy.
This summary is computer-generated. Usually it’s accurate, but every now and then it’ll contain inaccuracies or total fabrications.
Opposition Motion—Cost of Deficits Members debate the Liberal government's economic policies, focusing on deficit spending's impact on investment, jobs, and the cost of living. Conservatives contend deficits drive down investment, citing 86,000 net job losses and "unsustainable" finances, urging spending cuts. Liberals assert Canada has the lowest net debt-to-GDP ratio in the G7, attributing inflation to global factors, and defending investments and tax cuts. The Bloc Québécois agrees with "abysmal" management, criticizing forgone revenues and oil subsidies. The NDP proposes an excess profits tax. 33100 words, 4 hours.
Opposition Motion Members debate Canada's economic state. Conservatives argue Liberal government spending fuels inflation, job losses, and declining investment, worsening the cost of living crisis. They advocate for fiscal discipline and private investment. Liberals defend their record, citing Canada's strong G7 standing, and highlight initiatives like tax cuts, housing programs, and a plan to "spend less to invest more" in the upcoming budget. They attribute inflation to global factors. 25200 words, 3 hours.
EmploymentAdjournment Proceedings
The Assistant Deputy Speaker John Nater
The motion to adjourn the House is now deemed to have been adopted. Accordingly, the House stands adjourned until tomorrow at 10 a.m., pursuant to Standing Order 24(1).
(The House adjourned at 6:45 p.m.)