Mr. Speaker, this budget is all about the magical $1 trillion investment boom, as if private investors are lining up to pour hundreds of billions of dollars into Canada, but so far, the Prime Minister has circled the globe four times, literally, with basically almost nothing to show for it because businesses do not invest where the numbers do not add up and, right now, the numbers do not add up.
Fitch Ratings, one of the world's major financial watchdogs, just warned that in this budget, Canada's finances are heading in the wrong direction. It stated straight up in its report that the government has a pattern of promising one number and then spending way more every time. Even more shocking is that the report says that, when it comes to the rules, they mean absolutely nothing because the Liberals do not follow them anyway. Just last year, they broke all three targets they set for budget 2024. An investor has the entire globe to choose from. They are not going to choose the one country that spins a great story but never keeps its promises.
