Mr. Speaker, in 2006, the Harper government saw the need for an independent parliamentary fiscal watchdog, and boy was it right. In his budget brief last week, the PBO reminded the Prime Minister of the Liberals' own words just last November that reducing the federal debt-to-GDP ratio over the medium term is “key not only for fiscal sustainability, but also to preserve Canada's AAA credit rating”. Well, it is less than a year later and the alarm bells are ringing.
How many more times does the Prime Minister need to be reminded to rein in his spending of taxpayers' dollars?
