Debates of Nov. 6th, 2025

The Budget

[Melissa Lantsman, Conservative, Thornhill, ON]

Mr. Speaker, six months ago, the Prime Minister promised Canadians that he would get the deficit under control, that he would lower our debt and lower inflation. Instead, he has blown an $80-billion hole in the budget. The debt is climbing, inflation is climbing, and he has added $90 billion in new spending. That is over $5,000 for every family. Every dollar that the Prime Minister spends costs Canadians in higher taxes, higher inflation and more expensive debt.

With this budget, Canadians are paying champagne prices for tap water results, so why is he asking them to pay more?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, I will refer to the previous comments of the hon. member for Winnipeg North. This budget is about building this great country, and what this budget shows is that with the trillion dollars of investment that we are going to catalyze, we are going to put more than $3,000 in the pocket of every Canadian by the end of this decade.

[Melissa Lantsman, Conservative, Thornhill, ON]

Mr. Speaker, the Liberals are not investing in the next generation. They are borrowing from it. The Prime Minister is on track to be the most expensive in Canada's history. The only ones cashing in on it are bankers.

Interest payments on the national debt will cost Canadians $55 billion this year. That is more than the government spends on health care and more than it collects in GST. Every dollar that Canadians pay in GST does not go to doctors, nurses or hospitals. It goes to bankers.

Why is the Prime Minister so determined to make sure that bankers get better care than patients?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, this budget preserves the health transfer to the provinces, over $29 billion. This budget puts $5 billion into health infrastructure. This budget has the lowest net debt-to-GDP in the G7. It has the lowest deficit projected, and the cost of interest borne is lower than when the Conservatives were in government.

The Economy

[Luc Berthold, Conservative, Mégantic—L’Érable—Lotbinière, QC]

Mr. Speaker, this costly Liberal budget will drive up the price of food, housing and everything else Canadians need. The Prime Minister says Canada is in a strong fiscal position. If that is so, why are families struggling to make ends meet? Why is home ownership virtually impossible for young people? Why are 2.2 million Canadians lining up at food banks every month?

This is not a strong position, it is a precarious one. The Liberal leader has chosen to make his friends richer with an $80‑billion deficit.

Why is the Prime Minister breaking his promise to spend less by adding fuel to the fire of inflation?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, 75% of the new measures in budget 2025 are for protecting Canada's sovereignty and for making life more affordable for Canadians. That is the first point.

The second point is that this is a budget that invests in Canada. It is a budget that builds confidence in Canada. It is a budget that is going to put more than $3,000 in Canadians' pockets.

[Luc Berthold, Conservative, Mégantic—L’Érable—Lotbinière, QC]

Mr. Speaker, it is a budget that will make this Liberal Prime Minister go down in history as the most costly head of state Canada has ever seen.

I would like to remind him of something important: Every dollar he spends comes directly out of the pocket of a Canadian who worked hard to earn it. He promised to spend less. His deficit is going to be nearly $80 billion. It is not for nothing that today's Journal de Montréal said, “The federal government is out of touch with real life”.

What parallel universe is the Prime Minister living in? Why can he not understand that increasing inflation with his spending will make life even harder for all Canadians?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, this is not the most costly budget, it is the most ambitious budget for Canada.

It is more ambitious when it comes to housing for Quebeckers and housing across the country. It is more ambitious for the ports, for clean energy and for the future of Canada. It is a budget for the future of Canada.

Ethics

[Jasraj Singh Hallan, Conservative, Calgary East, AB]

Mr. Speaker, the Prime Minister's $80-billion deficit will cost each Canadian household $5,400 while avoiding the tax pain he imposes on Canadians. This is coming from the guy who set up $30 billion in offshore tax havens for Brookfield when he was the chair. He continues to dodge questions on how much he personally has stashed away offshore while avoiding the taxes he imposes on Canadians.

Will the Prime Minister stand up today and tell Canadians how much money he has in offshore tax havens, just the number?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, this budget tightens tax fairness. This budget cuts taxes for 22 million Canadians. This budget cuts taxes on new homes for young Canadians starting out. This budget cuts the carbon tax. This budget grows this great country. The member should come with us and support it.

[Jasraj Singh Hallan, Conservative, Calgary East, AB]

Mr. Speaker, the Prime Minister is avoiding the question like he helped Brookfield avoid taxes. When he imposes higher taxes on Canadians, they have a right to know if the Prime Minister still has money in offshore tax havens. I will give him one more chance.

Will the Prime Minister stand up on his own two feet and tell Canadians exactly how much money he has stashed away in offshore tax havens, just the number?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, I am proud of my record in the private sector, but I am deeply honoured to serve Canadians, and we are serving Canadians by building this great country, by investing in homes, by investing in energy, by investing in ports and by investing in our future. We are going to grow this country like not seen before. There is a chance for everyone in this House to stand up and support it.

Seniors

[Yves-François Blanchet, Bloc, Beloeil—Chambly, QC]

Mr. Speaker, for a Quebecker, standing up increasingly means wanting Quebec to become independent.

We gave this government, which is in the midst of a recruitment campaign, a chance. We called on the government to eliminate the discrimination in the old age security benefit paid to people aged 65 to 75, who get 10% less than people aged 75 and over. All it had to do was agree that this is indeed a matter of basic justice.

Will the Prime Minister acknowledge that he refused outright to help retirees?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, this budget includes more than $80 billion in transfers for seniors across Canada. I repeat, $80 billion. Yes, the amount is higher for those who are older. That is justice.

Housing

[Yves-François Blanchet, Bloc, Beloeil—Chambly, QC]

Mr. Speaker, the Prime Minister did not read his notes, nor did he read his budget. I will give him a second chance.

Building houses is great. However, young families have to be able to afford them. We have asked the government to create a system that gives young families buying their first house privileged access to credit so that somebody can buy those starter homes. The government refused.

Will the Prime Minister confirm that he refused to give young families access to credit so they can buy their first home?

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, yes, there is help for young people buying their first home. That, too, is justice, and we are making big investments in housing. There is also the FHSA.

Health

[Yves-François Blanchet, Bloc, Beloeil—Chambly, QC]

Mr. Speaker, health is another priority for Quebeckers and Canadians. We have offered to work with the government on increasing health transfers to keep pace with higher health care system spending in Quebec and elsewhere in Canada. The government said that the taxpayers of Quebec and Canada would pay more and more income tax or else the governments of Quebec and Canada would have less and less money for other things.

Can the government confirm that it is refusing to increase health transfers to keep pace with health care system spending? That would take some backbone.

[Mark Carney, Liberal, Prime Minister]

Mr. Speaker, I have good news for Quebec. This budget includes $12 billion in health transfers and $5 billion for health infrastructure. There is $4 billion for Hydro-Québec. There is the port at Contrecœur, the second wharf in Saguenay and $500 million for culture, including Quebec cultural institutions.

Carbon Pricing

[Lianne Rood, Conservative, Middlesex—London, ON]

Mr. Speaker, the current government is the most expensive in Canadian history. The Prime Minister does not seem to understand that the more he spends, the more things cost for regular Canadians. Liberals had a chance to lower food costs by scrapping the industrial carbon tax, but they chose to increase food costs by increasing the industrial carbon tax. That drives up input costs of things like fertilizer and farm equipment.

Why is the Prime Minister increasing the industrial carbon tax and making food more expensive for Canadians?

[Stephanie McLean, Liberal, Secretary of State (Seniors)]

Mr. Speaker, if Conservatives vote against budget 2025, they vote against old age security, they vote against the guaranteed income supplement, they vote against the New Horizons for Seniors program, they vote against anti-fraud measures that will protect seniors from financial crime, they vote against a tax credit for personal support workers who care for seniors and they vote against the dental care that over two million seniors rely on.

Canadians want to know who the Conservatives are fighting for, because it certainly is not seniors.

[Lianne Rood, Conservative, Middlesex—London, ON]

Mr. Speaker, let me spell this out for the Liberals: no farms, no food. The food professor warns, “we're the only country within the G7 which has seen four consecutive months of [rising] food inflation”. The industrial carbon tax is driving up wholesale food prices, full stop.

The Liberals have introduced another of the most costly and largest deficit budgets in Canadian history. When Canadians are already struggling to put food on the table, why is the Prime Minister so intent on increasing the industrial carbon tax to make food more expensive?

[Heath MacDonald, Liberal, Minister of Agriculture and Agri-Food]

Mr. Speaker, I will quote Sylvain Charlebois.

He states, “Ottawa has quietly set the stage for some indirect relief—not through grocery subsidies or consumer-facing policies, but through infrastructure, trade, and administrative reforms that could make the food system work a little more efficiently.”

Our farmers have been asking for some of this stuff for a long time. Stand up and give it to them.

[The Speaker, Francis Scarpaleggia]

Again, comments go through the Chair, please.

[Blaine Calkins, Conservative, Ponoka—Didsbury, AB]

Mr. Speaker, the current government is the most expensive in Canadian history. Every dollar the Prime Minister spends comes out of the pockets of Canadians. The more the Liberals spend, the more things cost. Unfortunately, the Liberal Prime Minister did not learn anything from the mistakes of the last Liberal prime minister. The Liberals had a chance in their budget to lower food costs for Canadians by scrapping the industrial carbon tax, yet they chose to make food more expensive by increasing the industrial carbon tax, driving up the cost of fertilizer and farm equipment.

Why is the Prime Minister increasing the industrial carbon tax and making food more expensive for Canadians?

[Eleanor Olszewski, Liberal, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada]

Mr. Speaker, budget 2025 delivers a stronger Alberta economy by backing workers, industries and innovators. It supports jobs and Alberta's economic edge.

Edmonton Chamber of Commerce CEO Doug Griffiths said it is “a clear commitment to driving economic growth and job creation.”

Conservatives cannot stand up for Alberta if they will not listen to our business community.