Mr. Speaker, the Prime Minister broke every promise he made. He promised to keep the deficit at $62 billion, a level the Parliamentary Budget Officer had already called “unsustainable”, yet it will now balloon to nearly $80 billion. He said he would lower the debt-to-GDP ratio, but both debt and inflation are rising. He promised to spend less, but added $90 billion more. That is $5,400 in extra inflationary spending per household.
Families in London are paying the price. Groceries, gas, rent and mortgages keep climbing while paycheques fall further behind. Canadians already spend more on debt interest than on health care. The budget at this time is simply irresponsible.
Conservatives stand for an affordable budget for an affordable life. Londoners deserve hope, homes and a future they can afford.
