Mr. Speaker, it is always an honour to rise on behalf of the good people of Stormont—Dundas—Glengarry to add my contributions and views based on what I am hearing in my community, the United Counties of Stormont, Dundas and Glengarry, as well as Cornwall and Akwesasne, and bring that to the floor of the House to make sure their voices are heard.
As we discuss this piece of budget implementation legislation, it is important to acknowledge some of the breaking news today. The unfortunate news that we had from Stats Canada confirmed that under the Prime Minister, just 15 months into office, Canada has entered into a recession. We have now had two quarters of negative economic growth. We can look at the last four quarters, as a matter of fact, and we have had three quarters of negative economic growth. That is showing that despite the speeches, the photo ops and the good intentions that are always mentioned by the Liberals, we are seeing that their plan is failing to resonate when it comes to economic growth and creating jobs. We have seen tens of thousands of jobs lost so far in 2026. Sadly and very frustratingly, we are now entering into a recession, as confirmed by the government's own Stats Canada agency.
Conservatives on this side of the House are going to keep advocating for a change in direction and for getting rid of the anti-development laws that are on the books, like Bill C-69, and some of the caps that have been put in that are prohibiting and inhibiting our natural resources from getting built. Let us remember that it was this Prime Minister who promised to move at unimaginable speeds to get things done. Here we are, seeing that it can take, in cases of getting a mine built, upwards of 25 years to get a mine permitted and built in this country.
At the same time, we are seeing the idea or possibility of a pipeline out to the west coast, but we do not know a proponent, a start date, a route or the details. We are years and years away, because the Prime Minister and the Liberal government continue to put those anti-development laws in place. They are trying to weasel through certain exceptions, different side deals and MOUs. At the end of the day, we are seeing, again confirmed, a shrinking economy, not a growing one, despite the vast natural resources we have in this country.
When it comes to a change in course, it is not just those anti-development laws; it is the change in our housing policies. Right across this country, we should be removing the GST on all new home builds and encouraging partnerships with every single province to take the HST off, which could provide significant savings, not just for first-time homebuyers but for all new home builds in this country. We need to invigorate and pump-start our housing economy.
Again, the rhetoric was that the Liberal government was going to double house building in this country, to about half a million homes per year, which is what its own stats say is needed just to keep up with affordability and demand in the coming years. We are only at half that. As opposed to seeing new housing starts accelerate, we are seeing them, in many cases and over many months, decelerate, not grow. Our Conservative plan will continue to be on the table. We will continue to pressure the government in that regard.
When it comes to the high price of gas, what we need to do is go further to provide inflationary and financial relief for Canadians. The Liberals are removing only one-third of the federal taxes for one-third of the year. What we are proposing is to remove all federal taxes, not just the federal excise tax but the seven-cents-a-litre fuel standard, which under the Liberals will be going from seven cents, currently, to 17¢ a litre in the coming years, and also to get rid of the GST that is charged on the price of gas. That could provide real relief of 25¢ a litre for the entire year, allowing Canadians to keep more money in their pockets to help with the rising cost of living. This is yet another contrast and another change the Liberals could make to combat the Liberal recession that we are now in.
Of course, it is about the out-of-control spending. I hear, repeatedly, in Stormont—Dundas—Glengarry and other parts of eastern Ontario, particularly Prescott and Russell, where we have a lot of correspondence from, the frustration and the opposition to the $90-billion boondoggle that is Alto high-speed rail. The Liberal government spends $20 billion each and every year on consultants, many of them Liberal insiders who get repeated sole-sourced contracts, at a time when our federal public service has ballooned to higher levels than we had just 10 years ago.
There is the $742-million gun grab, which is an absolute waste of law-abiding Canadians' resources and time. It is costing taxpayers money, and it is not going after the root cause of gun violence in this country, which is illegal and smuggled guns. Taking a law-abiding firearm owner's firearms away from them when they go up to the Cornwall Handgun Club, for example, is not going to tackle the crisis. The Minister of Public Safety has even admitted in leaked audio that their plan does not work, but there is $742 million that has gone down the drain in wasteful Liberal spending.
It continues with the PrescribeIT program, which was $300 million spent on a software program. That was done by Health Canada, and it was supposed to digitize records. After pumping hundreds of millions of dollars into the program, the Liberals decided that nobody wanted it and nobody used it. They had to shut it down, all while paying the CEO of that organization over $800,000 per year in an executive salary and bonuses. It is absolutely absurd, and it was a waste of taxpayers' money, once again.
If that is not enough, Conservatives are digging up more wasteful spending by the Liberal government. No wonder we have such a high deficit and debt in this country. The Liberals are spending $200 million over the next 10 years on a gravel pit and concrete pad in rural Nova Scotia for a rocket launch service. The company was nearly bankrupt and almost shut down. It then got an injection of $20 million with a backdated contract retroactive to last year. This infusion of $20 million saw its key investors suddenly cash out with millions of dollars, and we have a gravel pad with a concrete pad on top of it that is costing $20 million per year. The lease of that land, just for the record, was about $15,000 per year. Where is the other $19.99 million a year going? Canadians have a right to know.
When we talk about waste and about ways to lower our deficit, there are several key ways.There are the billions of dollars we Conservatives have been mentioning. That would be a common-sense way to get our finances under control.
We see the massive deficits that the Liberals have included in their budget documents this year, and they are ongoing for the next few years. The Liberals have no plans to balance the budget. I looked at the numbers and did some rough math. They are looking to add $330 billion more to our national debt in the next five or six years alone. That is on top of the $1.3 trillion or $1.4 trillion already on the debt. These Liberals have added more to our national debt than every other government combined before it. That is how bad it is.
I have said this repeatedly in my tenure in public life, and it bears repeating: The easiest thing for government to do in public life is to tell Canadians what it is going to spend money on. That is the easy part. The part that Canadians need to pay attention to, and where we are with this Liberal government, is how it is going to pay for it all. This is what we call a costly credit card budget, because that is exactly what it is doing. It is adding tens of billions of dollars each and every year. In this case, there is $67 billion in the spring statement that was just proposed and, like I said, $330 billion in new debt in the coming year.
The thing we need to remember is that, when that goes on the credit card, there are public debt charges, which is the interest to service that debt. As a matter of fact, we spent $54 billion this year just to pay the interest on our national debt. That is not paying it down. It is just paying the interest on that proverbial credit card, and that interest is expected to go up to $59 billion next year. It will then go to $65 billion the year after that, and then on to $71 billion and $76 billion. Finally, in 2030, we will be spending $81 billion per year servicing our national debt.
That is not sustainable and not the right way. Canadian households do not do that with their credit card and their home budgets. They expect, as Canadian taxpayers, government to do the same thing.
It is ridiculous to see that the new Prime Minister has doubled Justin Trudeau's deficit. Whether it is the budget implementation act or the Liberals' efforts here on defence, we are seeing more bureaucracy, more taxes and more ineffective measures. Now that we are in a recession, under the Liberal Prime Minister, it is time to smarten up and change course.