Mr. Speaker, what a a colossal and grotesque waste of taxpayer money. How else could one describe the deliberate Liberal decision to double the size of Canada's deficit and add $1 trillion to Canada's debt? It will increase the amount of taxpayer money wasted on interest payments to $80 billion every single year. That is $5,000 per Canadian household not going toward health care, education or roads. That is money taken from the pockets of everyday, hard-working Canadians and squandered.
If we keep borrowing all this money with no plan to pay it all back, this story will end only one way. It will end with ever-increasing interest charges consuming a larger and larger share of Canada's budget, meaning less money to pay for the essential government services on which we all rely and a deeper hole that will become only more difficult to dig ourselves out of.
I implore the Liberal Prime Minister to put down the shovel, stop digging and restore fiscal discipline and fiscal sanity to this country.