Madam Speaker, today we are debating the 330-page budget implementation act, no. 2. All I can say is here we go again. This act, which puts in place measures to implement what was announced in the update, is just more of what we have become accustomed to from the Liberal government. The Liberals keep building bureaucracies and spending at speeds never seen before, faster than the previous Trudeau government. Any fiscal room that was generated by higher-than-expected revenues went immediately out the door.
For more than a decade, the Liberals have preached that deficit spending will drive the growth in the economy needed to produce good-paying jobs for Canadians. For a government that is desperately trying to convince Canadians it is different and would achieve the results Canadians have been waiting a decade for, the spring economic update proves very little has changed. Every dollar that comes into the economy is another dollar to subsidize itself.
The Liberals have caused the regulatory burden in Canada to balloon and suppress innovation and growth. Inaction is a choice. A perfect example of this is the sections in this bill that create the Defence Investment Agency as a stand-alone entity. The powers it is granting to an unnamed minister are broad and sweeping. The exceptions to competitive procurements are vast and can be used as much as the unknown minister chooses. Exceptions are likely to become the norm.
No one would argue that defence procurement has been in major need of reform. Onerous rules and layers of bureaucratic processes have only grown. The pace that meets the operational needs of the Canadian Armed Forces has been sorely needed. One could expect that over the 11 years the Liberals have been in power, they would have worked to overhaul and reform the systems and rules around procurement. One could expect it, but they would be wrong. The Liberals' solution to the bureaucratic bloat seems to be the exact same as it was a year ago. It was in Bill C-5 this time last year that the Liberals claimed they needed extraordinary powers to bypass regulations and roadblocks that got in the way of major projects. They have yet to use any of those powers to designate a project in the national interest to advance our resource development.
I do not bring up Bill C-5 to talk about the lack of results from the government on resource development; there are more than enough examples to talk about this elsewhere. I bring it up because it was originally drafted in such a way that would have allowed the government to bypass not only certain acts of Parliament to build projects, but virtually any act of Parliament. Allow me to list a few of the acts it sought the ability to bypass before it was amended at committee: the Access to Information Act, the Canada Labour Code, the Conflict of Interest Act, the Foreign Influence Transparency and Accountability Act, the Investment Canada Act and the Lobbying Act just to name a few.
The only reason this was prevented at the time was because of the minority government that Canadians had elected. A year later, now we have the same story. Procurement has become slow, costly and unable to deliver the lethality and operational readiness our armed forces need. To give members an idea of the state of operational readiness in our armed forces, we can use the Department of National Defence's own annual results from 2024-25. Less than 60% of our maritime fleet is serviceable and ready to go out on operations. Only 51% of our land fleets are sitting at the ready and well maintained so troops can use them. Only 42% of our aircraft in the Canadian Armed Forces are ready to serve and have the proper maintenance. That is years of waiting for the government to deliver while rules and processes grew without any reform.
The solution, according to the Liberals, is not to bring about reform or transformation, but rather to grant an unknown minister near-unlimited power to bypass competitive procurement rules. He or she would be able to bar anyone from being allowed to compete without ever having to provide a reason why.
This unknown minister can draw $1 billion from the consolidated revenue fund, without ever needing to go to the Treasury Board to purchase shares in companies, and fire entire boards. They can use exceptions to competitive procurements to no end, never having to justify or report it to anyone. These powers can be delegated to the CEO, undermining the entire point having a single place for accountability.
A year ago, we had Bill C-5, and the same story, the same solution was presented. In this case, however, the Liberals are seeking the ability to just go around the rules without ever having to explain why to anyone. This is rife for abuse. If power is to be given, the case must be made for how it will be balanced with accountability. This budget implementation act allows the same failed thinking that got us here: no case for reform and no change in approach.
As I said, inaction is a choice. Proud Canadians in my riding of Carlton Trail—Eagle Creek were looking for a signal that something better was on the way. Instead, they see that the Liberals under this Prime Minister have not changed their approach at all. Deficit spending still has not produced the results the Liberals have been promising.
The interest on our debt will total more than $50 billion. Nobody on that side of the aisle seems to be interested in what we could do with our economy with that $50 billion every year. These interest charges will continue to rise and total more than a projected $80 billion by 2030‑31, with no course correction in sight.
Instead, the Liberals continue to announce even new ways to deficit spend: enter the sovereign debt fund. We recently learned that the estimated interest payments to borrow the money for this fund will be three-quarters of a billion dollars annually. They have yet to even tell Canadians what the return on their money might be. Canadians have been waiting. They continue to pay their taxes and play by the rules. They have kept their end of the deal. Saskatchewan and Saskatchewanians have kept their end of the deal. In return, the government is supposed to deliver on the results it promised Canadians. It is avoiding real change.
Instead, after more than a year since the previous election, it has opted to tinker with the margins or make small changes around the edges, and it has not been willing to change the approach it has taken to our economy. Its spending and its Defence Investment Agency all follow the same failed logic of the previous 10 years. Simply allowing the Liberals to have more power and more authority to avoid the bureaucracy they created and accountability is not the solution.
Conservatives will wait to see who will be named as minister, and whether the Liberals will use their manufactured majority to continue a pattern of avoiding accountability at committee when this bill is referred to it.