Mr. Speaker, history is full of governments that believed deficits did not matter, until they suddenly did. History is full of administrations that were convinced they could borrow indefinitely because markets were patient, until they were not.
Canada is not exempt from arithmetic. Debt must be serviced, confidence must be earned and budgets must eventually reconcile aspirations with reality. We need to live in a Canada that does not reward bureaucracy, but rewards hard work. The Liberals like to live in press releases, but Canadians live in reality.