Madam Speaker, I am sorry, but we will have $407 billion in interest alone over the next six years, and by 2031, the youngest voters will be facing the workforce with an additional $462 billion in national debt. That is not good money management by the government. Nothing has changed under the Prime Minister, and nothing will change until the government's reckless spending is stopped.
For proof, Canada's youth need look no further than the G7 or even the G20, where Canada is the only member in a full-blown recession. Major banks, as well as the Parliamentary Budget Officer, are forecasting sluggish growth this year, and debt-to-GDP ratios are expected to continue to remain high, with virtually no chance of a decline over the next five years. It is no wonder the PBO is also reporting that the Liberals are borrowing an extra $7 billion over their own budgeted amount. That is an additional $72 billion piled onto the backs of our youth this year alone, when they are already overburdened and desperate for relief.
Conservatives warned that inflationary spending would weaken economic growth, drive away investment and leave Canadians—