Economic Recovery Act (stimulus)   in Canada recession. I want to ask him a question that many Canadians are asking me. A short three and a half years ago the reformed Conservative government inherited a $13.2 billion surplus. It now has a $56 billion deficit, for a total of close to $70 billion. Canadians are asking

The Economy   it into a deficit by 2008-09. He was still pretending to run a surplus 10 months ago. He acknowledged a $30 billion deficit nine months ago, a $50 billion deficit last spring, and a $56 billion deficit last month. I would like to congratulate the finance minister on his Euromoney award, but I

The Economy  . Now we are told to brace for a $56 billion deficit and future deficits stretching until who knows when. With recovery stalling and unemployment rising, will the government finally admit to Canadians that it has taken this country back into a structural deficit?

The Economy   that we will have a $56 billion deficit. That is not what we voted for. How long will we have a deficit? Will the Prime Minister and the government admit that we already have a structural deficit?

Economic Recovery Act (Stimulus)  , and they said they would not run a deficit. Today, the deficit is $56 billion or $57 billion. What is strange is that this is roughly the same amount of money that was stolen from the employment insurance fund. This year's deficit did not go toward EI to really help workers. In fact, I do

Business of Supply  . That would reset the clock on all the legislation we have been debating, for the third time in some cases. Earlier today, the member for Wascana was criticizing the $56 billion deficit when only a few months ago he and his party asked the government to spend more in the stimulus package

Business of Supply   of Finance are supposed to ensure they deliver the goods and the figures. In March, the figure was $34 billion. Oddly enough, in June the figure had jumped to $50 billion, and in September, it was $56 billion. This is a record deficit for Canada. The first test has been failed. My

Business of Supply   but was going to be $56 billion, that it was going to last for six years and that the total damage was going to be $170 billion. The government also announced, or revealed, maybe inadvertently, that it is going to be imposing a $13 billion employment insurance payroll tax increase which

Business of Supply  . This month it changed again: $50 billion became $56 billion and the timeframe stretched from four years to six years. The cumulative damage will be something worse than $170 billion in new debt overall. Constantly changing stories do not demonstrate competence or inspire trust. Where

Finance committee   deficit. Now it's a $56 billion deficit. Such a blanket application of accelerated capital cost allowance would cost a fortune, raise the deficit, and increase the burden on our children and grandchildren, so it's entirely irresponsible. I have one question to Mr. Kaumeyer

Employment Insurance Act   employers and workers in Canada through their contributions for EI. That 54 billion, 55 billion, 56 billion, 57 billion dollars of money that was taken in over and above what was paid out in EI programs was applied to the deficit and the debt when it should have been applied to the needs

Employment Insurance Act   and a deficit that is now at $56 billion. However, that was only last week. It is probably higher today. She talked about it serving employees and workers. Some of these projects were ongoing projects and they have their own merit. She did not talk about what this bill does in terms

Employment Insurance Act   of accountability and trust. Here we have a member of the government who glories in the achievements of his government, but not one of them has given an indication of what has happened in the last 10 months, where we went from a surplus to a $56 billion deficit. That is $60 billion of deficit

Employment Insurance Act   they are running a deficit. The last number that the finance minister threw out just last week was $56 billion. If the Conservatives had kept the rainy day fund, they would have a balanced budget and that would be good financial management. Neither one of those parties has been a good

Finance committee  . The collapse of the stock market and the decline in the value of endowment funds and their disbursements have reduced funding for professors, doctors, researchers, students, artists, as well as individuals in need of assistance. Given the estimated $56 billion fiscal deficit for this year