QUESTION PERIOD — Finance
Fiscal Accountability
October 21, 2026
Senator Moreau, your Liberal government has repeatedly claimed to have found $60 billion in savings government-wide, but yesterday the Parliamentary Budget Officer contradicted this and said, “. . . the deficit is broadly unchanged . . . . ”
Prime Minister Carney said last fall that a series of tough, responsible choices would save taxpayers that $60 billion. Last March, Finance Minister Champagne repeated the claim: “We should put the record straight.” Also, “We found $60 billion of savings across different departments of the Government of Canada.”
Now the PBO says, “No dice.”
Put the record straight, indeed. Where are these taxpayer savings, or is this just one more Carney contortion?
The government is committed to transparency, and there will be another budget that will be tabled soon in November. You will have all the information within that budget. Having said that, the government is doing its best to create a strong economy, save industries and businesses, and ensure that Canadians can obtain good-paying jobs. We are also working on affordability. We want to put money in people’s pockets during difficult times.
I’m not worried because I know that you will have all the information you need. This document will be tabled with the budget.
We’re asking about the last budget, and there is still no transparency about that.
Your government promised Canadian taxpayers repeatedly, in the last year, that they found $60 billion in savings, but now the Parliamentary Budget Officer, or PBO, says she can’t find it. The only visible cut your Liberal government has made recently is to shamefully ground our beloved Royal Canadian Air Force Snowbirds. Where are the rest of the cutbacks? Are these just more broken Carney Liberal promises?
Senator Batters, I know you like the Snowbird issue. On Thursday, September 17, the Royal Canadian Air Force welcomed the first two of its new training aircraft, the CT-157 Siskin II, which are the planes that will replace the old Tutor jets. I know you don’t like it, but they were retired for safety reasons.
I guess pilot safety is more important to the government than anything else. When you tell —
Thank you, Senator Moreau.
