Government leader, after a decade of Liberal governments, Canada has become a net exporter of capital, with our net foreign direct investment position now approaching a $1-trillion deficit, the worst in Canadian history. Budget 2025 attempts to respond with so-called productivity super-deduction and promises to attract investment by offering a competitive tax environment. But critics, including Fitch Ratings and the Parliamentary Budget Officer, warn that persistent deficits and accounting gimmicks are undermining our credibility, risking a weaker dollar and higher inflation and raising capital costs. How can your government claim to foster investment and productivity when its fiscal framework undermines the very economic stability that investors are looking for in order to have confidence in this economy?

The only thing, government leader, you have supercharged is fiscal irresponsibility. You’re masters of it. Productivity is at the lowest level that Canada has seen in the studies of the Organisation for Economic Co-operation and Development, or OECD, and it has been consistent. Productivity is down. Deficits are high. Even though you are spending less while investing more, you have set record deficits, weakening the Canadian dollar. The Canadian dollar being weak — what does it do? It makes it harder for Canadians to buy produce, to fill their cars, and it makes it harder for them to have a reasonable ability to serve their families and their children and to feed the economy and future generations —