Skip to content

QUESTION PERIOD — Finance

Cost of Living

November 26, 2025


Hon. Leo Housakos (Leader of the Opposition)

Government leader, I can assure you that the opposition does not intend to be insulting or inaccurate, but it is insulting to the intelligence of Canadians and this institution when the government gives wholly inaccurate answers to basic questions. Yes, all you have to do, colleagues, is google “Canadian prime ministers who have added the most amount of debt to Canada,” and lo and behold, three names pop up: Justin Trudeau — the champion — Louis St-Laurent and, of course, Pierre Elliott Trudeau. What do they all have in common, government leader? I’ll let you answer that.

In the case of Justin Trudeau, in a decade, he increased per-person debt in Canada by 35.3%. You have to recognize that there is a problem when you’re running deficits and debts to that degree. You weaken the Canadian dollar and you weaken the strength of the economy. Yes, I do relish the days when the Canadian dollar was even stronger than the American dollar. Do you remember those days? And tell me why.

Hon. Pierre Moreau (Government Representative in the Senate) [ + ]

You spend your time — and you have on many occasions during Question Period — trying to describe the last 10 years as a nightmare for Canada. Do you think it was? That’s what Senator Batters said it was. Well, you know what? Canadians disagree with you, and they gave you a very strong message during the last general election. You should take your time and try to understand the message that has been sent to you instead of trying to describe things that Canadians do not believe. That is my humble suggestion.

I have plenty of questions, government leader. I can tell you that it is nice to fall back to that snapshot of a general election, but don’t forget that 41.3% of Canadians voted against your agenda. There are a growing number of Canadians in soup kitchen lines who can’t feed their children. Those are the people we are concerned about. We’re concerned about those Canadians who are having a hard time making ends meet. I am glad you are concerned about the 48% who voted for your government. What about those who are suffering in this country and are waiting for some reprieve?

Senator Moreau [ + ]

Thank you. The government is the government for all Canadians, and that’s the reason we take responsible action. Responsible action is investing in infrastructure, creating a situation in which the economy will grow and creating jobs. Jobs are up. Inflation is down. That is good news. Why are you not able to recognize that good things are happening in this country instead of trying to portray the country as a nightmare?

Back to top