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View Dane Lloyd Profile
CPC (AB)
View Dane Lloyd Profile
2020-03-09 11:55 [p.1776]
Madam Speaker, I am quite embarrassed by the member's statement. He is living in a fantasy world. It is time to get real. It is the government's job to give Canadians the straight goods.
He is talking about a $26-trillion green initiative. However, do members know who the biggest investors in green energy are in Canada? They are oil and gas companies. For every dollar that oil goes down, the Alberta treasury loses $355 million. Today's drop alone will cost the Alberta treasury $10 billion. We are seeing revenues collapsing across this country and the government is not prepared for it. Pension contribution liabilities are increasing. Revenues are dropping. Other expenses are increasing. The Liberals are not ready for these changes.
What percentage of the debt-to-GDP ratio is the government prepared to go to? Is it 50%, 100% or 200%? How far are the Liberals going to put this country into debt before they get real with Canadians?
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