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View Francesco Sorbara Profile
Lib. (ON)
Mr. Speaker, I had the opportunity to work with the member for Sherwood Park—Fort Saskatchewan on the Canada-Holy See Parliamentary Friendship Group and we chatted on many different topics.
If we look at the government's program over the last several years, it has been balanced. It has been about investing in Canadians and putting money back into the pockets of Canadians. We had the first middle-class tax cut when we first assumed power in 2015. Almost $30 billion has been returned to Canadians. It is their money. They work hard. They know how to spend it, invest it and put it to use for their families. We are doing it again. When fully implemented, there will be, roughly, a $6-billion tax cut, which will benefit over a million Canadians and remove 700,000 Canadians from our tax rolls.
As an economist, I am very happy to see that. I am also very happy to see that our fiscal anchors, our AAA credit rating and a stable and declining debt-to-GDP ratio over the medium term, is what we need to do. We will undertake the critical investments to fill the deficits that were left behind in the prior years, a social deficit, a cultural deficit, a transportation deficit and a green deficit. We need to continue doing that.
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