“Out of control”: Poilievre says Liberals will add $730B to Canada’s deficit in next 5 years
By Global News
Conservative Leader Pierre Poilievre came after the Liberals on Monday over national debt during question period in the House of Commons on Monday. “More inflation is on the horizon. As the Parliamentary Budget Officer calculated that this government is expected to add $730 billion to our national debt over the next…
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Budget deficit
The amount by which a government's spending exceeds its revenue in a given year, covered by borrowing.
Persistent deficits add to public debt and can raise the cost of future borrowing.
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