Vincent Ho
Richmond Hill South, Ontario · Conservative · Canada
“Mr. Speaker, when I speak to my constituents, a lot of the concerns they talk about have to do with the affordability crisis and the housing hell the Liberal government has created after 11 years in power.”
“The PBO also warned that repeated spending increases beyond previous projections will “erode the credibility of fiscal plans and weaken confidence in the fiscal framework and raise concerns about long-term [debt] sustainability.” That is the exact credibility crisis that this Liberal Prime Minister finds himself in, because a fiscal ancho…”
“The only thing we know is that this brand new bureaucracy is staffed with Liberal insiders and executives who are collecting salaries as high as $700,000 a year. This reflects a classic principal-agent problem. Taxpayers are the principals, while Liberal government institutions and their corporate insiders are the agents.”
“That should alarm every member of the House. It is not only the PBO. The International Monetary Fund, the IMF, a global agency that the Liberals love to cite, has now called on Canada to adopt international accounting standards to improve transparency, ensure comparability over time and maintain a clear connection between borrowing and de…”
“Mr. Speaker, when historians study the fiscal decline of nations, they often note that collapse rarely begins with a dramatic event. It begins with habits: habits of indiscipline, habits of euphemism, habits of pretending that borrowing is prosperity, that inflationary spending is strategy and that accounting definitions can be stretched…”
“The Liberals already have the Infrastructure Bank, the growth fund and the defence bank. They have agency after agency, fund after fund and office after office, and the result is that Canada still has the worst investment performance in the G7. This is textbook government failure.”
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“I will be splitting my time, Mr. Speaker. I rise today to speak not just about a bill but about a generation that did everything right. They studied hard, they worked hard, they saved diligently and they followed the rules, and yet they cannot afford a home in the country they love and the Canada they call home. Today we are debating the Liberals' so-called Build Canada Homes act. The Liberals are calling it bold, transformational and generational, but for the young couple staring at listings they can never afford, for the new immigrant family working two jobs and still renting a one-bedroom apartment and for the tradesperson who builds homes all day but cannot buy one at night, this Liberal bill feels less like hope and more like déjà vu of the years under the last Liberal prime minister.”
“Mr. Speaker, conflicts have always existed overseas, but under the Liberal government, we are now seeing those conflicts spill onto our streets here at home. Last week alone, three synagogues in the GTA were targeted with gunfire, and now an Iranian dissident has gone missing, possibly a homicide, while members of the community fear that the regime in Tehran may be involved. After years of Liberal open-border failures and soft-on-crime policies, hundreds of IRGC regime agents are believed to be living safely here in Canada. When will the Liberal government finally enforce the law, start deporting Iranian regime officials and protect Canadians here at home?”
“Mr. Speaker, instead of laying foundations for homes, the Liberal government is laying foundations for another bureaucracy. The Liberal Prime Minister promised to build at a pace not seen since the Second World War, yet a recent report from the government's own housing agency says that homebuilding is expected to drop in each of the next three years, with housing starts in 2028 falling as much as 18% compared to last year. That is 55% below what is necessary to meet the Prime Minister's own targets. Instead of building homes, they are building roadblocks with a fourth Liberal housing bureaucracy. When will the Liberals finally admit that they themselves are the problem?”
“Mr. Speaker, the hope of ever owning a home is slipping away for young Canadians. Nearly half of young Canadians are being forced to move out of the communities they grew up in because they can no longer afford the Liberal housing hell. From 2019 to 2024, for every 100 new adults added to our population, there were only 12 housing starts intended for ownership. This is less than half the pace of previous decades. Now, a new CIBC report confirms what young Canadians already know: Homes are still too expensive to buy and not profitable to build. After years of Liberal rhetoric and red tape, when will the government finally scrap the GST on all new homes and let young Canadians build a life?”
“Mr. Speaker, the dream of home ownership has been shattered by a decade of Liberal policies and rhetoric. Only 269 new homes were sold in the entire Toronto area in January. Sales are down 36% from last year and are 80% below the 10-year average. The last time it was this bad was the early 1990s. The Prime Minister promised to “build, baby, build”, but the only thing the Liberal government seems able to build is more office space for more bureaucrats for more layers of bureaucracy. When will the Liberal government stop obstructing builders, stop doubling down on failed policies and finally scrap the GST on all new homes?”
“Mr. Speaker, I find the Liberal member's speech kind of rich. Last week, the Liberals announced their so-called auto strategy. It had a $2.3-billion fund for some rebates for EVs that are purchased in Canada. While that sounds great, the problem is that most EVs purchased in Canada are made elsewhere, including in the United States, where many factories are relocating. Effectively, this rebate is now subsidizing U.S. and other auto manufacturers. Why are the Liberals subsidizing foreign auto manufacturers to the tune of $2.3 billion when tens of thousands of auto workers are being laid off here in Canada? Will the Liberals support Canadian auto workers?”
“auto sector, while tens of thousands of Canadian auto workers are being laid off because the Liberal Prime Minister failed to get a deal with the U.S.?”
“Mr. Speaker, the Liberals announced last week, as part of their so-called auto strategy, that they are providing $2.3 billion of taxpayer money in rebates for Canadians to purchase EVs. The problem is that this rebate is available for foreign-made EVs, and a vast majority of EVs purchased in Canada are produced elsewhere. Effectively, this taxpayer-funded Liberal rebate will now subsidize American EV producers, including those that chose to relocate to the U.S. from Canada because of American tariffs. This is a slap in the face for Canadian auto workers who are facing layoffs, and it is an insult to call this an auto strategy. Should Canadians be outraged that the Liberals are sending billions of Canadian taxpayer dollars to the U.S.”
“Mr. Speaker, the Canadian dream of home ownership is slipping away from young Canadians. The government's own housing agency says that housing starts will fall over the next three years, going down as much as 18% by 2028, while prices keep going up. After years of Liberal policies that drove up costs and slowed down construction, buyers cannot buy and builders cannot build. The only solution the Liberals can come up with is to build a fourth housing bureaucracy. When will the government admit that Liberal rhetoric and bureaucracies do not build homes and finally scrap the GST on all new homes, incentivize building and restore the dream of home ownership?”
“We believe that strong families build strong communities and that strong communities build a strong country. It is people, not big government, who empower society and shape our future. To all people across Canada celebrating in 2026, I wish health, prosperity and happiness in the year ahead as we welcome the year of the horse. Happy lunar new year. Gong hei fat choi .”
“Mr. Speaker, lunar new year has been celebrated on this land for as long as Canada has been a country. When Chinese immigrants first arrived in British Columbia around the time of Confederation, they brought with them the traditions that were passed down for thousands of years: traditions of family, renewal, gratitude and hope. For over a century these celebrations have been part of Canada's history. Today lunar new year is celebrated by millions of Canadians with roots tracing back to Chinese, Korean and Vietnamese descent, and it is embraced by neighbours and friends of every background. The values celebrated at this time of year, such as respect for elders and the generations before us, responsibility to family, generosity and community spirit, are also Conservative values.”
“Let us be clear, food price inflation is a Liberal, homegrown, made-in-Canada crisis. Conservatives have a plan: axe the industrial carbon tax, scrap the fuel standards that is adding 17¢ a litre and increase competition in grocery chains. Will the Liberals drop the excuses, stop obstructing Parliament and support a real food affordability plan, or will they keep serving up Liberal rhetoric on empty plates?”
“Mr. Speaker, three years ago the Liberal finance minister promised Canadians that he would stabilize food prices. Well, he failed. Since that promise, lettuce is up 40%, beef is up 27%, and baby formula is up 13%. While Liberals excuse their failure as a global phenomenon, the facts tell a different story. Canada now leads the G7 in food inflation. It is double what it was when the Prime Minister took office and twice the U.S. rate. The result is that Canadians are forced to make 2.2 million visits to food banks every month. Food bank usage has more than doubled under the Liberals. Now the finance minister is offering another temporary rebate that will not lower the price of a single grocery item. That is not a long-term solution; it is an admission of failure with no plan to pay for it.”
“Mr. Speaker, touting a fourth Liberal housing bureaucracy is an admission that the first three bureaucracies failed. The Bank of Canada said housing activity is subdued or declining in most cities. New home sales are down 45% in the GTA, 52% in the Golden Horseshoe and a staggering 56% in Vancouver. Builders are laying off workers, projects are being shelved and first-home buyers are being squeezed out. After years of broken Liberal promises, rhetoric and photo ops, home ownership is slipping out of reach at unimaginable speeds. Will the Prime Minister admit his approach is failing, work with Conservatives and finally drop the photo ops, rhetoric and costly bureaucracies that are obstructing young Canadians from finding a home?”
“Mr. Speaker, according to a Missing Middle Initiative report, 69% of Canadians say unaffordability is reshaping who can live in their communities, and nearly half of young Canadians have considered leaving their city or province just to find an affordable home. Meanwhile, ownership-focused housing starts have fallen from 69% to 49%, and Canadian home builders warn that this could be a lost decade of home ownership. The Prime Minister promised hope for first-time buyers, but young Canadians see falling sales, lower home ownership rates and the Canadian promise slipping out of reach. When will the Liberal government stop the bureaucracies, stop the rhetoric and the taxes that block construction, and finally deliver results and homes that young Canadians can afford?”
“Mr. Speaker, I have some advice for the Liberal member. Maybe the Liberal government needs to get their hands out of the pockets of Canadians. A report released last fall shows that gen Z Canadians have virtually no disposable income left, just $9 to $16 in spendable cash at the end of the month. Half say they will need to take on more work over the next year, 28% are borrowing from family and 12% are delaying paying their bills just to survive. For young Canadians, having long-term goals and aspirations has been replaced by being in survival mode. The Prime Minister keeps telling young Canadians they need to make more sacrifices. What exactly does he want gen Z to give up next when there is nothing left to cut? Does he want them to give up their dreams, their futures and any remaining hope that this country still works for them?”
“Mr. Speaker, a new report shows that home ownership among 30- to 34-year-olds has collapsed from 60% to 52%, with the steepest declines affecting younger Canadians. Between 2019 and 2024, for every 100 new adults, there were just 12 housing starts meant for home ownership, less than half the rate of earlier decades. It is no wonder that 87% of Canadians are concerned about housing, and that rises to 93% for gen Z and millennials. Nearly half of young Canadians are considering leaving their city or province because they cannot afford a home. Instead of lecturing young Canadians to make more sacrifices, will the Liberal Prime Minister finally scrap the red tape and taxes that obstruct them from saving, starting a family and owning a home?”
“They want safety, they want accountability, they want action and they want a justice system that puts victims and law-abiding Canadians first. Conservatives stand ready to deliver that.”
“We are here to stand ready to work with the Liberals to strengthen victim protections and scrap the weak Liberal bail system, which the Liberals set in motion. We are here to restore sentencing certainty, reassert Parliament's role and make communities safer. The Liberals are more than welcome to take our ideas, as they already have, if it delivers real results for Canadians, except we know the Liberals always water down our ideas and then take the credit for it. They are free to take the credit for it if it delivers for Canadians, but rhetoric must finally match reality. Canadians do not want speeches, Canadians do not want photo ops or press releases, and they certainly do not need another public safety summit so the Liberal government can figure out what is wrong after 10 years.”
“Without these long-standing safeguards for individuals acting in good faith that is reasonable and without malicious intent, core freedoms are put at risk. The preaching of religious doctrine or the reading of sacred texts could be swept into criminal law if a government of the day deems it objectionable. At the same time, the proposal introduces a vague and elastic definition of “hate”, one that invites abuse and risks criminalizing lawful expression that has always been protected in a free society. Fixing bail should come before policing beliefs, and protecting communities should come before restricting liberty. Conservatives will always defend freedom of religion and expression, especially when government overreach hides behind these so-called intentions. Conservatives are not here to obstruct.”
“Behind these numbers are victims, families and neighbourhoods that no longer feel safe all across the country because the Liberals set into motion this catch-and-release system not too long ago. Police officers, prosecutors and premiers have all said the same thing, that the Liberal bail system, which they are responsible for, is now broken. Repeat violent offenders are being released again and again, sometimes within hours, only to offend again. What is even worse is that, instead of scrapping the weak Liberal bail and fixing the bail system for good, the government first focused its attention on Bill C-9 back in the fall, repealing long-standing and important Criminal Code safeguards that protect religious freedom made in good faith.”
“It is impossible to ignore that it has been nine months since the last election, and still, in those nine months, despite daily headlines, police warnings and community fear, the government has delivered no meaningful bail reform to scrap the weak Liberal bail and no serious action targeting repeat violent offenders, and shown absolutely no urgency in restoring public safety. Since the Liberal Prime Minister took office, not a single public safety bill has been passed so far, despite multiple attempts by Conservatives to make concrete proposals after months of work to fix the justice system that the Liberals broke in the first place. This has resulted in violent crime being up 55%, sexual assaults up nearly 76% and human trafficking up 84%. These are not just abstract statistics.”
“Judges would still be left to fill the gap. That is not progress, as Liberals like to describe it; it would mean a quiet erosion of democratic accountability, leaving the criminal justice system unaccountable to the Canadian electorate. The result of this is that Canadians all across the country will live with rising violence, and victims will ultimately pay the price as mandatory minimums are not enforced. (1055) We need to take a step back and look at how we got here. Perhaps the clearest measure of the government's priorities is what it has not done.”
“In other words, judges could ignore mandatory sentences for crimes like various sexual offences, robbery with a firearm, weapons trafficking, child sexual abuse material offences, robbery and extortion. We know that mandatory minimums exist for a reason. They ensure the uniform denunciation of serious crimes. They provide a predictable and baseline consequence for the most dangerous crimes. They provide deterrence and incapacitation of dangerous offenders. Bill C-16 replaces legislative certainty with subjective offender-specific assessments, thereby fragmenting sentencing across cases, courts and jurisdictions. It is another example that the Liberals are putting criminals first. If a mandatory sentence could be ignored whenever a judge disagrees with Parliament, then Parliament would no longer be setting sentencing policy.”
“This is at the heart of the problem with Bill C-16 . Buried inside this omnibus bill is a so-called safety valve that would afford judges with significant discretion on sentencing for nearly every serious offence in the Criminal Code. We have seen how this has played out in several instances where the Liberals have enabled judges to give discounted sentences based on the race or immigration status of the accused. Parliament would explicitly authorize courts, because of Bill C-16 , to impose sentences below mandatory minimum penalties whenever a judge concludes that applying the minimum would be cruel and unusual for that particular offender. That is not a narrow exception. It applies to nearly every mandatory minimum in the Criminal Code, excluding only murder and treason.”
“Expanding protections against the non-consensual distribution of intimate images, like sexually explicit deepfakes, also came from Bill C-216 , from the Conservative member for Calgary Nose Hill , which the Liberals expressed opposition to before they finally embraced it. Mandatory reporting of child sexual exploitation material was built on the laws enacted by the previous Conservative government. We are glad that the Liberals have finally recognized the value of these Conservative proposals. They are welcome to take our ideas, because Canadians are safer every time they do so, but this record also exposes a contradiction that Canadians are noticing. If Conservatives were right about protecting victims, why does the government continue to be wrong on sentencing, bail and accountability?”
“This approach aligns with Conservative principles of protecting victims, taking threats seriously, and deterring violence before it escalates. If the Liberals are serious about addressing intimate partner violence, Conservatives stand ready to strengthen this provision, along with this bill, not just more Liberal announcements. Much of what the government is now promoting as progress in Bill C-16 is, in fact, a long-standing Conservative policy. Let me start by saying that making the murder of an intimate partner automatically a first-degree offence was first advanced by the Conservative member for Kamloops—Thompson—Nicola .”
“Conservatives are ready to get to work, and we will work with the Liberals. They are more than welcome to take our ideas, as they already have, but Canadians deserve honesty, not more Liberal spin. We cannot claim to be tough on crime while systemically weakening consequences for the most serious crimes. Where C-16 is grounded in reality rather than the same old Liberal ideology, it deserves some recognition. The creation of a Criminal Code offence targeting intimate partner violence is an important first step, because we know violence rarely begins with a single act. It begins with patterns like control, isolation, intimidation, surveillance and financial pressure, all designed to dominate another person. By recognizing this behaviour as criminal before physical violence occurs, the law can intervene earlier.”
“Mr. Speaker, Canadians have become very familiar with Liberal rhetoric on public safety, unfortunately. We hear their words about combatting crime, standing with victims and protecting women and children, but words are not results, and rhetoric does not keep communities safe, unfortunately. Bill C-16 is a case study in the government's approach to justice: announce the right intentions, borrow Conservative ideas, and then quietly undermine accountability in the fine print. We will admit that this bill contains provisions that will genuinely help victims, provisions Conservatives have long supported, proposed, and defended in this House. However, it also contains structural changes that would weaken sentencing certainty, expand judicial discretion and erode Parliament's authority, all while violent crime continues to rise. Make no mistake.”
“Yet here at home, the Liberals offer empty words instead of action. The people of Iran are not alone. The world sees them. Canada's Conservatives and Canadians stand with them. Their struggle is just, their sacrifice will not be in vain, and their future belongs to them, not the tyrants. Today, the world watches. Tomorrow rises a free Iran, an Iran whose future belongs to its people.”
“Mr. Speaker, today I rise in solidarity with the brave people of Iran. Over the past few weeks, hundreds of thousands of Canadians have joined solidarity rallies across the country, including in Richmond Hill, where tens of thousands have gathered, braving the cold winter storms to stand on the side of freedom. In recent weeks, tens of thousands of Iranians have been massacred, with many more injured and arrested by a regime that rules through fear: the fear of speaking, assembling and simply being free. Yet despite the executions, the beatings, the blackouts and the bullets, the Iranian people continue to stand. They refuse to be silenced, knowing the cost but believing freedom is worth it. The regime can shut down the Internet, but it cannot shut down courage. It can imprison demonstrators, but it cannot imprison hope.”
“What is worse is that the Liberal Prime Minister promised 500,000 homes per year, and he is delivering just 5,000. Housing starts have collapsed, and now Canadians are being told to lower their expectations and give up on the dream of home ownership altogether. Conservatives propose to scrap the GST on all new homes under $1.3 million and get shovels in the ground now. Conservatives will bring home hope, stronger take-home pay, safer streets, secure borders and a self-reliant Canada where, once again, our Christmas cards can say, “Merry Christmas and happy new year”, and actually mean it. From my family to everyone, merry Christmas and happy new year.”
“Mr. Speaker, the Liberal Prime Minister promised Canadians a win with the President by July 21. Five months later, there is no win, no elbows and no deal. From factories to steel mills, Conservatives will always stand with the workers who feed, power and protect this country, and today, those Canadians are paying the price. Back in May, the Prime Minister said Canadians would judge him by the prices at the grocery store. Well, food bank usage doubled, grocery bills doubled and 86% of families are cutting back on meat just to get by. Food should not be a luxury in Canada. Conservatives propose to scrap the four Liberal hidden taxes on food, because no family should have to choose between paying the power bill and a nutritious meal.”
“Mr. Speaker, people should be able to work hard, save their money and buy a reasonably priced home in a reasonable timeline. That was the Canadian promise. However, today, the parliamentary budget watchdog confirmed that the Liberal Prime Minister has broken this promise. The report says that the Liberals' brand new housing bureaucracy is nothing more than a shiny, billion-dollar photo-op machine, building only 26,000 homes in five years. That is barely 2% of the 1.25 million homes promised. What is worse, the report says that the Liberal government has no plan whatsoever to achieve its own target. Instead of lecturing young Canadians about sacrifice, why does the Liberal Prime Minister not just admit that he bulldozed the dream of home ownership, buried it under bureaucracy and walked away with the shovel?”
“Madam Speaker, every time the Prime Minister talks trade, he seems to be closing deals for his old firm Brookfield, while Canadian workers and taxpayers are left out on the sidelines. He went to Washington and Brookfield walked away with an $80-billion nuclear deal. He went to London and Brookfield got over $500 million for the European Space Agency. He hosted Swedish royalty and Brookfield announced an AI deal with Sweden. Now he is forcing Alberta to pour billions of taxpayer dollars into carbon capture just to get a pipeline, exactly where Brookfield holds major stakes. When the Prime Minister said he would build at scale and speed not seen in generations, did he really mean just for Brookfield and not for Canadians?”
“Those workers do not have the luxury of saying, “Who cares?” because their mortgages care, their grocery bills care and their futures care. Will the Prime Minister look those 40,000 workers in the eye and tell them he cares about their jobs, their paycheques and their livelihoods, or will he just keep throwing up his hands, walking away from the table and asking, “Who cares?””
“Madam Speaker, the Liberal Prime Minister called himself the master negotiator, bragging that he alone could land a deal with President Trump by July 21. He puffed out his chest, promised “elbows up” and told Canadians he was ready to fight, but now that he has failed, he shrugs, asking, “Who cares?” and says he does not have a “burning issue” to discuss with the President. In months, he went from lacing up his gloves to throwing up his hands. He has not negotiated; he has surrendered. While he wanders the world for photo ops, our workers are getting knocked to the mat. Conservatives care, and so do the 40,000 manufacturing workers in Ontario whose jobs have vanished since April, not because of global forces, but because the Prime Minister fumbled the negotiations and left Canada without a deal, without a plan and without a lifeline.”
“Mr. Speaker, the Prime Minister went from promising elbows up to throwing his hands up and saying, “Who cares?” the moment the President pushed back. He caved on the digital services tax, abandoned countertariffs, and walked away from the softwood legal fight, leaving Canadian workers totally defenceless. We thought he got nothing in return, but it turns out he got nothing for Canadians, because just days later the Americans signed an $80-billion nuclear deal with his former company, none other than Brookfield. While Canadian workers are left standing in the penalty box, the Prime Minister's friends are skating away with the puck. Why is the Liberal Prime Minister trading away Canada's national interests while advancing his own personal interests?”
“Madam Speaker, I see almost nothing for Richmond Hill South in this budget. This is what I see. The cost of living remains high, putting financial pressures on families and small businesses. Unemployment has increased, driven by weak hiring and layoffs. Businesses face ongoing uncertainty, delaying investment and expansion. Productivity remains weak, limiting wage gains for workers. That is the current economic landscape. By the way—”
“Madam Speaker, I am going to continue reading from page 53 of the Liberal costly credit card budget. It starts with “Over the past decade,” and it is no coincidence that the government has been in power for exactly one decade. It reads: Over the past decade, Canada’s productivity performance has been persistently weak. In this time, productivity grew by only 0.3 per cent annually—less than one-third the pace of the previous two decades.... This had led to substantial productivity gaps with other G7 economies.... The Liberals like to compare Canada to the G7. It seems like we are doing the worst. The Liberal member is going to accuse Conservatives of spreading misinformation. I read these words directly from this costly Liberal credit card budget, so he needs to check himself before he wrecks himself.”
“Madam Speaker, I find that rich coming from the member. We are not attacking the Prime Minister 's character; we are attacking his record. The member said we are spreading fake news. I am going to read directly from the costly Liberal budget so he cannot say we are spreading misinformation. On page 53 of this costly credit card budget, it states, “If Canada’s productivity growth had matched the U.S. from 2017 to 2023, the median income of a family with one child would be nearly $11,000 higher.” We would have been $11,000 richer per year, per family and per Canadian household if the Liberal government had gotten out of the way.”
“Conservatives will expose the truth, restore fiscal discipline, demand transparency and protect taxpayers. We will rebuild a country where hard work leads to a home with a yard on a safe street and affordable and nutritious food on the family dinner table every day, and where the next generation is not sacrificing to survive, but thriving for a better tomorrow. This is not just the Conservative way; it is the Canadian way, and it is the Canada we will fight to restore.”
“At the end of the day, Canadians deserve a prime minister whose loyalty is to the public, not to his private portfolio or the shareholders of Brookfield. Canadians feel betrayed. Do we continue down the path of manipulated budgets, rising debt, shrinking paycheques and declining prosperity, or do we rebuild a country where the numbers are honest, the budgets are responsible and the promise of Canada, that hard work leads to an affordable home, opportunity and security, is restored? The Liberal Prime Minister promised Canadians he was a seasoned central banker who could be trusted to spend less and invest more, but it turns out he is just another Goldman Sachs investment banker who is in it for himself and the Brookfield shareholders. Canadians are left to pay the price this time.”
“On top of egregious tax avoidance, the Liberal Prime Minister 's conflict of interest cover-up is even worse. Brookfield's chief operating officer confirmed this month that 95% of its companies are not covered by the so-called ethics screen. That means 1,900 companies stand to benefit from government decisions that will enrich the Prime Minister personally at the expense of taxpayers, and Canadians will be kept in the dark about how those companies are involved. The Liberal Prime Minister is even taking private meetings with Brookfield executives at the Prime Minister's Office and while he travels overseas. With ethics like this, how can Canadians trust him? He is starting to look a lot like the last Liberal prime minister, just more costly.”
“He was not just minimizing taxes; he was avoiding them entirely to the tune of $5 billion or more. Under the Liberal government, there is a two-tier tax code for Canadians. There is one for the rich Liberal friends of the Prime Minister and another for everyone else. Worse yet, in this costly Liberal budget, the Liberal Prime Minister gave himself and his buddies a tax break on the purchase of luxury yachts and private jets, while voting against scrapping taxes on food and groceries. The Liberal Prime Minister helped design a tax system he did not have to live under because he was living outside of it. While Brookfield was safely storing profits in Bermuda, small charities and family businesses faced the full force of the Liberal tax-collecting agency.”
“A government that conceals its books has already lost control of them. Canadians recognize that for what it is. Whether it is a cover-up or typical Liberal incompetence, only time will reveal which truth the Liberals are running away from. While Canadians rushed to file their taxes, were squeezed by rising costs and were terrified of the CRA, one Canadian had no such worries. It was the Prime Minister , who is proving this to be the same old Liberal government with a new Liberal cover-up. While he was advising Trudeau to hike taxes on small businesses, tradespeople, doctors and families, his own Brookfield funds had their income stashed above a bike shop in Bermuda, a notorious tax haven with zero capital gains taxes, zero dividend taxes and zero withholding taxes.”
“He promised to spend less; he is spending $90 billion more, which is $5,400 in extra inflationary spending per household. He promised more investment, but the costly Liberal budget even admits that private investment in Canada is collapsing and that productivity has worsened in the last 10 years. He promised transparency and then delayed the public accounts, in other words, the official audited financial statements of the Government of Canada, for months for the second year in a row. He is not just breaking promises anymore; he is breaking Canada. It is no wonder the Liberal Prime Minister asked Canadians to make some sacrifices, as if Canadians have not sacrificed enough for Liberal failures. He wants to lower the expectations of Canadians and have us be content with less, because he simply is not delivering.”
“It has no accountability mechanism at all. In other words, it is not a real expenditure review; it is just a Liberal press release. The costly Liberal budget will increase gross new spending by $140 billion. Even if we take the $50-billion claim at face value, the costly Liberal budget would still increase net new spending by $90 billion. The math is simple. Even after using the Liberals' own inflated numbers, there are no savings, just bigger deficits, bigger debts and bigger burdens on Canadian families and the next generation. The Liberal Prime Minister broke every single promise he made just eight months ago. He promised to keep the deficit at $62 billion; it is at $78 billion. He promised to lower the debt-to-GDP ratio; he is raising it.”
“Since January, Canada has suffered a $62-billion net outflow of capital. It is not just people leaving; we are hemorrhaging investment, innovation, talent, factories and future employers. Investors are voting with their feet. They are losing confidence in Canada, and our productivity crisis and unemployment rate continue to worsen. Investors are warning us about the government's fiscal recklessness with their capital. We cannot build Canada strong when capital jobs and confidence are leaving faster than they arrive. (1030) The Liberals told Canadians their new so-called expenditure review would save $50 billion, but the parliamentary budget watchdog has his doubts. This so-called review lacks any detail regarding the impact on individual programs. It provides no information on how it would affect services, staffing outcomes or reporting.”
“That is how much he is costing Canadians. He will add $321 billion to the national debt over the next five years, more than twice what Justin Trudeau would have added over the same period. Federal debt now stands at $1.35 trillion, the highest in Canadian history, after the Liberal government doubled it over the last 10 years. Next year taxpayers will spend $55.5 billion in interest payments alone, more than what the government pays in federal health transfers and more than what it collects in GST revenue. That is $3,300 per Canadian household, just to pay interest on old debt, not a single dollar to be used for hospitals, schools or infrastructure, let alone for repaying any of the debt the Liberals have accumulated. Meanwhile, real GDP growth in 2025 is stalling at 1%, the second-lowest in the G7.”