At the end of October, the federal Finance Minister Bill Morneau presented the Fall Economic Statement to the House of Commons. This update confirmed that the government is borrowing large amounts of money to pay for their spending. The update shows that the federal government has borrowed $20 billion this year. I am deeply concerned about the level of deficit spending we are seeing in Ottawa and I am also troubled by the government’s desire to raise taxes on Canadians.
Early in January, I will be conducting my annual pre-budget consultation with our community. I encourage you to contact me with your thoughts and feedback about the next budget. I will be submitting the views of our community directly to the Minister of Finance.
I will continue to work hard for you in Ottawa and ensure that this government is answering the tough questions of how they will help our community with their economic policies.
I would also like to extend to you and your family my best wishes for a wonderful New Year, a Merry Christmas and Happy Holidays.