The House devoted the largest share of its sitting to debate on budget 2026 under Government Orders. Parliamentary Secretary to the Minister of Finance and National Revenue Ryan Turnbull told the House the plan sticks to fiscal anchors, reaches one anchor a year early and uses an investment supercycle to attract capital while preserving a AAA credit rating. Conservative MP Greg McLean replied that the government is spending Canadians' future with slogans such as "Masters of our destiny," and Bloc Québécois MP Yves Perron warned the productivity mega deduction would sell natural resources at a discount to foreign interests.
Question Period featured repeated exchanges on the same budget. Conservative MP Michael Chong said debt interest will reach $85.5 billion a year by 2030 and asked what the government would do in another crisis. Turnbull answered that Canada has the fastest-growing economy in the G7 and is exceeding its fiscal guardrails. Conservative MP John Brassard pressed on the $2.3-billion Telesat contract and whether the Prime Minister had discussed it with ministers or staff, and Parliamentary Secretary to the Minister of Transport Mike Kelloway replied that all members follow the rules.
Conservative MP Dominique Vien asked why the government would not cut fuel taxes instead of adding $151 billion in spending, and Parliamentary Secretary to the Minister of Housing and Infrastructure Caroline Desrochers pointed to recapitalization of Build Canada Homes and a $45-billion homelessness initiative.
Summarized from the Hansard record of sitting No. 164, 242 interventions. Full Hansard