European Bailouts with Canadian Tax Dollars?

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June 7, 2012

Mr. Pierre Poilievre (Nepean—Carleton, CPC):

Mr. Speaker, yesterday the NDP leader attacked our government for refusing to provide a bailout to European debtor nations with Canadian tax dollars. However, many of them have governed abroad the way the NDP and Liberals would govern at home.

Greek and Portuguese debt has been downgraded to junk. Nine other euro-currency countries have now been reduced in their credit status. They have taxed to the max, borrowed to the brink and are seeking a bailout to continue spending what they do not have. They will not get it from Canada.

This Prime Minister will not force hard-working Canadian taxpayers to bail out sumptuous European welfare state countries and the wealthy bankers that lend to them. Under our government, Canadian money will stay in the Canadian economy to create Canadian jobs.

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