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Economic Downturn—Government Spending

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Statement made on 25 November 2008 by Senator Terry Mercer

Hon. Terry M. Mercer:

Honourable senators, I wish to associate myself with the earlier remarks made by Senator Cochrane with respect to National Child Day. I thank His Honour for offering the use of this chamber for the events of yesterday and today. It was a wonderful couple of days in the Senate for children.

Speaking of children, the number of children in Canada living in poverty is astounding. What is even worse is that it seems the situation for children will only deteriorate. Many people, whether in the auto industry or the farming sector, are about to lose their jobs because of the state of the economy. It was reported today that food banks are overflowing not with food but with people looking for food, and there is a shortage of volunteers at those food banks.

The state of Canada's finances is in dire need of repair, and what does this Prime Minister do? Nothing. President-elect Obama, British Prime Minister Brown and most of the rest of the industrialized world is now offering help.


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