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Decentralized Democracy

House Hansard - 44

44th Parl. 1st Sess.
March 23, 2022 02:00PM
Context: House Hansard - 44 - Mar/23/22
Mr. Kelly McCauley (Edmonton West, CPC)
  • Mar/23/22 5:10:21 p.m.
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  • Re: Bill C-8 
Mr. Speaker, I would like my colleague to respond to something. The members opposite talked about having this great low debt-to-GDP ratio, but I have to note that they are including money that has been set aside for CPP assets. We are the only country in the OECD that tracks money that way. According to the IMF, when we take that money out and compare us on an apples-to-apples basis, we are the 22nd worst out of 29 in the OECD and the fourth worst in the G7. I wonder if my colleague would like to address the fact that the government is not being up front with Canadians on the true debt-to-GDP level.
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