44th Parl. 1st Sess.
March 30, 2022 02:00PM
- Mar/30/22 2:23:33 p.m.
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Mr. Speaker, the Conservatives continue to talk down the Canadian economy and spin economic fiction.
I would therefore like to share with the House some very important facts.
First, according to StatsCan, our GDP grew at an annualized rate of 6.7%. Second, we are poised to be the fastest growing economy in the G7 next year. Third, our economy is the second fastest growing in the G7 this year, and fourth, despite the omicron variant, our GDP is back to prepandemic levels.
Those are the facts.
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- Mar/30/22 2:25:15 p.m.
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Mr. Speaker, I suspect that many Liberal members were not consulted on this NDP budget.
Inflation is at record highs. Small businesses are struggling with the price of gas. Families are struggling to pay the grocery bill.
In 1995, finance minister Paul Martin said, “If our purpose is to get the economy right, we need to redesign the role of the government in the economy to fit the size of our pocketbook and the priorities of our people.”
Does the Minister of Finance now realize that selling her soul to the NDP in exchange for a majority will hurt the Canadian economy?
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- Mar/30/22 2:32:01 p.m.
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Mr. Speaker, building a fairer, more inclusive economy that works for all Canadians has been a central focus of our government from the beginning, and while we appreciate the intent behind the previous NDP motion and the hon. member's question, let us remember all the things we have done for the middle class. We provided more pandemic supports for Canadians and businesses in Bill C-2, and the NDP voted against it. We raised taxes on the wealthiest 1% and lowered them for the middle class. We stopped the Canada child benefit from going to millionaires and it benefited nine out of 10 Canadians.
There is much that we have done for Canadians on affordability. We will keep doing more.
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- Mar/30/22 2:32:57 p.m.
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Mr. Speaker, I thank my hon. colleague for his question on the need to build a more just and more inclusive economy for all Canadians. That has been the focus of our work ever since we formed government.
We only have to look at all the measures we have taken to make life more affordable for Canadians: We provided support to Canadians during the pandemic with Bill C‑2; we raised taxes on the wealthiest 1% and we cut them for the middle class; we increased the Canada child benefit. That is making life more affordable.
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- Mar/30/22 2:43:24 p.m.
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Mr. Speaker, I would reiterate again that pollution pricing works not only to reduce pollution but to drive innovation and help create the clean economy of tomorrow, which is jobs. I know the hon. member wants to create jobs in this country. This means billions in economic development and good jobs today and tomorrow.
We know where the economy of the world is headed. It is to low-carbon energy. The Conservatives are stuck in the past. We are looking toward the future.
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- Mar/30/22 3:06:26 p.m.
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Mr. Speaker, the Conservatives continue to talk down the Canadian economy and spin economic fiction. Let us deal in facts. StatsCan showed that our GDP grew by 6.7% in Q4. Our economy is the second fastest growing in the G7 this year. We are poised to be the fastest growing economy in the G7 next year, and despite the challenges of omicron, our economy's GDP is back to prepandemic levels.
The other side can spin economic fiction. Those are the facts.
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