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House Hansard - 56

44th Parl. 1st Sess.
April 8, 2022 10:00AM
Context: House Hansard - 56 - Apr/8/22
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Apr/8/22 11:33:07 a.m.
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Mr. Speaker, Canada has the strongest labour market recovery in the G7, having recouped 115% of the jobs lost during the pandemic. This includes 73,000 jobs in March, which has pushed Canada's unemployment rate to 5.3%. That is the lowest unemployment rate that Canada has seen in more than 50 years. Budget 2022 builds on this success by unwinding Canada's pandemic deficits and continuing to reduce our debt-to-GDP ratio, while working to fight climate change and, yes, investing in housing affordability.
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