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Decentralized Democracy

House Hansard - 92

44th Parl. 1st Sess.
June 20, 2022 11:00AM
  • Jun/20/22 2:33:00 p.m.
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Mr. Speaker, let us take a look at the facts. The Conservatives ran on a platform to spend $168 billion. I am glad they did not get elected. That would have been irresponsible. Let us look at the economy. Let us look at the fact that we have a GDP that grew 5.6% in Q1. This fall, S&P and Moody's again affirmed our AAA credit rating, and 3.5 million jobs have been recovered since the worst part of the pandemic, which is ahead of the United States. Also, we have the lowest unemployment rate, at 5.1%, since 1976. The economy is doing well. The Conservatives do not like it, but we sure do.
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  • Jun/20/22 2:45:53 p.m.
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Mr. Speaker, I appreciate my hon. colleague's perspective on the matter, but let us actually take a look at the economic fundamentals of this country. Our GDP grew 6% in Q1, making us the second-fastest-growing economy in the G7 and on track to be the fastest-growing economy in the G7. We have a AAA credit rating in place. We have recovered 115% of three million jobs lost, which is a faster recovery than our colleagues in the United States have achieved, and we have a trade surplus of over $6 billion. The Conservatives do not like it that the economy is doing well. Canadians do, and that is why we will focus on affordability.
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