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Decentralized Democracy

House Hansard - 104

44th Parl. 1st Sess.
September 28, 2022 02:00PM
Context: House Hansard - 104 - Sep/28/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Sep/28/22 2:26:07 p.m.
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Mr. Speaker, as usual, the Conservatives are not bothering to even acquaint themselves with the facts. The facts show that the federal government is currently running a surplus of $6.3 billion. The IMF forecasts that Canada will have the lowest deficit in the G7 this year. We have the lowest debt-to-GDP ratio in the G7 and our AAA credit rating was reaffirmed this year.
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Context: House Hansard - 104 - Sep/28/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Sep/28/22 2:27:26 p.m.
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Mr. Speaker, as usual, the Conservatives are not bothering to even acquaint themselves with the facts. Had they bothered to read the latest fiscal monitor, they would know that so far this fiscal year, the federal government is actually running a surplus of $6.3 billion. The IMF forecasts that Canada will have the lowest deficit in the G7 this year. We have the lowest debt-to-GDP ratio in the G7 this year, and our AAA credit rating was reaffirmed earlier this year. We believe in fiscal responsibility, and that is why we are doing this.
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