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Decentralized Democracy

House Hansard - 129

44th Parl. 1st Sess.
November 17, 2022 10:00AM
Context: House Hansard - 129 - Nov/17/22
Ms. Lena Metlege Diab
  • Nov/17/22 12:53:11 p.m.
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  • Re: Bill C-32 
Madam Speaker, I believe this fall economic statement has hit the right balance between fiscal responsibility and protecting Canadians who need to be protected. That is what we stand for on this side in government. Now, as we are talking about being fiscally responsible, I will remind the member that Canada is the third-largest AAA-rated economy in the world, only after the united States and Germany. Moody's has just reaffirmed our AAA rating, and with a deficit of 1.3% of our GDP, we have the lowest deficit among G7 countries—
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Context: House Hansard - 129 - Nov/17/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Nov/17/22 2:36:14 p.m.
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Mr. Speaker, our government's approach is absolutely compassionate. We have provided targeted support to the most vulnerable, but we have done it in a fiscally responsible way. The proof of that comes from Moody's, the ratings agency, which reaffirmed Canada's AAA credit rating just a few hours after I tabled our fall economic statement. Canada today is the third-largest AAA-rated economy in the world. We have the lowest deficit in the G7, and we have the lowest debt-to-GDP ratio in the G7. That is fiscal responsibility.
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Context: House Hansard - 129 - Nov/17/22
Hon. François-Philippe Champagne (Minister of Innovation, Science and Industry, Lib.)
  • Nov/17/22 2:48:26 p.m.
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Mr. Speaker, I thank my colleague for his question. This hon. colleague and everyone in the House should stand up for democracy. That is what we do every day by answering their questions. Politics have no place in a discussion about national security, protecting democracy and protecting our institutions. Every member of the House has the same responsibility to defend Canadian democracy every day. That is what we will continue to do on our side of the House.
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