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Decentralized Democracy

House Hansard - 197

44th Parl. 1st Sess.
May 15, 2023 11:00AM
  • May/15/23 2:21:20 p.m.
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Mr. Speaker, the Conservatives continue to relentlessly talk down Canada and the Canadian economy, but on this side of the House, we believe in Canada and we know that Canada has the best economic performance of any country in the G7. Let me give some facts to back that up. After we tabled the budget, S&P reiterated our AAA credit rating. That makes Canada one of only three countries in the G7 with an AAA credit rating—
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  • May/15/23 2:22:44 p.m.
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Mr. Speaker, it is important to refer to the figures and to understand that Canada has the strongest economy in the G7. Let me provide some facts to back that up. For example, in the first quarter of this year, Canada's economic growth was 2.4%. Canada has now recovered 129% of the jobs that were lost during the pandemic, while the United States has recovered only about 115%.
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  • May/15/23 2:24:12 p.m.
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Mr. Speaker, last week I was very proud to be in Japan at the G7 finance ministers meeting. It is important for Canadians to understand that Conservatives seem to think that Canada's Minister of Finance should not attend international meetings. If that is what the Conservatives think, they should tell Canadians the truth. As for the Canadian economy, we have the strongest economy in the G7 thanks to the hard work of Canadians and our government.
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  • May/15/23 2:39:50 p.m.
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Mr. Speaker, once again, I have a question for the Conservatives. Are they considering an isolationist policy for Canada? Are they proposing that Canada not attend G7 meetings? With regard to Washington, are the Conservatives proposing that we not attend meetings at the White House? Is that the Conservatives' policy? On this side of the House, we understand that Canada exists in an interconnected global economy and we must—
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  • May/15/23 2:55:54 p.m.
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Mr. Speaker, as I said, the finance minister is appearing tomorrow, so it does seem ridiculous for her to keep standing and saying she is going to be there. However, I do want to come back to their questioning as to why the finance minister of a G7 country would participate in G7 meetings. It may be because we live in an interconnected economy. When the Conservatives were dealing with such issues as climate change, they went to world forums to attack action on climate change and to drag other countries out of doing the essential work of protecting our planet. We talk to other countries' leaders because we understand that we live in an interconnected world.
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