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House Hansard - 197

44th Parl. 1st Sess.
May 15, 2023 11:00AM
Context: House Hansard - 197 - May/15/23
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/15/23 2:46:34 p.m.
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Mr. Speaker, when it comes to Canada's debt and debt-to-GDP ratio, let me quote someone whom all members of the House should trust, and that is the Parliamentary Budget Officer. At the finance committee a few weeks ago, he said, “When looking at G7 countries, Canada compares very favourably on net debt-to-GDP.” Furthermore, in his testimony, he described a conversation he had with someone from Moody's, who said that Canada's deficit should make us “quite happy because by European standards that's very low.” That is not me talking; that is the Parliamentary Budget Officer.
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Context: House Hansard - 197 - May/15/23
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/15/23 2:54:03 p.m.
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Mr. Speaker, I am not a virtual reality creation here. I am standing up in this House and very glad to answer questions about economic policy, which is delivering results for Canadians and which has Canada as the strongest economy in the G7. Let me share some facts, rather than overheated, torqued Conservative rhetoric. Canada has a AAA credit rating, which was reaffirmed by S&P after we tabled our budget. Canada has the strongest economic growth and the lowest debt-to-GDP—
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