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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 8:11:24 p.m.
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Mr. Chair, sure, yes. Pardon me; now I need a minute. As my final question in respect of that debt, we have been told by the Governor of the Bank of Canada that he is going to keep raising interest rates until the unemployment rate goes up. Canadians are in need of a well-functioning employment insurance system. When can they expect to get it?
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  • May/29/23 9:06:46 p.m.
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Mr. Chair, it is obviously clear that the minister is ashamed of the government's record in choosing to issue short-term debt when rates were so low. Could the minister tell the House and Canadians what the average interest rate is that the government expects to pay on the debt that is maturing and rolling over in the next two years?
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