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House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/29/23 7:56:49 p.m.
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Mr. Chair, one of the things we have paid a lot of attention to in the budget, and in all of our budgets, is making investments that increase Canada's economic capacity, and we believe that investments that do that can actually be anti-inflationary.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:58:51 p.m.
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Mr. Chair, whether spending is inflationary depends obviously on the macroeconomic conditions of the moment and on how the programs are designed and delivered.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:59:09 p.m.
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Mr. Chair, again, as I know the member for Elmwood—Transcona knows, everything depends on how programs are designed, and everything depends also on the macroeconomic conditions of the moment. If I talk to someone from Japan, they are keen to have inflationary spending, because they have been in a deflationary spiral for a long time.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 8:00:04 p.m.
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Mr. Chair, sure, I absolutely recognize that very many different types of spending can be inflationary or not, depending on the overall macroenvironment in a country and in the world and depending on how that spending is structured.
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