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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 8:38:49 p.m.
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Mr. Chair, I know my hon. colleague is a very experienced politician, so I know she understands that budget forecasts are not made by me or by politicians, nor are they made by Finance Canada economists like Nick Leswick. They are made by economists in the private sector. There is a big difference between the private sector economic forecasts made in the fall and those made at the beginning of this year. That is why there was a change in the basic budget figures.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 8:59:48 p.m.
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Mr. Chair, the fact is that inflation is coming down in Canada. Inflation was at 8.1% in June and was 4.4% in April, and the Bank of Canada forecasts that it will be 3% this summer.
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