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Decentralized Democracy

House Hansard - 210

44th Parl. 1st Sess.
June 9, 2023 10:00AM
Context: House Hansard - 210 - Jun/9/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/9/23 11:21:08 a.m.
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Mr. Speaker, since last year, the Canadian economy has grown by 3.1%. Canadians have created close to 900,000 jobs, and 2.7 million Canadians have been lifted out of poverty. Nine million Canadians are getting access to dental care, child care costs are coming down by 50%, and, guess what, Canada has the lowest deficit in the G7. We have cut taxes for small businesses and we have cut taxes for the middle class. There is definitely more work to do, but we have the tools to make life more affordable for Canadians.
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Context: House Hansard - 210 - Jun/9/23
Hon. Greg Fergus (Parliamentary Secretary to the Prime Minister and to the President of the Treasury Board, Lib.)
  • Jun/9/23 11:24:26 a.m.
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Mr. Speaker, after peaking at 8.1% last year, the inflation rate now stands at 4.4%, and the Bank of Canada expects that to drop to less than 3% by the end of the fall. Canada delivered the strongest economic growth last year. The OECD predicts that Canada will once again have the strongest economic growth this year and next. Canadians can and should have confidence in the resilience of our economy.
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Context: House Hansard - 210 - Jun/9/23
Mr. Irek Kusmierczyk (Parliamentary Secretary to the Minister of Employment, Workforce Development and Disability Inclusion, Lib.)
  • Jun/9/23 11:30:27 a.m.
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Mr. Speaker, Canada's economy remains strong. We have experienced the strongest economic growth in the G7 over the last year. Our unemployment rate remains low, at 5.2%. We have recovered 128% of the jobs lost since the start of the pandemic. However, we are also working hard to make sure that we are looking after all workers, including those who have lost their jobs. We are making record investments in skills training and affordable housing. We are partnering with labour and industry on generational investment in the VW plant in St. Thomas and the Stellantis plant in Windsor, and we are modernizing the EI system to make sure that it is there for all workers when they need it.
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Context: House Hansard - 210 - Jun/9/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/9/23 11:50:27 a.m.
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Mr. Speaker, it is unfortunate that the Conservatives do not believe that we can fight inflation and fight climate change at the same time, yet emissions and inflation are both coming down in Canada. Canadians have created over 900,000 new jobs. We have the lowest deficit and the lowest debt-to-GDP ratio in the G7. In addition, the IMF and the OECD now both project that Canada will have the strongest economy in 2023 and in 2024. This gives us the tools we need to address affordability. Of course, we have a national housing strategy, which is the first time the federal government has invested in housing in over 30 years.
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