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Decentralized Democracy

House Hansard - 251

44th Parl. 1st Sess.
November 20, 2023 11:00AM
Context: House Hansard - 251 - Nov/20/23
Ms. Rachel Bendayan (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Nov/20/23 2:38:17 p.m.
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Mr. Speaker, let us speak about balance, because our government believes that we can balance compassion with fiscal responsibility, and that is what we have shown to date. Canada continues to have the lowest deficit among all G7 countries. Canada continues to have the lowest debt-to-GDP ratio among all G7 countries. The very report that the member is citing states that the major drivers of interest rate increases were COVID supports and provincial spending. It was not federal spending, but provincial spending. We will not apologize for having Canadians' backs while being responsible.
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