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Decentralized Democracy

House Hansard - 260

44th Parl. 1st Sess.
December 1, 2023 10:00AM
  • Dec/1/23 11:19:15 a.m.
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Madam Speaker, while the Conservatives continue to talk down the Canadian economy, I would like to take the opportunity to remind them about some of the key results of our economic plan so far. Canada is working because Canadians are working. Our GDP today is actually 4.1% above prepandemic levels. That is higher than Italy, the European Union, France, the U.K. and Germany. The IMF projects that Canada will have the highest economic growth in the G7 in 2024. I would note that this is the same report that showed significantly upward revision in Canada's growth over the second quarter.
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  • Dec/1/23 11:19:53 a.m.
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Madam Speaker, they can talk all they want but the plan is not working. We have never spent so much in this country to achieve so little. Government spending went up by more than 7% and the economy still shrank by 1.1%. We have the lowest GDP per capita growth today and for the next 40 years of any advanced economy, according to their own budget. Canadians get higher taxes, higher spending and more regulation. They are getting poorer. Why do they think that plan is working for Canadians?
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  • Dec/1/23 11:57:14 a.m.
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Madam Speaker, the Liberals love to bury the very real hardships of Canadians in ridiculous non-answers such as that. The per capita GDP numbers represent the real world, where Canadians actually live and where they are getting to be worse off. It has not been this bad since the Trudeau economic rampage of the 1970s and 1980s, which took us decades to recover from. Does anyone over there have the courage to look the Prime Minister in the eye and tell him that following the Trudeau economic blueprint is destroying our economy?
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