SoVote

Decentralized Democracy

House Hansard - 309

44th Parl. 1st Sess.
May 6, 2024 11:00AM
Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:21:47 p.m.
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Mr. Speaker, we have a plan to build more housing faster, but the Conservatives voted against it. We have a plan for the green industrial transition, but the Conservatives voted against it. I want to share some very good news with members, news that Canadians learned last week. Moody's has reaffirmed our AAA credit rating, the highest possible rating, thanks to our responsible fiscal policy.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:25:39 p.m.
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Mr. Speaker, a pilot project was put in place at B.C.'s request. B.C. now has serious concerns about some aspects of that. We share those concerns and are addressing them. I do want to say that I do not think there is a family in Canada that has been untouched by the tragedy of opioids. I think it is absolutely abhorrent to try to score political points off the pain of Canadians.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:31:53 p.m.
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Mr. Speaker, we have put forward a budget that invests in the things Canadians need, first and foremost, housing. We are doing that by asking those at the very top to contribute a little more. The good news is that we are doing it in a fiscally responsible way. People do not have to believe the partisans in any chair in the House. They can talk to the analysts at Moody's, who, last week, reaffirmed Canada's AAA rating, the highest that exists, with a stable outlook. It does not get better than that.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:33:15 p.m.
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Mr. Speaker, last week, Moody's reaffirmed our AAA credit rating. These are objective analysts who have pointed out that Canada has the most fiscally responsible plan in the G7. Let us talk about hypocrisy, Conservative hypocrisy. Last week, the Conservative leader wrote an op-ed asking business leaders to attack our budget. I guess that is because he does not have the courage to come out and say the truth, which is that he stands for those at the top, not regular Canadians.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:34:28 p.m.
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Mr. Speaker, I respect the member for Northumberland—Peterborough South and he is better than misrepresenting the words of the Governor of the Bank of Canada. The reality is that the Governor of the Bank of Canada, in testimony since the budget, said, “The budget does respect the fiscal guardrails that the government put in place.” He also said, “Keeping the debt-to-GDP ratio on a declining track, and importantly keeping deficits below one per cent of GDP in future years, the budget...commits to those guardrails...and that is helpful.”
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:35:46 p.m.
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Mr. Speaker, that is simply not true. I encourage people to read the testimony of the Governor of the Bank of Canada and news reports about that testimony. Here is what he said, and I am quoting precisely: “Keeping the debt-to-GDP ratio on a declining track, and importantly keeping deficits below one per cent of GDP in future years, the budget also commits to those guardrails going forward and that is helpful.” Those are the words of the Governor. People can just take a look at the transcript.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:42:30 p.m.
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Mr. Speaker, Quebeckers need investments in health care and we are making them. Quebeckers need investments in day care and early childhood centres and we are making them. Quebeckers need investments in housing and we are making them. The only thing the Conservatives know anything about are cuts and austerity, because they are afraid to raise taxes on the wealthy.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:50:40 p.m.
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Mr. Speaker, it might be a good idea for the Conservatives to talk to the Government of Quebec and to the mayors of Quebec's municipalities, because we have an agreement with Quebec to invest in housing. Quebec and the federal government both understand the importance of investing in housing and investing to help and support Quebeckers, but the Conservatives only understand austerity.
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Context: House Hansard - 309 - May/6/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/6/24 2:58:58 p.m.
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Mr. Speaker, we have a very effective, collaborative relationship with the Province of British Columbia, and it is frankly insulting to the province to suggest that the province needs to beg us for anything. The province has serious concerns about its pilot project. We share their concerns, and we are working collaboratively and effectively to address those concerns. What we are not doing is playing partisan politics with the lives of real people.
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