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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 2:35:46 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
Mr. Darrell Samson
  • May/6/24 5:16:17 p.m.
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Mr. Speaker, inflation has been brought safely down to 3% by the Bank of Canada, our prime rate is among the lowest ever in the history of Canada, and we have the lowest debt-to-GDP ratio in the G7. What else do they want? We are in a good, solid position to invest, and we are going to continue to invest for Canadians.
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