SoVote

Decentralized Democracy

House Hansard - 325

44th Parl. 1st Sess.
June 5, 2024 02:00PM
Context: House Hansard - 325 - Jun/5/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/5/24 2:38:56 p.m.
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Mr. Speaker, I thought that the NDP shared our concerns about the cost of living. That is why I find it surprising that the NDP does not want to discuss the Canadian economy. The reality is that today we have good news. The Bank of Canada has decided to lower the key interest rate. It is our responsible economic plan that created the conditions to make this happen.
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Context: House Hansard - 325 - Jun/5/24
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/5/24 2:47:16 p.m.
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Mr. Speaker, I am glad that the Conservatives are finally asking a couple of questions that are at least in the neighbourhood of the economy. The next step for them is to recognize how significant today is. Today is the day that Canada, first among the G7, lowered interest rates. It is the first time rates have gone down since COVID. This is a tremendously important day for Canada, and it is our responsible economic plan that has made it possible.
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Context: House Hansard - 325 - Jun/5/24
Mr. Adam van Koeverden (Parliamentary Secretary to the Minister of Environment and Climate Change and to the Minister of Sport and Physical Activity, Lib.)
  • Jun/5/24 2:51:55 p.m.
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Mr. Speaker, unfortunately, for the Conservatives, that is not what the PBO said. The Parliamentary Budget Officer issued a report, about a month and a half ago, saying that he accidentally overestimated the economic impact of the carbon price on Canadians. I would like to re-emphasize for Canadians that eight out of 10 Canadians get more money back through the Canada carbon rebate than they pay in the price on pollution. As a reminder, the next payment for the Canada carbon rebate will go out on July 15 in the summer.
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Context: House Hansard - 325 - Jun/5/24
Hon. Jean-Yves Duclos (Minister of Public Services and Procurement, Lib.)
  • Jun/5/24 3:11:10 p.m.
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Mr. Speaker, I have already answered that question several times. A question that has not been answered, however, is why are the Conservatives not sharing today's good news about the interest rate being lowered for the first time in four years, a first among G7 countries? That was possible not only because we have responsible management from a fiscal, economic and social standpoint, but also because Canada, in 2025, is going to have the strongest economic growth of all the G7 countries. We have made investments in dental care, in health care, in child care across Canada, and in particular in Quebec, as well as in housing, including in my own riding, Québec.
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