My question is for the Minister of Finance. The ongoing global economic instability and worldwide supply chain disruptions continue to negatively impact the people of Ontario. In the face of this economic uncertainty, my constituents continue to struggle with rising costs driven by higher gas prices due to the federal carbon tax. Many of my constituents express concerns about their household budgets and the unexpected rising costs of their day-to-day necessities.

Speaker, with all these concerns, could the minister please tell the House how our government is working to keep Ontario on a sound economic footing and providing continued financial relief for my constituents?

Speaker, rising expenses and continued economic uncertainty are impacting all Ontarians, including the people of my riding.

We have seen news reports about people across Canada saying they are spending less on food due to escalating prices. In the recent fall economic statement, Canada’s federal Minister of Finance, Chrystia Freeland, said, “Canada cannot avoid the global slowdown.” Just recently, the governor of the Bank of Canada also warned Canadians that we should expect more interest-rate hikes and that a mild recession is possible.

Speaker, what is our government doing to ensure that Ontario remains a jurisdiction that is viewed as economically sound and financially robust as we navigate these times of uncertainty?