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Decentralized Democracy

House Hansard - 12

44th Parl. 1st Sess.
December 7, 2021 10:00AM
Context: House Hansard - 12 - Dec/7/21
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Dec/7/21 2:46:30 p.m.
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Mr. Speaker, the Conservatives continue to irresponsibly fearmonger and try to talk down the Canadian economy. The fact is that our Q3 GDP was 5.4%, beating market expectations and surpassing the U.S., Japan, the U.K. and Australia. We have now recovered 106% of the jobs lost to the COVID recession, compared with just 83% in the U.S. In the fall, Moody's and S&P reaffirmed our AAA credit rating.
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Context: House Hansard - 12 - Dec/7/21
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Dec/7/21 2:50:34 p.m.
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Mr. Speaker, the Conservatives continue to talk down Canada's strong economic recovery following the COVID-19 recession. Perhaps that is because we did a better job than they did in 2008 when they were in office. Canada has already recovered more jobs than those that were lost during the COVID-19 recession. By way of comparison, it took nearly eight months more to recover jobs after the 2008 recession.
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Context: House Hansard - 12 - Dec/7/21
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Dec/7/21 3:04:43 p.m.
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Mr. Speaker, let me share some more good economic news, as the Conservatives seem determined to talk down the Canadian economy. The OECD, in its economic outlook for December, noted that not only does it expect our recovery to be the second fasted in the G7, but our net debt-to-GDP ratio is expected to decline and remain the lowest in the G7. Canada is recovering and Canadians should be proud of it.
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Context: House Hansard - 12 - Dec/7/21
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Dec/7/21 3:05:56 p.m.
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Mr. Speaker, I can say one thing that all members of the House, including the members opposite, could do this week for the tourism and hospitality sector. That is to help us pass Bill C-2. This legislation is there to help precisely those tourism businesses. We understand that omicron is here. We understand those businesses need support. However, what I do not understand is why the Conservatives, who allegedly care so much about these vital small businesses, do not want to actually help them.
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