44th Parl. 1st Sess.
February 1, 2022 10:00AM
- Feb/1/22 2:22:14 p.m.
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Mr. Speaker, the Conservatives continue to push a false narrative to talk down the Canadian economy. I want to use this opportunity to share good news.
Yesterday, Statistics Canada published new data showing that our GDP increased by 0.6% in November. That means that by the time omicron emerged, our economy had completely recovered from the COVID-19 recession.
I congratulate Canadians and thank them for their—
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- Feb/1/22 2:23:24 p.m.
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Mr. Speaker, once again, the Conservatives continue to focus on their own partisan interests—it is easy to see why—and talk down the Canadian economy. The truth is, Canada's economic potential just keeps growing. In fact, the IMF recently projected that Canada would have the second highest growth rate in the G7.
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- Feb/1/22 2:24:28 p.m.
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Mr. Speaker, I want to point out to my esteemed hon. colleague that Madame Tremblay is not the only one grocery shopping. Ms. Freeland does it every week for her family too.
For us, for our government, facts and data are important. It is important to note that inflation in Canada is below the G7 average, the G20 average and the OECD average.
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- Feb/1/22 2:25:45 p.m.
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- Re: Bill C-2
Mr. Speaker, the people who should be apologizing to Canadians are the Conservatives, because before Christmas, just as the omicron wave was rising, it was the Conservatives who voted against Bill C-2.
It is thanks to Bill C-2 and the lockdown provisions in Bill C-2 that we are, today, able to pay small businesses, grocery stores and restaurants that are suffering under lockdown restrictions and are able to support them. Thank goodness the Conservatives failed before Christmas.
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- Feb/1/22 2:27:07 p.m.
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- Re: Bill C-2
Mr. Speaker, if there is anyone in the House who needs to apologize to Canadians, it is the Conservatives who voted against Bill C-2 and those provisions that are supporting so many businesses and people.
When it comes to jobs, our government has understood from the very beginning that having a job is the foundation of the economic well-being of the vast majority of Canadians. That is why we focused on getting the jobs back, and that is why I am so pleased we have recovered 108% of the jobs lost to the COVID recession.
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- Feb/1/22 2:29:47 p.m.
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- Re: Bill C-2
Mr. Speaker, I thank the leader of the Bloc Québécois for his question and I also want to wish him a happy new year.
I was initially talking about Bill C‑2. I also want to thank the Bloc MPs for supporting this bill, which has become so important for small and medium-sized businesses and individuals.
I totally agree with the leader of the Bloc that it is important for all of us to be able to do our work as members of the House. We must and will support the authorities—
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- Feb/1/22 2:33:57 p.m.
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Mr. Speaker, I know that Canadians, unlike the Conservatives, understand that inflation is a global phenomenon.
Here are some numbers to back that up. The latest inflation rate in Canada was 4.8%; in the U.S., 7%; in Germany, 5.3%; in the U.K., 5.4%. The OECD average is 5.8%; the G7 average is 5.3%; the G20 average is 5.8%
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- Feb/1/22 2:36:55 p.m.
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- Re: Bill C-2
Mr. Speaker, how can they honestly rise in the House? That is a question that the Conservatives should be asking themselves.
Before Christmas, the Conservatives voted against Bill C-2. It is only thanks to Bill C-2 and the fact that our government looked ahead to the future that we can support small and medium-sized businesses and Canadians today.
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- Feb/1/22 2:38:15 p.m.
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Mr. Speaker, when people do not have facts to rely on, they lean on false narratives, and that is all we have been hearing today. Let me tell the truth about what is happening in the Canadian economy.
Our GDP in the third quarter was 5.4%, higher than that of the U.S., the U.K. and Japan, and the November numbers show we have now fully recovered the GDP to pre-COVID levels. Jobs are up 108%, ahead of where they were before COVID. Moody's and S&P have both reaffirmed Canada's AAA rating—
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- Feb/1/22 2:39:42 p.m.
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Mr. Speaker, facts are facts. Facts are not a talking point. Let me underscore that the data released by Statistics Canada today shows that in November our GDP grew by 0.6%. That is the sixth consecutive month of growth. This is a real milestone because it shows that our GDP has now exceeded where it was before the pandemic, which caused the deepest recession since the Great Depression.
I would like to congratulate Canadians for their resilience.
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- Feb/1/22 2:41:00 p.m.
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Mr. Speaker, it is really interesting today to hear the Conservatives criticizing government spending. It was just a few months ago when we were on the campaign trail, and they proposed spending in their platform. When they finally got around to releasing it this fiscal year, that amount was higher than what we proposed.
The Conservatives proposed a $168-billion deficit, more than $10 billion above ours. Will the party of flip-flops let Canadians know what they really stand for today?
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- Feb/1/22 2:53:49 p.m.
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- Re: Bill C-2
Mr. Speaker, I would like to thank the hon. member for her question and for her hard work for her constituents. Thanks to Bill C-2, we now have the Canada worker lockdown benefit. This ensures that workers affected by new public health restrictions are receiving immediate financial support.
We also have the local lockdown program, which provides businesses faced with omicron lockdowns imposed by local jurisdictions with wage and rent subsidy support. Unfortunately, both the Conservatives and the NDP voted against these essential support measures, but I am glad we were able to put them in place to support Canadians.
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- Feb/1/22 3:02:33 p.m.
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Mr. Speaker, Canadians are smart, and that is why I know that Canadians, unlike the Conservatives, understand that inflation is a global phenomenon. Let me give some numbers to back that up. The latest inflation number in Canada was 4.8%. In the U.S. it was 7%; in Germany, 5.3%; and in the U.K., 5.4%. Our inflation is lower than the G7 average of 5.3%, the G20 average of 5.8% and the OECD average of 5.8%.
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- Feb/1/22 3:05:01 p.m.
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Mr. Speaker, we have been hearing over and over again today, and many other days, a false narrative from the Conservatives, who seem absolutely determined to talk down Canada and the Canadian economy. The reality is that Canadians have handled COVID and the COVID recession with remarkable strength and resilience. Thanks to that resilience, 108% of jobs have been recovered. Thanks to that resilience, back in November we exceeded pre-COVID GDP. This was the deepest economic crisis since the Great Depression.
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- Feb/1/22 3:08:59 p.m.
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Mr. Speaker, as I have already pointed out, and as Canadians understand very well, inflation is a global phenomenon driven by global challenges, like congested supply chains and the fact that there have been very significant crop challenges around the world.
There are concrete things we can do to make life more affordable for Canadians, like building affordable housing and early learning and child care. That is why I am so astonished that the Conservative Party opposed our early learning and child care plan, which the Province of Alberta has now done a deal with us on.
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