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Decentralized Democracy

House Hansard - 24

44th Parl. 1st Sess.
February 4, 2022 10:00AM
Context: House Hansard - 24 - Feb/4/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Feb/4/22 11:36:38 a.m.
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Mr. Speaker, Canadians understand that inflation is a global phenomenon. Here are some numbers that prove it: Canada's latest inflation rate was about 4.8%. In the U.S., it was 7%. In Germany, it is over 5%. I would note that our inflation rate is lower than the G7 average, the G20 average and the OECD average.
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