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Decentralized Democracy

House Hansard - 53

44th Parl. 1st Sess.
April 5, 2022 10:00AM
Context: House Hansard - 53 - Apr/5/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/5/22 2:31:49 p.m.
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Mr. Speaker, while the other side continues to undersell what Canadians have accomplished, there is genuine good news to share across the land. Our GDP grew for eight consecutive months. We have recovered 3.4 million jobs lost in the pandemic. We have the lowest debt-to-GDP ratio in the G7. The Canadian economy is resilient. Canadians are resilient. The economy is getting back on track. The other side might not like economic growth, but the government certainly does, and so do Canadians.
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Context: House Hansard - 53 - Apr/5/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/5/22 2:38:45 p.m.
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Mr. Speaker, let us talk about the state of the economy and why it is good news for Canadians. We have had eight consecutive months of growth. Our GDP grew by 6.7% in the fourth quarter. Our trade surplus, now $6.6 billion, is at its highest point since 2008. This fall, S&P and Moody's gave us a AAA credit rating. That is what leadership means. That is what it means to focus on affordability. The other side does not like a growing economy, but we like it a lot.
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Context: House Hansard - 53 - Apr/5/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/5/22 3:06:28 p.m.
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Mr. Speaker, in this particular case, like other taxes and benefits, the alcohol excise duty rate is automatically adjusted every year to inflation, as requested by the industry, for predictability and stability. It allows the industry to predict the prices in future years. This increase is less than one-fifth of a penny per can of beer. There are specific measures that we take into account for other alcohol substances. These industries are important for tourism, and the tax that is part of it is important for the treasury.
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