SoVote

Decentralized Democracy

House Hansard - 117

44th Parl. 1st Sess.
October 25, 2022 10:00AM
Context: House Hansard - 117 - Oct/25/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Oct/25/22 2:31:54 p.m.
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Mr. Speaker, Canada has the lowest net debt-to-GDP ratio among G7 countries, and Canada has the lowest deficit among G7 countries. Our deficit is hovering around 1%. That is nearly deficit zero. We have been fiscally responsible since well before the new Conservative leader was elected. In fact, we have been fiscally responsible to ensure that Canada would weather this inflationary storm better than most other countries. The inflation numbers we are seeing among our peers are much higher than we are seeing here in Canada, and in Canada, we have an affordability plan that will help Canadians.
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Context: House Hansard - 117 - Oct/25/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Oct/25/22 2:33:13 p.m.
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Mr. Speaker, many of our allies are seeing inflation at a rate above 10%. We here in Canada are faring relatively better, but we are still seeing prices rise, which is why we put forward a comprehensive affordability plan. However, I would like to get back to something the Conservative leader said in the House. He said, “It is true that dumb governments...all have inflation problems.” That statement is dangerous for many reasons. Canada is a trading nation. We export more than we import. To say that our closest trading partners are led by dumb governments is to risk harm to the economy and to millions upon millions of Canadian jobs. These are serious times. Serious times deserve—
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Context: House Hansard - 117 - Oct/25/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Oct/25/22 2:37:07 p.m.
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Mr. Speaker, being there for Canadians during the pandemic was the right thing to do. In fact, it is because of our support for Canadians that the economy has rebounded so quickly. We are seeing the results today. In a time of global economic instability, Canada has the best growth rate among our G7 peers, with the lowest deficit among them. We were fiscally responsible, while being there for each other.
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Context: House Hansard - 117 - Oct/25/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Oct/25/22 2:52:39 p.m.
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Mr. Speaker, one of the measures in our affordability plan is to provide a direct payment to low-income Canadians who are having trouble paying the rent. What was the response of the new Conservative leader? It was to say no way and let us not give anything to low-income Canadians, certainly not those peanuts. While that might be fine for the Conservative leader who does not have rent to pay and who, in fact, lives in a big mansion paid for by the Canadian taxpayer, for low-income Canadians, $500 will help them get to Christmas. For low-income Canadians, that is real money, and we are there to support those Canadians.
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Context: House Hansard - 117 - Oct/25/22
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Oct/25/22 3:01:58 p.m.
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Mr. Speaker, let me simply correct the record by saying, as I have said before, that we actually have the lowest deficit among G7 countries. It is hovering around 1%. That is almost zero deficit. Let me also come back to the importance of the measures we put in place and the importance of supporting Canadians when they needed it most. It ensured not only that Canadians continued to take home a paycheque and continued to be able to pay their rent and their mortgages, but that our economy came roaring back even stronger than it was prior to the pandemic thanks to the smart investments we made and the fiscal responsibility we still maintain today.
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