SoVote

Decentralized Democracy

House Hansard - 153

44th Parl. 1st Sess.
February 3, 2023 10:00AM
Context: House Hansard - 153 - Feb/3/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Feb/3/23 11:19:34 a.m.
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Madam Speaker, our plan not only makes life more affordable for Canadians but is also fiscally responsible. We have confirmed our AAA credit rating. We have recovered 121% of jobs lost during the pandemic, while the United States has only recovered 106%. We have maintained the lowest deficit and the lowest net debt-to-GDP ratio in the G7. That positions us very well to get inflation under control, improve affordability and make sure that we create good, sustainable jobs for Canadians.
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Context: House Hansard - 153 - Feb/3/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Feb/3/23 11:56:38 a.m.
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Madam Speaker, first of all, we have lowered taxes for middle-class Canadians twice. We have lowered taxes for small businesses twice, and it is important that the opposition understands that inflation is—
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Context: House Hansard - 153 - Feb/3/23
Mr. Terry Beech
  • Feb/3/23 11:57:01 a.m.
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Madam Speaker, I would love to restart my answer because it gives me a second opportunity to talk about how we have lowered taxes for middle-class Canadians twice. We have lowered taxes for small businesses twice. When it comes to global inflation, it is, in fact, global. It is too high in Canada, at 6.3%, but it is higher for our economic peers. It is 6.5% in the United States. It is over 9% in Europe. It is over 10% in the OECD. We should be encouraged that inflation is actually coming down in Canada. We have a strong fiscal framework that allows us to invest in affordability, in good, clean jobs and in making sure that we build an economy that works for everyone.
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Context: House Hansard - 153 - Feb/3/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Feb/3/23 11:59:43 a.m.
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Madam Speaker, Canada is working and Canadians are working. In fact, they are working in record numbers. Over 659,000 jobs have been created since the pandemic. That is what allows us to invest in making life more affordable by protecting and increasing retirement security for seniors, and by investing in dental care for children. I have good news on that front. I am happy to report today that over 152,000 children under the age of 12 have been able to go to the dentist because of the investment we made. That is lifting a burden off Canadian parents.
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