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Decentralized Democracy

House Hansard - 173

44th Parl. 1st Sess.
March 27, 2023 11:00AM
Context: House Hansard - 173 - Mar/27/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Mar/27/23 2:34:29 p.m.
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Mr. Speaker, since forming government, our government has reduced poverty in this country by 56%. That is 2.7 million Canadians, mostly seniors and children, who are better off because of our government. We have done that by increasing investments in affordability. These are investments in things like child care, dental care and health care. We are well positioned for the future, with our debt-to-GDP ratio and our deficit lower than those of any other country in the G7. Canadians themselves have produced over 830,000 jobs since the start of the pandemic.
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Context: House Hansard - 173 - Mar/27/23
Mr. Terry Beech (Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, Lib.)
  • Mar/27/23 2:37:04 p.m.
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Mr. Speaker, it is a pleasure to remind the member opposite that it was our government that reduced taxes for the middle class not once but twice, and reduced taxes for small businesses not once but twice. While inflation is a global phenomenon, we in Canada are very well positioned to take care of it. We have the lowest net debt-to-GDP ratio in the G7. We have the lowest deficit in the G7. That is going to allow us to continue to invest in Canadians, in good, sustainable, clean jobs, and in making life more affordable.
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Context: House Hansard - 173 - Mar/27/23
Ms. Rachel Bendayan (Parliamentary Secretary to the Minister of Tourism and Associate Minister of Finance, Lib.)
  • Mar/27/23 2:39:13 p.m.
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Mr. Speaker, I really appreciate my colleague's question. As he knows full well, inflation has continued to decline in Canada over the last eight months. We have the lowest deficit and debt-to-GDP ratio in the G7. We were able to manage Canada's finances responsibly over the last few years. We were there for Canadians in those tough times to help them make ends meet.
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