Hon. Claude Carignan: My question is for the Government Representative in the Senate. Last week at the Standing Senate Committee on Banking, Trade and Commerce, David Dodge, the former governor of the Bank of Canada, said:

[English]

Since the great financial crisis, and particularly since 2015, we’ve had a miserable record of low levels of investment, weak productivity growth, both of which are well below most of our G7 counterparts and many of our OECD countries.

[Translation]

Can the Government Representative explain to us what has happened since 2015 that could explain why investments have declined so much?

Hon. Marc Gold (Government Representative in the Senate): Thank you for the question. I don’t have that information on investments. However, I would like to note that the Canadian economy in general is doing very well. We have returned to pre-pandemic levels with a 6.7% growth rate in the last quarter of 2021.

As far as investments are concerned, I will make some inquiries and come back with a response as soon as possible.