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Decentralized Democracy

Senate Volume 153, Issue 14

44th Parl. 1st Sess.
December 17, 2021 10:00AM
  • Dec/17/21 10:00:00 a.m.

Senator Gold: Thank you for your question. The Government of Canada is confident that the measures they have put in place — as have been outlined and will continue to be made public in the months to come leading up to the next budget — are the right measures to protect the Canadian economy from the vicissitudes and the forces buffeting it from around the world, as well as to provide a strong platform for Canada’s recovery.

[Translation]

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  • Dec/17/21 10:00:00 a.m.

Hon. Marc Gold (Government Representative in the Senate): Thank you for the question. As the minister announced and as the Economic and Fiscal Update 2021 revealed, the government has put a number of indicators in place to make sure that, despite the investments that unhappily have to continue to be made to support Canadians through this pandemic, our fiscal and economic situation remains stable and, indeed, is poised to continue to improve. These include references to debt-to-GDP ratio. The government is pleased, as the minister announced in this chamber yesterday, that the international markets and rating agencies continue to see Canada’s economy as strong and sustainable.

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