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Chandra Arya

Member of Parliament
Member of Parliament
Liberal

Nepean
Ontario
Voting Attendance: 67%
Expenses Last Quarter: $104,578.46

Government Page

Context: House Hansard - 302 - Apr/18/24

Apr/18/24 12:05:50 p.m.
Watch

Mr. Speaker, the member mentioned the fiscal issues. I would like to remind him that Canada has the lowest deficit-to-GDP ratio and lowest net debt-to-GDP ratio among all the G7 countries. In fact, Canada not only has a AAA credit rating, but it is also one of only two G7 countries that has a AAA rating from two of the three independent credit agencies. Quebec has shown the solid move from the carbon-heavy economy to a clean economy. Quebec has very advanced manufacturing and knowledge-based companies. Does the member not recognize the importance this budget has given to knowledge-based companies and specifically how it would help Quebec companies, for example in artificial intelligence, with a $2-billion fund for the AI compute access fund, $200 million for artificial intelligence start-ups, and help for crucial sectors, such as agriculture, health care and manufacturing, to adopt artificial intelligence?

154 words

Context: House Hansard - 272 - Jan/31/24

Mr. Chandra Arya (Nepean, Lib.)

Jan/31/24 6:47:24 p.m.
Watch

Madam Speaker, I listened attentively to the hon. member's speech and to his background in the financial sector. On inflation and interest rates, many people in Canada seem to think they are the responsibility or shortcomings of the federal government. Does he not appreciate that the inflation rate is a global inflation rate? All the G7 countries are experiencing that. Interest rates are high in every single G7 country. Compared to many other G7 countries, our economic growth, including the latest numbers that came out yesterday or today, in the GDP growth rate shows that we will not go into a recession but are going to manage a soft landing. Does he not agree that Canada is doing pretty well compared to our G7 partners in all metrics of the inflation rate, the interest rates and the economic growth that we are witnessing?

144 words

Context: House Hansard - 258 - Nov/29/23

Mr. Chandra Arya (Nepean, Lib.)

Nov/29/23 5:55:01 p.m.
Watch

Madam Speaker, we have signed many free trade agreements across the world, covering about 61% of the world's GDP. If there is one Canadian sector that uses all these free trade agreements, leverages them and takes advantage of them to export, it is the Canadian agriculture and agri-food sector, which has made Canada the fifth-largest exporter in the world. I agree with the hon. member that we need more processing in the manufacturing sector than in the last 20 years across our economy. The share of our manufacturing sector is going down. One of the problems I hear from entrepreneurs who want to set up processing facilities is that we do not have the skilled workers available to work in processing facilities, from maintenance technicians to skilled workers to production workers. Does the member agree with this assessment?

141 words

Context: House Hansard - 240 - Oct/26/23

Mr. Chandra Arya

Oct/26/23 4:39:09 p.m.
Watch
Re: Bill C-34

Mr. Speaker, the hon. member is exactly right. The 15 trade agreements we have signed with 51 countries, covering 61% of the world's GDP, show the world that Canada is an attractive place for foreign investment. We want to attract foreign investments that are strategic, that promote innovation and that provide high-quality jobs in Canada. We are always open to that. However, this particular bill focuses on investments that affect national security.

74 words

Context: House Hansard - 207 - Jun/6/23

Mr. Chandra Arya

Jun/6/23 12:49:34 p.m.
Watch
Re: Bill C-47

Madam Speaker, these are challenging times in the challenging world we live in. Considering all of the things happening around the world and considering inflation, which is affecting almost every other country in the world, we are taking very prudent steps in managing the fiscal aspects of our economy. We continue to have the lowest deficit-to-GDP ratio in the G7. We continue to have the lowest net debt-to-GDP ratio among G7 countries. That is due to the prudent approach we have adopted in the last eight years, which we continue to focus on.

97 words

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Member of Parliament

Chandra Arya