Mr. Chair, in March 2019, the rating agency Fitch issued a warning about Canada's overall government debt level. They said that Canada's gross general government debt remains close to a level that is “incompatible with 'AAA' status”.
Now we all know what that means. If our credit is downgraded, that will mean taxpayers will pay more to service the cost of that debt.
Can the Prime Minister tell the House how much it will cost Canadians in additional debt-servicing charges if Canada's credit rating is downgraded?