We focused more on Canada's debt-to-GDP ratio. The situation of the United Kingdom is much more difficult than ours because that country's debt-to-GDP ratio is much higher than Canada's. Its expenditures-to-GDP ratio is also higher than Canada's. We explained that it was very important for Canada to invest in the future to improve our growth rate. This was received with great enthusiasm.
On November 28th, 2016. See this statement in context.