Philip Lawrence at the Finance Committee

On October 30th, 2023. See this statement in context.

October 30th, 2023 / 5:10 p.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

For sure. Hopefully, next year inflation won't be as big a concern as it is this year.

Just to reiterate what you said there, it would be 60 basis points or 0.6%. Currently, the inflation rate is at 3.8%, so that equates to almost 15%, if I can do the math quickly.

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