Thank you, Madam Chair.
First of all, I want to thank my colleague Mr. Leitão. He's a great economist, and he gets it.
I think that puts this discussion in perspective.
The first thing is to look at the macroeconomic situation. I also know Canadians aren't easily fooled. They understand the macroeconomic situation very well, for sure. The International Monetary Fund was talking recently about a global fog of uncertainty. I would say Canada is like a beacon in that fog. Despite the economic integration with our neighbour to the south and this very complex, very volatile global situation, the Canadian economy is truly more resilient than people had estimated. Canadian workers and the Canadian industry are more resilient.
I know Canadians understand that. In a world filled with uncertainty, what can we do? The Prime Minister has been very clear on this: We need to focus on what we can control. What is that? We control the investments we can make at home. That's why we're making generational investments in housing, infrastructure, productivity, innovation and defence.
As Mr. Leitão knows, as a great economist, and as the International Monetary Fund has reiterated, countries that have the fiscal capacity can implement this kind of measure. In the IMF's declaration, two countries were mentioned, Madam Chair, not 10, and those were Germany and Canada. Why? Because we're the only two countries with a triple-A credit rating. It was said that if we made generational investments simultaneously in sectors that would generate economic growth, we would see the benefits.
That's what we're seeing. Our plan is working, and we are moving forward. The global macroeconomic environment certainly doesn't spare any country, but I think Canadians watching us this morning understand when we say Canada's growth is nearly double that of some of our G7 partners. It shows how resilient workers are, how resilient the Canadian economy is and how smart our investments are. We're talking about logistics corridors, doubling our exports and attracting investments here.
We're talking about developing infrastructure through agreements like the one we signed with Quebec a few days ago to inject close to $10 billion in infrastructure. This is a historic agreement to develop infrastructure in Canada, in this case in Quebec, for hospitals, but also for schools. That's the kind of thing we can do to help the Canadian economy, our workers and our industries.