Basically, we have a solid aspect and a fragile aspect.
As Mr. Gasparro said, compared to other countries on the international stage, Canada has many strengths. However, it faces unprecedented risks. We're starting to see an increase in debt, which limits the country's ability to address these risks in the future.
My role isn't to say whether the debt level is right or wrong. My role is to support you and to see whether a per capita debt of $35,000 is right for Canadians.
I can refer to a study from the International Monetary Fund. It shows that Canada differs from other countries in the sense that Canadians don't have a clear idea of the per capita debt level. Moreover, this gap for Canadians is greater than the gap in other countries.
It's fair to say that we're in a good position among the G7 countries. Yet that isn't the whole story. Canadians must decide whether they're comfortable with the debt amount and the change in that situation.
