Michael Kram at the Public Accounts Committee

On November 18th, 2022. See this statement in context.

November 18th, 2022 / 2:25 p.m.

Conservative

Michael Kram Conservative Regina—Wascana, SK

Thank you very much, Mr. Chair.

I would like to go back to Mr. Leswick on the topic of debt-to-GDP ratios. The Bank of Canada has raised interest rates several times this year. Can you explain what the effect of rising interest rates would be on Canada's debt-to-GDP ratio?

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