With Canada having one of the lowest net debt-to-GDP ratios in the G7 and one of the smallest deficit-to-GDP ratios in the G7, how does Canada compare to other G7 countries and OECD peers in terms of our fiscal capacity?
I will ask the Department of Finance this: In your opinion, how do we compare with other G7 countries in terms of our fiscal capacity, our ability to borrow? I would think, based on what I've read and from my experience, that Canada is seen as one of the more trusted countries, with the oversight of the Office of the Auditor General and the comptroller general and with the fact that for decades the finances of the country have been presented fairly and accurately.