Paul Martin on Taxation

In the House of Commons on December 14th, 1994. See this statement in context.

TaxationOral Question Period

December 14th, 1994 / 2:25 p.m.

LaSalle—Émard Québec

Liberal

Paul Martin LiberalMinister of Finance and Minister responsible for the Federal Office of Regional Development-Quebec

Mr. Speaker, it is a matter of public record and was set out in the House of Commons finance committee. Each one per cent increase in interest rates costs the nation $1.7 billion on an annual basis.

See context to find out what was said next.