Mr. Speaker, who wants to be trillionaire?
Wednesday's Statistics Canada report shows that Canada is now part of the elite group of countries whose gross domestic product exceeds $1 trillion. In fact, our economy is booming beyond expectation. “There was not a single weak spot” noted TD Bank economist Marc Levesque. “I don't see how it could be any better” said Royal Bank economist John McCallum.
Thanks to strong exports, strong gains in business spending, an increase in domestic spending and an overall booming economy, Canada is entering the new millennium with a bang. A trillion dollars is a phenomenal number given our small population. Canadians can look forward to continued growth in our new economy. Our economy is broad based with healthy gains in virtually all areas. What can I say? When you're hot, you're hot.