Mr. Speaker, I listened with interest to my colleague comment rather negatively about Canada's economy. I wonder if she is aware that her own leader, in January of this year, said “the good news is that the basic economic fundamentals of Canada are strong”.
Is she also aware of the positive view of Warren Lovely, the CIBC economist, who said:
Simply put, highly rated Canada offers safe harbour in today's global debt storm.
Few advanced economies boast stronger real GDP growth prospects--a view endorsed by our (CIBC's) economics department, a broad cross section of private sector banks, the Bank of Canada, the IMF and...the OECD.
Could the previous speaker mention one country that is better off than Canada from an economic recovery perspective?