Mr. Speaker, Canada has the lowest debt-to-GDP ratio of any G7 country by far.
As I mentioned, we have taken concrete action to help Canadians better manage their money. We introduced credit card reforms to ensure that Canadians have access to important information. We strengthened mortgage rules to protect Canadians buying a home. We cut taxes and created the tax-free savings account, the most successful savings account in Canadian history. Over 9 million Canadians now take advantage of it. To encourage Canadians to save for their future, we created a financial literacy leader to oversee our progress.
It is about time the Liberals get on side and support our successful policies.