Mr. Chair, I am happy to report that Canadians are better off by over 10%, and poorer Canadians by 14% than in the previous 10-year period.
Canadians have enjoyed the strongest income growth in the G7. Canada is the only G7 country to have fully recovered business investment lost during the recession.
From an intergenerational perspective, mobility for Canadians is greater than in many of the other countries that we compare ourselves to. Canada, with half the debt-to-GDP ratio of the major industrial countries, is in a very strong position to do better for Canadians.