Mr. Speaker, confidence is not what Equifax is expressing. Its vice-president said that there has been a “significant increase in consumer bankruptcies.” Therefore, now we have a seven-year high in third-quarter defaults on non-mortgage debt. We have a 10-year high in the number of people who have gone insolvent. Seventy-one thousand people are losing their jobs. The minister continues saying, “Don't worry, be happy”, while Canadians are falling behind and losing their jobs. Why are he and his government continuing to create the conditions for a made-in-Canada recession?
In the House of Commons on December 12th, 2019. See this statement in context.