Bernard Généreux on Income Tax Act

In the House of Commons on November 5th, 2020. See this statement in context.

Income Tax ActGovernment Orders

Conservative

Bernard Généreux Conservative Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC

Mr. Chair, the minister is well aware that the interest rate, which is very low right now, will not remain low forever.

If the interest rate were to go up 0.25% or 1%, what impact would that have on Canada's debt?

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