Mr. Chair, it is exactly the opposite of what the minister is doing. I am surprised that she did not visit the Bank of Canada website where she could have found out that less than 10% of the new debt her government has issued since March is long term. The rest is short term. In fact, it is of shorter duration than our pre-existing debt. Why did the minister mislead an audience last week when she claimed she was locking in debt for the long run while Bank of Canada data shows precisely the opposite?
In the House of Commons on November 5th, 2020. See this statement in context.