Chrystia Freeland on The Economy

In the House of Commons on November 29th, 2021. See this statement in context.

The EconomyOral Questions

November 29th, 2021 / 2:35 p.m.

University—Rosedale Ontario

Liberal

Chrystia Freeland LiberalDeputy Prime Minister and Minister of Finance

Mr. Speaker, I know that Canadians, like the Leader of the Opposition, understand that inflation is a global phenomenon.

Here are some numbers to back that up. In October, Canada's inflation rate was 4.7%. In the United States and Mexico, it was 6.2%. In New Zealand, it was 4.9%. The G20 average was 4.6%.

Those are the numbers. Those are the facts.

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