Mr. Speaker, when we use GDP as the measure of our economy, the emergency response to an oil tanker spill or a major car accident counts as economic growth. When we use GDP as the measure of our economy, an old-growth forest sequestering carbon and supporting biodiversity has no value until it is converted to lumber.
Instead of measuring the accumulation of wealth, a well-being economy measures success through the health of people and the planet.
Will the government stop using GDP and measure our success by well-being?