Madam Speaker, this is a key example of where Conservative ideology gets in the way of formulating successful policy. If he has complaints about the amount of money we are spending, I would point him to the major credit rating agencies. He can take his pick.
Moody's, S&P and DBRS have all reaffirmed Canada's AAA credit rating. If he is concerned about our debt-to-GDP ratio, I would point him to the fact that we have the lowest debt-to-GDP ratio of any G7 economy.
The reality is that when we launched into this public health emergency of a scale we have never seen before, we decided we would be there for people and for businesses. The effect of that response—