Mr. Speaker, the member opposite referred to federal public debt charges, so let me offer him some reassurance. First of all, this fall, Moody's and S&P reaffirmed our AAA credit rating. Second, as I detailed in the economic and fiscal update, nearly half of our bond issuance will be long-term bonds. That is up from 15% of bonds issued in 2019-20 that had a maturity of 10 years or longer. Our public debt charges as a percentage of GDP are 0.9% this fiscal year. That is the lowest in 100 years.
In the House of Commons on February 3rd, 2022. See this statement in context.