Chrystia Freeland on The Economy

In the House of Commons on February 3rd, 2022. See this statement in context.

The EconomyOral Questions

February 3rd, 2022 / 2:25 p.m.

University—Rosedale Ontario

Liberal

Chrystia Freeland LiberalDeputy Prime Minister and Minister of Finance

Mr. Speaker, unlike the Conservatives, Canadians understand that inflation is a global phenomenon.

The latest inflation rate stood at 4.8% in Canada, 7% in the United States, 5.3% in Germany, and 5.4% in the United Kingdom. Our inflation is below the G7, G20 and OECD averages.

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