Mr. Chair, the debt-to-GDP ratio went up as a result of our extraordinary COVID spending. In budget 2023, we showed a debt-to-GDP ratio in 2022-23 of 42.4%—
In the House of Commons on May 29th, 2023. See this statement in context.
In the House of Commons on May 29th, 2023. See this statement in context.
Department of Finance—Main Estimates, 2023-24Business of SupplyGovernment Orders
Liberal
Chrystia Freeland Liberal University—Rosedale, ON
Mr. Chair, the debt-to-GDP ratio went up as a result of our extraordinary COVID spending. In budget 2023, we showed a debt-to-GDP ratio in 2022-23 of 42.4%—
See context to find out what was said next.