Mr. Speaker, what the government agrees with is that Canada was the first G7 country to lower interest rates for the first time. Canada was the first G7 country to lower interest rates for a second time, and Canada was the first G7 country to lower interest rates for a third time. The government also knows that wages in Canada have outpaced inflation for 19 months in a row. Meanwhile, inflation, which was 2% in August, has been within the Bank of Canada's target range.
In the House of Commons on October 1st, 2024. See this statement in context.