Mr. Speaker, my hon. colleague mentioned inflation.
In 2022, due to the postpandemic period and global supply chain issues, inflation rose across the world, in every single country. Due to our actions during the last two years, the trend of inflation is coming down so much. It has come down to 1.6% below the target range of the Bank of Canada. Every other country has had to raise interest rates to combat inflation, but we are the first G7 country to cut interest rates for the fourth consecutive time and have brought it down to 3.75%. Consequently, the Canadian consumer confidence index is at a 30-month high. I would like to hear the hon. member's comments on that.