Mr. Speaker, I look forward to tabling the fall economic statement in the House on Monday. In the fall economic statement, we will show that the government is maintaining its fiscal anchor, specifically reducing the federal debt as a share of the economy over the medium term. In addition, I expect the debt-to-GDP ratio we projected in the spring budget for fiscal year 2023-24 will be met. Canada has the lowest debt-to-GDP ratio in the G7, the lowest deficit in the G7. This is good news for Canadians.
In the House of Commons on December 10th, 2024. See this statement in context.