Mr. Chair, I will once again reassure my colleague this evening. Canada has the lowest debt-to-GDP ratio in the G7, at 10.2%. By way of comparison, Germany's ratio is 47.2%, the U.K.'s ratio is 93.8%, the United States' ratio is 96.7%, and France's ratio is 108%. This shows how well we are managing our public finances. Our debt-to-GDP ratio is the lowest among all G7 countries.
In the House of Commons on May 26th, 2026. See this statement in context.
