Madam Chair, our government is taking steps every day to make life more affordable, including the Canada child benefit and our $30-billion investment in child care from coast to coast to coast.
House of Commons photoWon his last election, in 2021, with 34% of the vote.
Business of Supply December 8th, 2021
Madam Chair, our government is taking steps every day to make life more affordable, including the Canada child benefit and our $30-billion investment in child care from coast to coast to coast.
Business of Supply December 8th, 2021
Madam Chair, I will quote Moody's once again: “Canada's sovereign...[debt] profile is supported by its very high economic and institutional strength, which underpins its resilience to economic shocks.”
Business of Supply December 8th, 2021
Madam Chair, according to the S&P, the major support measures provided directly by the federal government to individuals and businesses affected by the pandemic cushioned the economic blow and will facilitate the recovery of the labour market.
Business of Supply December 8th, 2021
Madam Chair, there is partisan posturing taking place here. Let us have the facts. Moody's and S&P reaffirmed Canada's AAA credit rating, and that is something we can hang our hats on.
Business of Supply December 8th, 2021
Madam Chair, if the Conservatives want to help Canadians get through this pandemic and have an affordable future, they can support Bill C-2 to get people back on their feet.
Business of Supply December 8th, 2021
Madam Chair, this allows me to talk about the fact that the Canadian economy is in great recovery, with 106% of the jobs recovered. This figure is 83% in the United States.
Business of Supply December 8th, 2021
Madam Chair, the process to determine the mandate for the Bank of Canada is under way and announcements will be made on that in the coming days and weeks.
Business of Supply December 8th, 2021
Madam Chair, monetary policy and decisions about interest rates and the money supply are the province of the Bank of Canada, which, of course, is independent.
Business of Supply December 8th, 2021
Madam Chair, the Bank of Canada has undertaken a very extensive review of this decision, and good discussions have been held between the government and the bank.
Business of Supply December 8th, 2021
Madam Chair, I thank the hon. member for his question because it allows me to speak about the renewal of the Bank of Canada mandate, which happens every five years and is a very serious event indeed.