Discussion · Government Orders
Ryan Turnbull Liberal
“Our economy is doing well. Our deficit is $11.5 billion lower than expected, foreign investment is at an 18-year high, and wages are growing twice as fast as inflation. Experts say Canada has the strongest financial position in the G7. The opposition should stop talking down our economy.”
“Madam Speaker, it is interesting to listen to the way the hon. member positions and contorts reality. When we look at what the government had projected in the previous budget, the spring economic update shows that we have $11.5 billion less of a deficit. That is due to the Canadian economy being more resilient. I do not know why the opposition is so triggered by this stuff. The International Monetary Fund would, arguably, be the world’s expert at analyzing the global economy and nations’ economies. It has said very specifically that Canada has the strongest fiscal position in the G7. I do not know how opposition members come into this House every day and talk down the Canadian economy. We have seen many signs of progress with foreign direct investment being at an 18-year high and wages doubling the rate of inflation. There is a lot of progress in our economy.”
Madam Speaker, it is interesting to listen to the way the hon. member positions and contorts reality. When we look at what the government had projected in the previous budget, the spring economic update shows that we have $11.5 billion less of a deficit. That is due to the Canadian economy being more resilient. I do not know why the opposition is so triggered by this stuff. The International Monetary Fund would, arguably, be the world’s expert at analyzing the global economy and nations’ economies. It has said very specifically that Canada has the strongest fiscal position in the G7. I do not know how opposition members come into this House every day and talk down the Canadian economy. We have seen many signs of progress with foreign direct investment being at an 18-year high and wages doubling the rate of inflation. There is a lot of progress in our economy.