Discussion · Oral Questions
Ryan Turnbull Liberal
“Our economy is doing well, even if the Conservatives will not admit it. The deficit is $11 billion lower than expected, and spending growth has slowed down. Inflation is in our target range, Canada has a top credit rating, and we are creating jobs faster than the United States.”
“Madam Speaker, let us get acquainted with the facts. I know it is very hard for the Conservatives to accept. The deficit is $11 billion lower than projected. Operational spending has gone from an average annual increase of 8% to 2%. We are on a declining deficit-to-GDP ratio over the planning horizon. Inflation in Canada has been within the Bank of Canada’s target range for almost three years. We have a AAA credit rating, the highest credit rating of any country rating in the world. We have a higher per capita rate of job creation than the U.S., three times—”
Official Hansard
Madam Speaker, let us get acquainted with the facts. I know it is very hard for the Conservatives to accept. The deficit is $11 billion lower than projected. Operational spending has gone from an average annual increase of 8% to 2%. We are on a declining deficit-to-GDP ratio over the planning horizon. Inflation in Canada has been within the Bank of Canada’s target range for almost three years. We have a AAA credit rating, the highest credit rating of any country rating in the world. We have a higher per capita rate of job creation than the U.S., three times—