Discussion · Adjournment Proceedings

Ryan Turnbull Liberal

“Our economy is strong, which lets us invest in the military and in housing. We lowered the deficit by $11 billion and slowed government spending growth. Foreign investment is also at its highest level in nearly 20 years.”
Official Hansard

Mr. Speaker, I am glad the member has adopted the “Canada Strong” message on behalf of the government. I appreciate her finally contributing to a plan that will make our economy stronger. As I have said, we are moving forward from a position of strength. That gives us the fiscal capacity to do the things that we have proposed to do and that we are actually implementing, including major investments in defence infrastructure and housing, which will be boosting innovation and productivity across the country. The spring economic update shows very clearly that progress is being made. We have $11 billion less of a deficit and the average yearly increase of government spending has come down from 8% to 2%. Over the next three years, it will come to a 0% increase. We are also seeing lots of change within the economy and the highest foreign direct investment in almost two decades. The member opposite should understand that those things are really good news for this country and for all Canadians as we build a prosperous Canada.

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