Discussion · Government Orders
François-Philippe Champagne Liberal
“Canada is in a very strong financial position. The cost to pay our national debt is close to 2 percent, which is much lower than the 6 percent it was in the 1990s.”
“Madam Chair, my colleague will be happy to learn, because tonight is a learning exercise for my colleagues, that in fact the percentage, when we look at the debt charge of Canada, is pretty low by historical standards. It is close to 2%. If we look at the historical figures in the 1990s, they were around 6%. I would say that Canada is in a very strong fiscal position.”
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Madam Chair, my colleague will be happy to learn, because tonight is a learning exercise for my colleagues, that in fact the percentage, when we look at the debt charge of Canada, is pretty low by historical standards. It is close to 2%. If we look at the historical figures in the 1990s, they were around 6%. I would say that Canada is in a very strong fiscal position.