Discussion · Government Orders
François-Philippe Champagne Liberal
“The cost to pay our debt will only be 1.7 percent of our economy in 2026. That is much lower than the 6.5 percent we saw in the 1990s. Our country's finances are in good shape.”
“Madam Chair, as I said, it is going to be interesting for Canadians to learn that the projected debt charge, as a percentage of GDP, for 2026-27 will be 1.7%. That is far below the peak of 6.5% that Canadians faced in the 1990s. What I am saying is that we are on a very solid fiscal track.”
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Madam Chair, as I said, it is going to be interesting for Canadians to learn that the projected debt charge, as a percentage of GDP, for 2026-27 will be 1.7%. That is far below the peak of 6.5% that Canadians faced in the 1990s. What I am saying is that we are on a very solid fiscal track.