Discussion · Government Orders
François-Philippe Champagne Liberal
“The cost to pay our debt is lower than it was in the 1990s and below the 40-year average. Canada's finances are in good shape.”
“Madam Chair, again, it is going to be a very interesting evening. I look forward to the question because, in fact, what I was saying is that the debt charges, as a percentage of GDP, are not only lower than they were in the 1990s, but they are below the historical average of 40 years, which was 3.2%. I think the member should be happy to see that the country is on a very solid fiscal track.”
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Madam Chair, again, it is going to be a very interesting evening. I look forward to the question because, in fact, what I was saying is that the debt charges, as a percentage of GDP, are not only lower than they were in the 1990s, but they are below the historical average of 40 years, which was 3.2%. I think the member should be happy to see that the country is on a very solid fiscal track.