Discussion · Government Orders
Kevin Lamoureux Liberal
“I trust the Bank of Canada more than the Conservative leader on whether we are in a recession. The Conservatives are wrong to say our economy is failing. Other signs show Canada is strong, and our economy is predicted to have the second-fastest growth in the G7.”
“Mr. Speaker, I am more inclined to believe what the Bank of Canada is saying on the issue of the recession than I am to believe the leader of the Conservative Party. I think the GDP, yes, is a very important indicator, but there are also other important indicators that should be looked at. At best, the Conservatives are being premature by going around and shouting in glee that Canada is in a recession, when there are other indicators that show that Canada is building strong and that the economy will grow. It is predicted to have the second-largest growth in the G7. I think there are some solid figures out there, and I look forward to ultimately being able to demonstrate very clearly in the coming months that we are, in fact, sticking to a strong build Canada.”
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Mr. Speaker, I am more inclined to believe what the Bank of Canada is saying on the issue of the recession than I am to believe the leader of the Conservative Party. I think the GDP, yes, is a very important indicator, but there are also other important indicators that should be looked at. At best, the Conservatives are being premature by going around and shouting in glee that Canada is in a recession, when there are other indicators that show that Canada is building strong and that the economy will grow. It is predicted to have the second-largest growth in the G7. I think there are some solid figures out there, and I look forward to ultimately being able to demonstrate very clearly in the coming months that we are, in fact, sticking to a strong build Canada.