The Economy

Question period focused on the economy, with Conservatives arguing that Canada is the only G7 country in a recession, with two straight quarters of contraction, rising food bank use and job losses, and saying the government’s spending and taxes caused it; they asked the government to acknowledge this, cut spending, and cancel taxes and regulations. Liberal ministers replied that Canada faces a trade war with the United States, pointed to major private investments and projects such as LNG deals, nuclear construction and port expansions, and cited affordability measures including the gas tax cut, grocery and school food supports, and Canada’s debt and growth figures relative to other G7 countries. Several replies also cited investments in the questioners’ own ridings.Written by AI from the debate. Updated .

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9 statements

Heath MacDonald, Minister of Agriculture and Agri-Food

Liberal
“Big companies are investing billions of dollars in Canada. They are doing this because they believe in our country and our economy.”
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Official Hansard

Mr. Speaker, sometimes it would be a good question to ask some of the CEOs of these companies that are making massive investments in Canada, like Kraft Heinz investing $250 million in Montreal and Bayer investing $45 million in canola research in Winnipeg. A couple of weeks ago, I was at K+S Potash in Saskatchewan, which is investing $3 billion over 10 years. Cargill in Saskatchewan is investing $350 million in a new crushing plant, and Imperial Oil in Strathcona is investing in biofuels. Are all these CEOs of these major international and national companies making a major mistake, or do they actually believe in Canadians like we do?

Anita Anand, Minister of Foreign Affairs

Liberal
“Our government lowered the tax on gas to make life cheaper, while cutting our deficit by more than $11 billion. We also made trade deals that connect us to 1.5 billion customers around the world. The opposition should admit these facts.”
Official Hansard

Mr. Speaker, our government has delivered real affordability measures, including cutting the gas excise tax, all while ensuring that we are reducing our projected deficit by more than $11 billion. Our trade agreements have opened up preferential access to 1.5 billion consumers across 16 trade agreements, 51 countries and roughly two-thirds of global GDP. Those are the facts. Maybe opposition members could recognize truth when they see it.

David McGuinty, Minister of National Defence

Liberal
“We are investing between $3 billion and $4 billion in the member's riding and its military base. We are also buying new planes that will create thousands of jobs. The Conservatives just want to run Canada down.”
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Mr. Speaker, I am glad the member for Fort McMurray—Cold Lake rose to ask the question. It is important for her to remind her constituents that we are investing between $3 billion and $4 billion in her riding. We are making massive investments in the base there. She knows so. We also announced a very progressive move to procure the GlobalEye plane with Saab last week, with 3,000 new jobs in Canadian aerospace and defence and 22,000 jobs in Canadian multi-mission aircraft. The list goes on and on. I know the Conservatives do not want to hear it. They are too busy running down this beautiful country.

John Zerucelli, Secretary of State (Labour)

Liberal
“Our plan is creating thousands of jobs and bringing in major investments across Canada. We are building our economy to handle trade challenges.”
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Mr. Speaker, we have Canada’s first European LNG agreement, more than $30 billion in investments secured; the Nouveau Monde Graphite mine project in Quebec, over 1,000 new jobs, shovels in the ground; the Darlington new nuclear project, 18,000 construction jobs; the Contrecoeur port expansion, shovels in the ground; and 150 Airbus A220s, the largest order of Canadian-built aircraft in Canadian history. As the Conservatives know, Canada is facing a trade war. We have a plan, and we are building.

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“Our government is spending money on infrastructure and housing, including a sewer project in the member's riding. These investments create jobs and help the economy.”
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Mr. Speaker, our Prime Minister has been clear: It is time to invest to build Canada strong. I will point out that in that member’s riding, that includes the Black Creek sanitary sewer, which will expand waste-water servicing capacity to the Black Creek watershed. This is just one of the many projects that we have under way to build Canada strong. We are investing in infrastructure, and we are investing in housing. We are making these important investments in communities across Ontario so that we can create jobs and economic prosperity for all Canadians.

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“We are funding big building projects across Canada. These projects create good jobs and help the economy.”
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  • A repeated line

    “The expansion of the Port of Montreal.”

    Said 7 times by 5 members since April 28.

    Every time it was said
Official Hansard

Mr. Speaker, in every corner of this country, from coast to coast to coast, we are seeing work on incredible projects that strengthen our economy while creating good jobs: the expansion of the Port of Montreal, the Darlington nuclear facility, the Mersey River wind farm project in Nova Scotia, the Scarborough subway extension, the Hamilton LRT and the upgrade of the Cambie Street Bridge in Vancouver. We are investing in Canada to build Canada strong.

Anna Gainey, Secretary of State (Children and Youth)

Liberal
“We are in a trade war with the United States, which hurts our economy. That is why we are sending money to 12 million Canadians this Friday to help them buy food and essentials.”
  • A repeated line

    “12 million Canadians will receive the Canada groceries and essentials benefit.”

    Said 7 times by 5 members since June 1.

    Every time it was said
Official Hansard

Mr. Speaker, it is important to remind everyone that we are in a trade war with the United States. This does present unique challenges for our economy, which is why this government has taken action to help Canadians with affordability. Notably, on Friday, 12 million Canadians will receive the groceries and essentials benefit. This is a $950 benefit for a single Canadian, over $1,200 for a couple and upwards of $1,800 for a vulnerable family of four. This will make a real difference for Canadians, and we are proud to support these commitments.

Anna Gainey, Secretary of State (Children and Youth)

Liberal
“Our government is helping people with the cost of living. We made the school food program permanent, which can save a family up to $800. We are also funding child care, dental care, and child benefits to support Canadians during this trade dispute with the United States.”
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Mr. Speaker, Canadians are working hard and this government is working hard for Canadians. We have taken real action on affordability. This includes making the national school food program permanent, which represents savings of up to $800 for a family with children in school. We have made investments in child care and dental care and continue to invest in the Canada child benefit. We are there to support Canadians as they face affordability challenges and as we face this tariff war with the United States.

Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions)

Liberal
“Canada's economy is doing well compared to other rich countries. We have low debt, fast growth, and a strong budget. We will keep focusing on building a strong economy.”
  • A repeated line

    “We have the lowest debt-to-GDP ratio in the G7.”

    Said 17 times by 13 members since April 29.

    Every time it was said
Official Hansard

Mr. Speaker, instead of cherry-picking data, maybe the member should listen to the Bank of Canada governor who said we should look at key indicators. We have the best net debt-to-GDP ratio in the G7, the second-fastest growing economy in the G7 and the strongest fiscal position in the G7. The list goes on and on. On this side, we are going to focus on building a strong economy. On that side, they continue with the rhetoric.

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