Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue and to the Secretary of State (Canada Revenue Agency and Financial Institutions)
“Last month's bad job numbers were caused by a trade war, not our policies. We are managing the economy well by cutting taxes, signing 20 new trade deals, and saving $60 billion in government spending.”
“Madam Speaker, I should not need to remind any member of the House that we are in a trade war, and a trade war causes economic volatility. The job numbers last month reflect that volatility; that is clear, and we empathize with Canadians who might be struggling to keep their jobs. What we are doing is controlling what we can. We have cut taxes on income, housing, fuel and new business investment. We have saved $60 billion in government operations, have signed 20 new trade and security agreements and have seen the second-highest growth in the G7 and the highest foreign direct investment. This is how we respond in the face of a trade war.”
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Government answer in Question Period
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Madam Speaker, I should not need to remind any member of the House that we are in a trade war, and a trade war causes economic volatility. The job numbers last month reflect that volatility; that is clear, and we empathize with Canadians who might be struggling to keep their jobs. What we are doing is controlling what we can. We have cut taxes on income, housing, fuel and new business investment. We have saved $60 billion in government operations, have signed 20 new trade and security agreements and have seen the second-highest growth in the G7 and the highest foreign direct investment. This is how we respond in the face of a trade war.