Finance

During question period on finance, Conservative MP Sandra Cobena said the government has added $700 billion to the national debt over the past decade and plans to add another $733 billion over five years, which she put at $82,000 per household, while noting record food bank use, a PBO growth forecast of 0.9%, and debt interest costs of $83 billion. Liberal minister François-Philippe Champagne replied that Canada has the strongest fiscal position in the G7, a AAA credit rating shared only with Germany, low debt relative to the economy, and is expected by the IMF to have the second-fastest growth among G7 countries by 2027, adding that Canada has skilled workers, key industries, critical minerals and free trade with all other G7 countries.Written by AI from the debate. Updated .

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