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The Economy

Question period touched on the state of the Canadian economy. A Liberal member said the economy grew by 1.7% in 2025, is projected to be among the fastest-growing in the G7, and is attracting its highest foreign investment in 18 years, and asked the Minister of Industry to respond to Conservative criticism. The Minister of Industry replied that, despite a tariff war with the United States, Canada continues to create jobs and attract investment, citing a new green aluminum plant in Quebec and a $100 million investment in cleaner aluminum technology.Written by AI from the debate. Updated .

Official text

2 statements

Louis Villeneuve

Liberal
“Canada's economy grew by 1.7% in 2025 and is bringing in more foreign investment than it has in 18 years. I want the Minister of Industry to explain why the Conservatives ignore these facts.”
Official Hansard

Mr. Speaker, we know that the Conservatives prefer punchy catchphrases, sometimes to the detriment of the facts. Here are the facts: The Canadian economy grew by an estimated 1.7% in 2025 and is expected to post the second-fastest growth in the G7 in 2026‑27. That is a fact. Canada has just reached an 18-year high in attracting direct foreign investment. That is a fact. We will never hear the Conservatives cheer for our economy or cheer for our workers. Could the Minister of Industry explain why?

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Mélanie Joly

Liberal

Linked statement

“Even with a tariff war with the U.S., we are still creating jobs. We opened a new green aluminum plant in Quebec and invested $100 million in cleaner aluminum technology.”

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Official Hansard

Mr. Speaker, I would like to thank the member for Brome—Missisquoi for his important question. We know that Canada’s economy is one of those most closely integrated with the U.S. economy, not to mention that we are also in the midst of a tariff war. Despite that, investments are being made in sectors affected by tariffs. In fact, last Friday, together with Quebec Premier Christine Fréchette, we inaugurated AP60, Rio Tinto’s new plant in Saguenay that will produce the world’s greenest aluminum. We have also invested $100 million in ELYSIS, the latest in carbon-neutral aluminum technology. Simply put, we are capable of creating jobs even in the current tariff environment.

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