Freeland argues Canadian economy is strong despite inflation during finance committee appearance

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\u0027I do really want people to come away from today with an understanding that we have done a really good job as a country of managing what was a devastating…

Poilievre also repeatedly asked Freeland if Canada’s housing market, which has seen massive price spikes this year, is stable and if the country is heading for a housing crash.“To speculate irresponsibly and make assertions that could damage confidence in the Canadian economy is highly irresponsible, so let me just assure that our banks are very stable and that our government took steps last summer to ensure Canadians were not taking undue risk.

Freeland described the government’s benefits bills as the last economic measure as Canada hopefully comes out of the pandemic and such supports will no longer be needed. The bill offers to extend wage and rent subsidy programs, but limits them to businesses in hard-hit industries like tourism and hospitality that still face steep revenue declines.

Freeland said she hopes that lockdown benefit isn’t necessary, but the government has to be prepared. “We do appreciate that this is a challenging situation. Seniors who received GIS are among the most vulnerable Canadians and they accepted the CERB at a time when the whole country was in crisis, and they really needed it,” she said.“There’s no reason why a senior on GIS, a vulnerable senior who doesn’t have enough resources to get by, should have their GIS clawed back because they needed help in the pandemic,” he said.

 

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Guess it's easy to be unconcerned about inflation when your worth millions and have a high six figure salary.

Has she been to a grocery store? I am shocked every week at the sharp increase on many items.

Define strong …show your work Minister

And don't forget they brought us $10/day daycare

Hiding liberal fiscal irresponsibility behind COVID. The deficit and debt had been steadily growing under the Liberals for years. COVID only covers last two years. Now our children and their children inherit over $1.4 Trillion in debt.

cafreeland can argue this 'til the cows come home. The bloated national debt will continue to be passed down for generations to come. Liberals could not care less. No private citizen nor business could EVER survive with this profligacy. dianefrancis1

Bullshit.

cafreeland is a liar

Blah blah blah. Deputy PM to wanna be PM.

Frisbee is a fucking people kind.

does anyone think this one has any credibility at al?

I call bullshit to whatever she says. She’s learned to evade questions just like her evil twin

Inflation is a global problem. National Post has no other negative headline so they pick up a comment from a right wing wack job and focus on his dumb comments. BoycottPostmedia

It's like expanding assets with liabilities.

Not impressed.

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