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Results: 121 - 135 of 159
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, I would like to thank the hon. member for his questions.
I agree, it is very important to be transparent and to provide the necessary information to Canadians.
Every day, we announce measures, of course, but also the cost of the measures and the amount of the investments. It is very important. The challenge at the moment is the economic situation, which is very fluid. When the situation is more stable, we will have the opportunity to give an economic update.
View Gabriel Ste-Marie Profile
BQ (QC)
In my opinion, Mr. Chair, it will really be too late to do the economic update when things are more stable.
We have been asking for an economic update for the past month. Even the Parliamentary Budget Officer has been urging the government to table an economic update in a timely manner. With only three weeks left in the House before the summer, the clock is ticking.
The Quebec government will table its economic update later this month. Will the federal government follow suit?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, let me confirm that we will continue to be transparent about the investments; it is very important.
Of course, each day we work to make sure we have a solid grasp of the economic situation. As I said, when the situation is a little more stable, we will have the opportunity to explain our situation with an economic update.
View Martin Champoux Profile
BQ (QC)
View Martin Champoux Profile
2020-05-27 12:13
Mr. Chair, I would like to recognize the resilience of Quebeckers concerned for their jobs or their businesses during the COVID-19 crisis.
They need us to plan for after the crisis, and we must do so now. To do so, we need the proper information. We need to know the status of the public finances. That is why the Bloc Québécois is demanding that the government present an economic update, and that it do so before June 17. This is not about making a spectacle. Everyone knows that the deficit will be huge. We had to provide the people with support and we all agree on that. But we have to know to what extent. We also have to know where we are starting from so that we can plan where we are going. This is about respecting the public, because they are the ones who will be paying the bill.
In closing, I would like to remind the government that one group is not really contributing to the public purse at the moment. I am talking about the tech giants, the GAFAM group, that have never before been used to the extent that they are now, and that are still not paying a cent in tax in Canada. The Liberals promised to correct this injustice. Now is a great time for them to do so.
View Gérard Deltell Profile
CPC (QC)
Mr. Chair, all observers are expecting an economic update to know where we're going. When will that happen?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, we want our economic update to be accurate. That's why we are looking at information that allow us to make good forecasts.
View Julie Vignola Profile
BQ (QC)
Mr. Chair, in a crisis, it is important to be able to cope, but also to prepare for the post-crisis period. In order to do so, it is essential to know where we stand at the moment, hence the importance of tabling an economic update.
Will the minister be tabling an economic update in June, as provided?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, that is a very important question.
As you are aware, we have explained the measures and the costs of the measures transparently every day and every week. We also have to look to the future. To be sure, when the economic situation becomes more stable, we will—
View Julie Vignola Profile
BQ (QC)
Are we going to have an economic update in June, as provided?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, we are assessing the situation. When the economic situation has become more stable, we will prepare an economic update.
View Julie Vignola Profile
BQ (QC)
Mr. Chair, in order to be able to ensure economic stability, it is important to look to the future, and for that it is necessary to know where we stand now.
Are we going to have a full economic update in June, as provided?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, it is very important to have all the information we need for us to do our work. That is why we are going to prepare an economic update when the situation has become stable enough to make forecasts.
View Julie Vignola Profile
BQ (QC)
Okay!
Mr. Chair, what are the economic growth forecasts for the coming months?
View Bill Morneau Profile
Lib. (ON)
Mr. Chair, the situation is very unsettled because of the pandemic. It is therefore difficult to make accurate forecasts.
View Andrew Scheer Profile
CPC (SK)
Mr. Chair, the exact opposite is true. Remember that when that government was first elected, they promised that the deficits would be small and temporary, just $10 billion a year for four years. Then they had to throw away that metric and said that as long as our debt-to-GDP ratio remains constant, that will be okay.
We all know that the economic output has shrunk. Meanwhile, spending even before this pandemic was going through the roof. Remember, it was the Liberal government that said Loblaws deserved $12 million for new fridges, and that Mastercard, a credit card company, deserved $50 million in corporate bailouts. The government made Canada weak heading into this pandemic, and all this additional spending that is being borrowed to provide assistance to Canadians is coming on the heels of record deficits and is hurting Canada's ability to maintain its credit rating.
One of the ways you can protect your credit rating is if you show the people you owe the money to how you're going to pay it back. Is the government willing to provide Canadians with an update as to how they will get Canada's fiscal track back under control when this pandemic is over?
Results: 121 - 135 of 159 | Page: 9 of 11

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