| Department of Finance Canada | speeches
Inflation in Canada is today lower than in every single other G7 country. It’s lower than in the U.S. at 3 per cent, lower than France at 4.5 per cent, lower than Germany at 6.4 per cent, lower than Italy at 6.4 per cent, lower than the United Kingdom at 8.7 per cent. It is even lower than Japan at 3.2 per cent.
| Department of Finance Canada | speeches
Thank you very much, and I first want to acknowledge that we are gathered on the traditional lands of the Treaty 4 territory. I am so glad to be here at Belle Plaine with some of the really incredible workers from Mosaic.
| Department of Finance Canada | speeches
Affordability Press Conference in Manitoba
| Department of Finance Canada | speeches
Affordability Press Conference in Vancouver
| Department of Finance Canada | speeches
I want to begin by highlighting a few important points about where the Canadian economy is today—and about what it means for Canadians.
| Department of Finance Canada | speeches
Inflation in Canada fell to 3.4 per cent in May—that is down from 4.4 per cent in April, and from a high of 8.1 per cent last June.
| Department of Finance Canada | speeches
Deputy Prime Minister in Quebec City on growing the clean economy
| Department of Finance Canada | speeches
The Government of Canada will immediately halt all government-led activity at the Bank, and I have instructed the Department of Finance to lead an immediate review of the allegations raised and of Canada’s involvement in the AIIB.
| Department of Finance Canada | speeches
Canada’s pioneering tradition of central bank independence is respected around the world, and the strength and independence of our institutions—including the Bank of Canada—is one of the fundamentals that makes Canada a safe and reliable place to do business.
| Department of Finance Canada | speeches
Canada experienced the strongest economic growth among G7 countries in 2022. Our real GDP grew by 3.1 per cent in the first quarter of this year, which was the highest in the G7, and Canada has both the lowest deficit-to-GDP ratio and the lowest net debt-to-GDP ratio in the G7.
