Statement made on 15 December 2011 by Senator Céline Hervieux-Payette
Hon. Céline Hervieux-Payette:
Honourable senators, my question is for the Leader of the Government in the Senate.
To listen to the Minister of Finance talk about Canada, it seems pretty clear that he is living in a fantasy world. The Governor of the Bank of Canada recently gave a speech in Toronto in which he destroyed all the minister's castles in the air.
In his latest report, Mark Carney describes a Canada that is quite different than the one presented by the minister. Mr. Carney says that Canada's productivity is low, that our demographics are insufficient, that our exports are being rejected by foreign economies in recession and that Canadian households are consuming beyond their means, while Canada is also going further into debt at an alarming rate.
Can the Leader of the Government in the Senate tell us if her government plans to revise its Economic Action Plan dramatically in the coming weeks, since, according to Mr. Carney's data, it has not been particularly successful?
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