Mr. Speaker, the last time a Canadian Prime Minister stood here, it was a different era with different challenges. 2007, the eve of the global financial crisis. The crisis through which Australia and Canada sailed. We sailed through that storm [the global financial crisis] because of the soundness of our banks, the probity of our public finances, and the resourcefulness of our people. And while much has changed since then, these qualities endure, as does the friendship between our nations. Although we could not be further physically apart. Canada. Canada and Australia are strategic cousins. (03:36–03:46)
CLAIM
Asserts that Canada and Australia navigated the global financial crisis successfully due to strong banks, public finances, and resourceful people.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
