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We've succeeded in addressing many global challenges jointly, most recently responding to the atrocities that Russia is committing in Ukraine but we have partnerships on climate, on global poverty issues, on international debt and very similar approaches I think, to economic policy issues. The deputy prime minister and I have gotten to know one another very well now over the last year and a half, we meet often at international gatherings and we quickly learned that we share many things in common in terms of our values, our focus on work, on jobs, on strong growth and a fair, equitable and sustainable economy.Īnd our countries have been obviously very close, very interconnected and we have a wonderful and strong partnership. This is certainly not my first visit to Canada by a longshot but my first as treasury secretary and it's a great pleasure. Yellen: Well let me just say very quickly it's a pleasure for me to be in Toronto. That is fantastic, and we just need to keep on going. Mayor Tory knows that Toronto since 2015 has had more cranes than any other city in North America. And now as we're coming out of that the best number is we've recovered 117% of those lost jobs.Īnd some of the jobs I care about the most, Joe, are the ones of your members and I really believe that right now we're in a time of building. And for me when the COVID recession hit the worst number was that 3 million Canadians lost their jobs. And I do also really want to acknowledge Joe being here today and thank you very much, Joe, because maybe one of the reasons I get along so well with Secretary Yellen is I agree with her about work and jobs. But one of the reasons I get along so well with John is he and I both really believe the future is Canada's to seize.Īnd I know that things are challenging for a lot of Canadians, Canadian families right now but I am so bullish on Canada, on Toronto. So I'm just thrilled to be here, really, really glad to have the chance of course to talk about our economic challenges.

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Ça me fait évidemment un grand plaisir d'être ici avec mon homologue, ma chère collègue, la Secrétaire du Trésor, Janet Yellen, et ça me fait plaisir d'être ici avec vous, d'avoir l'opportunité de parler de l'économie canadienne, mais, des défis avant nous mais surtout des opportunités. Ça me fait un tellement grand plaisir d'être ici parmi vous aujourd'hui. So let me start by acknowledging we're on the traditional lands of the Mississaugas of the New Credit, and in the amazing riding University-Rosedale which I have the honor of representing and John, Mayor Tory and I have a special relationship for many reasons, one of which is he is my constituent and I am his constituent. Chrystia Freeland: Okay, yeah, just very quickly.

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But we only have 45 minutes and before I start peppering you with questions, perhaps just a couple of minutes if you'd like to have any opening content, comments for our audience, we have a lot of political and business leaders here and, Minister Freeland, if you'd like to go first. I did show you my stickies beforehand so you were forewarned.

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And I hoped we cover a lot of lot of content. Moderator (Beata Caranci): Thank you, Mayor Tory, for those very warm comments and it probably goes without saying that at least for me this is just an incredible honor to be sharing the stage with the Deputy Prime Minister as well as Secretary Yellen.








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