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Decentralized Democracy

House Hansard - 3

44th Parl. 1st Sess.
November 24, 2021 02:00PM
  • Nov/24/21 2:50:35 p.m.
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Mr. Speaker, the cost of government is driving up the cost of living. Almost half a trillion dollars of inflationist Liberal deficits means more dollars chasing fewer goods, driving higher prices. However, the Prime Minister says he does not think much about monetary policy. That is no surprise; after all, it is “Justinflation”. Given that housing and gas prices are up by a third, has he had time since he got off the surfboard to think a bit more about monetary policy?
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  • Nov/24/21 2:52:24 p.m.
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Mr. Speaker, every time he creates a new program, the cost of the said object goes up. For example, he spent $70 billion on affordable housing to make housing prices go up by almost $300,000. Many members of this House were not even born when Liberals first started promising to make day care affordable. When will he realize that more dollars chasing fewer goods means higher prices and that the more he spends, the higher the cost?
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  • Nov/24/21 2:54:10 p.m.
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Mr. Speaker, he likes to blame his inflation on something that is happening in a faraway place around the world. Why is it then that Canadian consumers are paying higher rates of inflation than Saudi Arabia, Switzerland, Singapore, India, China, Japan, Germany, Italy, France, the U.K., the eurozone? In fact every country, except the money-printing mammoth south of the border, has lower inflation than us. Why does he not take responsibility for the higher cost of living that his out-of-control spending is piling on the backs of Canadians?
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  • Nov/24/21 2:55:29 p.m.
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Mr. Speaker, the Prime Minister needs to get his facts straight. The fact is, other countries have lower inflation than Canada. France, Italy, Germany, Japan and the U.K. all have much lower inflation rates than Canada. Only the United States, which is printing money like crazy, has a higher inflation rate. The Prime Minister wants to copy that. Everyone knows that this Prime Minister does not think about monetary policy. After all, it is “Justinflation”, but will he start thinking about the real cost burden he is putting on the shoulders of Canadians?
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