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Decentralized Democracy

House Hansard - 6

44th Parl. 1st Sess.
November 29, 2021 11:00AM
  • Nov/29/21 2:19:52 p.m.
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Mr. Speaker, Canadians are watching the price of everything go up while the Liberals have been denying that their policies would cause inflation. However, by the end of last week, the finance minister was calling inflation a “crisis”. She does not think that the Liberals are responsible for it. It is almost like she is printing money so that she never runs out of bucks to pass. If the finance minister and the Prime Minister believe that this is a crisis, what is she prepared to do to deal with it?
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  • Nov/29/21 2:21:00 p.m.
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Mr. Speaker, let me take the finance minister back to a meeting that she had just this Friday with Canada's most senior economist, and maybe she would want to ask them some questions and take their advice. Most of them agreed that the government is making the inflation problem worse. In fact, BMO chief economist Doug Porter said, “I think at the margin there are some things fiscal policy can do,” which is the federal government's responsibility, “and that's basically to take the foot off the accelerator.” What that economist was saying is that the government is contributing to the crisis, so take responsibility. What are the Liberals going to do?
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  • Nov/29/21 2:22:12 p.m.
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Mr. Speaker, what the finance minister is saying, then, is that the government has absolutely no control and has no ability to deal with inflation in this country. That is a big F right off the start; it is a fail for the government. I believe the chief economists and experts in this country. What is the government going to do? Will the Liberals at least admit that they are in government and should have an answer for inflation? Are they going to do anything or just throw up their hands and say, “Not our problem. Too bad everybody. Keep paying high costs because the Liberals don't care.”
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