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Decentralized Democracy

House Hansard - 13

44th Parl. 1st Sess.
December 8, 2021 02:00PM
  • Dec/8/21 2:53:54 p.m.
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Mr. Speaker, the Prime Minister's response was just incredible. He said even after house prices increased by a third, he did not think about monetary policy; even after gas prices hit $1.60 in some places, he did not think about monetary policy; even as CPI hit a two-decade high, he did not think much about monetary policy, because he only thinks about himself. Will he not admit that what it took for him to start thinking about inflation is when we put his name in the word?
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  • Dec/8/21 2:55:12 p.m.
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Mr. Speaker, on October 28, 2020, the finance minister promised Canadians they would have deflation. For the Prime Minister's benefit, that means prices go down. Today the Bank of Canada confirmed that we have inflation. Again, for those who do not think about monetary policy, that means prices go up. Everything the Liberals said would go down is going up and everything they said would go up is now going down. Now that the Prime Minister has himself spinning in circles and saying his own name here on the floor of the House of Commons, will he finally admit that what we have in this country is just—
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  • Dec/8/21 2:56:36 p.m.
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Mr. Speaker, the Prime Minister got confused when he was asked what is this famous middle class he is always talking about. It turned out he said it is those people who live off their income instead of their assets, except that inflation hits folks who live off income the hardest because their paycheque is worth less, while helping those people, like him, who live off ancestral assets. Their assets appreciate and inflate in value. Maybe the reason he does not think about inflation is because he benefits from it. For example, could the Prime Minister tell us how much his mansion in the Laurentians has inflated in price since he took office?
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  • Dec/8/21 2:58:07 p.m.
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Mr. Speaker, speaking of wealthy landlords, I have here the financial stability report from the Bank of Canada, which shows that since the Prime Minister started pumping $400 billion into the financial system, wealthy landlords have seen a 100% increase in mortgage lending they have been able to acquire. Cheap debt for the wealthy investor class, high inflation for the working class. More dollars chasing fewer goods means higher prices. Does the Prime Minister realize that every time he takes a trip to the central bank, Canadians have to go over to the food bank?
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  • Dec/8/21 7:47:03 p.m.
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Mr. Chair, my question is for the minister of middle class prosperity, who is a member of Parliament here in Ottawa. What is the average cost of a home in the city of Ottawa?
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  • Dec/8/21 7:47:33 p.m.
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Mr. Chair, maybe the President of the Treasury Board can help by telling us the average cost of a house in the nation's capital.
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  • Dec/8/21 7:47:50 p.m.
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Mr. Chair, what is the average increase in house prices since the government took office in 2015?
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  • Dec/8/21 7:48:32 p.m.
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Mr. Chair, I think there is a problem with the audio in the chamber. The question was, what is the average cost of a house in Canada today?
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  • Dec/8/21 7:48:58 p.m.
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Mr. Chair, if so, how much have house prices increased since the government took office?
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  • Dec/8/21 7:49:17 p.m.
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Mr. Chair, I will ask one last time. In dollars, how much have house prices risen since the government took office?
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  • Dec/8/21 7:49:50 p.m.
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Mr. Chair, does the minister have any idea what it costs for the average person to buy a house in Canada? Does he have any idea, or does he even care?
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  • Dec/8/21 7:50:01 p.m.
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Mr. Chair, I think that the average Canadian can see how much the government knows and cares about the cost of buying a home in this country. The government members' level of care is zero. I am going to give the member one last chance. Can he tell us what it costs the average Canadian to buy the average house in Canada today?
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  • Dec/8/21 7:50:32 p.m.
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Mr. Chair, how much new debt per Canadian has the government added?
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  • Dec/8/21 7:50:49 p.m.
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Mr. Chair, how much debt per man, woman and child has the government added?
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