SoVote

Mar/22/22 10:57:47 a.m.
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Mr. Speaker, certainly I do not think anyone in this House on any side or any aisle would dispute the impact of the illegal war in Ukraine on energy prices. That, of course, is putting further pressure on a global inflationary environment that has seen pressures from supply-chain bottlenecks, that has seen pressures from climate change, that has seen pressures from increased demand on hard goods as opposed to services during the pandemic and, of course, seen pressure from the reopening of the global economy from the pandemic. While the member for Abbotsford is correct that inflation in Canada is currently at 5.7% and that we need to work to reduce that inflation, I would remind him that our health-based and economic-based policy has led to better results than our neighbour's results in the U.S., where the inflation rate is at 7.5%. Of course Canada's average is less than the OECD, which is at 6.5%, and lower than the G20 average, which is at 6.1%. Therefore, in all, through measures that our government is taking, Canada is working to tackle the inflation crisis and to improve affordability for Canadian families.

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All Topics

Context: House Hansard - 43 - Mar/22/22

Ms. Julie Dzerowicz

Mar/22/22 1:01:27 p.m.
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Madam Speaker, I support any type of effort that is going to ensure that our oil and gas sector decarbonizes and works with all other Canadian sectors to move to a low-carbon economy, any effort that works to transition their workers into decarbonized areas and anything that will support Canada in achieving our net-zero targets by 2050.

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Context: House Hansard - 43 - Mar/22/22

Ms. Melissa Lantsman

Mar/22/22 1:58:32 p.m.
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Madam Speaker, today we have an opportunity to answer the call of Canadians from coast to coast, one that if we have even spent a moment outside of this place talking to anyone, just about anywhere, we would be hard pressed not to hear. It is the loud and clear call that skyrocketing inflation and the cost-of-living crisis is devastating families across Canada. The inflation rate is at the highest point in 30 years. That is 5.7%, and it is growing faster than Canadian wages. For the average Canadian, that is equivalent to a pay cut of 5¢ for every loonie earned. We will hear in the House today the government's greatest hits, featuring a litany of excuses stating that the inflation rate is a result of global supply chains being disrupted by COVID, leading to higher prices. We will hear the one-hit wonders of listing off countries and their corresponding inflation rates. There is also my very favourite, that somehow asking the government to acknowledge a cost-of-living crisis, which members of the House are hearing about from their constituents, is an attack on the Canadian economy and that we should be thankful because everything is absolutely fine. What we will not hear is that the prices for Canadian products are rising the most and the fastest. That is the inconvenient truth of the matter when we speak to people at the grocery store.

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Context: House Hansard - 43 - Mar/22/22

Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)

Mar/22/22 2:36:25 p.m.
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Mr. Speaker, I thank my colleague for his question. Let us take a moment to remember what our fiscal management means to the Canadian economy. Our GDP has grown by 6.7%, beating market expectations. We have recovered 112% of the three million jobs lost during the pandemic. S&P Global Ratings and Moody's have renewed our AAA credit rating. We are moving forward for Canadians, we are tackling affordability, and we are here to move the country forward.

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Context: House Hansard - 43 - Mar/22/22

Ms. Melissa Lantsman (Thornhill, CPC)

Mar/22/22 3:42:33 p.m.
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Mr. Speaker, I am going to start where I left off. When I speak to people in line at the grocery store or bump into someone at the gas station, it would be difficult and quite frankly embarrassing to list off the inflation rate in Denmark or to tell them everything is okay and that we should not upset the government or take down the Canadian economy. When we tell people that global supply chains are the reason that home heating is up 26%, they are rightly perplexed. We have 1.3 trillion cubic feet of natural gas in Canada. That domestic energy supply provides heating for Canadian families and has nothing to do with the global supply chains. When we tell someone that global supply chains are the reason a family pays an extra $1,000 a year for groceries, their reaction is, rightly, confusion. This country ranks third in the world for the amount of farmland per capita. We have the capacity to produce our own food, and this has nothing to do with the global supply chains. When we tell someone that global supply chains are the reason that gas prices have gone up in some places 50%, they are, well, stunned. We have that right here in Canada. We have the second-largest oil and gas reserve in the world. In this case, it is a question of why we are relying on the global supply chains. When we tell someone that everything is okay when four-fifths of Canadian families are already cutting back and scratching their budgets, their reaction is one of fear: fear they will not be able to keep up and fear they will not be able to afford to live in their own communities. We have an opportunity here to stop saying that everything is okay, because it is not—

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Context: House Hansard - 43 - Mar/22/22

Ms. Melissa Lantsman

Mar/22/22 3:44:50 p.m.
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Madam Speaker, we have an opportunity to actually do something. It is something that goes beyond the blind ideology of demonizing the oil and gas industry. We know how we got here. This is a direct result of printing money we do not have for things that we do not need. The government's unprecedented spending is out of control. Do not take my word for it: Scotiabank agrees that high levels of spending are seen as contributing to the “strain on affordability pressures” for Canadians. These are Scotiabank's words, not mine. To make matters worse, the government has not stopped spending or even slowed it. I can already hear members of the government saying, “But the debt-to-GDP ratio”. To that, I say let me invite them out for an afternoon in my riding, and they can explain to Mrs. Cooper that the increased cost of buying healthy food for a family of five is fine because our debt-to-GDP ratio is among the best in the G7. Members of the government will say, “Oh, but the AAA credit score”. Let me invite them that same afternoon to explain to Mr. and Mrs. Green, who live on a fixed income and drive to see their grandkids, that they will need an extra 50 bucks a week for gas. When it comes to filling up these tanks, whether it is for Mr. and Mrs. Green to see their grandkids or those who need to get to work, take their kids to activities or just get around, the price is outrageous. We have witnessed over the last six years that the government's green energy policies contribute to seeing Canada's oil and gas sector destroyed. We do not have the infrastructure. We cannot get pipelines built, and despite the fact that we know that getting resources to tidewater is vital to our economy, to our environmental goals and to our own security, no less, the crusade against our own interests continues, blindly supported by pipe dreams instead of pipelines. While international conflicts in Ukraine have continued to contribute to those increases, they do not singularly explain the rise in the price of gasoline. They are not even close. It is not the invasion of Ukraine that will add 11¢ on April 1. It is not the invasion of Ukraine that neglected to build pipelines. It is not the invasion of Ukraine that has led to the lack of infrastructure, investment and development in our sector. It is, however, the direct result of the newly minted NDP-Liberal government, whose policies have put Canada in a position where Canadians are Instagram-posting outrage pictures of the price to fill up their tanks. Our policies have consequences, and those consequences are hitting Canadian families directly. The good news is we could do something significant today. We could provide immediate relief to families by providing a GST holiday on gasoline and diesel. We could immediately provide relief at the pumps to all Canadians and reduce prices by about 5%. That is 8¢ per litre. That is real savings. We could be fighting for families across Canada who have been pushed to the brink by the cost of living crisis. We could be fighting to leave money where it belongs: in the pockets of hard-working Canadians. We could do that if members of the House support this measure and support the motion. Record high gas prices do not appear to be going away any time soon. In March 2021, gas was $1.24 a litre in my riding. Today it is $1.75. That is just a year later. I live in a community where, as in so many others, it is nearly impossible to get around without a car. It is impossible to get to work on a bicycle, impossible to take the kids to hockey practice on a skateboard, and impossible to get groceries on roller skates. The government's solution of reducing carbon emissions cannot be one that ignores the realities of life for so many Canadians. More Canadians are struggling to make ends meet. Young people are giving up on home ownership, and nearly half of Canadians are worried about their financial security this year. A high-tax, high-debt agenda set the stage for inflation. It set the stage for punishing prices at the pumps, and today we have the opportunity to finally give Canadians the relief they need. We are calling on the government to pause the GST on fuel and give Canadians a break. I will ask members of the House to do the right thing by their constituents and support the motion in the House. We simply cannot afford not to.

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Context: House Hansard - 43 - Mar/22/22

Mr. Blake Desjarlais (Edmonton Griesbach, NDP)

Mar/22/22 4:08:38 p.m.
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Madam Speaker, the residents of my community in Edmonton Griesbach are also suffering from this affordability crisis. It is hurting them not just in everyday rent, gas and groceries; they are also scared for their kids. What I want to hear the member talk about is how this country's economy is truly going to help these folks in a real way. This proposal in many ways is temporary, but we know that this crisis may be long-lasting. These companies are profiting. Suncor, for example, profited by $4.1 billion, paying out $3.9 billion to its shareholders. CN Rail had $7.7 billion in profit. Would the member agree that we need to tax profiteers who have made unjust amounts of money and reinvest the money in the people who need it most as a real plan for affordability?

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