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Decentralized Democracy

House Hansard - 75

44th Parl. 1st Sess.
May 19, 2022 10:00AM
Context: House Hansard - 75 - May/19/22
Hon. Andrew Scheer (Regina—Qu'Appelle, CPC)
  • May/19/22 2:11:02 p.m.
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Mr. Speaker, inflation is not like the weather. It is not something that just happens like a snowstorm in May. The inflation that Canadians are suffering from today is a direct result of the deficits the Prime Minister racked up, bankrolled by the money printing of the Bank of Canada. When the Prime Minister ran out out of other people's money to borrow, he turned to the bank, and the governor was only too happy to oblige. The Bank of Canada created over $400 billion in brand new money to purchase the government bonds to pay for the out-of-control Liberal spending. Any time we get more dollars chasing fewer goods, we get inflation. The decision to bankroll the government's deficit spending undermined the bank's independence. It has one main mandate: to keep inflation at 2%. It has completely failed and Canadians are right to demand accountability. To restore the bank's independence, the leadership at the bank needs to stop acting like it is the Prime Minister's personal ATM. As Milton Friedman said, “Inflation is always and everywhere a monetary phenomenon”. We cannot expect the Prime Minister to know that. He brags that he does not even think about monetary policy.
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Context: House Hansard - 75 - May/19/22
Mrs. Julie Vignola
  • May/19/22 7:20:42 p.m.
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Madam Chair, I am not by any means questioning the work of officials. I am simply asking why it is hard to get the figures. Nevertheless, earlier, you were saying that spending is tracked very meticulously, you mentioned it just now. Why is it always so hard, either for a committee or for the Parliamentary Budget Officer, to get detailed expense reports and get clear answers to simple questions, such as explanations for cost overruns?
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Context: House Hansard - 75 - May/19/22
Mr. Kelly McCauley
  • May/19/22 8:15:19 p.m.
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Madam Chair, that is not the case. The large majority of dollars in purchases from Amazon are not for web services, and the Order Paper response provided by the government shows that. Why is the government spending so much on Amazon and not on small Canadian businesses?
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Context: House Hansard - 75 - May/19/22
Hon. Filomena Tassi
  • May/19/22 8:15:39 p.m.
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Madam Chair, actually, we are absolutely supporting small and medium-sized businesses. As I have said, 42% of COVID spending with respect to procurement was for Canadian domestic businesses. We have entered into major contracts. Millions of masks are being produced locally here and we are going to continue to do that.
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Context: House Hansard - 75 - May/19/22
Hon. Kerry-Lynne Findlay
  • May/19/22 9:10:08 p.m.
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Madam Chair, some $15 billion in defence spending was included in the budget but not declared or attached to anything. Can the minister tell us why, and what is that for?
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