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House Hansard - 76

44th Parl. 1st Sess.
May 20, 2022 10:00AM
  • May/20/22 11:54:18 a.m.
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Madam Speaker, I am quite surprised that we are receiving any questions related to the economy after a week in which the Conservatives fired their finance critic and seemed to have forgotten to hire a new one. Why did they fire him? It is because he thought it was a bad idea for the Conservatives to impugn the reputation and independence of the Bank of Canada. Perhaps he also thought it was a bad idea to outsource our monetary policy to Bitcoin. If the Conservatives would like to see real economic policy that will put money back into the pockets of Canadians, they only have to open their copy of the budget.
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  • May/20/22 11:57:35 a.m.
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Madam Speaker, deficits, monetary expansion and consumer taxes, like the carbon tax, all drive up inflation, and nowhere is this more obvious than in Canada's housing market, where the price of housing went through the roof at a time of massive job loss and shrinking GDP during the pandemic. The government's response has been to pat itself on the back while a generation of Canadians give up on home ownership. When will the government get serious about reducing inflation, especially in housing?
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