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Decentralized Democracy

House Hansard - 82

44th Parl. 1st Sess.
June 6, 2022 11:00AM
Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:20:45 p.m.
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Mr. Speaker, that is not true. Our budget includes a range of measures to help reduce the cost of living, such providing dental care for Canadians, offering a one-time $500 payment to those facing housing affordability challenges, doubling the first-time homebuyers' tax credit and introducing a multi-generational home renovation tax credit.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:22:01 p.m.
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Mr. Speaker, we know all too well that the cost of living is a big issue for Canadian families. That is why we created and indexed the Canada child benefit. A single mom of two can get up to $13,666. We increased old age security by 10%. We took care of our youth and now students can now save over $3,000 thanks to our plan.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:23:26 p.m.
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Mr. Speaker, we have no lessons to learn from the Conservatives when it comes to helping the most vulnerable Canadians cope with the cost of living. In 2015, when we formed the government, 5,177,000 Canadians were living in poverty. According to the last year for which we have statistics, that number has dropped to 3,794,000. That is progress.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:32:41 p.m.
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Mr. Speaker, do we know what all of those countries have in common? In all of those countries, the rate of inflation is higher than it is in Canada. In Canada, the latest inflation number is 6.8%. In the U.S., it is 8.3%. In the U.K., it is 9%, and in Germany, 8.7%. The OECD average is 8.8%. That is what they have in common and that is how they are different from us.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:33:52 p.m.
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Mr. Speaker, do we know who should have a little bit of humility when talking about central banks? A member of a party in which a candidate for the highest office has impugned the independence of the central bank, which is one of the key institutions in Canada, and Canada's strong institutional— Some hon. members: Oh, oh!
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland
  • Jun/6/22 2:34:42 p.m.
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Mr. Speaker, we were talking about humility, and I was pointing out that a member of a party in which a leading voice is impugning the independence of the Bank of Canada precisely at the moment when our economy needs a strong, independent and well-respected central bank is a person who should demonstrate some humility.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:37:04 p.m.
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Mr. Speaker, Canadians understand very well that inflation is a global phenomenon driven today very much by Vladimir Putin's illegal war in Ukraine. Our government understands that the cost of living is a challenge for Canadians, and that is why we are taking concrete steps. Let me name a few of them: a $500 payment to those facing housing affordability challenges, dental care for Canadian families, doubling support provided through the first-time homebuyers' tax credit and a multi-generational home renovation tax credit.
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Context: House Hansard - 82 - Jun/6/22
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • Jun/6/22 2:49:13 p.m.
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Mr. Speaker, our government absolutely understands that affordability is a challenge for Canadian families. That is why this budget includes some very strong measures to help Canadians: a $500 payment for Canadians who are facing challenges with housing affordability, dental care. I am glad the member spoke about the CCB, which is indexed to inflation. Thanks to that, a single mother with two children will receive up to $13,666. When it comes to seniors, the OAS is going up by 10%.
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