SoVote

Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
Context: House Hansard - 83 - Jun/7/22
Hon. John McKay
  • Jun/7/22 4:22:09 p.m.
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Madam Speaker, I appreciate that question from the hon. member, because in a speech I made about a year ago, or sometime around then, I flagged that particular issue. In fact, from my own grocery shopping, I recognized that inflation was here. I actually sat down with the PBO at one point and said, “I don't understand why we are not more alarmed about inflation.” People from the Office of the PBO had an explanation that I frankly could not understand, but that said, they were still very helpful in trying to explain it to me. The Bank of Canada had described inflation at that time as “transitory”. I think it recognized that it was on its way but did not recognize that it was possibly going to be more long-standing than it had previously anticipated, and if there is an issue to be had there, I think that is a legitimate point.
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Context: House Hansard - 83 - Jun/7/22
Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)
  • Jun/7/22 4:55:24 p.m.
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Madam Speaker, I am wondering if the member could provide his thoughts in regard to the Canada Infrastructure Bank. His colleague was very critical of Canada Infrastructure Bank, yet it has invested hundreds of millions of dollars in many areas in the country, and in particular in Brampton, for example, where it is actually responsible for ensuring that they get electric buses.
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Context: House Hansard - 83 - Jun/7/22
Mr. Richard Lehoux
  • Jun/7/22 4:55:49 p.m.
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Madam Speaker, I myself have not seen much in the way of positive outcomes from Infrastructure Bank of Canada projects. On the contrary, I think there are good reasons to get rid of it.
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Context: House Hansard - 83 - Jun/7/22
Mr. Lloyd Longfield (Guelph, Lib.)
  • Jun/7/22 8:49:38 p.m.
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Madam Speaker, I thank the hon. member for mentioning the infrastructure bank in a positive way. We have heard many comments through tonight's debate that the infrastructure bank is seen by some members as negative. In terms of infrastructure investment and closing the gap on infrastructure, attracting private capital and using the expertise from private and public partnerships, the hon. member was a mayor of a major city in Canada and knows the limitations that municipal governments have around infrastructure. Could the member speak to the importance of having these types of innovative investments in our infrastructure in Canada?
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