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Decentralized Democracy

House Hansard - 102

44th Parl. 1st Sess.
September 26, 2022 11:00AM
Context: House Hansard - 102 - Sep/26/22
Mr. Han Dong (Don Valley North, Lib.)
  • Sep/26/22 6:19:15 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I listened quite carefully to what the hon. member has said over the last 10 minutes. I just cannot get my head around something. He says the increased interest rate is causing inflation to increase, which I disagree with. If the United States increases its interest rate and we do not follow, that would depreciate the Canadian dollar, which would be an even worse situation with the inflation here in Canada. My question goes to his comment on national debt. He thinks the government spends so much money increasing the national debt. Almost in the same paragraph, he said that the government should cut taxes. If we cut taxes, we reduce our revenue for the government. Would that not increase our national debt even more?
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  • Hear!
  • Rabble!
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