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Decentralized Democracy

House Hansard - 102

44th Parl. 1st Sess.
September 26, 2022 11:00AM
  • Sep/26/22 1:19:38 p.m.
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  • Re: Bill C-31 
Madam Speaker, as I said, it is obviously just a drop in the bucket. It adds up to $42 a month. For someone paying $1,500 or $1,600 a month in rent, it does not make a big difference. However, when people are in need, every cent they receive can give them a little bit of breathing room. That is why we have mixed feelings about it. Some members are saying that this changes nothing, that it does not address the problem, but if we can give $500 to people whose rent represents more than 30% of their income, I think we should do it. However, that is not all we should be doing. We should also be building housing. I do not know how many of us have ever taken economics courses, but it seems to me that the basic rules of supply and demand are not difficult to understand. There is a shortage of housing, so we should invest in construction. That will lessen the pressure on housing. This will require action, however, and we are faced with a government that is doing nothing.
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  • Sep/26/22 5:22:33 p.m.
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  • Re: Bill C-30 
Madam Speaker, with reference to my hon. colleague across the way who was questioning as to whether this inflation was being driven more by supply-side economics, I wonder if the member could comment as to whether it is the supply side from economic goods or the supply of cash, in his opinion, that is driving this inflation.
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  • Sep/26/22 6:20:17 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I think the member's question demonstrates quite clearly the issue that we have here. The government does not really understand how economics work. All economists are willing and very happy to explain to people that, when governments add a lot of money to the economy, it causes inflation. It is a proven fact. It happens all the time, and we are seeing it right now. Yes, it is happening in different countries around the world, but it gets worse depending on how the government impacts that. In Canada, our government has shovelled so much money into the economy that our inflation is actually hurting us more than it needs to. That is what we will be fixing with the new Conservative government.
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