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Decentralized Democracy

House Hansard - 104

44th Parl. 1st Sess.
September 28, 2022 02:00PM
  • Sep/28/22 2:25:27 p.m.
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Mr. Speaker, the cost of government is driving up the cost of living. The $500‑billion inflationary deficit has doubled our national debt. The Parliamentary Budget Officer said yesterday that Canadians will have to pay twice as much in interest on our national debt. They will end up paying $46 billion, which is more than the cost of the Canadian military. The Liberals' solution is to increase taxes on seniors and workers. Will the government cap spending so that it can cancel its inflationary deficits and taxes that Canadians are paying for?
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  • Sep/28/22 2:26:50 p.m.
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Mr. Speaker, in fact, the Prime Minister has added more debt than all previous Canadian prime ministers combined and doubled the national debt. Those inflationary deficits have bid up the cost of the goods we buy and the interest we pay. Now, according to the Parliamentary Budget Officer, we will have to pay twice as much for interest on that national debt, $46 billion, which is more than the cost of the entire Canadian military. What is the Liberal solution? It is higher taxes on paycheques, gas, groceries and other expenses. Why will the government not cap spending and cut waste so that it can cancel its inflationary deficits and taxes?
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  • Sep/28/22 2:38:21 p.m.
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Mr. Speaker, the minister knows she is collecting more in EI premiums than she will pay to workers, and the finance minister ought to know that the EI surplus goes to their coffers to feed their out-of-control inflationary spending. The government cannot simultaneously say it understands the pain of Canadians and raise taxes on them. I will ask this again. Will the government cancel the January 1 tax hikes?
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