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House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
  • Oct/4/22 11:21:15 a.m.
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  • Re: Bill C-30 
Madam Speaker, it is not up to political parties to decide what is causing inflation. In a recent paper from the University of Calgary, economists found that three-quarters of inflation in Canada since the second quarter of 2021 has been driven by supply-side challenges such as food crops and oil production disruptions, for example. The GST credit top-up we are discussing from this bill would be received by low- and modest-income households, folks who would be using the additional benefit to purchase the same goods they would have otherwise already consumed. It is the same reason that investing in the Canada disability benefit would not be inflationary spending. Is the member for Coast of Bays—Central—Notre Dame aware of, and has he seen, this research?
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