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Decentralized Democracy

House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
Context: House Hansard - 107 - Oct/4/22
Mr. Frank Caputo
Madam Speaker, it is interesting that my colleague from Winnipeg is heckling me as I am saying this, because I am speaking about a bill that should be of interest to everybody in the House. Now the member for Kingston and the Islands is getting in on the act.
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Context: House Hansard - 107 - Oct/4/22
Mr. Irek Kusmierczyk
  • Oct/4/22 7:56:29 p.m.
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Mr. Speaker, by investing in our young people today, we are securing Canada's growth and economic prosperity for future generations. We remain committed to permanently eliminating the federal interest on Canada student loans and Canada apprentice loans. In the meantime, the waiver of interest accrual on student apprentice loans has been extended to March 31, 2023. This will mean savings for approximately 1.2 million Canadians repaying student and apprentice loans, the majority of whom are women. We will help young Canadians transition into the workforce. This is our commitment.
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Context: House Hansard - 107 - Oct/4/22
Mr. Lloyd Longfield (Guelph, Lib.)
  • Oct/4/22 11:51:58 a.m.
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  • Re: Bill C-30 
Madam Speaker, I am really enjoying the discussion today. The Bank of Canada has a target of 2% inflation that it is trying to bring us back to. As the member mentioned, in June inflation was growing, in July it peaked at 8.1%, and now it is coming back down to 7% because the Bank of Canada has introduced higher interest rates. The higher interest rates are impacting the more vulnerable people in Canada, so there is a combination there of trying to cool the housing market and trying to slow down the inflation caused by the out-of-control housing market. As the member says, the impact on seniors is something that we need to be addressing. Could the member talk about how this is a targeted approach with a time limit so that, when inflation comes back toward 2%, we do not have something that is going to fuel inflation going forward?
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