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Decentralized Democracy

House Hansard - 108

44th Parl. 1st Sess.
October 5, 2022 02:00PM
  • Oct/5/22 2:55:16 p.m.
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Mr. Speaker, it is clear that wages have absolutely not kept up with inflation, and there is no evidence to suggest that high wages in any way contribute to inflation. However, there is mounting evidence that corporate greed is driving up the cost of living. Given that, it is outrageous for the Bank of Canada to tell employers not to increase workers' wages. My question is to the Prime Minister. Does he agree with the Bank of Canada that employers should not be increasing wages to keep up with inflation?
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  • Oct/5/22 5:23:50 p.m.
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  • Re: Bill C-30 
Mr. Speaker, it is interesting to hear the recounting of the increase in the price of things the hon. member mentioned. I am wondering if she can reflect on the fact that there have been no tax increases, yet a litre of gasoline out at the coast is $2.40 or more right now. Food is up, but there has been no additional tax on food. However, the big oil companies are producing record profits and the big grocery chains are producing record profits. Maybe she can tell the rest of us who is really responsible for the inflation we are seeing on the two key things that are driving the inflation rate: food and petroleum products.
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  • Oct/5/22 8:14:57 p.m.
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  • Re: Bill C-31 
Mr. Speaker, there is no doubt that, when we increase the size of the pie, everyone benefits. The reality is that when the pie shrinks, it is the most vulnerable who suffer. Like I said, 10% food inflation and 7% inflation in general are hurting people on fixed incomes the most, those folks who are wage earners and those who are trying to climb up the opportunity staircase. They are being brought down by the corrosive impacts of inflation. That is why we need to get this tax-and-spend NDP-Liberal government under financial control.
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