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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 2:56:34 p.m.
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Mr. Speaker, since the Prime Minister is unclear on where he stands, let me speak directly to workers and let them know that we stand on their side for better wages. If the only response to inflation and the cost of living going up is for the Bank of Canada to increase interest rates, that will only mean more pain. It will mean more pain for families paying their mortgage and more pain for people buying their groceries on credit cards. We know that corporate greed is driving up the cost of living. Will the Prime Minister tackle corporate greed?
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