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Decentralized Democracy

House Hansard - 112

44th Parl. 1st Sess.
October 18, 2022 10:00AM
  • Oct/18/22 5:35:31 p.m.
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  • Re: Bill C-31 
Madam Speaker, as I outlined in my speech, there have only been 11 and a half hours of debate for a bill that will effectively cost taxpayers $10 billion. When I was debating Bill C-31 last week, I outlined some of the work from every big bank in Canada that talked about the inflationary impact of further spending right now. If the government continues to spend money, the people who are going to be impacted the most are low-income Canadians. We need to get a handle on our spending right now to prevent further inflation and a further demise of the spending power of low-income Canadians, who are struggling the most.
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  • Oct/18/22 11:16:43 p.m.
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  • Re: Bill C-31 
Madam Speaker, this bill is going to spend another $10 billion. The government's national debt is already over a trillion dollars. The latest update shows consumer debt is at $2.24 trillion, which is a 16% increase from the prepandemic levels with about a 10% increase year over year from the second quarter of last year. We are talking about the cost of living relief, but I am wondering how adding another $10 billion to a program the provincial governments are not necessarily asking for is going to help. They are looking for other health care transfers and spending.
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