44th Parl. 1st Sess.
October 24, 2022 11:00AM
- Oct/24/22 2:12:48 p.m.
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Mr. Speaker, Canadians are bracing for a difficult period ahead. Winter is coming. Warnings about a slower economy and inflation resulting in higher food and energy prices are enough to increase the anxiety of all Canadian families.
On this side of the House, the Leader of the Opposition warned the government how drastically increasing the money supply could lead to inflation. Even a few months ago, when anyone raised concerns about the risk of a slowing economy, the Deputy Prime Minister called those individuals “economically illiterate”.
Do members remember when inflation was supposed to be transitory? The government spent years telling Canadians that deficits and debts were not a problem because interest rates were low. It added $100 billion to the debt before COVID, $500 billion during COVID, and now we are going to spend more in interest on the debt than we do on national defence.
Canadians are told not to worry because the Liberal government has found fiscal restraint, but how can they trust the arsonist to put out the fire?
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- Oct/24/22 2:19:10 p.m.
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Mr. Speaker, winter is coming but inflation is already here.
Liberal inflation has driven up the price of food and driven up the cost of gas, and now the Prime Minister wants to make it more expensive to heat one's home this winter. Seniors across Canada could see their gas bills double because of the government’s tax hikes.
If the Liberals will not listen to their own constituents, maybe they will listen to the Liberal Premier of Newfoundland and Labrador, who said that rural seniors will struggle to keep the heat on.
Will the Prime Minister show some compassion and vote this afternoon to cancel his plan to hike taxes on home heating?
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- Oct/24/22 2:20:20 p.m.
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Mr. Speaker, the minister knows that the vast majority of Canadians will never see a penny of that money, but every Canadian is paying the tax hike to heat their home.
The question was about home heating. The Prime Minister wants to triple the tax on seniors for the crime of heating their homes in Canada, in the winter, in February. It is not a luxury; it is a necessity.
Will the ministers driving inflation on the front bench allow their colleagues who understand the problem to vote this afternoon to exempt home heating from their planned tax hikes?
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- Oct/24/22 2:30:18 p.m.
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Mr. Speaker, last week, former Bank of Canada governor and potential Liberal leadership candidate Mark Carney told a Senate committee that the rising cost of living and inflation are domestic stories. Bank of Canada governor Tiff Macklem has said that inflation is homegrown, even noting that the carbon tax contributes to inflation, yet, as winter approaches, this costly coalition is not doing anything to make Canadians' lives and home heating affordable.
Will the Liberals provide Canadians relief by removing home heating from the carbon tax?
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- Oct/24/22 2:32:20 p.m.
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Mr. Speaker, Liberals like to try to blame everyone else for the inflation they have caused, but Canadians know it was the Prime Minister's massive deficits and money printing that has driven inflation to record highs.
It is too late to undo the inflation that the government has already caused, but it is not too late to do something about soaring energy costs going forward. Analysts are predicting that home heating costs will skyrocket this winter, where many families will be paying twice as much this winter than they did last winter just to stay warm.
Will this costly coalition abandon its plan to triple the carbon tax and give Canadians a break on their home heating costs?
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- Oct/24/22 2:33:02 p.m.
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Mr. Speaker, I think we should deal in facts. Most of the G7 countries have higher inflation rates than Canada does, and that opposition supported almost all of the COVID supports they are speaking to.
As I said, more than 80% of Canadian families get more money back than they pay in the price on pollution. We are investing a quarter of a billion dollars to help families reduce their heating costs, through the implementation of things such as heat pumps, and address the climate crisis we face concurrently.
It is important to know that one has to have a plan, both for affordability and the economy, but one also needs a plan to fight climate change.
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- Oct/24/22 2:33:40 p.m.
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Mr. Speaker, Liberals like to pretend that inflation is kind of like the weather, as though one could bundle up as the inflation front rolls in and mothers will line their children's pockets with extra twenties in case prices go up.
We all know it is caused when governments spend more money than it has and then run the printing presses to pay for it. The carbon tax is not working. The people who are concerned the most about climate change should be opposed to the carbon tax the most, because they have not hit a single target they have set for themselves. The Prime Minister's own watchdog has said that most Canadians pay more than they get back.
Will they abandon their plans to hike the carbon tax on Canadian families this winter?
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- Oct/24/22 2:36:07 p.m.
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Mr. Speaker, today, the Liberal government could do the right thing for all Canadian families.
We asked the Liberals to lower the carbon tax, but they did not want to do that. What they want to do instead is triple the Liberal carbon tax. Winter is coming. Canadians need to heat their homes, and the Liberal carbon tax is going to have a direct impact on inflation.
All Canadian families are being affected by inflation, so will the government give them some good news today and do the right thing by not raising the Liberal carbon tax?
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Mr. Speaker, Canadians are also being affected by rising inflation across the globe. Our government remains committed to this fight and is constantly looking for solutions that will help Canadian families.
Can the minister tell us how important it is to pass Bill C-31, which will help Canadian children have access to affordable dental care and bring much-needed relief to those who are having a hard time paying their rent?
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- Oct/24/22 3:04:34 p.m.
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Mr. Speaker, we know that climate change is real, which is why we have put a price on pollution. It is very important to have a mechanism that will help us contain climate change. We have seen the forest fires and the floods. We have seen the pressure that insurance companies are putting on the average person here in Canada. That is why we are taking action on inflation with a multibillion dollar plan to help Canadians. That is what responsible government does.
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- Oct/24/22 2:22:50 p.m.
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Mr. Speaker, at an automotive industry conference last week in Windsor, the Minister of Finance publicly contradicted the Prime Minister when she stated that the federal government will have to tighten its belt in the coming months to avoid increasing inflation inadvertently.
This announcement about reducing new budget measures was a surprise to some, as the Prime Minister has been doing the opposite since 2015. The costly Liberal-NDP coalition is finally admitting that its out-of-control spending has fuelled inflation.
Can it now admit that tripling the carbon tax is a bad idea and that it increases the cost of living?
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