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Decentralized Democracy

House Hansard - 118

44th Parl. 1st Sess.
October 26, 2022 02:00PM
  • Oct/26/22 3:00:19 p.m.
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Mr. Speaker, record inflation is a choice for the Liberals, after causing it with the $500 billion of inflationary deficit, much of which has nothing to do with COVID. They blame everything and everyone else. The Bank of Canada governor says that inflation is homegrown. Another past governor says it is domestic too. Now struggling Canadians are facing yet another rate hike that makes a bad situation worse. The Prime Minister is not letting up. He is raising taxes and, worse, he is still spending. Canadians know how we got here. They just want to know how he could be so irresponsible.
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  • Oct/26/22 3:01:41 p.m.
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Mr. Speaker, the Prime Minister will have plenty of opportunity to ask questions in the future, but he does not get it. Liberals told Canadians that interest rates would stay low. They told Canadians we would have deflation not inflation, and it would be temporary. They spent half a trillion dollars, which is more than every Prime Minister in the history of this country combined. They flooded the market with cheap cash and said not to worry about it. Now the Bank of Canada is cleaning up their mess by raising rates. Will the Prime Minister finally pull his weight around here and stop fuelling the fire that he himself has lit?
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