44th Parl. 1st Sess.
October 26, 2022 02:00PM
- Oct/26/22 2:47:56 p.m.
- Watch
Mr. Speaker, Canadians are now getting the bill for the Prime Minister's $500-billion inflationary deficit. Today, interest rates are being raised again. A family that bought a typical home five years ago with a typical mortgage that is now up for renewal will pay $7,000 more a year.
The Prime Minister said that the government was taking on debt so that Canadians would not have to. Who is going to make the extra mortgage payments?
78 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:48:34 p.m.
- Watch
Mr. Speaker, I will answer my colleague's question shortly.
I would like to begin by noting that today marks 40 days since the death of Mahsa Amini. In the wake of this senseless murder, we have seen the incredible courage of Iranian women who are still protesting for change and braving the violence and cruelty of the regime every day.
As the people of Iran and others around the world gather today and tonight, we hear them and stand with them, and will continue to hold the Iranian regime to account for its abhorrent, heinous behaviour.
98 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:49:19 p.m.
- Watch
Mr. Speaker, Canadians are now getting the bill for the Prime Minister's half trillion dollars of inflationary deficits that first drove up inflation and now drive up interest rates. A typical family who bought a typical home with a typical mortgage five years ago but are now up for renewal are paying $7,000 more per year.
The Prime Minister said the government was going to take on all this debt so that Canadians would not have to, as if they do not have to pay back government debt. If that were the case though, who is going to pay the extra mortgage payments for these families?
108 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:49:57 p.m.
- Watch
Mr. Speaker, through the pandemic we made the decision to support Canadian families, to support workers, to support small businesses, to make sure Canadians could hold on and to make sure our economy could hold on through an unprecedented, historic pandemic. At the same time, we were there to support Canadians as the economy got going again, and we are there to support them now with the GST rebate that is going to arrive in the coming weeks and with direct support for dental care and for low-income renters.
The question is this: Why are Conservative politicians not choosing to support Canadians on dental and rental?
107 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:50:39 p.m.
- Watch
Mr. Speaker, the Prime Minister caused this inflation crisis. Even Mark Carney, who will be the successor to the current Liberal leader, is saying that inflation is a homegrown problem. He is right. It is caused by the half trillion dollars of inflationary deficits that have bid up the cost of the goods we buy and the interest we pay.
Today, rates went up another half point, meaning many families will be handing in their keys to the banks, because they will not be able to afford those bills. Has the Prime Minister been briefed by his officials on how many Canadians will lose their homes because of the higher interest rates that his inflationary policies have caused?
118 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:51:22 p.m.
- Watch
Mr. Speaker, inflation is a worldwide problem right now, but it is a challenge faced by Canadian families, and we will continue to support them through it. That is why we are delivering supports for families right now in a targeted way, doubling the GST credit, which will arrive in the coming weeks in their banks accounts; moving forward on support for dental care and moving forward on support for low-income renters, things that the Conservative Party is continuing not just to vote against but to block; and we will continue to do more.
We will continue to be there for Canadians during the challenging times ahead, because that is what Canadians expect of their government.
117 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:52:03 p.m.
- Watch
Mr. Speaker, what they have come to expect of this government is that it raises the cost of living. The cost of government is driving up the cost of goods and now the cost of interest.
Two hundred billion dollars of the half trillion in deficits had nothing to do with COVID, according to the Parliamentary Budget Officer, and even that so-called COVID spending included the ArriveCAN app, an app that could have been designed in a weekend for a quarter of a million dollars but cost $54 million. The government claims that $1.2 million of that went to a company called ThinkOn. That company says it did not get that money. Who did?
116 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:52:43 p.m.
- Watch
Mr. Speaker, the appropriate ministers are looking into this and making sure that the mistake that was made by public servants in sharing information is followed up on.
At the same time, it is important to remember that we did a lot of things in an unprecedented way during an unprecedented pandemic, including delivering CERB cheques within weeks of people having to stay home from jobs in ways that were unthinkable only a few months before. We were there to support small businesses with record supports, so that we could come roaring back as an economy immediately after. Yes, we stepped up in a very rapid way to support Canadians, and Canadians know that is what got us through this pandemic.
121 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:53:26 p.m.
- Watch
Mr. Speaker, the Prime Minister cannot tell us who got the $1.2 million. He blames public servants for the mistake. Surely in the week since he learned of this misappropriation he could have found out where the money went, but he has not.
That is not the only example. There was also the $400,000 trip to London, for which there was a $6,000 suite for one night. It is just another example of the massive Liberal waste that has contributed to the inflationary deficits we now face.
If he cannot tell us which company got the money, can he at least tell us who got the $6,000 a night room?
114 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:54:06 p.m.
- Watch
Mr. Speaker, as Canadians know we had a large delegation, including a number of previous prime ministers and former governors general in London for—
Some hon. members: Oh, oh!
30 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:54:17 p.m.
- Watch
I have to interrupt the right hon. Prime Minister. The hon. Leader of the Opposition asked a question. I am sure he wants to hear the answer. I am going to ask everyone to calm down so we can hear the answer.
The right hon. Prime Minister, from the top, please.
51 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:54:35 p.m.
- Watch
Mr. Speaker, to mark the passing of Her Majesty Queen Elizabeth II, Canada had a large delegation that went to London to the funeral, including a number of former prime ministers and former governors general. We stayed in the same hotel.
Having a strong Canadian presence there as one of the top realm countries was expected of us, and it was important to see all Canadians so well represented together at the funeral.
73 words
All Topics
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:55:07 p.m.
- Watch
Mr. Speaker, some laws and initiatives with budget implications require a royal recommendation before they can be adopted in the House. It is a symbolic gesture, but it is in the rules.
My question relates to the budget. Inflation makes seniors very vulnerable, especially those the government discriminates against, the ones aged 65 to 75, particularly if they depend on government assistance. As such, and as the need for an economic update becomes increasingly urgent, will the government reconsider its position and increase old age security to a level that will enable seniors to cope?
95 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:55:49 p.m.
- Watch
Mr. Speaker, the good news is that seniors are now living much longer and healthier lives than they did decades or generations ago.
That is a good thing, but it means that too many seniors run out of pension and savings before they die. We recognize that, starting at the age of 75, seniors have greater needs, and that costs more. That is why we have chosen to increase old age security for all seniors 75 and up. Our goal is to provide an appropriate level of support to those in greater need.
93 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:56:32 p.m.
- Watch
Mr. Speaker, I would encourage the Prime Minister to go back and listen to his answer later.
This question also has a budgetary dimension, so perhaps we need to pretend to have the assent of our friend Charles, who does not need any assistance, although he is quite old.
As the Prime Minister knows, hospital emergency rooms are overflowing. The most dreaded season in terms of health care challenges is upon us. We are facing another wave of COVID-19. The health care system is crumbling because of funding problems.
In order to avoid lengthy debates, wasted time and jurisdictional squabbles, and for the good of Quebeckers and Canadians, will the Prime Minister reverse his position and transfer the money for health care with no strings attached?
127 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:57:15 p.m.
- Watch
Mr. Speaker, the Canada Health Act exists to ensure that Canadians across this country have equal access to quality health care across Canada. The federal government's role is to ensure that all Canadians have a good health care system.
The provinces, in turn, are responsible for the health care systems, and the federal government is very happy to partner with the provinces to fund these services. We are in talks with the provinces to deliver the results and services that Canadians, including Quebeckers, expect.
85 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:57:58 p.m.
- Watch
Mr. Speaker, today the Bank of Canada raised interest rates again.
Managing inflation is not just the Bank of Canada's responsibility. The Liberals share that responsibility as well. Many economists are predicting a recession. People expect us to prepare for the future.
When will the government stop hiding behind the Bank of Canada and show some leadership?
58 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:58:27 p.m.
- Watch
Mr. Speaker, that is exactly what our government is doing. We are remaining responsible within the fiscal framework to maintain our capacity to respond if economic conditions worsen, but we are also there with targeted assistance for those who need it.
Whether it is the 11 million households that will receive a GST rebate cheque in the coming weeks, whether it is direct assistance to families for dental care, or whether it is help for low-income renters, we are helping Canadians get through the difficult months ahead.
89 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:59:08 p.m.
- Watch
Mr. Speaker, the Prime Minister's own former economic adviser has raised concerns of increased household costs because of interest rates going up. He says an average family with a new mortgage, before today's new increase, could see an increase of $11,000 in extra costs to their annual budget. Most families do not have the ability to absorb that kind of hit.
When will the government help families that are reeling with the shock of increasing interest rates?
80 words
- Hear!
- Rabble!
- add
- star_border
- share
- Oct/26/22 2:59:40 p.m.
- Watch
Mr. Speaker, we know how much families are concerned both with rising prices right now and with the spectre of increasing interest rates that are going to continue to put pressure on their mortgages and their savings. This is why we are taking action right now, in a targeted way, to ensure that we are supporting millions of households, millions of families, with GST rebates, with help for dental care and with help for low-income renters. We are going to continue to make sure we have the capacity to respond if the economic situation worsens for Canadians over the coming months.
102 words
- Hear!
- Rabble!
- add
- star_border
- share
- menumenu
- notificationsnotifications
- home
- mailmail
- searchsearch
