SoVote

Decentralized Democracy

House Hansard - 119

44th Parl. 1st Sess.
October 27, 2022 10:00AM
Context: House Hansard - 119 - Oct/27/22
Hon. Andrew Scheer
  • Oct/27/22 5:01:48 p.m.
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  • Re: Bill C-31 
Madam Speaker, I do not know if the member for Winnipeg North's mother ever used the expression, “Just because someone's friends go jump off a bridge does not mean they should too.” It is true. There are other countries that have inflation. They followed the same failed policies the government did. There are lots of times in human history when there seem to be a lot of people making the same mistakes. That does not make it right. To the Canadian who is going through the grocery store aisle and buying things we make here in Canada at inflated prices, it is no comfort to know that other countries are paying higher prices too. Other countries made the same mistakes. They printed money. They have inflation. Some countries did not print money to pay for their spending. Some countries, like Switzerland, maintained fiscal discipline, and that is why they are not experiencing inflation. That is the reason other countries—
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Context: House Hansard - 119 - Oct/27/22
Ms. Elizabeth May (Saanich—Gulf Islands, GP)
  • Oct/27/22 5:06:02 p.m.
  • Watch
  • Re: Bill C-31 
Madam Speaker, I know my hon. colleague from Regina—Qu'Appelle well, and I was in this place and certainly a close watcher of the Harper administration for years. I would like to put to the member that if Stephen Harper had been prime minister at the beginning of the COVID outbreak, there is no doubt in my mind that he would have done exactly the same things the Liberal government did. That is because every economy and central bank throughout the G20 followed the same prescription. It was dictated to us through the International Monetary Fund. I urge the hon. member for Regina—Qu'Appelle to check the June 17, 2020 report of the IMF. The central banks throughout the G20 followed all the same prescriptions: low interest rates and fiscal quantitative easing. Any member of the public can check it out. The reasons for Switzerland's not having high inflation have nothing to do with what the hon. member for Regina—Qu'Appelle said. The reasons have a lot to do with the fact that before the war in Ukraine the cost of living in Switzerland was already 51% higher than in Germany, because it has a very regulated economy. It has renewable energy locked in and high electricity prices.
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