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Decentralized Democracy

House Hansard - 122

44th Parl. 1st Sess.
November 1, 2022 10:00AM
Context: House Hansard - 122 - Nov/1/22
Mr. Jeremy Patzer
  • Nov/1/22 3:32:04 p.m.
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Mr. Speaker, when we look at how much money the government has borrowed and how much money the government has printed to be able to buy up government debt, that is creating inflation. This is creating the issue of Canadians not being able to buy more goods, because the value of our dollar is worth less. This was a decision the Government of Canada in itself made on its own. This is one of many issues going on, but the more the government continues to borrow and spend above its means, the more Canadians are going to have to pay for that. Regardless of the program the government puts in place, Canadians are still going to be paying for it either directly or indirectly. One of the worst silent or invisible taxes is inflation. We see the way it has gone. For example, back in May the average mortgage in Canada was $800 more in the span of only six months. I cannot even imagine what it is now.
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