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House Hansard - 122

44th Parl. 1st Sess.
November 1, 2022 10:00AM
  • Nov/1/22 11:35:58 a.m.
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Madam Speaker, there is no doubt that over the last couple of years there has been a lot of new money and government expenses as a direct result of the pandemic. I think a vast majority of Canadians would look at the need for the government to step up during the pandemic as absolutely critical. In fact, the federal government spent somewhere around 80% of all the new money going toward fighting the pandemic compared to provincial expenditures. There does need to be a sense of accountability, but over the next coming days, weeks and months we will see more accountability in how some of that money is being spent. I understand that OGGO, one of our standing committees, is already looking into the matter at hand. Could I get the member's thoughts in regard to the importance of standing committees and the roles they can play in ensuring more accountability?
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  • Nov/1/22 2:45:10 p.m.
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Mr. Speaker, let us look at the facts. During the worst pandemic in 100 years, the House and this government decided to support Canadians, our communities, our provinces and businesses. The former governor of the Bank of Canada, Stephen Poloz, analyzed our expenditures. He said, and I quote, “In fact, what the stimulus did was to keep the economy from going into a deep hole in which we would have experienced persistent deflation.” The Conservatives do not want to admit it, and yet, it is a fact.
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