44th Parl. 1st Sess.
November 4, 2022 10:00AM
- Nov/4/22 11:12:26 a.m.
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Madam Speaker, inflation is at a 40-year high. This week, butter, which is usually a staple on Canadian families' tables, is $8.29 a pound. It has practically become a luxury good. More and more parents are being forced to make agonizing choices, or even worse, to go without meals so their children can eat. Food banks were visited by 1.5 million Canadians in a single month. That is the sad reality, and that is on top of the ever-increasing cost of housing, home heating, groceries and transportation.
The inflation we are currently experiencing is a result of the government's out-of-control spending. The government has had its wallet wide open and its credit card out for years now. It has shown no restraint or forethought. We are in this situation because of the government's recklessness, but now it is time to course correct. If the government is serious, it will not increase taxes. It will reduce taxes and continue to lower the carbon tax.
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- Nov/4/22 11:21:24 a.m.
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Madam Speaker, the economic update released by the Liberals' costly coalition failed on every metric to address the cost of living crisis created by the Liberals' out-of-control spending. We had two demands: no new taxes on workers and seniors, and no new spending unless it was matched by equal savings. The newest inflationary plan triples the tax on home heating, on gas and on groceries, and added $21 billion to the inflationary spending that will drive up the price of everything.
They ignored the one responsible thing Canadians needed. How could they have missed that part?
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- Nov/4/22 11:22:38 a.m.
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Madam Speaker, the cheque is in the mail, but so are the credit card bills, the highest credit card bills Canadians have ever seen. Spending is up 30% over pre-COVID levels: $500 billion plus. Forty per cent of all of those new spending measures had nothing to do with COVID. That is over $200 billion. Do not forget the fancy hotels and the Liberal insider contracts for things we did not need and things we did not even get. Canadians are paying for all of this with the Liberal inflation tax caused by the Liberals' spending. That hurts families, it hurts seniors and it hurts workers.
How could they be so irresponsible?
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- Nov/4/22 11:23:51 a.m.
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Madam Speaker, Canada actually has the lowest projected growth of any advanced economy in the G7. That is on the 25th page of the last budget. The spending of the government is 30% higher. Does one think it is irresponsible that an inflation tax is eating into the paycheques of middle-class Canadians? One in five families are cutting down on their diets. The Prime Minister spent $6,000 a night on the most expensive hotel room in London, while Canadians cannot even pay their rent.
They know and they see the hypocrisy that every other Canadian sees. Why will the member not just finally condemn it?
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- Nov/4/22 11:25:00 a.m.
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Madam Speaker, the major PR campaign undertaken by the Minister of Finance has proven once again just how disconnected the Liberals are from the daily lives of Canadians. They have completely failed to present a solution to the cost of living crisis caused by out-of-control Liberal inflationary spending.
The Conservatives had two requests: no new taxes and no new spending without matching it dollar for dollar in savings. The government is proposing even more spending, which will make the cost of living crisis worse. There is $21 billion in new spending.
Why did the Liberals refuse to cancel the tax hikes?
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- Nov/4/22 11:36:57 a.m.
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Madam Speaker, the Liberals' economic update does not deal with the cost of living crisis.
We certainly warned the government that a $500‑billion deficit, $205 billion of which is unjustifiable, would have a direct impact on Canadians. This is cause and effect. The Prime Minister did not listen to us, and as a result, we are seeing the worst inflation in 40 years.
Will he listen to us this time and guarantee no new spending or tax hikes?
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- Nov/4/22 11:38:01 a.m.
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Madam Speaker, no matter what my colleague says, this does not address inflation, which is the highest it has been in 40 years. It is no wonder that 1.5 million Canadians turned to food banks in one month alone.
The Prime Minister tried to make up for it yesterday with the economic update. The problem, however, is that it does not address the cost of living crisis.
Can the Liberals fix their economic statement and assure us that there will be no new spending or tax increases?
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- Nov/4/22 11:43:30 a.m.
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Madam Speaker, the fall economic statement gets a failing grade. The house is burning down and the Liberals, rather than pouring water on the fire, are pouring fuel on the flames.
Spending is out of control, and it has led to inflation. One and a half million Canadians went to the food bank last month, yet the Liberals still plan to triple their tax on groceries, home heating and fuel.
Will the Liberals cancel their plan to triple the tax on home heating, groceries and fuel?
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- Nov/4/22 12:02:33 p.m.
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Madam Speaker, Canadians are not feeling the relief that the government has promised. The amounts of $500, $800 or $2,000 are the increases on mortgages alone that my constituents are reporting to my office. Where do we think this money comes from? It comes directly off the tables of Canadians. The government's new spending is not helping Canadians. It is actually making it worse.
Why will the Liberals not give Canadians some relief and cancel their triple tax on gas, groceries and home heating?
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- Nov/4/22 12:04:45 p.m.
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Madam Speaker, the economic update released by this costly coalition only features more of the same reckless spending policies that have driven up inflation on Canadians. Now people are worried and wondering how they are going to be able to fill their gas tanks, heat their homes this winter or put food on the table.
When will the Liberals finally stop their spending and cancel their plan to triple the taxes on gas, groceries and home heating?
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