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Decentralized Democracy

House Hansard - 126

44th Parl. 1st Sess.
November 14, 2022 11:00AM
  • Nov/14/22 2:47:10 p.m.
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Mr. Speaker, in the last year, Canadian family wages rose less than half as fast as inflation, yet the Liberals recently had the gall to say that higher wage pressures are causing inflation, all while major grocery chains make huge profits and pay millions of dollars in compensation to their shareholders and CEOs. Just like the Conservative leader, the Deputy Prime Minister refuses to acknowledge the full extent to which corporate greed and profit-seeking are driving inflationary pressure on Canadian household budgets. My question is simple. When are the Liberals going to stop blaming workers and tackle the real causes of inflation by forcing CEOs and their corporations to pay their fair share?
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  • Nov/14/22 3:38:35 p.m.
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  • Re: Bill C-32 
Mr. Speaker, one of the things I want to pick up on is the fact that we are clearly in an economic crisis, with Canadians struggling across the country just to put food on the table and heat their homes. They are struggling to get by. The answer from the government, time and time again, is to spend more money, when this spending is the very thing that is causing the inflationary crisis to begin with. On this side of the House, we believe we should be measuring our success based on the results of the dollars we are spending, not just on how many dollars we can spend. When will the minister and the government recognize that, take action, stop the spending and ensure we can get things back on track for Canadians who are struggling?
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  • Nov/14/22 3:41:00 p.m.
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  • Re: Bill C-32 
Mr. Speaker, we are clearly in an inflationary cycle. That is no secret. It is happening here in Canada, and it is happening in Germany, in France, in the United States and in the United Kingdom. It is important to note, however, that inflation here in Canada is among the lowest in the world, as are our interest rates. What we have done for seniors is make sure all the benefits and supports they get, such as old age security, are indexed. They get their payments quarterly, not annually. That means there is a quarterly adjustment for inflation. We will work with our counterparts the world over to slow inflation. In the meantime, we will invest in Canadians who need it most where they need it most.
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  • Nov/14/22 4:31:31 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I thank my colleague for his analogies about sports. It was so nice to hear him talk about that. It brings some excitement into the House. The member talked a little about what this economic statement is, and it is really just a reannouncement of spending. It was interesting to hear the Liberals use the word “spending” today instead of the word “investments”. I also appreciate the member mentioning the word “inflation”, because I did not realize it was used only 115 times in the economic statement. However, the members talked about a senior he had seen and looked straight in the face. I would like to hear more of how that senior responded to the inflationary cost of their home heating, which is anticipated to be coming this winter.
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  • Nov/14/22 4:00:53 p.m.
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  • Re: Bill C-32 
Mr. Speaker, yes, sometimes inflationary readings indicate economic uncertainty. The government's own numbers were projecting 3.1% growth next year, and now it is projecting only 0.7% growth. There are economic challenges on the horizon. The government wants to talk about making the EI system better. We abandoned the EI system during COVID because it was inadequate. I would ask the government where the reforms are that it promised on the EI system to cover more individuals. I agree with the member's comments, and I thank her for her contribution.
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