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House Hansard - 130

44th Parl. 1st Sess.
November 18, 2022 10:00AM
Context: House Hansard - 130 - Nov/18/22
Mr. Francis Scarpaleggia (Lac-Saint-Louis, Lib.)
  • Nov/18/22 10:55:01 a.m.
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  • Re: Bill C-32 
Madam Speaker, the Conservatives tend to focus on correlation rather than causation, so they will say there is a Liberal government in Ottawa and there is global inflation, including bad inflation in England, and therefore it is the Liberal government's fault. However, that is not how economics works. We have to look at causation. I would like to understand a bit more the member's logic about food inflation. Is it demand-caused inflation? People can only consume so much food, and food demand goes up with population growth. It is not a function of how much the government spent on infrastructure last month. Therefore, is it demand driven or is it supply-cost driven? The price on carbon did not triple; it went up by 2.2¢ per litre last April. I am just wondering how that 2.2¢ per-litre increase can be contributing to so much food inflation, which is running above 10%.
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