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House Hansard - 130

44th Parl. 1st Sess.
November 18, 2022 10:00AM
Context: House Hansard - 130 - Nov/18/22
Ms. Elizabeth May (Saanich—Gulf Islands, GP)
  • Nov/18/22 10:58:34 a.m.
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  • Re: Bill C-32 
Madam Speaker, I want to follow up on the question from the hon. member for Lac-Saint-Louis to the member for Kenora, because a really critical point is understanding that what we are experiencing now is not typical inflation. Real costs have really gone up. I was recently talking to a farmer in Alberta who had real drought that meant that he could get a yield of only about half the barley he would normally get, but on balance the year was good because the war in Ukraine is so caught up in the cost of barley that the prices have soared, so half as much barley yielded more profit. This is complicated stuff, and it is not about one thing only. It is a bit about demand-driven inflation, but it is a lot about supply-driven inflation, which means that the tools are not as easily described as government spending too much money. I wonder if the member has any thoughts on that.
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