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House Hansard - 131

44th Parl. 1st Sess.
November 21, 2022 11:00AM
  • Nov/21/22 12:30:39 p.m.
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  • Re: Bill C-32 
Madam Speaker, once again we are seeing the Liberals stifling debate. When they realize that they do not have a solid platform to stand on, what do they do? They remove the platform and shut things down. If they really understood what this economic statement and budget would do, they would see that giving away more free money to people is going to further exacerbate inflation. Increasing taxes, especially payroll taxes and the carbon tax, is going to increase inflation, which is actually harming the very people they are claiming to help. What is it about economics that the Liberals not understand?
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  • Nov/21/22 6:03:55 p.m.
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  • Re: Bill C-32 
Mr. Speaker, it was interesting to hear the member for Huron—Bruce open his speech by referring to Milton Friedman as the founder of modern economics. Of course, we are talking about the 20th century and not the 21st century. I wonder, in the 50 years that have passed since Friedman advised Reagan and Thatcher, whether the member is familiar with a living Canadian economist called Jim Stanford, who has talked about how the causes of inflation have changed and about how applying the old solutions Milton Friedman talked about will only cause greater pain for Canadians and greater damage to our economy?
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  • Nov/21/22 6:05:14 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I thank my colleague for an excellent and very interesting speech. The new trend among Conservatives is to say that for every new expenditure, an old expenditure must be eliminated so that the balance remains at zero. They are obviously forgetting about inflation and economic growth. That is forgivable, however, since we know that economics is not the Conservatives' strong suit. Having said that, I would like to ask the member how much more money would be available for health transfers if we abolished all oil subsidies.
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