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Decentralized Democracy

House Hansard - 134

44th Parl. 1st Sess.
November 24, 2022 10:00AM
  • Nov/24/22 2:22:54 p.m.
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Mr. Speaker, yesterday the Governor of the Bank of Canada said that, had the government shrunk its deficit, inflation would not be as high. Because of today's exorbitant deficits, inflation is costing every Canadian an extra $3,500. Now that the Prime Minister can confirm that the deficits caused inflation, will he shrink them so Canadians can pay their own bills?
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  • Nov/24/22 3:18:01 p.m.
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Yes, Mr. Speaker, it is the best part of Thursday. It is the Thursday question. I just want to ask the government House leader if he can inform the members as to the business for the rest of this week and for next week as well. I would like to take the opportunity to make a couple of suggestions for government business. We had the Bank of Canada governor admit at committee that deficits fuel inflation, so I was wondering if there would be an opportunity for the government to introduce another fall economic update where it would lower its deficits. Also, I was wondering if the government might schedule a take-note debate at some point next week so that the House can really study the Parliamentary Budget Officer's report that concludes, based on numbers that the government has provided, that the vast majority of Canadians pay far more in the carbon tax than anything they hope to receive in the form of a rebate.
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