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Decentralized Democracy

House Hansard - 134

44th Parl. 1st Sess.
November 24, 2022 10:00AM
  • Nov/24/22 3:04:11 p.m.
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Mr. Speaker, since 2015, the Prime Minister has doubled our national debt to $1.2 trillion. Over $100 billion of that was even prior to the pandemic. He has incurred more debt than all other prime ministers combined. Just yesterday, the Governor of the Bank of Canada told me that, but for this massive spending, inflation would have been less. This is a very important question: Will the Prime Minister finally admit that his failed fiscal policy is costing Canadians more for everything?
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  • Nov/24/22 3:05:32 p.m.
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Mr. Speaker, the reality is that 40% of spending that took place during the pandemic, according to the government's own appointed Parliamentary Budget Officer, had absolutely zero to do with the pandemic. The member's response is cold comfort for those who cannot afford to heat their homes because of the carbon tax or cannot afford to stay in their homes because of interest rates, or cannot afford groceries because of inflation. The fact of the matter is that the Governor of the Bank Canada has now confirmed what we all feared: excessive government spending is the cause of made-in-Canada inflation. Will the Prime Minister stop this problem, stop the spending and get inflation under control?
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  • Nov/24/22 3:08:14 p.m.
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Mr. Speaker, everyone agrees that the government is failing. Even the Governor of the Bank of Canada said yesterday that the government has been spending too much for too long. Even the Parliamentary Budget Officer said that Albertans will spend $2,000 more on the carbon tax than they will get back in rebates. When will the government do the right thing and cancel its plan to triple, triple, triple the tax on gas, groceries and home heating?
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