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House Hansard - 143

44th Parl. 1st Sess.
December 7, 2022 02:00PM
Context: House Hansard - 143 - Dec/7/22
Mr. Greg McLean (Calgary Centre, CPC)
  • Dec/7/22 4:18:39 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I want to remind the House that we are debating the fall economic statement. I always notice, and I mean this in the nicest way, that the Liberal speakers know very little about the economy when we are debating economic matters like the economic statement. I listened to the member across the way, with intent, because he did bring up some historical context here about inflation. I wonder if he knows that the rate of inflation and how it is measured in Canada is historically lower than it is in the United States because of the way we measure owners' equivalent rent. Most Canadians are asking, “How come it is always lower in Canada than it is in the United States?" Since he referenced some history about one time when it was actually higher in Canada, according to his interpretation, I will ask him this. Did that measurement change during those years, or did that measurement change to manipulate the inflation rate that we are showing right now? It is an open question. I actually do not know the answer.
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