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House Hansard - 143

44th Parl. 1st Sess.
December 7, 2022 02:00PM
Context: House Hansard - 143 - Dec/7/22
Mr. Jagmeet Singh (Burnaby South, NDP)
  • Dec/7/22 2:33:22 p.m.
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Mr. Speaker, the job of the Bank of Canada should not be to create more pain for Canadians, and the government should find a way to reduce that pain and step up for them. Consumer debt is up 8% over last year. These are tough times. Consumer debt is quite high because of interest rates and the rising cost of living. Workers are bearing the brunt of all this pressure. When is this government going to deal with inflation in a way that no longer puts pressure on workers?
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Context: House Hansard - 143 - Dec/7/22
Mrs. Salma Zahid
  • Dec/7/22 4:30:38 p.m.
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  • Re: Bill C-32 
Mr. Speaker, through Bill C-32 and our fall economic statement, we are trying to provide targeted support to Canadians who need it the most, by doubling the GST tax credit, by eliminating the student debt loan and by providing a one-time $500 top-up allowance for renters who cannot afford it. I talk to constituents in my riding every day, and they bring up these issues. Affordability is becoming a concern for many. These are measures, like the measures the members on the opposite side voted against, such as providing dental support for families with kids under the age of 12. We are lucky to have insurance, but there are many families in my community who have no insurance to take their kids to the dentist.
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Context: House Hansard - 143 - Dec/7/22
Mr. Alex Ruff (Bruce—Grey—Owen Sound, CPC)
  • Dec/7/22 5:06:52 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I have a simple question. Obviously, with the doubling of the national debt under the current Liberal government to over a trillion dollars, the servicing of the national debt is going from $25 billion this year, the same as we put into our Canadian Armed Forces, our military, to, next year, close to $50 billion, the same as we do for health care transfers. I would like my hon. colleague to expand on what we could actually do with that $50 billion.
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Context: House Hansard - 143 - Dec/7/22
Mr. Don Davies
  • Dec/7/22 5:46:04 p.m.
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  • Re: Bill C-32 
Madam Speaker, I would like to thank my hon. colleague for that great question and her concern for students and making sure we facilitate the education of Canadian students. When I went to university in the 1980s, I and many of my friends came from working-class homes. We could go to university and work part-time jobs. Tuition was low, and we could get an education without going horrendously into debt. That is no longer the case. I do not see why getting a university, apprenticeship or community college education should cause people to go into debt, when we do not expect that for grades 11 or 12. I think this is a really good start by the government, and I congratulate my colleagues in the Liberal Party for recognizing that we can start by eliminating interest, because we should not be profiting from the debt of students. Then I think we need to take that next step and make sure students do not go into debt at all to get an education.
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