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Decentralized Democracy

House Hansard - 143

44th Parl. 1st Sess.
December 7, 2022 02:00PM
  • Dec/7/22 3:12:30 p.m.
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Mr. Speaker, we have attracted a record number of investments. In fact, Bloomberg ranked Canada second in the world for its battery ecosystem. More recently, while I was in Germany, we signed a renewed MOU with Volkswagen at a time when it said it was considering Canada for its first battery cell manufacturing plant in North America. This is good news for workers. This is good news for the economy. This is good news for Canada.
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  • Dec/7/22 4:17:40 p.m.
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  • Re: Bill C-32 
Mr. Speaker, in the legislation that accompanied the very first budget, from what I understand, we increased the tax bracket for Canada's wealthiest 1%. From the very beginning to the more recent federal budget where we put in a special tax, which is due to the recovery, on banks and insurance companies, the Government of Canada wants to ensure that everyone believes, knows or understands that we all have to pay our fair share. Over the last number of years, we have put a great deal of emphasis on Canada's middle class. The healthier our middle class is, the healthier our economy will be, and we are there to support the middle class and those aspiring to be a part of it.
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  • 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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