44th Parl. 1st Sess.
February 14, 2023 10:00AM
- Feb/14/23 10:24:54 a.m.
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Random Liberals, like Bank of Canada governor Tiff Macklem, former governor of the Bank of Canada Mark Carney, former finance minister Bill Morneau, and former deputy prime minister and finance minister John Manley all warn that inflation is a domestic issue and the government is overspending. Debt is only going up, and nothing is being done to address it. Canadians are going hungry. Seniors are turning off the heat just so they can afford groceries, and young adults live in their parents' basements because home ownership is nothing but a dream. Household and national debt are at absolute highs.
Conservatives are ready to come in and clean up this mess. We are ready to rein in the wasteful spending and cut the rising taxes. Canadians need more of their money left in their pockets. We will unleash Canada's amazing private sector to create the technological advancements needed to address climate change. We will unleash the homebuilders, who will build more affordable housing supply, and the farmers, who will grow affordable food to stock our grocery stores and feed the world. We will get gatekeepers and red tape out of the way of our world-class energy sector, which can provide all Canadians with affordable, clean Canadian energy.
This is how to address this affordability crisis. This is how to grow an economy without increasing inflation. This is how to actually help Canadians. Enough with corporate handouts and insider contracts. Enough with government waste and out-of-control inflationary spending. Enough with the record deficits and doubling the debt. Conservatives will fire the gatekeepers and high-priced consultants, rein in the spending and axe the failed carbon tax. Let us get Canadians back on track and make Canada the freest country in the world.
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- Feb/14/23 10:55:07 a.m.
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Madam Speaker, the Trudeau legacy of the 1970s and 1980s was a disastrous inflation crisis, energy crisis and fiscal crisis that was terrible for Canadians at the time over those 15 years when that government ran deficits in 14 out of 15 years. A generation later, it led to $35 billion in cuts to transfers for health care, social services and education under the Chrétien and Martin Liberal governments. It was $35 billion in cuts because of the disastrous Trudeau economic policies of the 1970s and 1980s.
Is the member concerned today that, at a starting point, the $4.5-billion broken promise on a Canada mental health transfer, a promise her own party made in the last election and cannot afford to keep, is just the tip of the iceberg in terms of things that will have to be cut for Canadians because of the disastrous economic policies of her government?
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- Feb/14/23 12:14:27 p.m.
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Mr. Speaker, I will be splitting my time with the member for South Shore—St. Margarets.
I am always honoured to rise in the House of Commons on behalf of my constituents to speak for individuals, families and communities in New Brunswick Southwest. New Brunswick is a place where people work hard, play by the rules and sacrifice for their kids and grandchildren. In this way, the Maritimes are really just like any other part of this great country.
Today, working hard is just not paying off like it once did. This is because the current federal Liberal government is not upholding its end of the bargain. It is not delivering on its promise to Canadians. Canada is at a difficult crossroads. The economic skies are very dark, and times are hard for Canadians. I remind the members opposite, the MPs who represent the Liberals and the NDP, that federal tax increases, sky-high deficits and out-of-control inflation are all results of deliberate policy choices made by the government, which they have supported for the last eight years.
What are the consequences of botched federal policies?
After eight years of the current Liberal Prime Minister, inflation is at a 40-year high. Since last year, the cost of groceries is up 11%. Half of Canadians are cutting back on groceries. Twenty per cent of Canadians, or one in five, are reducing or skipping meals to control costs and help make ends meet.
After eight years, the average rent for a two-bedroom apartment across Canada's 10 largest cities has doubled to over $2,200 a month, compared with less than $1,200 per month in 2015.
Nearly half of variable-rate mortgage holders are saying that rising interest rates could force them to sell or vacate their homes by the end of this year. Average monthly mortgage payments have more than doubled; they now cost typical Canadian family households over $3,000 per month.
Canadians are being squeezed by a vice grip of inflation and Bank of Canada mismanagement.
Liberal monetary policy has been a disaster, but this should not be a surprise. The Liberal leader informed Canadians in 2021 that he did not think about monetary policy. I actually thought the PM was boasting about not thinking, but look at the mess Canada is in. Liberal budgets are also moving in the wrong direction. The central philosophy is tax, spend and regulate. When that does not work, the Liberals hit repeat. They tax, spend and regulate.
Reckless Liberal spending, fuelled by easy debt, is the root cause of Canada's soaring inflation. The Government of Canada ballooned our national debt. It has doubled in the last eight years. The government has accumulated more debt than all previous prime ministers combined going back to 1867. This debt binge was encouraged by the Bank of Canada's policy of quantitative easing, and today, Canadians are paying for this entirely predictable effect of policy carelessness. The federal tax bite has worsened over the past eight years. Today, taxes on consumption and everyday living increase every year, while Canadians are falling further behind.
For the past eight years, the federal government has pursued a plan to make our affordable and abundant energy more expensive through regulation and ever-rising taxes. Home heating fuels, electricity and prices at the pump are all more heavily taxed, and the Liberals keep raising those taxes.
Canada can do better.
If we look back to eight years ago, taxes for families, businesses and individuals were lower in this country. If one earned a low income, one actually paid no federal income tax. The GST was cut to help low-income Canadians.
Our manufacturing and natural resources sectors were growing because Canada had a federal government that understood what fuels our economy and shared prosperity. Budgets were in surplus and taxes were cut. This allowed more households to save for the future, because federal government spending was focused on improving services and better outcomes for Canadians. Home ownership was growing, and people were able to afford the basics and save for tomorrow. Canadians, in short, were getting ahead.
Today, it is a completely different story. Inflation is at a 40-year high. Half of households earning less than $40,000 a year are worse off, because we know, should know or have learned that inflation is the price Canadians pay for all the government benefits the Liberals and their NDP coalition partners said would be free. We know that is just not true. Meanwhile, our allies across the globe are making desperate energy deals with dictators to buy oil and gas as Canada ignores requests for help. This is true in Asia and is true in Europe.
None of this happened by accident. It is the result of policy choices supported by the Liberal-NDP coalition. That is why today's motion is so important. It is a motion introduced by the Conservatives to get Canada back on track. It is a necessary course correction. We are calling on the Liberals to cap spending, cut waste, fire high-priced consultants who do not do much and eliminate inflationary deficits and taxes that have caused a cost of living crisis.
Unfortunately, I do not think members opposite will take advantage of this opportunity to fix their mistakes. They are committed to their belief that the federal government's primary role is wealth redistribution. In fact, the previous speaker said the government is about wealth redistribution, instead of what Conservatives believe in, which is expanding opportunity and creating wealth so we have the resources to fund our social programs and ensure Canadians get ahead. The Liberals are also preparing the next blow to our economy with a plan for a so-called just transition away from hydrocarbons.
I am a member of the public accounts committee, and we recently studied the government plan that seeks to shut down natural resource sectors to reduce carbon dioxide emissions. The government's planned transition will be so painful that it is being compared to the collapse of the northern cod fishery in Atlantic Canada in the 1990s, which was devastating. I note that the labour minister recently said Canada needs more oil and gas workers, not fewer, and cursed the misleading term “just transition”. That is because the member represents Newfoundland and Labrador and understands the danger the just transition poses to his economy and provincial economies across the country.
The members opposite are so desperate to hide this reality from the public that they are testing new buzzwords. How do they sell job losses? It is by mentioning “a fair economy, a green economy, a progressive economy, an economy that works for all Canadians, and an inclusive economy.” That is nonsense. What is so fair or inclusive about a federal government determined to put Canadians in the unemployment line? When someone is working two jobs just to make ends meet, pay their rent and buy food, as some of my constituents are, how can they possibly save enough to get ahead?
For years, the Conservatives said the carbon tax was a tax on everything. Members opposite scoffed, but today nobody is laughing as families struggle under punishing energy and consumer prices. The Liberals and NDP like to blame the Russians, but in my part of the world, over in the state of Maine next to New Brunswick, a litre of gasoline is 50¢ less after exchange than it is in New Brunswick. The Russians have nothing to do with it. That is tax policy and regulation policy driven by the Canadian government.
Members of the Liberal Party and the NDP are committed to a set of policies that are going to continue to push Canada down the wrong track. Government is about protecting and advancing the interests of Canadian families. The NDP-Liberal coalition has failed to do this. That is why it needs to be replaced so Canadians will not just get by but get ahead.
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- Feb/14/23 1:31:54 p.m.
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Mr. Speaker, members are looking at the author. They can vote for this motion, cap spending, fire the high-priced consultants, eliminate inflationary deficits and scrap the taxes that have caused a cost-of-living crisis for Canadians. After eight years of the terrible Liberal government, it is time for a change.
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- Feb/14/23 2:19:56 p.m.
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Mr. Speaker, this scandal stings taxpayers so much because it comes at a time when housing costs are taking more and more out of Canadian paycheques.
After eight years of Liberal deficits, interest rates have risen, meaning homeowners have to pay more to the banks in interest payments just to stay in their own homes. In fact, after eight years of the Liberal government, the average monthly mortgage cost has more than doubled and the average $600,000 mortgage sees interest costs go from $12,000 a year to over $30,000 a year.
Again, does the minister think it was a good idea for the Prime Minister to bill taxpayers for one night's hotel stay what homeowners pay in two full months on their mortgages?
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- Feb/14/23 2:21:14 p.m.
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Mr. Speaker, it is always smart to vote against inflationary deficits that drive up the cost of living.
The Liberals have learned the wrong lesson from this hotel bill scandal. One would think that, after billing taxpayers $6,000 a night for a single room, the lesson learned would be to book a cheaper room next time. Instead, the lesson the Liberals have learned is to cover it up better.
Emails between the PM's staff reveal government officials scheming to cover up the scandal. One even suggested burying these costs in next year's public accounts. The word finally came down from the minister herself to simply stop answering questions altogether, all this at a time when Canadians are paying more just to stay in their own homes.
Why is treating taxpayers' money with respect never the lesson the Liberals learn?
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- Feb/14/23 4:59:42 p.m.
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Mr. Speaker, like my colleagues, one of the issues I have with this motion is that it does not place any emphasis at all on the role that corporate profits have in driving up the cost of living in this country. It is quite clear that this is the case.
Another issue I have is with the Conservative orthodox economic thinking that deficits invariably cause inflation. If that were the case, we would have had rampant inflation in this place when the Conservative government of Stephen Harper ran seven consecutive deficits from 2008 to 2015, which did not happen.
I have heard the Conservatives say it is inflationary to spend money on dental care, yet the leader of the Conservative Party has said he would adopt the recently announced health care accord for the next 10 years, which injects an additional $46 billion into the economy. Can my hon. colleague explain how that is not inflationary if other government spending is?
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