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Decentralized Democracy

House Hansard - 173

44th Parl. 1st Sess.
March 27, 2023 11:00AM
  • Mar/27/23 2:31:24 p.m.
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Mr. Speaker, millennials in Canada are feeling the squeeze of inflation more than the rest of Canadians. As a CBC article reports, the trustee in insolvency has concluded that Canadian millennials have been dealt a bad hand, and it is true. If we look at it, they have student debt, bad credit card debt and postpandemic tax debt from collecting CERB. In fact, it means that more and more millennials are filing for bankruptcy. In the interest of generational fairness, will the Prime Minister confirm today that there will be measures in the budget to give young Canadians a break?
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  • Mar/27/23 2:37:32 p.m.
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Mr. Speaker, Canadians have never paid higher taxes. More intervention, more bureaucracy, more spending and more debt have created less productivity, less growth and less for Canadians struggling to pay their bills. In this country, we have record credit card debt, record food bank usage and record levels of stress and anxiety on people's finances. It seems the Prime Minister's response is to raise taxes, as he plans to do on Saturday. The budget is tomorrow and millions of Canadians who are out of money all want to know if the Prime Minister will commit to no new taxes.
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  • Mar/27/23 2:38:11 p.m.
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Mr. Speaker, I am very excited, as is the member opposite, for the release of the budget tomorrow. It is going to be an opportunity for us to continue doing what we have been doing, which is making life more affordable for Canadians by lowering taxes for middle-class Canadians and lowering taxes for small businesses, which has allowed us to grow. Despite the fact that we have the lowest net debt-to-GDP ratio in the G7, we are delivering programs like child care, health care and dental care to make life more affordable for Canadians.
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  • Mar/27/23 2:38:41 p.m.
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As you know, Mr. Speaker, a new era was ushered in eight years ago, one where government budgets balance themselves. However, the reality is that, thanks to this Prime Minister's mismanagement of public funds, the cost of a mortgage has doubled since 2015, food has never been more expensive and Canadians have record credit card debt. Canadians know full well that they need to pinch pennies to pay their bills. Will the Prime Minister commit to no new taxes?
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  • Mar/27/23 2:48:26 p.m.
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Mr. Speaker, we have known for a long time now that CERB debt incurred by desperate people at the height of the pandemic would disrupt Canada child benefit payments, which people rely on to feed and clothe their children. The Liberals are quick to say not to worry about it and that they will deal with it on a compassionate, case-by-case basis. How is it compassionate for families to be surprised by an $800 shortfall in their monthly revenue? How is it compassionate for parents, now worried about their rent cheques bouncing, to have to sit on the phone for days just for a chance to beg CRA for relief? Real compassion requires a policy of CERB debt amnesty for low-income Canadians. When is the government going to do it?
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  • Mar/27/23 2:52:43 p.m.
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Mr. Speaker, our plan is not just making life more affordable for Canadians, it is also to be fiscally responsible. Canada has reconfirmed our AAA credit rating. We have recovered 126% of jobs lost during the pandemic, while the United States has only recovered 114%. We have the lowest deficit and the lowest net debt-to-GDP ratio in the G7. This positions us very well going into the next budget to get inflation under control, improve affordability and create sustainable clean jobs.
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