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House Hansard - 186

44th Parl. 1st Sess.
April 27, 2023 10:00AM
Context: House Hansard - 186 - Apr/27/23
Ms. Leah Taylor Roy (Aurora—Oak Ridges—Richmond Hill, Lib.)
  • Apr/27/23 1:10:19 p.m.
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Madam Speaker, I heard several times that he was trying to make things clear to us. I am not sure what the member opposite's background is, but it does not sound like it is business. You asked how we could have revenues go up but not have expenses—
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Context: House Hansard - 186 - Apr/27/23
Ms. Leah Taylor Roy
  • Apr/27/23 1:10:45 p.m.
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Madam Speaker, the hon. member questioned how revenue could go up from taxes and why our expenses went up. Typically, the balance sheets affect income and expenses, so the revenue went up because of inflationary pressures. These are global, as we all know. Although the member would like to give credit to our government for causing global inflation, I do not think we are quite that powerful. The other thing the member opposite was talking about inflation. Since the budget came out, inflation has actually gone down. I think it is about half of what the high was. Perhaps it did have an effect. The other point I wanted to make was that the member opposite mentioned that we get nothing for the interest we are paying. Again, as business people, we know that when we borrow money, we invest it. We are investing, in this case, in things like the Volkswagen plant, which will create jobs and increase our economic growth—
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