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Decentralized Democracy

House Hansard - 198

44th Parl. 1st Sess.
May 16, 2023 10:00AM
  • May/16/23 2:20:58 p.m.
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Mr. Speaker, she is the one who said that deficits add to inflation. In fact, she said that inflation and rising interest rates were related to the deficits, the same types of deficits that she was going to introduce a few weeks later in her budget. She added $60 billion of inflationary deficit spending. In the Prime Minister's city, one in five Montrealers can no longer pay their monthly bills. Will the Prime Minister finally give Montrealers and Canadians a bit of a break by eliminating these deficits?
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  • May/16/23 2:23:42 p.m.
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Mr. Speaker, actually, when I said two years ago that deficits would cause inflation, that was controversial. Now, everyone agrees that I was right, including the Governor of the Bank of Canada, who now says that inflation is caused by deficits. The finance minister has agreed that I was right, when she said that deficits pour fuel on the inflationary fire. She poured $60 billion of that fuel. That is $4,200 per family. Canadians cannot afford to eat, heat their homes or house themselves. Will that minister stop pouring the fuel on the fire so Canadians can again pay their bills?
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  • May/16/23 2:35:33 p.m.
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Mr. Speaker, I have bad news. Canadians are seeing even higher inflation today. Now we know for sure that Liberal deficits drive Liberal inflation, and the finance minister's last budget is driving every Canadian household 4,200 bucks more into debt. Where is the accountability? Where are her answers? Why does she talk to Canadians like they are in kindergarten? The effect of her own failures is playing out right in front of her very eyes. Does she not see what everybody else sees?
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