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Decentralized Democracy

House Hansard - 207

44th Parl. 1st Sess.
June 6, 2023 10:00AM
Context: House Hansard - 207 - Jun/6/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Jun/6/23 2:24:58 p.m.
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Mr. Speaker, it is no longer just me who is pointing out that deficits cause inflation. It is the former Liberal finance minister John Manley, who said the government is putting its foot on the inflationary gas while the Bank of Canada is slamming its foot on the brakes by raising interest rates on Canadians. There are literally hundreds of thousands of families that took on big mortgages when interest rates were artificially low that will face massive increases in their monthly payments when they come up for renewal if the rates do not go back down. Will the Prime Minister balance the budget to bring down inflation and interest rates so that Canadians can keep their homes?
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Context: House Hansard - 207 - Jun/6/23
Mr. Gérard Deltell (Louis-Saint-Laurent, CPC)
  • Jun/6/23 2:39:04 p.m.
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Mr. Speaker, members will perhaps recall one of the most ridiculous statements made in the history of Canadian politics when the Prime Minister said that budgets balance themselves. No one repeated it because it makes no sense. The problem is that, after eight years of Liberal governance, budgets have never balanced themselves. We have had deficit upon deficit. I will share something. Last November, we thought we saw the light at the end of the tunnel when the Minister of Finance said that we should not throw fuel on the inflationary fire, meaning that spending must be controlled. Why did she change her mind, with the disastrous results we are seeing today?
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