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Decentralized Democracy

House Hansard - 207

44th Parl. 1st Sess.
June 6, 2023 10:00AM
  • Jun/6/23 12:11:10 p.m.
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  • Re: Bill C-47 
Mr. Speaker, it is always interesting when time constraints require us to split our speaking time between two different days, but I was okay with stopping my intervention halfway through last evening in order to accommodate the emergency debate on the wildfire situation. I would like to express my hopes that everyone remains safe as the fires rage. I helped friends back home in Salmon Arm evacuate in 1998 just before the flames took their home, and I have seen how bad the devastation can be. I also want to recognize the expertise and courage of the firefighters and emergency response teams for all they are doing to save lives, properties and assist those displaced. I will go back to my intervention on Bill C-47, the budget implementation act. I was speaking last night about what $20 billion looked like to everyday Canadians, but I am now going to have to change my question it appears because the Liberal-NDP coalition has set new standards. The forecast deficit for 2023-24 is now $43 billion. How do those record deficits affect Canadians? It will affect lower-income Canadians disproportionately more. In 2015, the average rent for a one-bedroom apartment was $973; it is now $1,760. A two-bedroom was $1,172; it is now $2,135. When the Liberals took office, it only took 39% of an average paycheque to make monthly home payments. Under the Liberal-NDP fiscal management, or lack thereof, it now takes 62% of average income to make payments on an average home, an increase from what was in 2015, which was $1,400, to $3,100 today. Average minimum down payments have increased from $22,000 for a home to $45,000 for across Canada numbers. Add to this the sharp increases in interest rates and we have a situation where renters and first-time homebuyers need some relief. The Conservatives had asked for some common-sense steps in this 2023 budget, but the Liberal-NDP coalition was blind to the problems it continued to create for Canadians aspiring to purchase a first home or upsize to have room for their growing families. The Liberals inflationary spending has also caused the cost of food to rise and skyrocket. Food prices have risen so dramatically that one in five Canadians are now skipping meals. When I am out meeting with the good people in North Okanagan—Shuswap, a place where we can grow so much good food, people have been sharing their grocery store experiences, and this is one of the common topics that comes up now. They have been shocked at rising prices in the grocery aisles and have been forced into making choices and not purchasing items they used to purchase. There were warnings that these issues were coming, rising inflation, higher interest rates, skyrocketing housing costs and higher food costs, but the finance minister ignored those early warning signs. In fact, the minister ignored further warnings, and continues to plan on spending like there is no tomorrow. In the tomorrows to come, I and my Conservative colleagues will be fighting for and providing common-sense policies and budgets that will give those everyday Canadians hope for their futures, beyond the current government’s disastrous tenure. We will work to have Canadians keep more of their paycheques so they can decide how to spend them instead of sending more to the Liberal government for it to distribute as government sees best. Time allocation is now shutting down debate on Bill C-47, and I believe it is because the Liberal-NDP coalition does not want people to hear how bad this year's budget is for them. It is a shame that Liberals are going to shut it down and not allow us to tell Canadians what to expect and give them more hope for the future.
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  • Jun/6/23 12:31:21 p.m.
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  • Re: Bill C-47 
Madam Speaker, I do not particularly disagree with the member's concerns about the future and Canadians being able to properly take care of themselves. What I do have a concern with is the approach taken by the opposition party as we talk about deficits. The one key part of the economic equation that the member is missing out on when he is discussing this is economic growth. The reality is that if we can grow our economy as quickly as it has been growing, it puts us in a position to be able to take on more debt. It is not just me saying this. Every Conservative prime minister in the past has run countless deficits. As a matter of fact, if we look at Mulroney and Harper, out of the 16 budgets they introduced, only three did not run deficits. Can the member comment on how economic growth plays into this equation?
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  • Jun/6/23 12:32:22 p.m.
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  • Re: Bill C-47 
Madam Speaker, it plays strongly into the equation. That is why the fact that the government has had the slowest real per capita economic growth since the Great Depression is such a big problem, and debt actually drives down growth because it weighs down the economy. As for the deficits of previous Conservative governments, the Mulroney government did not have any operating deficits. Its deficits were simply interest on the previous Trudeau government's debt. Of course, I am going to inherit the same kind of mess from his son. Let me quote Stephen McNeil, former Liberal premier of Nova Scotia, “Happening on the inflation side, if governments both nationally continue to spend beyond their means, not spending for infrastructure, spending to pay the credit card of the government of today, they are going to continue to have inflation that continues to increase, which continues to put pressure on household budgets across country.... Number two, get your spending in order, we would all benefit from all governments being able to manage their own budget a lot....” That is from a Liberal. Top, common-sense Liberals no longer recognize themselves in this radical, nonsense government. We need balanced budgets to lower inflation and interest rates so Canadians can keep their homes and build a life.
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  • Jun/6/23 2:13:02 p.m.
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Mr. Speaker, the Liberal-NDP costly coalition's out-of-control spending and sky-high taxes have made life unaffordable for Canadians. More Canadians are visiting the food bank than we have ever seen before, more seniors are choosing to delay their retirement just to make ends meet and more families are finding themselves on the brink of insolvency. By every objective measure, the Liberals' war on work is making life more expensive, with inflation and higher taxes resulting in expensive gas, heat and groceries, which leaves hard-working Canadians with less in their pockets every month. With budget 2023, the Liberal government doubled down on these failed policies, adding over $40 billion to the national debt. Next year, Canadians will spend over $43 billion in interest payments alone. Canada's Conservatives are demanding a plan to balance the budget and bring an end to inflationary deficits, and for the Liberals to axe the carbon tax. Only Conservatives will bring home powerful paycheques, lower prices and make Canada work for the people who work.
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  • 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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  • Jun/6/23 2:26:47 p.m.
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Mr. Speaker, families are already dealing with austerity. Speaking of cuts, parents are being forced to cut back on how much food they eat and on other needs for their family. What we are blocking is the $60‑billion inflationary deficit that is driving up the cost of living and the interest rates. Even the Minister of Finance admitted that deficits add fuel to the fire of inflation. Will the Prime Minister finally listen to his own Minister of Finance and stop throwing that fuel on the fire of inflation for Canadians?
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  • Jun/6/23 2:34:10 p.m.
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Mr. Speaker, the finance minister admitted that deficits fuel inflation. It is hard to believe she even understands this concept, as her government piled on more debt on to Canadians than every government before it combined. This led to the highest bank interest rate hikes seen in a decade, and now 63% of Canadians' paycheques go toward monthly mortgage payments alone. After knowing all this, she still threw a $63-billion jerry can of fuel onto the inflationary fire she started with her failed budget, and now a mortgage crisis looms. Can she tell us on what date she will stop her inflationary spending and balance the budget so interest rates can finally come down?
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  • Jun/6/23 2:45:51 p.m.
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Mr. Speaker, to quote former Liberal Premier McNeil, “we would all benefit from all governments being able to manage their own budget a lot better.” Go figure. After the budget was released, inflation went up. After the carbon tax increase, inflation went up. The Liberals must give Canadians a plan to end their deficits and bring down spending so that we can stop inflation and interest rates. They must cancel their carbon taxes that are hurting struggling Canadians the hardest. When are they going to do this?
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  • Jun/6/23 2:48:20 p.m.
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Mr. Speaker, in February 2022, the finance minister said that deficits must be reduced and that this was a line that could not be crossed. We all know now that this was a broken promise. When the budget was introduced, inflation went up. When the carbon tax increased, inflation went up. When will the Prime Minister commit to eliminating inflationary deficits, eliminating inflationary spending and cutting the carbon tax so that Canadians will have lower interest and lower inflation?
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  • Jun/6/23 2:49:30 p.m.
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Mr. Speaker, we have the lowest growth out of all developed countries. When the budget was released, inflation went up. When the carbon tax increased, inflation went up. Former Liberal finance minister, John Manley, said that these fiscal situations had to be managed otherwise taxpayers would run out of money. Well, the time has come, Canadians are out of money. When will the Prime Minister commit to eliminating inflationary deficits, eliminating inflationary spending and cutting the carbon tax so that Canadians can have lower inflation and lower interest rates?
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  • Jun/6/23 4:49:49 p.m.
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  • Re: Bill C-47 
Mr. Speaker, if I am not mistaken, my colleague is an economist and has taught economics. As recently as February of this year, the Minister of Finance said that higher deficits would add fuel to the fire of inflation. That statement from the finance minister is the exact opposite of what she proposed in the last budget. Does my colleague think that makes sense? Does he believe that the government has failed in its duty to manage the country properly by adding fuel to the fire of inflation, with such high interest rates and skyrocketing inflation?
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  • Jun/6/23 4:55:38 p.m.
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  • Re: Bill C-47 
Mr. Speaker, I am very pleased to rise today to share my thoughts on budget 2023, which is at report stage. This government, under this Prime Minister, who has turned out to be the biggest spender in history, has delivered a reckless, irresponsible and free-spending budget. It has upset the fiscal balance that Stephen Harper's Conservative government had managed to restore. Let us remember that in 2015, the Prime Minister, who was driving a backhoe, promised three small deficits before returning to a balanced budget in 2019. What happened? For eight years, this government has posted deficit after deficit, the biggest deficits ever seen in Canada. In her fall economic statement in November, the Minister of Finance gave us a glimmer of hope. She said a small budget surplus would be recorded in 2027-28. I remind members that it is 2023. Just a few months later, in the budget we are now discussing, where is the return to a balanced budget? Poof. It has evaporated, it has flown away. It has disappeared into thin air. It has gone up in smoke. I will give my colleagues some staggering figures that illustrate just how irresponsible this budget is and how spendthrift this government is. Since 2015, the national debt has risen from $650 billion to $1.3 trillion. It boggles the mind. Sadly, the Liberals have managed to double the debt in just eight years. If this Prime Minister were to be awarded a prize, it would be for the prime minister who has increased the debt by more than all the other Canadian prime ministers combined in 155 years. We know that the Liberals will point out that there was a pandemic. We know that. However, our expectation was that this government would return to more sensible spending after the pandemic. It is incapable of that. The minister told us that hers was a prudent budget. On the contrary, this budget is written in very dark red ink, and we see no end to the deficits. In 2008-09, the Harper government was forced to invest $60 billion to kickstart the economy after the 2008 crisis. We then managed to recover very quickly. Canada was the first of the G20 countries to recover from the economic downturn, which some compared to the 1930 crisis. The minister told us that her budget was prudent; however, it is anything but. I am certain the government members will say we are too partisan. That is what they always say. However, I have a few quotes here from independent economic experts and commentators that confirm the opposite. Gérald Fillion, from Radio-Canada, said the following: So, where is the prudence and discipline that the Minister of Finance was talking about before publishing her budget? Even back in November, we knew that economic growth was going to be weak in 2023 and that interest rates had risen rapidly. Why add so much to deficits, debt and, consequently, public debt charges? Public debt charges have doubled. They went from $24 billion to $48 billion. Imagine what we could do with $24 billion. My colleague mentioned health transfers earlier. This is money that was requested by all the Canadian provinces, but they were given virtually nothing. Derek Holt, an economist with the Bank of Nova Scotia, said this: Big spending, big deficits, big debt, high taxes, high inflation and bond market challenges are not the path to prosperity. [The Minister is] wrong to describe the budget as prudent, with overall program spending set to balloon to 51% above pre-pandemic levels by 2028. Michel Girard, a leading economist with the Journal de Montréal, wrote an article with the headline “Ottawa is taking $102 billion more out of your pocket”. I will quote from the article: $46.1 billion more in personal income tax $35.4 billion more in corporate income tax $14 billion more in GST $2.8 billion more in other excise taxes and duties With such a deluge of money into the federal coffers, one might have expected the Trudeau government to finally announce a return to balanced budgets. The fact is, Canadian families are currently being heavily taxed by the government. This is to say nothing of the carbon tax and the second carbon tax that is right around the corner. Michel Girard continues with the following: Well, no. According to finance minister Chrystia Freeland's latest budget, the federal government will remain in the hole for the next five fiscal years. This completely contradicts what the Minister of Finance had said a few months earlier. It is completely backwards. Have the Prime Minister and his Minister of Finance read or heard these words? I do not believe they have. They continue to spend lavishly and to propose inflationary policies. This is very unfortunate because the biggest losers in all this are Canadians who work hard and are seeing the fruits of their labour slip away more and more each day. I have a company with 30 employees and we had to make a major salary adjustment in the past few months because of the rising inflation and interest rates. I have employees whose mortgage payments have gone up by $700 a month. Wages have not kept pace with inflation. Inflation is at his highest level in 40 years, and the impact on food prices is dramatic. Here are a few examples: The price of butter is more than $8; a loaf of bread costs $5.50, compared to $1.50 four years ago; a pound of bacon costs $10. A family of four, meaning two parents and two children, will spend $1,065 more on groceries this year alone. That is a lot. It is way too much. It also does not help when we add to that the price of gas, which is hovering around $1.80. Obviously, there is transportation. The Liberals are always telling us that the carbon tax does not affect Quebec, which is completely false. The food that is sent to us from across the country travels between the provinces. Obviously, there is trade happening. All of the items that need to be transported are subject to all of these taxes, which are inevitably inflationary. Some parents have to skip meals so they can feed their children. The use of food banks has skyrocketed. In Canada, 1.5 million people are using food banks every month. That is a source of daily stress for families, and yet nothing stops this government's out-of-control spending, which is driving up the cost of everything. That is not even to mention the cost of housing. Since this Prime Minister took office, the cost of housing has doubled. Just last year, the price of houses increased by 21% in the Quebec City area. That is unbelievable. Successive interest rate hikes have doubled the average mortgage payment, which is up to almost $3,000 a month. It is the same thing for rental units. It is not unusual to see ads for one-bedroom apartments that are renting for $2,000 a month. As a result, young families are abandoning their dream of owning a home. I have been an MP for eight and a half years and, for the first time, young people are coming up to me and saying exactly what we have been saying for months. They are asking me how they can one day become homeowners. No one had ever talked to me about that before, but now that is their reality. The list of negative effects and wrongs caused by this government's policies is too long to fit into a 10-minute speech. I am not even talking about the other problems caused by this government, such as violence, which is constantly on the rise, or the inadequate services to citizens. Just think about last year's passport crisis. I have never seen anything like it in my life. The number of federal employees has increased by nearly 70,000 over the last eight years and we have never had such bad service. This is truly poor organization from this government. I am not going to touch on the other problems. I am not going to talk about foreign interference, about everything that is going on at the moment or about our colleagues who have been spied on, and even threatened in some cases, by Beijing. Canadians deserve a lot more and a lot better. They deserve a government that puts them first, that thinks about their paycheques, their homes, their families and, most importantly, their future. They deserve a government that recognizes the hard work they put in every day and that is not always trying to squeeze more out of their paycheques. They need a government that will bring back some common sense. They need a Conservative government. I really look forward to the day when we are back in government. We will simply stop spending, and we will still have plenty of money to deliver all the programs people need.
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  • Jun/6/23 5:19:52 p.m.
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  • Re: Bill C-47 
Mr. Speaker, I keep hearing from those on the other side of the House that the government is investing, that they will do this and they will do that. I wonder if they recognize that there is no such thing as government money. It is the money of hard-working Canadians. It is important to live within our means or we will go further into debt. Will the member not recognize that massive deficits and debt are fuelling inflation and making life more expensive for all Canadians?
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  • Jun/6/23 5:25:16 p.m.
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  • Re: Bill C-47 
Mr. Speaker, I rise today to speak to Bill C-47, the government's budget implementation bill. The cost of everything is going up. Why? Because the Prime Minister is directly responsible for creating the cost of living crisis. The Prime Minister has created that cost of living crisis through his out-of-control spending and through his inflationary policies. The Prime Minister is trying to ram $67 billion of new spending through Parliament before he takes the summer off. We would think that there would be a plan to return to a balanced budget, but there is not. We would think that there would be a detailed plan for how the $67 billion in new spending would be used, but there is not. We would think that the government's finance minister would answer questions about her spending, thoroughly, in Parliament, but she has not. We would think that the Prime Minister would stop raising taxes on Canadians during a cost of living crisis, but he has not. That is why the Conservatives are blocking the Prime Minister's inflationary budget until he changes course. The Conservatives have asked for two things. First, the Prime Minister must present a plan to end his inflationary deficits and spending. The Prime Minister has added more debt to our country than all other prime ministers combined. Let that sink in for a minute. It is staggering. Now Canadians are paying the price. Food price inflation is at a 40-year high, and 1.5 million Canadians are eating at food banks. With higher inflation comes higher interest rates. Recent reports predict that the Bank of Canada will continue to raise interest rates on Canadians. Canadians cannot afford more interest rate hikes to keep up with the Prime Minister's inflation. The down payment needed to buy a house has doubled under the Prime Minister. Mortgage payments for a new house have doubled under the Prime Minister. The cost to rent in Canada has doubled under the Prime Minister. According to the CMHC chief economist, Canadian households are more in debt than those in any other G7 country, and the amount they owe is now more than the value of the country's entire economy. Even Statistics Canada has proved that Canadian households are paying 72.25% more in interest payments since the Prime Minister took office. It is just staggering. At what point does the Prime Minister look in the mirror to understand where the problem lies? The second thing Conservatives are demanding is an end to the Prime Minister's carbon tax hikes. Canadians know that the Prime Minister's carbon tax is not an environmental plan; it is a tax plan. That is why the government's own budget watchdog proved that the Liberals' first carbon tax would cost Canadians $1,500 more than they would get back in rebates. However, one carbon tax is not enough for the Prime Minister. That is why he introduced a second carbon tax that would drive up gas prices 61¢ a litre, further hiking the price of gas, heat and groceries. The Canadians I talk to, especially those who live in rural Canada, cannot afford the Prime Minister's carbon tax. Rural Canadians have no other choice but to drive. There are no subway stations in rural Canada. They cannot rely on bikes for transportation. Rural Canadians rely on gas-powered vehicles to live their lives. The Prime Minister wants to change the behaviour of Canadians but, in doing so, he is making it impossible to live the rural way of life. One of the most troubling aspects of the Prime Minister's spending is that he is spending billions of taxpayer dollars with little to show for it. Do members notice how the government always talks about how much it is spending instead of how much Canadians are getting in return? Let us just look at the Liberal government's record when it comes to connecting Canadians with high-speed Internet. The Liberals have announced billions of dollars, paid for by taxpayers, in an attempt to connect Canadians. There are at least—
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  • Jun/6/23 7:27:45 p.m.
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  • Re: Bill C-47 
Madam Speaker, nostalgia is a strange thing. Sometimes it is quite surprising and remarkable what kinds of longings it can spark. When we start to skim through the contents of the 2023 budget, it is almost enough to make one nostalgic for the days, not so long ago, when the Liberal government failed to table a budget for over two years. I say that mostly in jest, of course, but the point I am making is that, while this budget is being tabled by a Liberal government, it is certainly not a classically Liberal budget. For that, we have to think back to the 1990s when fiscal policy was something that the then Liberal prime minister at least spent a bit of time thinking about. This was when the then prime minister's finance minister at least viewed deficits as an obstacle along the road to prosperity and not a destination in and of itself. The incarnation of the Liberal government under the Prime Minister and the finance minister would certainly be unrecognizable to Jean Chrétien and Paul Martin. Members across the way who remember when their leaders held at least some concern for fiscal responsibility ought to reflect on just how far off path their party has wandered. Maybe if they did that, they would feel a little nostalgic themselves. With contents such as bigger government, higher taxes and more debt, this document reads less like a budget and more like a 270-page love letter from the Prime Minister to the spendthrifts who have overtaken the Liberal Party, and to those already well-established among its partners in the New Democratic Party. At a time of massive debt, this budget proposes $67 billion in new spending, and all of this is being thrown on the heap of huge debt and deficits that has already been racked up by the Prime Minister over the last eight years, which amounts to more than all of the debt accrued by all previous prime ministers combined. This 2023 federal budget would add significantly to the high debt, deep-deficit turbulence that is shaking our economy. A cost of living crisis is ongoing, and inflation is eroding Canadians' paycheques at the same time it is increasing their bills. Therefore, naturally, the Liberal government somehow sees this as the ideal time to add to their burdens by increasing their taxes and the debt they owe. With this budget, every Canadian household's share of the federal debt is now in the range of about $81,000. This debt is unaffordable, as $43 billion would be syphoned off, away from services for Canadians, to service the interest on that debt. That money would have to be replaced through that much more borrowing. It is unsustainable. Canadians not even born yet, and even their kids, their grandkids and their great-great-grandkids, will be on the hook to pay back the bankers for the Liberals' eight-year spending spree. Hopefully, that is where it stops. It is unfocused because, if the purpose of a federal budget is to present a path forward to future prosperity for Canadians, this document clearly misses the mark. It sacrifices the dinner table concerns of everyday Canadians on the altar of the costly coalition's big government ideology. The real problems facing this country get eclipsed in deference to the partisan priorities of the Liberal-NDP partners. This budget has the dubious distinction of being notable not for its contents, but for what it does not contain. Canadians seeking relief from the inflation crisis will not find here a reversal of the inflationary deficits and taxes that would allow workers to bring home more of their own earnings. Lowering taxes and leaving more of their money in Canadians' pockets is the single most effective way the government could have helped citizens in a cost of living crisis. The Liberals do not want to do that because that would mean more cash for Canadians to decide how best to spend it on their own priorities and less for the government to hand out on what it perceives that to be. Instead of empowering Canadians through more powerful paycheques, the budget proposes yet more new programs for them to fund through Canadians' paying more taxes. This increases taxpayers' obligations too, and therefore their reliance upon, bigger government, and that is exactly the way the Liberals want it. The Liberals fancy themselves as gatekeepers. This paternalistic government does not trust Canadians to best deploy their own dollars, so it sets itself up instead as the arbiter of how Canadians' money can best be used. This is a spoiler alert, but in their minds, that best use is not for the priorities of Canadians. Rather, it is to fund the Liberal-NDP agenda. Canadians will also not find in this budget a blueprint for a freer, more responsive economy, one that removes the government gatekeepers who use restrictions and red tape to complicate problems rather than streamlining processes to provide solutions. We need more housing in this country, but we have too many gatekeepers running interference. Canadians are looking for a smart, responsive policy that enables the free market to work as it should, respond to demand and provide the affordable housing stock a growing population needs. Canadians will not find measures along that line in this budget. Rather than creating solutions to the problems that exist, the Liberals create new problems that impact housing, such as the way they have implemented their underused housing tax, for example. Taxing Canadians under the guise of going after foreign speculators, costing Canadians massive amount of accounting and administrative fees and making them fill out all kinds of forms to force them to justify the use of their own properties will not do anything to address the housing crisis that has vastly worsened under the Liberals. These are the kinds of things the government does instead of getting serious about addressing the real problems facing Canadians. Not only that, but young Canadians looking to save up for their first home would find that task just a bit easier if the budget had simply ended the carbon tax hikes and the deficit spending that continue to drive up inflation and interest rates, and make life more unaffordable. Instead of listening to Canadians, Liberals are continuing with their war on work and increasing taxes, which means workers are punished for working, and taking home even less of their pay. What they do take home, the Liberal fiscal policy driving the affordability crisis is steadily eroding. Items as essential as food are becoming increasingly harder for Canadians to afford. Good nutritious options are becoming luxury items for far too many pantries as household budgets are stretched to the breaking point. In my riding, for example, food banks in Airdrie, Cochrane, Morley and Bow Valley are struggling with at least a 50% increase in demand over the previous year, yet the government continues to find ways to fuel that inflation with further spending, and more families in communities in my home province of Alberta are struggling, just as families right across the country are. For example, an oil and gas worker in Alberta, with a family of four to feed, is forecast to spend up to over $1,000 more on food this year, according to “Canada's Food Price Report 2023”, and that is almost $600 more than the rebate they will receive. That money has to come off of an already smaller paycheque that worker is trying to make due with, so it is that same trend. The government insists on taking more of the hard-earned dollars from Canadians for its big government agenda, while leaving Canadians with less to fend for themselves. The government is not also forcing Canadians to make due with smaller paycheques, but also penalizing their community to earn them. The carbon tax increased to 14¢ per litre on April 1, making it more expensive for Canadians to get to work. The Parliamentary Budget Officer shows the carbon tax will cost the average family somewhere between $402 and $847. That is even after the supposed rebates. That blows a huge hole in the Liberals' claim that their scheme is revenue neutral. By 2030, the government's carbon taxes could add 50¢ per litre to the price of gasoline. That is all in addition to the new payroll taxes the government is putting on workers and employers as well. These tax-and-spend policies, and others like them, have a human cost, with everyday impacts on people struggling just to get by, and giving back some of the crumbs of the feast the government takes for itself is not going to fix those impacts. Acting on the financial mess they are causing will be the solution, but it is clear that nothing is going to change with the Liberal government. Canada's federal debt for 2023-24 is projected to reach $1.22 trillion. The 2023-24 deficit is projected to be $40.1 billion. Eight years of the same old has become this tired group's stock and trade. There is no path to balance in Canada's future budget projections. It is just another Liberal promise broken. No matter what the challenges are that are facing the nation, the Liberals always default to their instincts for bigger government, higher taxes, more restrictions and fewer freedoms, to the detriment of hard-working Canadians. Their record proves it. We need a Conservative government in this country that will prioritize the needs of people instead of its own friends, like the Liberal Party has done. It is time for change, and it cannot come soon enough for Canadians.
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