44th Parl. 1st Sess.
June 12, 2023 11:00AM
- Jun/12/23 2:52:32 p.m.
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The hon. member for New Brunswick Southwest.
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- Jun/12/23 2:52:35 p.m.
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Mr. Speaker, the Liberal government has run massive deficits for eight long years, and, as predicted, inflation has soared, leading to unaffordable mortgage rates for households across this country.
Canadians have the highest household debt in the G7, and today, we now have the highest risk of mortgage default in the OECD nations. The solution is obvious: It is to end deficit spending, stop inflation and help Canadian families.
Will the Prime Minister and his government commit to ending his inflationary spending to prevent a fiscal crisis?
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- Jun/12/23 2:53:08 p.m.
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Mr. Speaker, to be absolutely clear, in the hon. member's question, when he refers to deficit spending, he is largely referring to the supports that kept families fed during the pandemic.
The programs that we put forward helped keep a roof over the heads of kids in my community. They helped small businesses keep the lights on and the doors open.
Some hon. members: Oh, oh!
Hon. Sean Fraser: They can jeer during my response as they may, but Conservatives know this is true. In fact, they knew that—
Some hon. members: Oh, oh!
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- Jun/12/23 2:53:29 p.m.
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I am going to interrupt the hon. minister.
We were doing so well. I am not sure what is going on, but the volume seems to be going up. So that the member for New Brunswick Southwest can hear the answer to his question, I am going to ask the Minister of Immigration to go ahead.
The hon. Minister of Immigration.
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- Jun/12/23 2:53:51 p.m.
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Mr. Speaker, the deficit spending Conservatives are talking about included the pandemic supports that made sure that families in my community could keep food on the table and a roof over their kids' heads. Those supports helped small businesses keep the lights on and the doors open. Now they are blaming the Canadians who availed themselves of those pandemic benefits for the deficit spending they now are attributing inflation to.
The reality is they do not support this spending now, and, at the time, their leader held a press conference in which he said that, as a Conservative, he did not support those big, fat government programs. However, I support them, because they kept my neighbours fed when they needed it.
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- Jun/12/23 2:54:28 p.m.
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Mr. Speaker, that is absurd. During the pandemic, $200 billion was spent that had nothing to do with helping Canadians. The current government just added another $60 billion to its inflationary bonfire, and it now has deficits for as far as the eye can see.
Canadians are struggling to put food on their tables. They are cancelling their summer vacations because of the Liberal-caused inflation. On our side of the House, we are willing to work all summer to fix and pass a budget that will bring down inflation, bring down deficits, and make home ownership and hard work affordable again.
Will the Prime Minister cancel his summer vacation? Will he get to work, or are surfboard—
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- Jun/12/23 2:55:07 p.m.
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The hon. Minister of Families, Children and Social Development.
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- Jun/12/23 2:55:13 p.m.
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Mr. Speaker, what the member opposite is saying is absolutely false. What we did during the pandemic was support Canadians. When he is talking about that additional funding, he is talking about things like child care, $30 billion that is helping Canadians access child care.
We do not know how the Conservatives are going to vote on it, but what we heard during their speeches in the House is that they are pretty against affordable child care. They are pretty against Canadians having access to thousands of dollars in their pockets at the end of the year, that is helping them pay for the high cost of groceries, that is helping them with their mortgages, that is helping them take, maybe, a family vacation.
Let us see what they do. Let us see if they truly care about—
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- Jun/12/23 2:55:51 p.m.
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The hon. member for Berthier—Maskinongé.
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- Jun/12/23 2:55:55 p.m.
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Mr. Speaker, when our farmers used the emergency account during the pandemic, they could not have anticipated all the other misfortunes that would follow.
The war in Ukraine has driven up input costs. The inflation rate is more than three times higher than in other industries. There is $8 of debt for every dollar of income, and the policy rate continues to rise. I could go on all day. As a result, one in 10 farm businesses are worried about having to shut down within a year.
Will the Minister of Finance allow farmers to defer their emergency account repayments without them losing the subsidy portion?
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- Jun/12/23 2:56:37 p.m.
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Mr. Speaker, I would like to thank my colleague for his question.
We are working with the agricultural sector to ensure that farms can make a fair and equitable profit. We have increased the advance payment interest-free limit from $250,000 to $350,000. This will help our farm families across Quebec and Canada.
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- Jun/12/23 2:57:03 p.m.
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Mr. Speaker, the question about the emergency account was for the Minister of Finance. It would be nice to get some answers. At a minimum, could repayment of the emergency account be extended?
Agriculture has been hit harder than other sectors, especially the next generation of farmers. That is why other groups are taking action. Other governments are also taking action. The Americans have invested $22 billion in agriculture. Quebec has provided emergency assistance through Financière agricole. It is now Ottawa's turn to collaborate. Current programs do not provide assistance for this exceptional crisis, which requires exceptional assistance.
When will the government finally support our farmers?
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- Jun/12/23 2:57:42 p.m.
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Mr. Speaker, as the daughter of a farmer, I understand very well the importance of our agricultural sector.
I agree with my hon. colleague that our farmers are exceptional. They are very important for our communities and our economy. That is why our government was there during the pandemic. Yes, there was significant spending, but it was essential to support our farmers.
We will continue to support them.
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- Jun/12/23 2:58:22 p.m.
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Mr. Speaker, it is no secret that the government's record deficit spending has shot inflation through the roof. As a result, Canadians are spending more on food than ever before. This is particularly marked in rural communities like my own, where higher shipping costs add on to the cost of the end product and will only continue to get more expensive with this government's carbon taxes.
Will the government finally acknowledge the damage its lavish and out-of-control spending is having on the kitchen table?
Canadians are needing help. It needs to end its inflation-inducing monetary policy. Will it do it?
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- Jun/12/23 2:59:02 p.m.
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Mr. Speaker, we know that Canadians will not receive any help from the Conservatives, because their plan is austerity, austerity, austerity. In opposition, our government is committed to supporting Canadians.
In fact, inflation is a global phenomenon. A recent report noted that Canada actually has the second-lowest food inflation in the world. It does not mean that Canadians are not hurting. That is why we brought forward the grocery rebate that, as of July 5, 11 million Canadians are going to receive.
That is in addition to the Canada child benefit, early learning and child care, the rental benefit. We have been there for Canadians—
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- Jun/12/23 2:59:41 p.m.
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The hon. member for Hastings—Lennox and Addington.
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- Jun/12/23 2:59:43 p.m.
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Mr. Speaker, unlike the federal government, struggling Canadians cannot simply print more money. They need to manage their budgets and spend within their means. They cannot impose a series of punitive taxes on their neighbours to balance their books. They need to manage their finances with the added hurdle of reduced spending power.
When will the government stop spending, reduce inflation and lower massive grocery bills?
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- Jun/12/23 3:00:14 p.m.
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Mr. Speaker, as I have said many times in this House, I think we can all agree that affordability is an important issue. That is why there is a rebate with respect to the price on pollution to ensure that we are actually addressing this in a thoughtful way. As we are seeing the evacuations of people across this country, it is time that the Conservatives start to think about climate change. I do not know whether they do not believe it is real or they just do not think it is important, but Canadians certainly do.
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- Jun/12/23 3:00:43 p.m.
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Mr. Speaker, after eight years under this government, many families across the country are struggling to put food on the table. Now, mortgages, car payments and credit card interest are rising again. The cost of everything is going up under this Prime Minister. The Liberal government's deficits are to blame, but the government refuses to take responsibility. Food prices will continue to skyrocket if no one takes action.
When will the Prime Minister wake up and propose a real solution to this crisis?
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- Jun/12/23 3:01:16 p.m.
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Mr. Speaker, I think that more and more people who are watching at home are totally mystified at the fact that the Conservatives have nothing to say about the climate crisis. Over the past year, we have experienced the worst tropical storm on the east coast of Canada and the most severe flooding in the history of our country, and now we are dealing with the largest wildfires in Canadian history.
What do the Conservatives say about climate change? They say that they do not believe in it or that we can make it all go away with a wave of some magic wand.
That is not how it works. On this side of the House, we believe that the climate crisis is real and we are working—
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