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Decentralized Democracy

House Hansard - 212

44th Parl. 1st Sess.
June 13, 2023 10:00AM
  • Jun/13/23 2:23:25 p.m.
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Mr. Speaker, today we learned that there are roughly 100 ongoing police investigations into foreign interference, including an investigation into Beijing's targeted intimidation of a member of the House. We also learned that this Prime Minister's national security adviser knew about this intimidation for a long time. The rapporteur has already had to step down due to a conflict of interest. Will the Prime Minister launch a real independent public inquiry?
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  • Jun/13/23 2:24:44 p.m.
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Mr. Speaker, all the experts now agree that deficits are causing inflation. These include Liberal experts. The former Liberal premier of Nova Scotia, Stephen McNeil, says that deficits are causing inflation. The former Liberal finance minister and deputy prime minister, John Manley, says that the Prime Minister's deficits are like putting his foot on the inflationary gas pedal. Even the present Deputy Prime Minister has said that inflation is caused by deficits. Will the Prime Minister finally table a plan to balance the budget, so we can bring down inflation and interest rates?
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  • Jun/13/23 2:26:06 p.m.
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Mr. Speaker, if he does not trust Liberals on the economy, why should anybody else? It was, in fact, his own finance minister who, just weeks before she introduced her budget, said that deficits were like pouring gas on the inflationary fire. Then weeks later she introduced $60 billion, or $4,200 per family, of brand-new gas on that fire. Our children are screaming because of the debt they are going to inherit from the government. Will the Prime Minister act responsibly and introduce a plan to balance the budget to bring down inflation and interest rates?
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  • Jun/13/23 2:27:28 p.m.
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Mr. Speaker, the Prime Minister's inflationary spending binge caused the price of everything to go up. All that spending and all that money he flooded into the financial system bid up housing prices, which doubled, leading to the most expensive housing prices in the G7. It now takes 25 years for the average family in Toronto to save for a down payment. They used to be able to pay off an entire mortgage in that time period. It takes roughly 90% of a Vancouver family's monthly income to pay the average monthly mortgage. Will the Prime Minister balance the budget to bring down inflation and interest rates so that Canadians do not lose their homes?
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  • Jun/13/23 2:28:46 p.m.
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Mr. Speaker, the Prime Minister has had eight years to deliver on those promises. The only thing he has done is double the average rent, double the average mortgage payment and double the down payment on the average house. He has made Vancouver and Toronto two of the 10 most expensive cities in the world. It now takes 25 years to save enough money for a down payment. Will the Prime Minister finally put an end to his inflationary deficits so as to reduce interest rates and enable Canadians to keep their homes?
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