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Decentralized Democracy

House Hansard - 213

44th Parl. 1st Sess.
June 14, 2023 02:00PM
Context: House Hansard - 213 - Jun/14/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Jun/14/23 2:15:07 p.m.
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Mr. Speaker, the finance minister said she did not want to pour fuel on the fire of inflation and that she would balance the budget by 2027, but as with all NDP-Liberal promises, the government did a massive flip-flop with its failed budget, admitting deficits are here to stay as it adds to the debt and fuels further inflation. Random Liberals like Mark Carney say inflation is a domestic issue, and former Liberal finance minister John Manley said government spending fuels inflation. The debt-fuelled inflation made interest rates rise, and now homeowners are at risk of defaulting on their mortgages. Canadians have as much debt as the entire GDP, and the IMF warns that Canada is the most at risk of a mortgage default crisis in the G7. The NDP continues to prop up and support the Liberals, indebting struggling Canadians further. Maybe instead of going woke and virtue signalling, the NDP-Liberals should rein in government spending and rewrite this failed budget so Canadians do not go broke and start losing their homes this summer.
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Context: House Hansard - 213 - Jun/14/23
Mr. Garnett Genuis (Sherwood Park—Fort Saskatchewan, CPC)
  • Jun/14/23 10:24:01 p.m.
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  • Re: Bill C-35 
Madam Speaker, I want to pick up on the point about certainty for the long term. The Liberal government has run up more debt in its period of office than the country has in its entire history up to that point, and is continuing to fund these and other promised expansions of social spending through deficit spending. The fiscal context actually leaves a lot of Canadians uncertain that any of these kinds of programs would be there in the future, not because of political debates or the positions of any particular individuals but because of the fact that the Liberal government is making promises on the basis of deficit spending, promises that would in fact continue to cost more. This is in a context, by the way, where many Canadians still do not have child care. I wonder how the member could justify his claim that this is providing multi-generational certainty, when in a substantive sense these programs are not funded?
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