SoVote

Decentralized Democracy

House Hansard - 221

44th Parl. 1st Sess.
September 20, 2023 02:00PM
Context: House Hansard - 221 - Sep/20/23
Mr. Marty Morantz (Charleswood—St. James—Assiniboia—Headingley, CPC)
  • Sep/20/23 2:13:24 p.m.
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Mr. Speaker, in June, the finance minister said, “Canada’s plan to bring down inflation is working.” She called it a “milestone moment”, taking credit for the reduction. Yesterday, we learned inflation has gone up to 4%, an increase of 43% since she made those comments. Now inflation is higher here than it is in the United States. Mortgage payments are up 151%, to $3,560. Rent has doubled. Before the Prime Minister took office, it took 25 years to pay off a mortgage. Now it takes 25 years just to save for a down payment. The NDP-Liberal government wants to blow the bank. The Prime Minister has added more debt than all previous prime ministers combined. Common-sense Conservatives would bring homes people can afford by reducing inflationary deficits and taxes to bring lower interest rates. After eight years, the Prime Minister is just not worth the cost.
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Context: House Hansard - 221 - Sep/20/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Sep/20/23 2:21:42 p.m.
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Mr. Speaker, after eight years, the Prime Minister has said that times are tough for politicians. At his retreat in Charlottetown, he said that inflation would go down. We learned yesterday that it has actually gone up. In fact, since the Minister of Finance declared victory over inflation, it has increased 43%. This could force the Bank of Canada to raise interest rates on Canadians, who are already carrying the highest debt levels in the G7. Will the government finally reverse its inflationary taxes and deficits so we can cut interest rates before we have a mortgage crisis on our hands? Some hon. members: Oh, oh!
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