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Decentralized Democracy

House Hansard - 228

44th Parl. 1st Sess.
October 3, 2023 10:00AM
Context: House Hansard - 228 - Oct/3/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Oct/3/23 3:38:29 p.m.
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Mr. Speaker, Canadians should not have believed the finance minister when she said to borrow as much as one wants and that interest rates will be low for a very long time. She turned around and threw hundreds of billions of dollars of fuel onto the inflationary fire, giving Canadians the worst inflation in 40 years and the most rapid interest rate hikes, which we have not seen in the last 30 years. Anyone who took on a mortgage five years ago at 2% will now have to renew at 6% or 7%. That is an increase of more than 200%. Will the Prime Minister rein in his inflationary deficits so interest rates come down, or does he want people to start losing their homes?
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Context: House Hansard - 228 - Oct/3/23
Mr. Jasraj Singh Hallan (Calgary Forest Lawn, CPC)
  • Oct/3/23 3:39:48 p.m.
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Mr. Speaker, the rating she brags about came at the high cost of one in five Canadians skipping meals and seven million Canadians visiting a food bank in a single month. She is completely out of touch, but she is in line with her incompetent government's legacy. The finance minister was doing victory laps two months ago, saying that she stopped inflation. It went up 43% since then. What did she think was going to happen when she added $1.2 billion of debt in the first quarter of this fiscal year alone? Will the Prime Minister rein in his inflationary spending, or does he think that this too is not one of his responsibilities?
116 words
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