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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
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • Oct/3/23 3:23:39 p.m.
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Mr. Speaker, we will keep the car on the right side of the road. After eight years of this Prime Minister, prices are increasing to the point where it is just not worth the cost. The National Payroll Institute reports that 63% of Canadians spend their entire paycheque and 30% spend more than their paycheque each month. The institute is calling this a perfect storm and a national emergency. Will the Prime Minister finally reverse his taxes and his inflationary deficits so that Canadians can eat and keep a roof over their heads?
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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?
125 words
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